Job Description
Position : Senior Real Estate Analyst
Department : Capital Markets
Supervisor : Co-CEO & Chief Operating Officer
JOB SUMMARY :
Real Estate private equity firm with extensive holdings throughout the U.S. is seeking a highly motivated and talented Senior Analyst to join its Philadelphia investment team. The Analyst will be actively involved in acquisitions, dispositions, and asset / portfolio management, as well as investor reporting and fundraising activities. The firm’s portfolio includes office, retail, industrial and multi-family properties. The successful candidate must be detail-focused, able to interface with senior management and thrive in a team-oriented environment.
Essential Functions :
- Create and / or modify complex cash flow projections with certainty of correctness for new and existing assets using Argus and Excel
- Continually update fund models– fund models include aggregate property cash flows and contain metrics including Gross and Net IRR and Equity Multiple calculations with post-acquisition financings and use of a credit facility
- Oversee and review work completed by other capital markets analysts to ensure accuracy
- Assist in the due diligence for acquisitions and dispositions including comprehensive review of leases, property agreements, budgets, and operating statements
- Oversee and perform reporting functions :
- Management of the data repository
- Responding to investor and prospective investor data requests
- Creation of the annual investor presentations as well as the quarterly newsletters
- Support the asset management team in preparing budgets and annual property business plans
- Prepare comprehensive memorandums for presentation to the firm’s investment committee on new acquisitions and sales of existing investments
- Assist in transitioning new acquisitions to in-house property management, leasing, accounting and construction teams and work with these teams on an on-going basis to maximize the value of the firm’s investments
- Assist in the preparation of quarterly investment reports to senior management
- Keep current on market trends / dynamics where the firm has existing investments and in markets the firm is targeting
- Perform other duties as assigned
Qualifications / Requirement :
Exceptional analytical and quantitative skillsSuperior oral and written communication skills; excellent interpersonal skillsAbility to calculate complex IRRs and equity multiplesDetailed understanding of fund waterfall mechanics including GP Promote, GP catch-up, hurdle rates, etc.Ability to handle multiple, concurrent complex assignments with moderate supervisionDemonstrated progressive history of achievementHigh-energy, detail-focused individual with unquestionable integrityThorough understanding of investment fund economicsPro-active, solutions-oriented mindset with a strong focus on meeting deadlinesAbility to work independently and collaboratively and thrive in a result-oriented environmentExperience / Education :
Bachelor’s Degree in Finance, Math, Business, or Economics with an understanding of Commercial Real Estate strategiesMastery of Argus and Microsoft Office Suite2+ years of exceptional performance with a private equity real estate investment firm4+ years of financial modeling experienceVBA writing experience preferredMaster’s or MBA degree preferred