Investment Analyst

Job description

Crescent Real Estate LLC ("Crescent") is a real estate operating company and investment advisor with assets under management, development, and investment capacity of more than $10 billion. Crescent's unique fund structure allows the company to be strategic in timing, property type and the structure in which it invests. Crescent has a broad real estate investment mandate, but primarily invests in hotels, multifamily and office - both existing acquisitions and new development. Crescent invests alongside institutional and ultra-high net worth clients in real estate and real estate related assets. Crescent has more than 110 employees and $3.4 billion under management.

Crescent is looking for an enthusiastic analyst to join our hospitality team in Fort Worth, Texas. You will be working directly with senior management of our hospitality team. You will be managing existing hospitality real estate investments as well as underwriting, modeling, and conducting due diligence on new hospitality investments. You will conduct, analyze and summarize research of market-related demand drivers, transactional trends, and target asset competitive sets. We invest across all product types including multifamily and office in the US.

This is the perfect job for you if:

• You understand major real estate markets and can study and diagnose current supply/demand situations.
• You are a self-starter and enjoy solving problems. You don't get flustered easily. If you don't know the answer, you'll dig until you find it.
• You communicate clearly, and you write well.
• You are motivated and driven. You're going to take ownership of the time you spend with Crescent and truly make a difference.
• You have strong working proficiency in Microsoft Excel, Word and PowerPoint, with established Excel financial modeling expertise, those little details.
• Of course, you must have integrity and a strong sense of ethics

As our Investment Analyst, a typical day might include the following:

• Assist in the underwriting, financial modeling, diligence, and internal memo preparation for hospitality acquisitions and originations. Work alongside hospitality team to negotiate, structure, finance, and close acquisitions and investments.
• Builds and updates advanced Excel models and reports that evaluate investment opportunity, fundamental economic/industry outlook, and currently owned/operated assets.
• Assist in financial analysis and tracking of the operational performance of the existing hospitality portfolio to identify trends and opportunities.
• Track portfolio operating results on a weekly, monthly, and quarterly basis. Complete cash flow forecasts or other analysis as needed for strategic decision making concerning individual assets.
• Track market conditions and performance in relation to current portfolio performance.
• Drafts internal/external communications, memos, and presentations with high levels of professional institutional quality as directed.
• Responsible for assembly and documentation of exhibits and supporting materials for transactional documents
• Conducts ongoing research of the hotel industry to detect market trends and related information for analysis in defining investment strategies. Draws conclusions and makes recommendations based upon analysis.
• Maintain current knowledge of the hospitality industry and global capital markets by monitoring current financial publications and conducting ad hoc research as necessary.
• Performs any other job-related duties as assigned.

You need to have:

• A bachelor's degree, ideally with a focus on real estate, finance, or hospitality.
• Hospitality experience in real estate investment, financial banking, or private equity firms is a plus.

You will also need to:

• Be able to demonstrate analytical and financial modeling experience.
• Have a proven outstanding work and/or academic track record with a demonstrated history of achievement.
• Be able to travel up to 15%

Google to learn more about Crescent Real Estate

• Our website crescent.com
• Check us out on LinkedIn

We offer opportunities for career growth, responsibilities and rewards-based incentives, and competitive pay and benefits.

Salary and Benefits Commensurate with Experience. Equal Opportunity Employer. Except where

prohibited by state law, all offers of employment are conditioned upon completed a background check.