Atlanta, GA
Salary Estimate: $115,000.00 - $150,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: 4 Year College
Job Description
Our client is the U.S. subsidiary of one of the world’s largest diversified corporations. The parent company manages $72B in assets, with its Americas division representing its second-largest business unit at approximately $8.6B. The U.S. Commercial Real Estate platform is expanding and has deployed $450M of balance sheet equity across multiple development projects, including multifamily, industrial, and long-term master-planned communities.
Although the parent organization brings more than 40 years of U.S. real estate experience, this subsidiary was formally established in 2023 and is headquartered in Atlanta. The platform focuses on developing multifamily communities, master-planned residential projects, industrial warehouse and logistics facilities, and other select strategic opportunities.
Position Overview:
The Real Estate Investment Associate/Senior Associate will support the Residential Vice President by performing detailed investment analysis and underwriting for potential JV investments into new multifamily developments as well as asset management duties for the current portfolio. This position will also work closely with the Executive Vice President – Head of Residential.
Responsibilities:
The position will feature specific responsibilities associated with the following broad activities:
Perform detailed investment analysis and underwriting for new development opportunities
- Responsible for reviewing offering materials from potential development partners and creating financial pro forma models.
- Complete thorough due diligence checklist and prepare Investment Committee presentation materials.
- Review Joint Venture Agreements, Construction Loan Agreements, and Construction contracts along with our Legal Dept.
- Gather, monitor, and evaluate multifamily apartment and single-family housing market conditions in the U.S. and the markets we operate.
- Responsible for managing, maintaining, and continuously improving financial models and databases used in the analysis and planning process.
- Review construction draw requests and monitor construction progress.
- Evaluate monthly operating statements and financial statements and variances provided by third party property management firms.
- Participate in regular leasing calls with on-site and regional property management teams.
- Analyze annual property budgets and assist in preparing our internal annual budget.
- Monitor our internal accounting monthly reporting and assist with audits as needed.
- Collaborate with team to maintain relationships with developers, potential JV partners, brokers, owners, investment banks, lenders, consultants, investors, property managers, etc.
- Promote a positive attitude and working environment among all fellow employees
- The ideal candidate for this role will have significant recent experience in real estate investment analysis, asset management, and development.
- Possess a strong analytical skill set and have demonstrated experience performing investment analysis and participating in making investments.
- Minimum 3 years of extensive knowledge of the multifamily apartment development business or 3-7 years in the real estate investment industry.
- Advanced Microsoft applications experience (Excel, Word, PowerPoint, etc.).
- Excellent interpersonal skills.
- •Excellent communication skills.
- Committed and consummate team player.
- Strong organization skills.
- In office expectation.
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