Real Estate Associate

Company Overview

AVR Realty Company is a privately-held national real estate investment and development firm. To date, AVR has built, acquired, and developed more than 50 million square feet of commercial and residential space in New York City and around the country. AVR's portfolio includes office complexes, shopping centers, corporate and industrial parks, apartment complexes, residential communities and hotels.

Real Estate Associate Job Description

The Associate will be responsible for supporting the asset management activities for a portfolio of commercial properties throughout the country. In addition, this individual will support firmwide analytical activities.

This position requires a hands-on self-starter with the ability to take initiative and solve problems.

Specific responsibilities include:

• Build and maintain cash flow models in Excel and Argus
• Monitor the performance of the commercial portfolio from an analytical perspective
• Assist in the implementation of property business plans, the preparation of asset valuations and annual budgets
• Prepare hold/sell/refinance analysis
• Facilitate information flow between property management, accounting, and construction teams
• Implement turnaround strategies for any underperforming assets
• Create presentation materials and communications sent to prospective Tenants, Brokers and Lenders
• Oversee and track implementation of capital initiatives
• Participate in the disposition process and assist with due diligence through closing
• Establish and maintain project files and databases

Qualifications:

• Minimum of 2 Years in the Real Estate industry
• Strong work ethic, must be able to see projects through to completion, self-motivated, resourceful and proactive
• Strong computer skills – Excel – Argus – Database Systems Preferred
• Strong financial modeling and finance skills – this will be tested in the interview process
• Strong analytical, interpersonal, writing and research skills
• Excellent organizational and communication skills
• Ability to work independently, effectively prioritize, and multi-task under pressure
• Commercial asset-class experience necessary, other asset types preferred  
• Bachelor’s Degree from an accredited University

Compensation

Competitive compensation package based on experience. Excellent benefits and 401k with company match.