Property Analyst - MIG Real Estate LLC

January 02, 2018
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MIG Real Estate LLC

Newport Beach , California 92660
http://www.migcap.com/RealEstate/

COMPANY:

MIG Real Estate (“MIG”) is a private real estate investment firm located in Newport Beach, CA. MIG specializes in making direct acquisitions in “opportunistic” and “value-added” office, hotel, retail, industrial and multi-family properties located in the Western U.S., including Texas.  MIG is currently seeking a qualified individual for our Property Analyst position. This individual will support the Company’s real estate acquisition, underwriting, financing and asset management efforts.

 

RESPONSIBILITIES:

The person filling this position will report to senior management of the Multi-Family asset management team to assist in them in their management, monitoring and performance improvement of MIG’s current and to be acquired multi-family portfolio.

 

PRIMARY JOB TASKS AND RESPONSIBILITIES:         

· Support Director and Senior Asset Manager of Multi Family in managing the existing multi-family portfolio and acquiring additional assets.

· Assist in developing portfolio standards and benchmarking on all value add programs for existing and proposed projects.

· Evaluate and track property performance against relevant benchmarks including MIG KPI’s.

· Prepare regular reports (weekly, monthly, bi-annually and annually) on leasing, financial and capital performance.

· Prepare and track capital plans and interior renovations and regularly monitor market comps capital and interior renovation programs.

· Assist in discovering, assessing and implementing new technologies that drive NOI.

· Assist in managing portfolio including project tours and regular project meetings.

· Conduct regular market surveys and tours to track and understand market conditions in target market areas and existing asset performance to market.

· Assist in preparation and review of annual project budgets and business plans.

· Conduct regular review/test of marketing/advertising channels for effectiveness and ROI.

· Monitor online presence including website, ORM, ILS, review sites, etc.

· Assist in supervision of various third party providers (property managers, construction managers, etc.) in adherence to contractual obligations.

· Other duties as assigned.

QUALIFICATIONS AND QUALITIES:

·  Major in Real Estate, Finance, Mathematics or Economics

·  Prior internship in commercial real estate preferred

·  Knowledge of real estate financial modeling

·  Knowledge of Microsoft Excel including sorting/working with data, and querying data sources

·  Excellent communication skills, both oral and written

·  Excellent computer and organizational skills

·  Ability to manage multiple projects with shifting priorities

·  Periodic travel to assets and target markets required

·  Ability to be flexible with work hours to accommodate demands of transactions, closings, internal presentations / meetings, etc.