Real Estate Analyst

February 07, 2018

Confidential

Philadelphia, Pennsylvania


Real Estate private equity firm with extensive holdings throughout the U.S. is seeking a highly-motivated and talented senior analyst to join its Philadelphia investment team.  The individual will be actively involved in acquisitions, dispositions and asset / portfolio management.  The firm’s portfolio includes office, retail, industrial and multi-family properties.  The successful candidate must be detail-focused, able to interface with senior management and thrive in a results-oriented environment.

Responsibilities:

  • Create and/or modify complex cash flow projections with certainty of correctness for new and existing assets using Argus and Excel
  • Continually update fund models to keep current – fund models include aggregate property cash flows and contain metrics including Gross and Net IRR and Equity Multiple calculations with post-acquisition financings and use of a credit facility
  • Oversee and review work completed by other capital markets analysts to ensure accuracy
  • Assist in the due diligence for acquisitions and dispositions including comprehensive review of leases, property agreements, budgets and operating statements
  • Support the asset management team in preparing budgets and annual property business plans
  • Prepare comprehensive memorandums for presentation to the firm’s investment committee on new acquisitions and sales of existing investments
  • Assist in transitioning new acquisitions to in-house property management, leasing, accounting and construction teams and work with these teams on an on-going basis to maximize the value of the firm’s investments
  • Assist in the preparation of quarterly investment reports to senior management
  • Keep current using internal and external resources on trends / dynamics in markets where the firm has existing investments and in markets the firm is targeting

 

Qualifications/Requirement:

  • Ability to calculate complex IRRs and equity multiples
  • Detailed understanding of fund waterfall mechanics including GP Promote, GP catch-up, hurdle rates, etc.
  • Ability to handle multiple, concurrent complex assignments with moderate supervision
  • Exceptional analytical and quantitative skills
  • Superior oral and written communication skills; excellent interpersonal skills
  • Demonstrated progressive history of achievement
  • High-energy, detail-focused individual with unquestionable integrity
  • Thorough understanding of investment fund economics
  • Pro-active, solutions-oriented mindset with a strong focus on meeting deadlines
  • Ability to work independently and collaboratively and thrive in a result-oriented environment

  

Experience/Education:

 

  • Bachelor’s Degree in Finance, Math, Business, or Economics with an understanding of Commercial Real Estate strategies
  • Mastery of Argus and Excel
  • 2+  years of exceptional performance with a private equity real estate investment firm
  • 4+ years of financial modeling experience
  • Prefer experience writing in VBA
  • Prefer MBAs or Master’s degree