Associate, Asset Management

CLIENT: Our client is a real estate investment company focused on the life science industry.

ROLE: Our client is looking for an experienced real estate professional to join their team as an Associate, Asset Management.  As a member of the Asset Management team, the candidate will contribute to a management efforts for our client’s growing portfolio while working closely with the following teams: Acquisitions, Portfolio Management, Debt Capital Markets, Development, Design and Construction, Legal, Marketing, and Client Experience. The Associate will principally focus on asset value creation, property reporting, and financial analysis, and will guide property strategic decisions, interaction with joint venture partners and limited partners, budgeting, and business plan execution for the firm’s real estate investments.

LOCATION: Boston, NYC or LA

RESPONSIBILITIES:

• Prepare Investment Committee memos as well as quarterly and annual reporting evaluating asset performance
• Produce strategic business plans and work with property management team to produce annual budgets and future cashflow projections for portfolio assets
• Maintain detailed and dynamic financial models and cash flows in Excel and Argus for existing portfolio assets to support operational decisions
• Track commitments to lenders and capital partners
• Manage and review the property budgeting process including capital needs, valuations, and periodic appraisals
• Conduct lease analyses and assist with the lease negotiation process for prospective tenants
• Review and monitor governing documents, including partnership agreements, loan agreements, leases, or other legal documents
• Provide portfolio management support including project level communication with LPs
• Review due diligence documentation as part of transaction due diligence and transition process
• Become part of a collaborative and multi-functional team

 

QUALIFICATIONS:

• 2+ years of experience in an analytically based real estate investment banking or institutional private equity role, ideally in Class A commercial product
• Advanced Excel underwriting and experience using ARGUS Enterprise
• Strong creative, methodical problem-solving skills
• Strong written and oral communication skills, ability to articulate complex concepts in clear concise and professional manner
• Self-motivation with the ability to work effectively in a dynamic entrepreneurial environment
• Unwavering attention to detail and organization; dedicated to excellence in work product and delivery
• Ability to work effectively with both peers and senior management in a highly entrepreneurial, team-oriented environment
• Passion for working in the life science field, and how real estate supports mission critical facilities

COMPENSATION: The total compensation range for this role is $160,000-$210,000 annually. This role is eligible for our client’s comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time employees.