Associate Director of Capital Markets

Real Estate private equity firm headquartered in Philadelphia with investments throughout the U.S. is seeking a highly motivated and talented Associate Director of Capital Markets to join its 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 an entrepreneurial, results-oriented environment.

Specific Responsibilities:

• Create and/or modify complex cash flow projections with a certainty of correctness for new and existing assets using Argus and Excel
• Continually update fund models– 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 a 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 memoranda 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 on market trends / dynamics where the firm has existing investments and in markets the firm is targeting

Qualifications/Requirements:

• Exceptional analytical and quantitative skills
• Superior oral and written communication skills; excellent interpersonal skills
• 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
• Demonstrated progressive history of achievement
• High-energy, detail-focused individual with unquestionable integrity
• Thorough understanding of investment fund economics
• Proactive, 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 Microsoft Office Suite
• 2+ years of exceptional performance with a private equity real estate investment firm
• 4+ years of financial modeling experience

• VBA writing experience preferred
• Master’s or MBA degree preferred

Benefits

• Medical Insurance – PPO Plan
• Dental & Vision Insurance
• Company-paid Life Insurance / Accidental Death Dismemberment
• Long Term Disability
• PTO
• 401k (Roth and pre-tax options) with company match