Analyst - DC Asset Management and Acquisitions

TF Cornerstone is a well known residential, commercial and retail property business for over 50 years and is looking to fill the following role of ANALYST – DC ASSET MANAGEMENT AND ACQUISITIONS

Company
TF Cornerstone
Washington, DC
Responsibilities

ASSET MANAGEMENT AND LEASING
 

  • 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.

  • For each investment, tracks investment historical and projected performance.

  • Prepares portfolio of analysis of line by line operating expenses - highlights potential cost saving opportunities.

  • Track gross sales for retail and parking clients, distribute report quarterly.

  • 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.

  • Maintains lease execution tracking for DC assets and prepares quarterly reports.

  • Monitors VTS, and ensures broker inputs for NER calculations are correct and updated.

  • Monitors third party listing of available spaces (CoStar) to confirm accuracy, consistency and completeness of all availabilities.

  • Tracks advertising and space prep budgets for each asset in the DC portfolio.

  • Monitors garage income and expenses including comparative analyses across locations and identifies opportunities for revenue enhancements and cost savings.

  • Continually researches submarket and micro-market competitive sets. 


ACQUISITIONS
 

  • Reviews and completes NDAs or CAs on potential acquisitions.

  • Reviews and modifies ARGUS pro formas, verifies assumptions with the Vice President.

  • Reviews other pre-contract due diligence items as appropriate.

  • Researches submarket and micro market competitive sets.

  • Upon deal award, participates in due diligence including review of leases, contracts and capital improvements. 

  • Works with Property Management, Lease Administration and Accounting Departments to ensure seamless onboarding of all acquisitions.

Qualifications
  • Bachelor’s degree in real estate, finance, or related field of study, MBA or Master’s degree preferred

  • Detail oriented

  • Self-motivated, and able to manage deadlines independently

  • Efficient with time management

  • Efficient with multitasking

  • Desire to learn  


COMPUTER SOFTWARE PROFICIENCY:

 

  • Microsoft Office (including Word, Excel, etc.)

  • Adobe Acrobat

  • PowerPoint

  • ARGUS

  • Knowledge of MRI, is a plus but is not required

Instructions

Apply at this link:

https://www.selectleaders.com/job/159389/asset-management-analyst/

Do not contact the company directly.

 

Program / Center Affiliation
Job Type
Full-Time