Senior Investment Analyst, Real Estate

Job Description

About Pacolet Milliken:

Pacolet Milliken ("Pacolet") is a leader in the institutional management of private investment capital. Headquartered in Greenville, SC, Pacolet is a family-owned firm that directly owns and manages a diversified, national portfolio of real estate, renewable energy, and infrastructure assets. Pacolet applies an institutional quality investment process and governance structure to the management of a permanent balance sheet, and seeks to positively impact the communities in which it operates and be a good steward of the environment from a generational perspective. Pacolet possesses in-house development/construction management, asset management, and reporting capabilities to support its investment activities.

The firm is headquartered in Greenville, South Carolina, voted America’s 4th best small city in the U.S. by Conde` Nast Traveler magazine. It is situated at the foothills of the Blue Ridge Mountains and is commonly referred to as the Upstate. Greenville is also the cultural and entertainment center for the upstate with an award-winning downtown area.

Pacolet Milliken is an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability.

Enriching our culture through Diversity, Equity, and Inclusion.

www.pacoletmilliken.com

Job Overview: 

Works collaboratively with the real estate team while participating in the full real estate ownership cycle, including the purchase of land, property development, value-add ownership of stabilized assets, and the disposition of properties in the portfolio. Performs sophisticated Excel financial modeling and possesses a strong understanding of financial and real estate concepts. Manages and prioritizes multiple tasks and deadlines. Produces top quality presentation materials using Word, Excel, and PowerPoint. Creates and track budgets, abstract leases and loan documents, reviews joint venture agreements, models complex cash flow projections and distribution waterfalls, and writes investment analysis and recommendation memos. Works flexible hours as needed to meet project deadlines and travels no more than 20% of the time to execute job responsibilities including remote work on Fridays.

To be considered, applicants need to submit a resume and cover letter. Applicants that are invited for an interview must provide a minimum of 3 references, to include at least one supervisor and one peer. At least one reference must be from the applicants most immediate previous full-time employer. 

Responsibilities and Duties:

• Assists in underwriting new investment opportunities with a primary focus on multifamily, industrial, and self-storage assets and other asset types as needed – office, retail, and land development. 
• Builds, maintains, and audits valuation models (primarily in Excel).
• Models property and partnership level returns.
• Drafts investment committee memos and PowerPoint presentations.
• Maintains acquisitions pipeline database.
• Conducts market research and creates lease comparable tables and maps.
• Produces marketing materials and presentations to prospective investors and lenders.
• Organizes and participates in due diligence efforts for transactions that are under agreement.
• Supports budgeting and business planning functions.
• Participates in monthly review of construction draw, contingency management, and operating reports for portfolio properties.
• Conducts market analysis to document and track economic conditions for current and target markets.
• Monitors performance relative to budgeting, underwriting, and historical performance.
• Maintains due diligence and deal files.
• Assists with closing activities and special projects as assigned.

Specific Skills:

• Excellent written and verbal communication skills.
• Expert level in Excel modeling and financial analysis.
• Proficiency in Microsoft Office, especially Word, Excel, and PowerPoint.
• Proven ability to produce top quality presentation materials.
• Ability to multi-task, self-direct, and prioritize.
• Strictly attentive to details and accuracy.
• Strong work ethic and drive commensurate with in-place high-caliber team.
• Strong understanding of key metrics such as DCF, IRR, NPV, NOI, cap rates, etc.

Minimum Education: Bachelor’s degree in finance, accounting, business administration, or real estate is required, MBA is preferred

Minimum Experience: 3 years of related experience in real estate or finance

Certifications & Licenses: CPA and/or CFA is preferred

Supervisory/Management Responsibilities: N/A