Real Estate Analyst
Confidential
2021-12-03 07:34:56
Philadelphia, Pennsylvania, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
Real Estate private equity firm headquartered in Philadelphia with investments throughout the U.S. is seeking a highly motivated and talented senior analyst to join its investment team. The individual will be actively involved in acquisitions, dispositions and asset / portfolio management. The firm's portfolio includes office, retail, industrial and multi-family properties. The successful candidate must be detail-focused, able to interface with senior management and thrive in an entrepreneurial, results-oriented environment.
Responsibilities:
- Create and/or modify complex cash flow projections with certainty of correctness for new and existing assets using Argus and Excel
- Continually update fund models- fund models include aggregate property cash flows and contain metrics including Gross and Net IRR and Equity Multiple calculations with post-acquisition financings and use of a credit facility
- Assist in the due diligence for acquisitions and dispositions including comprehensive review of leases, property agreements, budgets and operating statements
- Support the asset management team in preparing budgets and annual property business plans
- Prepare comprehensive memorandums for presentation to the firm's investment committee on new acquisitions and sales of existing investments
- Assist in transitioning new acquisitions to in-house property management, leasing, accounting and construction teams and work with these teams on an on-going basis to maximize the value of the firm's investments
- Assist in the preparation of quarterly investment reports to senior management
· Keep current on market trends / dynamics where the firm has existing investments and in markets the firm is targeting
Qualifications/Requirement:
- Exceptional analytical and quantitative skills
- Superior oral and written communication skills; excellent interpersonal skills
- Ability to calculate complex IRRs and equity multiples
- Detailed understanding of fund waterfall mechanics including GP Promote, GP catch-up, hurdle rates, etc.
- Ability to handle multiple, concurrent complex assignments with moderate supervision
- Demonstrated progressive history of achievement
- High-energy, detail-focused individual with unquestionable integrity
- Thorough understanding of investment fund economics
- Pro-active, solutions-oriented mindset with a strong focus on meeting deadlines
- Ability to work independently and collaboratively and thrive in a result-oriented environment
Experience/Education:
- Bachelor's Degree in Finance, Math, Business, or Economics with an understanding of Commercial Real Estate strategies
- Mastery of Argus and Microsoft Office Suite
- 2+ years of exceptional performance with a private equity real estate investment firm
- 4+ years of financial modeling experience
- VBA writing experience preferred
- Master's or MBA degree preferred
Benefits
- Medical Insurance - PPO Plan
- Dental & Vision Insurance
- Company paid Life Insurance / Accidental Death Dismemberment
- Long Term Disability
- PTO
- 401k (Roth and pre-tax options) with company match
Job Type: Full-time
Pay: $85,000.00 - $110,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- Monday to Friday
Supplemental Pay:
- Bonus pay
Application Question(s):
- Do you have experience in Argus?
Education:
- Master's (Preferred)
Experience:
- Underwriting: 2 years (Preferred)
Work Location:
- One location
Benefit Conditions:
- Waiting period may apply
- Only full-time employees eligible
Work Remotely:
- Temporarily due to COVID-19
COVID-19 Precaution(s):
- Temperature screenings
- Social distancing guidelines in place
- Sanitizing, disinfecting, or cleaning procedures in place