DUTIES AND RESPONSIBILITIES:
- Assist with leasing activity for assigned properties, including financial analysis of prospective leases, routine communication with leasing teams, tenant lease negotiations, credit underwriting of prospective tenants, and the submittal of required internal documentation.
- Provide support to industrial investment platform priorities by maintaining high level of knowledge of market fundamentals such as rental rates, occupancy, supply/demand, capital market trends, and transaction activity for assigned geographic areas.
- Prepare detailed financial analyses of real estate assets including, but not limited to: discounted cash flow analyses, time-weighted returns, leveraged and unleveraged IRRs, equity multiples, promote calculations, and various other investment and operational performance metrics.
- Perform property-level market valuations for assigned real estate assets each quarter. Maintain ARGUS and DCF models to support market valuations. Provide support and oversight of external appraisals.
- Prepare and coordinate the annual budgeting process for assigned properties. Assist with the review of annual CAM reconciliations. Create variance reports and cash reforecasts as required.
- Prepare, coordinate and ensure timely completion of property-level and portfolio reporting such as annual business plans, quarterly fund reports, monthly status reports, investor specific reports, and other reports as required.
- Demonstrate a high level of initiative and ownership by assisting with the timely resolution of various property-level issues.
- Contribute to the improvement of existing processes and promote the adoption of best practices as related to the above duties and responsibilities.
- Bachelor’s Degree in Economics, Real Estate, Business Finance or other related field preferred
- 1 – 3 years of commercial real estate industry work experience.
- Solid understanding of financial analysis concepts.
- High level of proficiency in Excel and Argus Enterprise.
- Advanced analytical and organizational skills are required, with the ability to multi-task
- Ability to prioritize assignments to meet numerous deadlines.
- Highly developed verbal and written communication skills
- Ability to work independently and as part of a team