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Associate, Asset Management
Unico Properties LLC
2021-12-03 08:50:22
Seattle,
Washington,
United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
What We Do
Unico Properties is a commercial real estate investor and full-service operator committed to creating environments that enhance the success of the people, businesses, and communities we serve while delivering best-in-class customer service. For more than 60 years, our investors and partners have relied on us for our local knowledge, institutional rigor, and boutique service, which consistently deliver results.
Who We Are
Our company is a reputable and thriving business with the strongest commitment to people in the industry.
About the Position
The Associate, Asset Management is responsible for conducting financial analysis, market analysis, modeling, and valuation for the asset management function. Responsibilities also include developing and implementing business plans for existing commercial office and multi-family properties and portfolios. As performance warrants, the Associate may also be asked to develop strategies to maximize value and meet the company's objectives for its properties; working in concert with the Asset Manager.
This position offers competitive pay and generous benefits, including employee paid, and partial (40%) dependent-paid medical, dental and vision coverage; a 401(k) plan with up to $6,000 in employer matching each year; starting with 3 weeks of flexible paid time off, 9 paid holidays, paid volunteer time; education allowance and much more!
Key Responsibilities :
- Prepare sophisticated valuation and cash flow models to determine the viability of potential investment strategies, and develop recommendations and reports based upon findings.
- Develop value enhancement investment strategies, including leasing, physical improvements, capital structure and sell/hold analysis, and communicate findings.
- Support the Asset Management team with all analytical aspects of an investment including: market research, due diligence, financing, capital structuring, distributions and negotiating.
- Prepare partnership recommendations concerning major property decisions.
- Perform investment risk analysis, and develop and report recommendations.
- Prepare detailed business plan memorandums for Committee approvals.
- Assist with monthly and quarterly reports for Unico's investment committee, equity partners, and Board of Directors.
- Review property cash flows and distribution models using both Argus and Excel.
- Review leases for accuracy, and enter into Argus.
- Work with property managers to implement investment strategies.
- Assist with the preparation of the annual corporate valuation.
- Assist in special projects with other Unico departments as required.
- Communicate with investors / owners.
About You
Do you share our commitment to customer service? Do you meet the qualifications below? If so, we want to hear from you!
Qualifications :
- Understanding of real estate finance and structuring
- Significant experience with complex financial modeling
- Proven ability as a lead support person on large scale projects
- Excellent verbal and written communication skills
- Strong customer service orientation
- Strong proficiency in Microsoft Excel required. Argus experience preferred.
- Experience with Yardi preferred
- Bachelor's degree required. Major in business, finance or real estate preferred
- Applicable real estate work experience
ADA Requirements:
Unico Physical Demands / Work Environment
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to: work at a stationary work space for long periods of time, with mobility to move throughout the office; use a PC, constantly reaching with hands and fingers and keyboarding extensively; work in close contact with small and large groups as frequent communication with others is required, including use of the telephone; be able to read and write documents in hard and electronic copy, including those requiring great attention to detail; have the physical strength and agility to handle routine office tasks and machinery. Occasional travel may be required for certain employees depending on location.
This position is in a standard office environment with desktop business equipment and frequent telephone calls. Noise level is moderate. Frequent interruptions are common, while under deadlines and time constraints.
Unico Properties LLC is an Equal Opportunity Employer.