Real Estate Sr. Analyst - Multifamily Acquisitions

Job Description

COMPANY OVERVIEW:

Lightstone, founded by David Lichtenstein, is one of the largest and most diversified privately held real estate companies in the United States. Lightstone is active in 25 states across the country, developing, managing and investing in all sectors of the real estate market, including residential, hospitality, commercial, and retail. With 166 existing properties, Lightstone’s over $6.5 billion portfolio currently includes over 4 million square feet of office, retail and industrial commercial properties, over 23,000 residential units, and over 4,300 hotel keys. Lightstone also owns over 10,000 land lots across the country.

Headquartered in New York City, Lightstone continues to grow its development portfolio with over $3.5 billion currently under development in the residential and hospitality sectors spread across New York City, Los Angeles, and Miami.

POSITION OVERVIEW:

The Multifamily Acquisitions Sr. Analyst will report into the Vice President and Senior Vice President of Investments.  He/she will play a critical role within the acquisitions group to underwrite and support the execution of national multifamily equity investments. The ideal candidate is highly motivated with strong analytical skills. He/she must have 2-3 years of relevant equity, debt or brokerage experience in national multifamily transactions.

ESSENTIAL FUNCTIONS:

Develop financial models in Excel, including complex waterfall structures

Provide analytical support to senior acquisitions professionals

Participate in the initial screening of investments to determine fit with the Company’s investment objectives

Perform and coordinate due diligence on new investments including communication with third parties (brokers, lenders, consultants, etc.)

Draft investment memorandums

Research market data and demographics, including sales and rent comps

Prepare internal and external presentations and marketing materials for debt/capital markets initiatives

Assist acquisition and asset management teams with recurring decision making pre and post-closing

Prepare and update financial summaries of deals pre and post-closing

Travel on an as needed basis

QUALIFICATIONS/COMPETENCIES:

Bachelor’s Degree in Real Estate, Finance, or Accounting with demonstrated academic excellence

Advanced Degree in Real Estate, Finance or Accounting a plus

1-3 years of relevant real estate investment or investment banking experience

Strong analytical and quantitative skills, including advanced modeling and financial analysis

Excellent working knowledge of Microsoft Office suite, with an expertise in Excel

Ability to thrive in an environment that is highly entrepreneurial, both strategic and creative, which requires rapid learning, multitasking and prioritizing under tight deadlines

Superior verbal, written communications and presentation skills

Strong process management skills

Capacity to work effectively in a highly entrepreneurial environment, taking initiative, anticipating requests and “managing up”

Demonstrated ability to identify errors, problems, opportunities and effectively problem solve