Associate - Commercial Real Estate Acquisitions

Opportunity
The candidate will be working within the Commercial Acquisitions team and our network of operating partners to provide support throughout all areas of the acquisition process, including deal sourcing, underwriting, financing, due diligence, and closing with a primary focus on pipeline management, screening and evaluating potential acquisitions.

Key Responsibilities
The successful candidate will be able to demonstrate core competencies in the following areas:

• Primary responsibility will be to screen, evaluate and underwrite potential acquisition opportunities.
• Maintain detailed pipeline of potential new investments.
• Reviewing P&L statements, rent rolls, and tax statements.
• Research and analyze demographic, economic, and real estate market data to recognize market trends to support underwriting assumptions with a high level of certainty.
• Communication with market participants including investment sales brokers, property managers, lenders, and servicers.
• Occasional travel with acquisition team to conduct on-site due diligence for potential new investments may be required.
• Prepare investment memorandums and presentation material for acquisitions.
• Ensure that objectives and timelines are being met. Prepare and deliver timely, accurate and complete reports as needed.
• Provide overall support for the team with a willingness to learn and an enthusiasm for commercial real estate

Education and Experience

• Bachelor's degree from a four-year college or university in a relevant field of study (business, finance, real estate, economics).
• 5 years of related experience and/or training.
• Knowledge of real estate cash flow modeling using Microsoft Excel.

Communication Skills

• Excellent written and verbal communication skills.
• Detail oriented with strong organizational and analytical skills.
• Ability to provide efficient, timely, reliable analysis while working with operating partners
• Ability to effectively and efficiently present information and interface with Acquisitions Team as well as Leadership.
• Ability to prioritize and work independently.

Reasoning

• Requires advanced analytical and quantitative skills.
• Be able to recognize and analyze trends in financial statements.
• Firm understanding of financial concepts (IRR, NPV, Cap Rate, etc.) and factors affecting these metrics.

Other Skills and Knowledge

• Intermediate to advanced skills with Microsoft Office Suite.
• Willingness to work long hours when necessary.
• Knowledge of the CMBS industry