Real Estate Americas - Asset Management Associate

Job Description

JPMorgan Asset Management - Real Estate Americas– Asset Management Associate, Los Angeles

JPMorgan Asset Management Global Real Estate & Infrastructure is one of the world's largest real estate investment advisors with over $40 billion of real estate assets under management in North America and Europe with developing businesses in India and China.  Given its relationships, reputation, and size, JPMAM Real Estate transacts an average of $4 billion in combined acquisition and disposition activity annually.  JPMAM Real Estate is comprised of approximately 250 real estate professionals organized within key functional areas.

The Real Estate Americas business is seeking to hire an Associate for its Los Angeles-based West Coast asset management team, which currently has approximately 30 investment professionals spread across Los Angeles and San Francisco. The associate candidate will work across the investment lifecycle and handle the oversight and execution of the business plan on a variety of product types and risk strategies across numerous investment vehicles. The initial portfolio is likely comprised of 12 to 15 assets spanning multi-family, industrial, and potentially office and/or retail. The associate will be involved in all aspects of the investment process including assistance with underwriting and due diligence on new acquisitions, financing, leasing, budgeting, reporting, development and dispositions. This role requires 5+ years of investment experience with a particular emphasis on multi-family and industrial assets. The role will afford the candidate an opportunity to oversee assets across numerous west coast markets within California, Oregon, and Washington.

Responsibilities

• Oversee a diverse portfolio of multi-family and commercial investments spanning multiple risk and client profiles
• Develop and/or review pro forma cash flows using Argus and Excel
• Create and utilize financial models and DCF analyses for investment valuation and strategic decision making
• Participate in property visits and market tours and lead partner/manager calls
• Develop strong relationships with partners, property managers, brokers, and industry peers
• Create and execute upon property level business plans and capital budgets
• Assemble presentation materials such as investment committee memos, business plans, asset strategy reports, hold/sell analyses, and lease analysis
• Oversee internal and external property valuations/appraisals
• Assist with acquisition opportunities and due diligence
• Handle property dispositions, recapitalizations, and other transaction types
• Work alongside Development and Engineering Group in the oversight of ground-up construction and redevelopment opportunities 

Qualifications and Essential Skills

• Team player and exceptional relationship builder
• Highly motivated and a self-starter
• Excellent quantitative and analytical skills
• Superior writing and verbal communication skills
• Strong presentation skills
• Ability to multi-task and work in a dynamic environment
• Attention to detail
• Ability to think strategically and work independently
• Compelling presentation skills in formal and informal settings
• Proficient with Argus and the Microsoft Office Suite

Experience

Candidate should possess a minimum of 5 years of experience in real estate asset management/acquisitions with direct experience working across multi-family and industrial assets (among other preferred product types). 

Education

Bachelor’s degree required

Travel

The candidate should be prepared to travel

About Us

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

Equal Opportunity Employer/Disability/Veterans