Real Estate Associate/ Senior Associate

Fifteen Group, a 27 year-old multidisciplinary, opportunistic real estate development and investment company based in Miami, has an immediate need for a very intelligent, highly talented individual in its Miami office to provide a broad range of analytic, organizational, and management support in its investment/management/development group on residential, commercial, and mixed-use real estate projects. Primary responsibilities include creating and analyzing detailed financial spreadsheets, comprehensive underwriting and due diligence on potential investment opportunities, conducting market research and analysis, and compiling information packages for presentation purposes and financing. The position will be involved throughout the life cycle of the real estate investment process, from sourcing to closing to ongoing asset management of owned deals. This is a tremendous opportunity with considerable growth potential for someone with some real estate analytical experience and strong interest in continuing to further their career in real estate investment and development.    

Candidates should have:

• Completed a Bachelor’s degree, preferably with a concentration in real estate, finance, mathematics, construction/development, general finance, business, or similar degree
• Demonstrated work experience, including a minimum of two years’ experience of meaningful financial analysis with a banking institution or investment firm (real estate specific experience is a plus, but all candidates with strong financial and Excel backgrounds will be considered)
• Strong analytic skills and an excellent working knowledge or mastery of Microsoft Excel and the ability to create, modify, and analyze financial spreadsheets and calculate investment returns (PowerPoint, Word, Outlook, and other MS suite program experience also required; knowledge of Argus is preferable, but not required)
• Outstanding communication skills, both verbal and written, and be able to comfortably interact with both in-house associates and outside contacts
• Be competent with detailed data collection and analysis
• Be able to efficiently manage time, produce high-quality work under deadline pressures, and successfully prioritize and simultaneously manage a high-volume workload
• Excellent attention to detail and high standard for accuracy
• Outstanding organizational and multi-tasking skills
• Be an extremely resourceful self-starter, able to work independently, and take strong initiative
• Be a diligent, hard worker, capable of thriving in an intense, high-energy, transaction-driven environment
• Ability and willingness to travel occasionally to portfolio assets
• Have a passion for real estate and a desire to grow a career within the organization

Responsibilities will include:

• Creation and updating of detailed financial analyses in Excel for new acquisitions and existing owned assets
• Creating, managing, and updating of asset management reports, project budgets, schedules, cash flow templates, cash flow projections, and management of project budgets and schedules
• Comprehensive due diligence responsibilities on new acquisitions, from sourcing through closing
• Preparing market research to facilitate investment decisions
• Market inquiries and comparable analyses to assess new real estate investment opportunities
• Creating and managing presentation packages for new and existing deals and internal/external reporting
• Conducting ad hoc analyses and providing analytical support for other members of the team
• Communicating with brokers to inquire of new investment opportunities
• Coordinating the administrative aspects of various real estate, financial, and legal transactions
• Coordinating and interfacing with equity partners and lenders, including analysis of potential JV structures
• Participation in management of architectural, engineering, and other consultants on development deals
• Participation in weekly, monthly, quarterly, and annual reporting to deal partners and firm principals
• Working closely with analysts, associates, VPs, and Principals

This will be a well-compensated position with a competitive market salary with upside through bonus. For consideration please submit your Resume/CV. Please do not contact any company principals directly. No phone calls, please.