Our client, a well known residential, commercial and retail property business for over 50 years is looking to fill the following role of Analyst-Asset Manager and Acquisitions
Washington, DC
Responsibilities
ASSET MANAGEMENT AND LEASING
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For each office asset, prepares and distributes annual business plans, which includes a property summary and updated ARGUS financial model. The leasing parameters within the analyses shall be set collaboratively with the Vice President.
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For each investment, tracks investment historical and projected performance.
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Prepares portfolio of analysis of line by line operating expenses - highlights potential cost saving opportunities.
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Track gross sales for retail and parking clients, distribute report quarterly.
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Upon execution of LOI, instructs Outside Counsel on preparation of lease documents; Confirm agreed upon economic terms are incorporated and pro-rata share calculations are correct.
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Maintains lease execution tracking for DC assets and prepares quarterly reports.
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Monitors VTS, and ensures broker inputs for NER calculations are correct and updated.
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Monitors third party listing of available spaces (CoStar) to confirm accuracy, consistency and completeness of all availabilities.
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Tracks advertising and space prep budgets for each asset in the DC portfolio.
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Monitors garage income and expenses including comparative analyses across locations and identifies opportunities for revenue enhancements and cost savings.
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Continually researches submarket and micro-market competitive sets.
ACQUISITIONS
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Reviews and completes NDAs or CAs on potential acquisitions.
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Reviews and modifies ARGUS pro formas, verifies assumptions with the Vice President.
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Reviews other pre-contract due diligence items as appropriate.
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Researches submarket and micro market competitive sets.
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Upon deal award, participates in due diligence including review of leases, contracts and capital improvements.
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Works with Property Management, Lease Administration and Accounting Departments to ensure seamless onboarding of all acquisitions.
Qualifications
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Bachelor s degree in real estate, finance, or related field of study, MBA or Master s degree preferred
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Detail oriented
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Self-motivated, and able to manage deadlines independently
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Efficient with time management
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Efficient with multitasking
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Desire to learn
COMPUYTER SOFTWARE PROFICIENCY:
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Microsoft Office (including Word, Excel, etc.)
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Adobe Acrobat
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PowerPoint
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ARGUS
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Knowledge of MRI, is a plus but is not required
Program / Center Affiliation
Job Type
Full-Time