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Associate Private Real Estate

Associate Private Real Estate

CenterSquare Investment Management LLCNewport Beach, CA, United States
21 days ago
Job type
  • Full-time
Job description

Job Title : Private Real Estate Associate

Company Overview :

CenterSquare is a global investment manager focused on actively managed real estate strategies. CenterSquare's management team holds an average of 30+ years of experience, with expertise across real assets and the liquidity spectrum. Our growing suite of real estate strategies includes core plus, value-add and niche private equity real estate, core-plus and high-yield private real estate debt, and a broad spectrum of listed real estate strategies.

CenterSquare is proudly management-owned and employs approximately 90 professionals across its headquarters in Philadelphia and affiliate offices in Los Angeles, New York, London and Singapore. As of December 2024, CenterSquare manages approximately $15 billion in assets on behalf of some of the world's most well-known institutional and private investors.

Job Overview :

The Private Real Estate Associate is responsible for providing support to the Private Real Estate Group in acquiring, financing, asset managing and disposing of direct and joint venture real estate investments. They will assist in the sourcing of new direct investment and joint venture partners opportunities, as well as fostering and growing relationships with, and providing direction to and function as a contact for existing fund and joint venture relationships. The position is based in CenterSquare's Orange County office.

Roles & Responsibilities :

  • Source and identify direct and joint venture investment opportunities, which meet the Company's investment parameters on a risk-adjusted basis.
  • Assist in the generation and negotiation of offers for both direct and joint venture investment opportunities.
  • Establish and maintain relationships with new brokers and joint venture partners, who meet the Company's criteria and facilitate the flow of a consistent pipeline of suitable investment opportunities.
  • Create and maintain detailed financial models utilizing Excel and Argus and incorporate various scenarios, sensitivity analysis, waterfalls, etc.
  • Coordinate and assist with the due diligence and closing of properties, including the analysis and review of market data, financial statements, conducting site inspections and reviewing 3rd party reports.
  • Assist in the preparation of presentations and materials for submission to senior management, investors, lenders and other stakeholders.
  • Support asset management activities including developing budgets, business plans, valuations, hold / sell analyses, financing / refinancing and disposition strategies.
  • Formulate recommendations and action plans for investments based on financial analysis, research and data collection at the property, market and broader macro levels.
  • Stay current on developments and trends in the economy and real estate industry and incorporate the most up-to-date information into analyses.
  • Attend select seminars and conferences related to real estate.
  • Provide company management with information regarding current market conditions, including supply, demand and competitor activity.
  • Contribute to the development and / or modification of Company macro investment strategies.
  • Undertake special projects with groups or independently.
  • Manage and mentor analysts.

Qualifications :

  • Bachelor's degree, preferably in real estate, finance or accounting
  • Three or more years of real estate acquisition and / or asset management work experience
  • Understanding of real estate and capital markets
  • Exceptional quantitative underwriting skills; Argus experience required
  • Strong interpersonal, verbal, and written communication skills
  • Motivated, self starter able to work independently
  • Ability to work within a small team environment
  • Willingness and ability to travel on overnight (up to 5 consecutive nights) trips
  • We are an equal opportunity employer and value diversity at our firm. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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    Real Estate Associate • Newport Beach, CA, United States