Analyst, Investments - Private Equity Real Estate

Job Description

Sterling Organization is a vertically integrated private equity real estate investment firm whose national platform is focused on investing in consumer-centric real estate assets that serve the LAST HOUR(TM) function within the retail supply chain. Such includes investments in brick-and-mortar retail properties (both value-add and core/stabilized) and true last-mile logistics facilities and micro-fulfillment centers, all in major metros throughout the United States. We encourage interested candidates to explore our website to learn more about Sterling and its investment strategies.

Sterling Organization is currently seeking a Private Equity – Real Estate Investments Analyst that will focus primarily on the firm’s retail funds and will be based at its corporate headquarters located in West Palm Beach, FL. Amongst other acquisition and investment initiatives, this position will largely focus on (i) evaluating and underwriting potential acquisitions for Sterling’s value-add retail and grocery-anchored retail funds, and (ii) performing due diligence and assisting with deal execution for the steady flow of acquisitions consummated by Sterling’s fully committed and fully discretionary investment vehicles.

Over their first 2 – 4 years, Real Estate Investments Analysts will gain significant exposure to the underwriting of, and investment in various types of retail real estate assets (i.e. high street retail, grocery anchored shopping centers, power centers, mixed-use properties and more) throughout the United States, with high-potential employees having the ability to ascend from the analyst program to leadership roles within the organization.

RESPONSIBILITIES:

Prepare financial models and cash flow forecasts with IRR and equity multiple sensitivities
Perform rigorous due diligence on awarded deals to ensure Sterling has an all-encompassing understanding of the asset and associated risks prior to closing on a transaction
Project acquisition performance and produce both quantitative and qualitative reports that help investors understand financial risks and key return metrics
Effectively communicate with real estate brokers and corporate counterparties as part of active and prospective transactions
Assist with the preparation of Investment Committee memoranda and other materials
Organize and maintain a pipeline of acquisition targets being evaluated by the firm
Develop an in-depth understanding of retail leases; analyze the same with regards to tenant control rights, expense reimbursements, percentage rent obligations, co-tenancy impacts, etc.
Work closely with key company personnel in financing and disposition transactions
Perform ad-hoc reports and special projects as needed

REQUIREMENTS:

College graduate with strong record of academic achievement and knowledge of commercial real estate
1-3 years of prior experience working in commercial real estate, finance or private equity preferred
Candidate should be highly proficient in Microsoft Excel/Word and experienced with other standard business software (ARGUS knowledge is preferred but not required)
Candidate should be highly organized, have exceptional written and oral communication skills and should be able to take on multiple projects simultaneously in a fast-paced environment

COMPENSATION: Compensation commensurate with experience. Full benefits including health and dental insurance, 401K and annual performance bonus.