Real Estate Associate - Portfolio and Asset Management

Job Description

Company: A prominent real estate investment firm focused on value-add urban office, retail and mixed-use investments throughout the US. As an institutional property buyer, we have recently acquired more than $1B of AUM in the retail, office and mixed-use market totaling over 2M SF.

As a Real Estate Associate specializing in Portfolio and Asset Management, you will play a pivotal role in maximizing the value of our real estate investments. This position requires a blend of analytical prowess, strategic thinking, and strong communication skills to effectively manage and optimize our real estate portfolio.

RESPONSIBILITIES:

• Portfolio Analysis: Conduct thorough analysis of the real estate portfolio, including financial performance, market trends, and asset-level data.
• Asset Management: Oversee the operations of assigned properties, ensuring optimal performance in terms of occupancy, leasing, and financial metrics.
• Strategic Planning: Develop and implement strategic plans for portfolio optimization, including disposition strategies, capital improvements, and repositioning initiatives.
• Financial Modeling: Create detailed financial models to evaluate investment opportunities, assess risk, and forecast performance metrics such as cash flow, IRR, and NPV.
• Market Research: Stay abreast of market trends, competitor activity, and economic indicators to inform investment decisions and portfolio strategy.
• Stakeholder Communication: Communicate regularly with internal stakeholders, investors, and external partners to provide updates on portfolio performance, investment opportunities, and market insights.
• Due Diligence: Participate in due diligence efforts for potential dispositions, including reviewing financial documents, conducting property inspections, and assessing market viability.
• Risk Management: Identify and mitigate risks associated with the portfolio, proactively addressing issues related to market conditions, regulatory compliance, and operational challenges.
• Reporting and Analysis: Prepare comprehensive reports and presentations to communicate portfolio performance, investment strategy, and recommendations to senior management and investors.
• Relationship Management: Cultivate strong relationships with property managers, leasing agents, brokers, and other key stakeholders to drive operational efficiency and maximize value.

Qualifications

• Bachelor's degree in Real Estate, Finance, Business Administration, or a related field.
• 2+ years of experience in real estate investment, asset management, or related field.
• Strong analytical skills with proficiency in financial modeling and valuation techniques.
• Excellent communication and presentation skills, with the ability to convey complex ideas clearly and effectively.
• Detail-oriented with a high level of accuracy in data analysis and reporting.
• Knowledge of real estate markets and investment principles.
• Proven ability to work both independently and collaboratively in a fast-paced, dynamic environment.
• Proficiency in Microsoft Excel, PowerPoint, and Argus.

Benefits:

• Competitive salary and performance-based incentives
• Health, dental, and vision insurance
• Professional development opportunities
• Paid time off and flexible work arrangements

Join our team and contribute to the success of our real estate investment strategy as a valued member of our Portfolio and Asset Management team.