Real Estate Private Equity Analyst - The Scion Group

October 29, 2017

The Scion Group

Chicago, Illinois 60611
http://www.thesciongroup.com

Supports: Acquisitions; Investment Management; Asset Management

 

Acquisitions:

  • Update investment pipeline activity databases
  • Perform financial analysis and underwriting of potential acquisition, development and redevelopment opportunities
  • Gather and analyze university market data
  • Conduct transaction due diligence by collecting, reviewing, and summarizing various property diligence reports, leases, property financial information, and other due diligence documents

 

Budgeting:

  • Assist in building operating and capital budget pro-formas based on underwriting models and due diligence results for new acquisitions
  • Review and incorporate information into property budgets as applicable from acquisition records such as property appraisals, environmental site assessments, closing documents, and tax assessments
  • Assist with the transition of newly acquired properties into portfolio financial management
  • Build operating and capital budget pro-formas for all owned properties with detailed analysis of year-over-year performance and analysis to original underwriting, incorporating comparisons to industry performance benchmarks
  • Audit financial records, agreements and contracts and incorporate results into operating and capital budget pro-formas
  • Develop financial models and perform analysis on financial statements, valuation, and market or industry specific data.

 

Revenue Management:

  • Maintain the tracking and reporting of asset leasing velocity and provide all applicable sales benchmarking as directed by asset manager
  • Provide analytical support to determine the feasibility of potential promotions and rental rate changes including impact on rate growth, NOI performance, ROI of specific initiatives, budget reforecasts, etc.
  • Consistently monitor all leasing incentives and concession budgets to ensure budget compliance

 

Financial Performance Analysis:

  • Provide cash management analysis for Scion portfolio properties and Scion corporate
  • Review and adjust annual operating budgets
  • Review monthly financial performance reports with site staff and assist in the completion of monthly cash flow reports for all managed properties
  • Report anomalies and variances to asset manager as appropriate
  • Aggregate portfolio-wide data and provide analysis of portfolio leasing and financial performance against available income and expense survey data and public-REIT data
  • Provide analytical support and guidance in determining the feasibility, financial impact and ROI of specific capital projects and budget variance requests

 

Requirements

  • Bachelor’s degree in computer science, STEM, real estate, finance or economics
  • Strong analytical and problem solving skills with an ability to convey complex datasets and information to internal management and external partners
  • Data driven with a natural ability to problem solve and create solutions
  • Advanced financial modeling skills including extremely strong Microsoft Excel, Word, and PowerPoint skills (proficiency with VBA preferred)
  • Knowledge of and experience with commercial real estate fundamentals and investment principles is a plus
  • Thrive in an entrepreneurial work environment and be self-motivated
  • Excellent written and oral communications 

As an Equal Employment Opportunity (EEO) employer, The Scion Group LLC provides job opportunities to qualified individuals without regard to race, color, ethnicity, religion, gender, sexual orientation, national origin, age, marital status, physical or mental disability, familial or military status, in accordance with applicable federal, state and local EEO laws. All candidates for employment must successfully complete pre-employment drug testing and background verification before employment is finalized.

<$75,000