Job Location : New York,NY, USA
We are seeking an Associate to join one of the largest Real Estate Investment Management firms, based in NYC.
This team seeks to maximize asset value in each of our assets through leasing, redevelopment of existing multifamily or in some cases through the addition of mixed-use components. They are principally responsible for overseeing the work of real estate managers and operating teams in the execution of portfolio company business plans. Strategic decision-making – such as financing, capital investments, development / redevelopment, hold-sell, key leasing decisions, etc. – are the purview of portfolio managers. Collaboration with leasing, development, finance, tax, compliance, legal etc. is required to monitor our investments and ensure our business plan and strategy objectives are being met.
The new Associate will support our team on the North American Housing business in the role described below.
Key Accountabilities
Participate in the oversight of strategic business plan execution for multifamily investments in the US
Ongoing and ad-hoc financial analysis in support of making value-maximizing capital decisions across the multifamily portfolio (i.e. capital, development, redevelopment, leasing, hold-sell, financing)
Liaise with real estate management and operating teams to monitor our investments and ensure strategic goals are being met; these include asset management, leasing, development, finance, tax, compliance, legal and business operations (ESG, innovation, health & safety and security)
Create, maintain and improve highly functional and detailed investment models and valuation models
Think strategically about investment performances, including monitoring, updating, and explaining asset performances. Respond to emerging trends in operating results and identify opportunities for value-add opportunities
Lead necessary research to support business plans and decision making
Candidate Profile
Bachelor's degree in finance, business, real estate or related area
3-6 years of experience in investment banking, M&A, real estate investing, and/or private equity