Analyst/Associate, Investments & Portfolio Management

Overview

Responsibilities

• Underwriting new investments on behalf of institutional investors (comprising over $50 billion in invested real estate equity) across multiple property types and locations, including the review of cash flow assumptions, pricing, fees, and preparation of discounted cash flow models including complex waterfall fee structures.
• Analyzing investment opportunities in operating companies, separate accounts, programmatic joint venture, and funds.
• Evaluating potential investment partners based on track records, strategies, pipelines, financial and operating structures, and management interviews.
• Research and develop knowledge of industry trends and participants.
• Reviewing existing assets, including investment performance reporting, hold/sell analyses, budget reviews, capital plans, restructuring analyses, and appraisal reviews.
• Preparing reports and presentations to communicate key findings and recommendations to Investment Committee and clients.

Qualifications

• Bachelor’s degree in real estate, finance, economics, or with a demonstrated interest in quantitative analysis in the real estate industry.
• Work experience requiring quantitative analysis, either through multiple internships or working in the private/public sector.
• Proficiency in Microsoft Office applications including Word and PowerPoint, and particularly in the use of Excel for financial modeling and analysis.
• Excellent written and verbal communication skills.
• Demonstrated knowledge of commercial real estate underwriting and valuation.
• Ability to structure quantitative and qualitative problem-solving approaches, and attention to detail and accuracy.
• Years of experience - for Analysts: 0-3 years; Associates: 3-6 years.

Preferred Qualifications

• Demonstrated knowledge of commercial real estate underwriting and valuation, and