Real Estate One - Acquisition Analyst
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Location
New York, NY
Description
Create detailed and complex financial underwriting models for the acquisition and development of real estate investments.
Perform asset-level and market-level due diligence.
Develop thorough understanding of a deal’s capital structure and business plan and key risks to performance through discussions with sponsors, market participants and investment professionals.
Understand physical characteristics of properties, and the related competitive advantages and disadvantages.
Understand and critically evaluate the existing and potential operating characteristics of a project (Revenue, expenses, capital expenditures, tenant credit, leases).
Identify a project’s demand drivers; gather market information through independent field work and direct contact with brokers, appraisers and developers. Synthesize information and draw a conclusion on future market rent, absorption, vacancy, and liquidity in the investment market.
Critically assess the execution ability of the development team for a project.
Communicate conclusions into a comprehensive narrative to be presented to senior management for consideration and approval. Participate in Underwriting and Investment Committee discussions.
Participate in and provide support for the ongoing asset management of each investment, including financings and refinancing's, major asset-level decisions and the eventual sale of each property.
Qualifications
Strong academic background including Bachelor's degree, preferably in Business/Real Estate related field.
1-3 years (Internships are Considered) of relevant Real Estate/Banking experience, including analytics, cash flow modeling, IRR/Profit projections, relative valuations, Argus modeling, structuring and valuing various infrastructure investments.
Ability to travel domestically and internationally, as required.
Strong command of MS Office software, advanced Excel and financial modeling
Experience with Quickbooks