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Portfolio Management Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
New York
 NY
Postal Code
10176
Country
United States

This job is no longer active.

Description


Jonathan Rose Companies is one of the country’s leading developers and investors in sustainable, affordable, and mixed-income multifamily real estate. The company’s mission is to strengthen communities of opportunity by developing innovative real estate solutions that build value, enhance resilience, and cultivate well-being. The Associate will be working with the Portfolio Manager to analyze, value, forecast, and strategize for all real estate private equity funds owned by Jonathan Rose Companies. The position requires interactions with other departments within the company such as Asset Management, Acquisitions, Development, Property Management, and Accounting.

The Portfolio Management Associate will be primarily responsible for managing all real estate funds owned by Jonathan Rose Companies.

Primary Responsibilities Include:

Fund Management

  • Perform fund level cash flow projections and strategize ways to improve the returns to investors.
  • Perform portfolio analysis and valuations for funds and underlying properties through communication with asset management, acquisition, and accounting team to ensure the completeness and accuracy of the valuations.
  • Communicate with brokers, appraisers, property managers, owners, consultants, auditors, government/regulatory agencies as necessary to inform and validate accurate property valuation.
  • Act as a liaison between different departments and understands how the returns of each deal affects the returns at the Fund level through understanding of the Fund structure and waterfalls calculation.
  • Communicate with the Acquisitions team to understand what deals are in the pipeline to understand future cash needs for the Fund and update the Fund’s projections to include newly acquired deals.
  • Assist Portfolio Manager with ad hoc assignments as needed.

Asset Management

  • Analyze and identify assets that are potential candidates for refinance or dispositions. Present to investment committee to obtain approval.
  • Assist in preparing initial asset level and fund level business plans, including documentation of strategy and forecast of financial performance. Work closely with Asset Managers to update asset level business plans annually and reforecast returns. Associate is expected to assist, review, and communicate with asset management the results of the analysis and identify key areas of concern where applicable.
  • Travel is required up to 10% of the time. 

Investor Relations / Fund Raising

  • Work closely with Portfolio Manager, Investor Relations and the CFO during the capital raising process for our next affordable housing fund.
  • Assist Investor Relations with investor's request.
  • Work with the Asset Management and Investor Relations team during the quarterly reporting process and annual investor meetings.
 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

Finance / Investment New York Full Time NY Finance, Financial Analysis, Investment Management Experienced Analyst, Real Estate Investments other