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Real Estate Associate

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Palo Alto
 CA
Postal Code
94301
Country
United States

This job is no longer active.

Description


Ultra High Net Worth Family Office located in Palo Alto, CA:

Real Estate Associate a key contributor of a small team to support real estate investment and asset management efforts within the overall investment portfolio. The position offers a unique opportunity to be part of an entrepreneurial culture with a very substantial fiduciary responsibility.

Responsibilities
Primary responsibility of this role is to support the transition of the real estate investment platform from a capital allocation model (via commingled funds) toward direct investing via joint venture with high-quality sponsors. In addition to investment activities, the role will also include asset management responsibilities of the overall real estate portfolio (funds and JVs) as well as coordination of the overall investment portfolio.

Work with Director of Real Estate to implement real estate investment strategy

Analytical support of investment underwriting and due diligence:
o Create and maintain project proforma using Excel and/or Argus
o Complete in-depth market research and detailed rent & sales comp analysis o Liaise with internal and external partners to coordinate information exchange and review during due diligence Participate in preparation of Investment Committee:
o Assist with Investment Committee memo and attend meetings to gain exposure to all aspects of investment portfolio o Present data analysis with objective conclusions to support investment and asset management decisions

Real estate portfolio management support:
o Coordinate with construction consultants to monitor properties under construction and with property managers for stabilized properties & projects in lease-up
o Prepare business plan updates based on property level operational strategies
o Prepare quarterly and annual performance forecast and asset valuations
o Monitor property level liquidity and assist Operations Team on funding requests and distributions

Continuously develop and enhance knowledge of target markets:
o Build and maintain positive relationships with local brokers, sponsors, and third-party vendors o Maintain internal database of market reports and OMs
o Assist with deal sourcing and tracking industry trends Investment Portfolio support
o Collaborate with Investment Team on portfolio level reporting and analysis

Qualifications
Bachelor s degree required
1 - 2 years real estate experience with high attention to detail
Understanding of real estate product types; including multifamily and industrial
Exceptional financial and analytical skills with a data driven mindset; Excel and Argus proficiency
Ability and willingness to master a variety of technology & tools
Strong interpersonal, communication, and problem-solving skills
Ability to multi-task and work independently
Comfortable working in a small team environment with an entrepreneurial culture
Adaptable to change and demonstrate desire to strive for continuous improvements
Client service focused with unimpeachable integrity, self-awareness, respect for others, and trust to handle complex and sensitive financial, company, and personal information


This job is no longer active.

Asset / Portfolio Management Retail Palo Alto Full Time CA Asset Management, Investment Management, Research/Market Analysis Real Estate Asset Manager other