Elmsford, NY
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Part Remote
Experience Required: 1+ to 2 years
Education Required: 4 Year College
Job Description
Do you want to be intimately involved with multi-million dollar transactions? Do you want the opportunity to work with one of the fastest-growing companies in real estate? Do you want a seat at the table with senior decision-makers? Then come and grow with us at DLC!
Why DLC:
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC our teammates make all the difference, and we offer industry-leading training and career development to assure your success.
About the Role:
We are seeking an Analyst for our Capital Markets team because we are growing with a new equity partnership! This role will be actively involved with many facets of the acquisitions process in DLC’s growing retail CRE portfolio, including:
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Assisting the Acquisitions team in underwriting and modeling cash flow projections for new acquisitions, dispositions, recapitalizations, and refinancings utilizing Argus and Microsoft Excel
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Performing financial analyses including discounted cash flows, sensitivities, investment returns, joint-venture waterfalls, and ongoing portfolio management
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Supporting senior management with all analytical and transactional aspects of an acquisition including underwriting, due diligence, market research, financing, and closing
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Tracking of US retail markets to formulate market leasing assumptions and appropriate cap rates from comparable sales and market data
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Assisting in the drafting and preparation of detailed investment memoranda
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Assisting with the review of legal-related documents including leases, loan documents, management agreements, franchise agreements, etc.
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Management and tracking of the investment pipeline
What We Offer:
- Compensation and Benefits:
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- Competitive pay
- Profit sharing opportunities
- 401K company match
- Medical, Dental, and Vision Insurance
- HSA
- Work-Life Balance:
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- Hybrid work model
- 20+ paid days off annually
- 13+ paid holidays in addition to PTO
- Paid parental leave
- Career Development:
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- Industry-leading training and development
- Open door policy
- Industry trade shows and event access
- Mentorship program
Our Ideal Candidate Has:
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Bachelor's degree
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1-3 years of experience in finance, real estate, or accounting or with similar real estate underwriting skills
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High proficiency in Microsoft Excel, PowerPoint. Argus experience - a plus!
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Basic understanding of real estate valuation methodologies including internal rates of return (IRR) and discounted cash flow analysis
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Strong analytical skills and reasoning abilities
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Willingness to take initiative and complete projects independently in a timely fashion without excessive oversight
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Strong interest in real estate and a willingness to learn
The expected salary range for this position is between $65,000 and $75,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
About DLC:
DLC has grown to be one of the nation’s largest and most sought-after privately held owners, operators and managers of open-air retail shopping centers. DLC has expertise in acquisitions, capital markets, development, redevelopment, architecture, leasing, and management. Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.
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