Acquisitions Analyst - Multifamily
Clear Capital, LLC
2021-12-03 13:36:36
Los Angeles, California, United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
APPLICATIONS WITHOUT A COVER LETTER WILL NOT BE CONSIDERED.
Title: Real Estate Acquisitions Analyst
Type: Full-Time
Compensation: Salary, potential bonus, health/dental, 401K Matching, and Profit Sharing
Location: Los Angeles, CA or Irvine, CA
Application: PDF Version of Resume, PDF Cover Letter
Company: Clear Capital is a private equity real estate investment firm with offices in Los Angeles and Irvine, California. Clear Capital specializes in multi-family real estate investments, focusing on identifying, acquiring, improving and monetizing apartment assets throughout the Pacific Northwest, Mountain, Southwest, and Southeast regions of the United States. Clear Capital presently owns and operates over 4,500 units across 25 communities in 6 states.
Clear Capital is seeking a qualified candidate for its Los Angeles or Irvine office with the following qualifications:
Qualifications
- 2 - 5 years in multi-family analysis and underwriting experience preferred
- Bachelor's degree in Business, Finance, Economics and/or Real Estate or equivalent work-history
- Strong skills in Excel, Word, and PowerPoint
- Experience and exposure to all multifamily real estate product types
- Strong verbal and written communication skills with the ability to maintain and source information with Brokers across the West and Sunbelt regions
- Passion for or strong demonstrated interest in multi-family real estate
- Hardworking, analytical, detail-oriented and organized
- Track record of personal, educational, and professional success
- Excellent organizational skills with the ability to work on multiple projects in an efficient manner to meet all deadlines
- Excellent innovative thinking and problem-solving skills
- A "get it done now" approach with a "whatever it takes" mentality
- Excellent internet research skills
- Excellent management communication skills with the ability to "manage up" and seek help, clarification, and prioritization of tasks from senior members of the firm
- Ability to work independently and with guidance from senior management
- Ability to work under pressure and in a time sensitive environment
Job Description
Responsibilities:
Property Identification and Underwriting
- Complete transaction screening, and contact investment sales professionals to gather key data to utilize in creating property and investment summaries
- Assist the VP of Acquisitions in underwriting new acquisitions by researching property comps, analyzing financial statements, building operating and capital budgets, conducting submarket research, and sourcing other relevant information within target markets
- Apply standard analytical processes to create detailed financial investment cash flow models to determine whether opportunities meet/exceed the company's investment criteria
Property Acquisition
- Assist in the coordination of the due diligence process for new acquisitions, including assisting in the review of third party reports, compiling market analyses, completing rental surveys, assisting during property inspections, and helping with other items as required
- Maintain and update acquisition pipeline reporting and other exhibits for team meetings
- Review key financial exhibits and provide complete analyses to senior management for prospective acquisitions
- Prepare summaries of market research, financial analysis, and due diligence in preparation for all individual and team acquisition meetings
- Able to make presentations to senior executives on investment recommendations
Other
- Database management
- Market research
- Ad-hoc financial modeling
- Ad-hoc projects
- Training of Interns
Attitude
- Responsible and Independent
- Committed to Excellence
- Committed to Growth
- Integrity
- Transparent Communicator
- Passionate and Driven
- Professionally Mature
- Entrepreneurial Approach with an Ownership Mentality
- An understanding that every single detail matters
- Sense of Humor
Experience:
- Commercial Real Estate: 2 years (Preferred)
- Transaction: 2 years (Preferred)
- Excel: 2-5 years (Preferred)
- Analysis Skills: 2-5 years (Preferred)
- Microsoft Office: 2-5 year (Preferred)
Equal Opportunity Employer Statement
Clear Capital, LLC is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Clear Capital, LLC makes hiring decisions based solely on qualifications, merit, and business needs at the time.