Analyst, Asset Management

Position Summary

Provide support to senior team members in financial analysis related to short and long-term strategies that may include ongoing operating performance, development or re-development scenarios, re-positioning strategies, re-leasing initiatives, and acquisition/disposition analysis.

Position Duties and Responsibilities

• Build pro forma property valuation models using Excel and Argus for all property types and varying ownership structures and business objectives; maintain and update Excel/Argus models on a quarterly basis or as otherwise necessary to monitor asset performance.
• Prepare recurring monthly and quarterly reporting for distribution to the board of directors, operations, senior management and investment partners.       
• Support the operations and accounting teams in the creation of annual business plans and quarterly reforecasting for each asset and the implementation of value-added strategies within the portfolio.
• Support the property management team in the forecasting of capital budgets / capital plans for each asset.
• Review tenant lease requests and other ad-hoc support of the leasing team.
• Monitor the financial performance of each asset relative to internal forecasts and debt requirements.
• Support the capital markets team as they evaluate debt financing/refinancing and new acquisitions. Responsibilities will include, but not be limited to, supporting sourcing, underwriting, due diligence, closing processes, and post-acquisition asset management responsibilities.
• Update processes, procedures and best practices where necessary.
• Assist the senior investment team in sourcing and evaluating new acquisitions.
• Serve as key member of the Asset Management and Capital Markets group in evaluating and analyzing a portfolio of retail, office, residential, hotel, and mixed-use assets.
• Other tasks and projects as assigned by management.
• Protect employer’s privacy and data; keep passwords safe.

Knowledge and Skills

• Must be well organized and able to multi-task with limited supervision while adhering to deadlines.
• A collegial temperament; able to work effectively in a small team and to contribute to areas beyond the direct scope of responsibility; must have a “hands-on” / “roll up your sleeves” mentality.

• Highly proficient with Microsoft Office, specifically able to model proficiently in Excel.
• Familiarity with retail and retail recovery methodologies a plus
• Ability and willingness to travel as needed.
• Able to sit or stand for long periods of time.

Qualifications

• Minimum 1-3 years asset management or acquisition experience.
• Bachelor’s degree required.
• Highly proficient in Argus and MRI/Yardi (or another property management software).