Description
CBRE Global Investors is a global real asset investment management firm with over $100 billion in assets under management. CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). The firm sponsors real asset investment programs across the risk/return spectrum in the Americas, Europe and Asia for investors worldwide including public and private pension funds, insurance companies, sovereign wealth funds, foundations, endowments and private individuals. Programs include a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies delivered through separate accounts and commingled funds.
JOB DESCRIPTION:
CBRE Global Investors seeks a Multifamily Asset Management Associate for growing Multi- Family real estate portfolio, based in our Boston office.
RESPONSIBILITIES:
- Participate in weekly calls with management and follow up on property-specific issues & deadlines as needed.
- Insurance claims management - follow up for liability claims, coordinate with management to provide necessary documentation
- Site visits / inspections
- Taxes - helping provide property/financial information to tax consultants and reviewing tax valuations; ensuring tax invoices are approved and provided to management for timely payment
- Budget / business plan review & comparison to current operations & proforma
- Develop property strategy to optimize net operating income
- Capital projects - review bids for capital improvements, track status/deadlines for lender repairs, gather necessary documentation for release of lender-escrows and insurance proceeds
- Due diligence during acquisition - on-site due diligence with property management and third-parties; review of market and proforma projections
- Dispositions - working with brokers and management to insure due diligence documents are available, track sales process
- Completes asset management sections of reporting requirements with accounting and analyst.
- Assists with quarterly property valuations and assists with appraisal reviews
- Revenue Management Programs (YieldStar) - work with management companies to implement programs and calibrate on-going rental rate recommendations
- Inspired LifeStyle Program - work with management companies to review marketing programs and implement customer service program
- Respond to client and internal requests for information
EDUCATION/EXPERIENCE:
- 4+ Years Multifamily Real Estate experience preferred
- Yardi and pricing software experience preferred
- Bachelor's Degree (industry certificates, designations and licenses a plus)
- High level of proficiency in MS Office (Excel, Word and PowerPoint)
- Ability to create complex spreadsheets and financial analyses
- Strong organizational skills
- Strong research, analytical and problem-solving skills
- Strong written and verbal communication skills
- Ability to develop strong market knowledge of each asset and future developments
- Demonstrates initiative, leadership, team building skills and ability to meet deadlines
- Highly organized with ability to manage multiple tasks in a dynamic team environment
Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans
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