Associate

Job Description

COMPANY BACKGROUND:

Longpoint is a real estate private equity firm headquartered in Boston, MA. The Firm focuses on maximizing risk adjusted returns by employing a fundamental value strategy to real estate investing. The firm seeks to create value at the asset level through physical repositioning and development of industrial warehouses and neighborhood shopping centers in primary US markets.

JOB SUMMARY:

Longpoint is seeking an Associate to support the Acquisition team. The Associate will have the opportunity to assist in all aspects of the real estate investment and acquisition processes. The Associate will be responsible for evaluating potential investment opportunities including modeling cash flows, assessing markets and the competitive landscape, conducting due diligence activities, analyzing investment returns, creating investment committee memos, and otherwise assisting in the communication of real estate acquisition, asset management, and disposition strategy. We are looking for an intelligent, conscientious, hardworking individual who thrives in a dynamic environment.

ESSENTIAL FUNCTIONS:

• Prepare detailed projections of net operating income and cash flow utilizing financial modeling software (Excel and/or ARGUS)
• Preparation and presentation of investment committee memos that are submitted to the Investment Committee for approval of potential investments;
• Conduct due diligence on various assets for potential acquisitions;
• Perform competitive and demographic research to assess real estate trends in prospective markets and identify investment prospects;
• Analyze and summarize leases, contracts, terms sheets, and other agreements necessary in real estate transactions;
• Assist in analysis and writing for the firm’s research team projects
• Conduct market research and analysis to provide a basis for assumptions used in financial modeling. Interacts with property management, consultants, brokers, and other market participants to both gather and verify research, assumptions, and conclusions;

EDUCATION AND EXPERIENCE:

- BA/BS degree from top tier institution with strong academic record;
- 3-5 years of relevant work experience in finance or real estate;
- Strong financial/analytical and problem-solving skills with proven capabilities in financial modeling;
- Proficiency across entire Microsoft Office Suite (EXCEL, Word, PowerPoint, Outlook);
- ARGUS modeling experience highly desirable;
- Proactive self‐starter with strong work‐ethic who is not afraid to ask questions;
- Excellent written and verbal communication skills;
- A desire to work within a diverse, collaborative, team‐based environment;
- Excellent organizational and interpersonal skills;
- Exhibits broad intellectual curiosity.