Asset Management Analyst or Associate

Job Title: Asset Management Analyst or Associate

Job Description

GEM Realty Capital, Inc. (“GEM”) is seeking to add an Analyst or Associate (depending upon experience) to its real estate private equity asset management team.

This role will interact directly with senior members in the firm and will be part of a larger acquisitions and asset management team that works together to identify acquisition opportunities and maximize value across the firm’s portfolio. The environment at GEM is dynamic and collaborative with opportunities to travel to tour assets and conduct market-level diligence, gain experience in unique asset classes within real estate, and be exposed to other facets of the firm.

Preferred Qualifications

• Bachelor’s degree required with coursework in Finance, Real Estate, Economics or Accounting preferred.
• 1-3 years of relevant commercial real estate experience in Asset Management or Acquisitions across multiple sectors highly preferred.
• Familiar experience with financial, cash flow modelling, and Argus a plus.
• Strong oral and written communication skills
• Must be willing to live and work in Chicago, IL.
• Ability to travel to tour properties and markets.

Job Responsibilities

• Support the firm’s ongoing environmental, sustainability, and governance efforts through property level investments including assisting with new initiatives, sustainability tracking, and training of third parties.  
• Quarterly responsibilities including updating valuation information, reviewing third-party appraisals and Argus valuation models, completing Asset Management quarterly internal reports, in depth market level information, and completing external investor reports.
• Generate property or portfolio proforma and return analyses to evaluate leasing, redevelopment, disposition, refinancing, and recapitalizations opportunities.
• Lease analysis including net effective rents, proforma updates, and deal tracking.
• Review and reconcile debt, equity and construction draws for heavy capital projects, ground-up developments, or redevelopments.
• Review monthly property management reports and bring any issues to the attention of the senior asset managers.
• Interface with brokers, JV partners, attorneys, lenders, property managers, and other market participants.

Company Description

Founded in 1994 and headquartered in Chicago, GEM Realty Capital is an integrated real estate investment firm. GEM invests in private-market real estate assets through GEM Realty Properties (“GRP”) and in publicly traded real estate securities through GEM Realty Securities (“GRS”). GRP is currently investing on behalf of its seventh opportunistic investment fund, with an equity commitment target of $1 billion. GEM’s investors include pension funds, endowments, foundations, insurance companies, financial institutions, and private clients. In total, GEM has approximately $6 billion in assets under management.

Over the past 27 years, GRP has completed more than 160 private real estate transactions in a variety of property sectors and geographic markets with a total investment cost of over $8 billion. GRS invests primarily in publicly traded equity and debt securities of real estate related companies, including REITs, homebuilders, and real estate operating companies.

GEM’s private/public platform provides perspective, relationships, and real time information critical to identifying and underwriting compelling real estate investment opportunities for GRP. GEM’s senior investment professionals average nearly 30 years of real estate investment experience and together have successfully invested in real estate through several economic cycles. GEM’s investment committee sets top-down investment strategies for both GRP and GRS, drawing from its expertise in the private and public markets. As real estate and capital markets evolve, GEM develops investment themes, refines investment strategies, and executes investments to capitalize on both near and long-term trends.

GEM has a firmwide commitment to: (i) charitable giving and community impact through multiple individual and organized service opportunities; (ii) Diversity and Inclusion through active engagement to deepen our firm’s D&I capacity and maximize opportunities for growth and education and (iii) ESG through active engagement to further initiatives that strengthen our positive impact, enhance value and support GEM’s fiduciary responsibilities.

GEM values a diverse workforce and encourages all applicants to apply. Applicants will not be discriminated against because of race, color, disability, creed, gender, sexual orientation, gender identification, age, religion, national origin, citizenship, marital status, veteran status or any protected category by local, state or federal laws.