Real Estate Asset Management Analyst Opportunity Overview
We love what we do. We love real estate. We love supporting organizations, companies and families. We love creating multiple levels of value and positively influencing the future. Do you?
The Real Estate Asset Management Analyst role is an opportunity to:
Lead the direct analyst duties for a portfolio of existing high-quality office and multifamily assets on behalf of an affiliated company.Have exposure to and work with Senior Management.Identify and implement new process improvements/efficiencies.Work on asset management and consulting project work.*Position Description*
The Real Estate Asset Management Analyst will:
Create and maintain cash flow valuation models in Argus and Excel, performing periodic hold/sell analyses.Review and analyze proposed leasing transactions -- both new leases and renewals -- to summarize and compare contract terms and provide insight into tenant credit worthiness.Provide oversight and direction to property management teams, including property management accountants, to assure accuracy of management information such as rent rolls and financial statements.Analyze historical and current period financial statements, together with annual budgets and reforecasts, for variance and trends.Review and analyze property management and construction management fee and brokerage commission calculations.Review and confirm accuracy of annual CAM reconciliations for office and retail properties.Conduct market research and analysis related to operational metrics such as rent levels, competitive performance, capital markets activity, and development pipeline.Create sensitivity and scenario analyses to inform redevelopment decisions.Support acquisitions, financing activities, and dispositions with cash flow modeling, valuation, scenario analyses, due diligence, and Q&A.Help maintain accurate and complete data records for all client properties, including filing and tagging documents in SharePoint.Coordinate, assemble, and distribute materials to third-party service providers for annual appraisals.Prepare written narratives and financial tables and charts for use in management and investor reporting, including quarterly and annual reports.Assist Asset Management team with special projects.*Educational & Professional Experience Requirements*
Bachelor's Degree in Real Estate, Finance, Accounting, or related field.2+ years of commercial or multifamily real estate experience with a focus in finance or accounting preferred.Advanced knowledge of Excel including building models and templates for other users. Argus experience strongly preferred.Comfortable with running reports and ledgers in software such as Yardi or Kardin.*Key Skills & Competencies*
General understanding of commercial real estate finance, leasing, accounting, terminology, and property operations.
Understanding of financial statements, real estate and accrual basis accounting, valuation principles, and the property budgeting process.
Strong analytical, accounting, and critical thinking skills.
Excellent written, verbal, and quantitative communication skills.
Able to probe, ask thoughtful questions, and dig beneath the surface to test the validity and relevance of information.
Able to manage multiple competing priorities and meet delivery deadlines.
Advanced excel modeling and skills.
Able to successfully work in a team-oriented environment and partner with internal colleagues, external suppliers, and cross-functional groups.
Comfort level with the technology used to aid in collaboration, commun