Firm Overview:

Our client is a vertically integrated real estate investment, development, and management firm with a 50-year track record of investing across market cycles on behalf of private and institutional investors. Headquartered in Boston with an office in New York, The Firm operates a fully integrated platform of approximately 120 professionals spanning investments, development, asset management, property management, and corporate operations. 

Since inception, the firm has invested approximately $12.8 billion of gross asset value and raised $2.9 billion of equity across five value-add funds, executing complex transactions across equity, structured capital, and credit strategies. Over the course of its history, the firm has owned, operated, and developed more than 37 million square feet of commercial space and nearly 14,000 residential units.

The Firm’s investment platform is organized around property-type focused verticals, including Industrial, Multifamily, and Science & Technology, and is anchored by a thematic, value-oriented investment approach emphasizing complex business plans, capital structure creativity, and hands-on execution. A unique combination of capital markets expertise, development capabilities, and in-house asset and property management enable the firm to identify and capitalize on opportunities created by market dislocation, distressed capital structures, and evolving tenant and user demand.

Position Overview:

Our client is seeking a full-time Associate to assist with the underwriting and asset management of their various product verticals, representing a combination of both Fund and Non-Fund investments. Currently, the position is likely to cover Industrial and Office. This role will report to the Senior Vice President of Asset Management and work with the broader investments and portfolio management team. This role will support all leasing and sale efforts.

Role & Responsibilities:

• Integral point-person that coordinates and communicates with various departments in order to execute the asset-level business plan and implement actions to create value.
• Assist senior Asset Management team professionals by conducting financial analyses on portfolio operations, including creation of cash flow, hold/sell and distribution models using ARGUS and excel. 
• Assist in tracking investment performance.
• Writing, preparing and assembling Investment Committee memos with input from senior members of Asset Management team and the Vertical.
• Monitor the performance of existing investments and identify potential areas of concern or opportunity.
• Prepare quarterly valuations and reports by updating model assumptions, inputting property-level activity, and completing investor reports.
• Assist team members in dispositions or refinancing processes.
• Maintain databases, record, and assist Investor Relations in completing portfolio management activities.
• Conduct market research, data mining, and collect competitive property transaction information
• Ensure complete and well-organized property files are maintained on Sharepoint for each Investment, including (but not limited to) weekly tracking reports, budgets, fully executed lease files, third party reports, etc.
• Prepare ad hoc analysis, documentation, and briefs for review by more senior team members.
• Assist with organizing, refining, and implementing the valuation process.
• Participate actively in the assigned Vertical – contributing to annual business plan preparation and regular investments analysis.
• Other responsibilities and requirements as required by manager or company. 

Skills & Qualifications:

• Bachelor’s Degree and a minimum of 3+ years of real estate experience, with a preference for experience within the various asset classes.
• Understanding of commercial real estate industry (supply/demand, revenue and expense drivers, forecasting, reporting, leasing and marketing).
• Ability to create detailed financial models demonstrating exceptional proficiency with Excel; proven comprehension of complex analyses (e.g. different debt structures, ground leases, waterfalls, etc.).
• Ability to synthesize information, create structure for analyses, draw informed conclusions, and present to senior leaders.
• Ability to solve practical problems and manage multi-variable situations with limited standardization.
• Exceptional written and oral communication skills, with acute attention to detail.
• Project management skills and the ability to multitask and prioritize workload efficiently and effectively with little direction.
• Experience managing complex capital/redevelopment projects for an ownership group preferred.
• Ability and willingness to travel up to 20% of the time.