As one of the largest and most diversified privately held real estate companies in the United States, Lightstone is active in 21 states across the country, developing, managing and investing in all sectors of the real estate market, including residential, hospitality, commercial and retail. Headquartered in New York City, Lightstone also maintains a presence in key markets across the country, with regional offices in Chicago, Baltimore, Detroit, New Jersey, and Las Vegas. In addition, the firm has a development pipeline of over $2.5 billion including over 1,600 multifamily units and three Marriott hotels.
About the Position
This position is full time based out of our Lakewood, NJ office five days a week.
We are looking to hire a Senior Analyst to assist in all aspects of property-level operating activities and strategies for the Company’s growing residential portfolio of over 12,000 multi-family units across several states including NY, NJ, PA, MI, IL, VA, MD, MA. Responsibilities include financial review and reporting, revenue management, and assisting with oversight of third party property management firms. The Senior Analyst will also work actively with the Acquisitions team to assist with new acquisitions and in the due diligence process.
Duties may include but not limited to the following:
The ideal candidate has experience in multifamily asset management, is analytical, deciphering financial data to effectively review and evaluate residential investment opportunities and to assess and help drive the performance of individual residential assets in Lightstone’s portfolio. The ideal candidate is able to work independently with minimal supervision and is able to thrive in an environment that is highly entrepreneurial, both strategic and creative, and which requires rapid learning, multitasking and prioritizing under tight deadlines.
Degree preferably with a concentration in Real Estate, Finance, or Business-related degree (advanced degree preferred but not essential)
Minimum 4-5 years of relevant experience in multi-family asset management across a national / multi-state portfolio.
Understanding of multifamily rental properties across different markets.
Solid understanding of multifamily operations and capital improvement projects; and the ability to increase revenue.
Ability to understand investment risks and methods used in structuring investments.
Able to read and interpret complex business documents including leases, financial reports, and contracts.
Experience with revenue management software such as Yieldstar and LRO
Strong analytical skills and quantatative skills including financial analysis.
Understanding of accounting procedures and financial reports with ability to analyze variances.
Proficiency with Microsoft Office suite, with proficiency in Excel.
Demonstrated ability to identify errors, problems and opportunities
Demonstrated problem solving, decision making, and continuous process improvement skills.
Effective presentation and communication skills, both verbal and written.
Highly organized, detail-oriented, motivated, and able to multi-task effectively in a deadline driven environment while maintaining strict attention to detail.
MUST be willing to travel.
Application Process – In order to be considered for this position, please send your resume and salary requirements to the email listed and reference “Senior Analyst” and your name in the subject line (ex: Senior Analyst– John Smith).
Lightstone is an Equal Employment Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class.