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Breakthrough Properties

Associate, Asset Management

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
San Diego
 CA
Postal Code
92130
Country
United States

This job is no longer active.

Description


 

About Breakthrough Properties

Breakthrough is a joint-venture between Tishman Speyer and Bellco Capital, combining Tishman Speyer’s global real estate platform with Bellco Capital’s deep life science investment expertise to reimagine environments where companies can create life-changing therapies for patients. Breakthrough Properties is a life science real estate investment company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. Breakthrough is led by an experienced management team with a proven track record investing in life science real estate.  At Breakthrough, we seek to be a home for scientific discovery and innovation because we understand what scientists do, how they do it and why they do it.

Job Title

Associate, Asset Management (Los Angeles or San Diego)

Job Description

The Associate will support Asset Management efforts for Breakthrough’s growing portfolio while working closely with the following teams: Acquisitions, Portfolio Management, Debt Capital Markets, Development & Project Management, Equity Capital Markets, Legal, Marketing, and Property Management. The Associate will principally focus on team leadership, asset value creation, property reporting, and financial analysis. The Associate will guide property strategic decisions, interaction with joint venture partners and limited partners, budgeting, and business plan execution for the firm’s real estate investments.

Key Responsibilities include:

  • Prepare Investment Committee memos as well as quarterly and annual reporting evaluating asset performance
  • Produce strategic business plans and work with property management team to produce annual budgets and future cashflow projections for portfolio assets
  • Maintain detailed and dynamic financial models and cash flows in Excel and Argus for existing portfolio assets to support operational decisions
  • Track commitments to lenders and capital partners
  • Manage and review the property budgeting process including capital needs, valuations, and periodic appraisals
  • Conduct lease analyses and assist with the lease negotiation process for prospective tenants
  • Review and monitor governing documents, including partnership agreements, loan agreements, leases, or other legal documents
  • Provide portfolio management support including project level communication with LPs
  • Review due diligence documentation as part of transaction due diligence and transition process
  • Become part of a collaborative, multi-functional team, and mentor and manage team of Analysts/Senior Analysts

Requirements

At Breakthrough, we understand that our team is our most valuable asset. We look for people who are passionate about real estate and are ready to hit the ground running.  Breakthrough is seeking highly intelligent and self-motivated candidates with the following skills:

  • 4 - 8 years of experience in an analytically based real estate investment or finance role
  • Strong creative, methodical problem-solving skills
  • Strong written and oral communication skills, ability to articulate complex concepts in clear concise and professional manner
  • Self-motivation with the ability to work effectively in a dynamic entrepreneurial environment
  • Advanced Excel underwriting and ARGUS Enterprise skills
  • Unwavering attention to detail and organization; dedicated to excellence in work product and delivery
  • Ability to work effectively with both peers and senior management in a highly entrepreneurial, team-oriented environment
  • Passion for working in the life science field, and how real estate supports mission critical facilities

 

As an equal opportunity employer, Breakthrough Properties is committed to a diverse workforce. Employment decisions regarding recruitment and selection will be made without discrimination based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws.  FULL VACCINATION STATUS IS REQUIRED FOR EMPLOYMENT AT BREAKTHROUGH PROPERTIES.

 

 

Job Sector


 

Experience


5+ to 7 years


This job is no longer active.