Job Description

Buchanan Street Partners, a national real estate investment manager based in Newport Beach, CA, seeks

a Market Leader (VP to SVP level), in a combined acquisition and asset management position, to assist in

expanding our investment management platform.

The primary objective of this position is to identify and secure new acquisitions; primarily niche

strategies within the office and industrial sectors. The ideal candidate will possess strong analytical skills,

be a proactive and creative dealmaker, and have the ability to strategically manage acquired assets to

achieve and exceed the business plan for their investments.

Buchanan Street Partners prioritizes its people and culture to ensure that all professionals are highly

ethical, team players, passionate about serving our investors and supporting the overall team. The

position will report to the divisional EVP and include the following responsibilities:

Acquisitions

 Sourcing institutional‐quality property investments in select Western U.S. target markets.

 Highest priority markets: Greater Los Angeles Area, San Francisco Bay Area and Denver

 Establishing a deal‐flow pipeline, expertise and focus to consistently achieve acquisition goals.

 Point of contact in maintaining and expanding key industry relationships.

 Remaining abreast of target market property fundamentals, including employment trends, net

absorption, new construction, vacancy and rental trends and capital markets activity; periodic

summaries of research in order to develop and support investment thesis.

 Identification and refining of unique investment strategies to suit local market opportunities.

 Ability to successfully secure both on‐market and off‐market acquisition opportunities.

 Assistance with transaction financing, including preparation of financing memoranda, providing

lender due diligence materials, analysis of competing bids, and closing coordination.

 Ability to oversee all aspects of the acquisition and underwriting process, including working

independently and with a financial analyst to perform:

o Cash flow modeling, including DCF valuations through Argus

o Analysis of market data and trends to develop investment strategy and assumptions

o Preparation of investment summaries, proposals, committee memoranda

o Conduct and management of due diligence processes

o Execution of transaction closings

 Coordinate with corporate and property level accounting functions for smooth operations.

Asset Management

 Creative innovator and operator of commercial property investments.

 Establish optimal positioning and strategy of all asset managed properties.

 Maximize property level returns for the benefit of our investors.

 Select, lead, strategically manage and motivate all key property level professionals, such as

leasing teams, property managers, architects, designers and consultants.

 Oversee leasing strategy for properties including key tenant relationships, optimal lease

structuring, optimal pricing and occupancy.

 Coordination of annual budget preparation for the managed portfolio including oversight of

property‐level budgets and preparing consolidated portfolio budgets.

 Assist with portfolio functions including: quarterly reporting, appraisal coordination, annual

business plans, and investor approval of key recommendations.

 Analysis relating to leases, capital expenditures, hold/sell analyses, and the like.

Required Background & Skills

The successful applicant will 5 – 10 years’ experience in a similar position with a real estate investment

management company.

A 4‐year degree is required (business/economics major preferred); any graduate work is a plus. The

selected candidate will have the following skills:

 Argus modeling and discounted cash flow analysis

 Extensive experience modeling real estate investments, including “waterfall” cash flows and

carried interest structures in Excel

 Capital and operating budgeting experience

 Strong writing and presentation preparation skills

 Experience and relationships in Western U.S. property markets

 Team orientation, “extra mile” work ethic, firm culture contributor/carrier

Compensation

Competitive compensation package, benefits and performance‐based incentive.

Underwriting

Asset Management

Acquisitions

BSP

Buchanan Street Partners

• 1-100 employees

Buchanan Street Partners, founded in 1999, is a real estate investment management firm headquartered in Newport Beach, California. The firm, a SEC registered investment advisor since 2002, manages commingled investment funds, institutional separate accounts and high net worth investment vehicles.

Since its inception, Buchanan Street Partners has invested in over $8 billion of real estate debt and equity investments. The firm’s investment team has invested through multiple real estate cycles, providing them with the experience to identify risk-adjusted opportunities while prioritizing principal preservation. Buchanan believes this expertise, coupled with the firm’s extensive industry reach, provides quality investment opportunities for its diverse investor client base.

Buchanan Street Partners’ success was built upon the core values of knowledge, teamwork, trust, results and leadership which they have carried forward through industry influence benefiting it’s 501(C)(3) organization Buchanan Children’s Charities, established to measurably improve the quality of life and educational opportunities for children.

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