Description
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
• Work closely with asset managers to maximize the total return for each asset through the analysis of property fundamentals and identifying opportunities for improved performance.
• Participate in the drafting and implementation of strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.
• Work closely with property management, brokers, consultants and attorneys to provide direction for and oversight of business plans, budgets, forecasts, leases, analysis and approvals.
• Create, audit, and maintain Argus and Excel-based asset management models for each asset from acquisition through disposition.
• Prepare hold/sell analyses.
• Participate in the creation of monthly, quarterly, and annual reporting for clients and senior management.
• Manage property-level cash, project and recommend appropriate property-level contributions and distributions.
• Evaluate the local markets to identify changes and trends and the related impact on real estate values and investment strategies.
• Participate in the disposition process and assist with due diligence thru closing.
EDUCATION and/or EXPERIENCE
• BA/BS degree in Finance, Real Estate or related field with strong record of academic achievement; graduate degree a plus.
• 1-4 years of commercial real estate, financial analysis or asset management experience. Title based on experienced level.
• Strong financial modeling skills. Knowledge of real estate accounting and financial statement analysis.
• Exceptional analytical skills.
• Advanced knowledge of MS Windows, Excel, and Word. Proficiency in ARGUS software preferred.
• Must be highly organized, able to prioritize multiple concurrent projects and be able to independently identify and solve key business problems.
• Exceptional written and verbal communication skills and a high level of attention to detail and accuracy.
• Understanding of the private equity business model and real estate industry, with a demonstrated interest in a career in real estate.
DivcoWest is an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
About DivcoWest
About DivcoWest
DivcoWest is a vertically-integrated operator, owner, developer and real estate partner
to the innovation economy. DivcoWest has corporate offices in San Francisco, Los
Angeles, Boston, Washington, DC and New York as well as numerous property
management locations across the United States. Since its inception, DivcoWest and its
predecessor have acquired more than 45 million square feet of commercial space -
primarily throughout the United States. DivcoWest has a longstanding history of
investing primarily in properties that serve the innovation markets of the economy,
seeking to capitalize on DivcoWest’s extensive network of relationships within the
markets for which the company has served over the last 25+ years. DivcoWest’s real
estate portfolio currently includes existing and development properties consisting of
office, R&D, lab, industrial, retail and multifamily.
DivcoWest prides itself on its progressive attitude towards technology and innovation. It
not only serves as a landlord to technology tenants, but is also a strong proponent of
proptech and has incorporated cutting edge technology in all aspects of its business.
DivcoWest is also an investor in various real estate related technology ventures.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Job Function
Not specified
Job Sector
Not specified
Experience
2+ to 5 years
This job is no longer active.