This position is responsible for supporting Managing Director of Asset Management for all aspects related to the financial, operational, and implementation oversight of comprehensive value-add transactions for the AREP portfolio.
Company
American Real Estate Partners
McLean, VA
Responsibilities
- Responsible for supporting Managing Director of Asset Management for all aspects related to the financial, operational, and implementation oversight of comprehensive value-add transactions for the portfolio
- Provide valued analytical research, information and opinion to the Principal & COO
- Perform complex financial analysis modeling for assets within the manager’s portfolio
- Build, maintain, and update Argus and Excel valuation analysis models on a quarterly basis
- Assist, coordinate, and manage the annual budgeting process, mid-year reforecasts and quarterly cash flows for the portfolio by strategically working with the accounting, construction, and property management departments
- Complete ad hoc property-level analysis sensitivities for prospective leasing, investment strategy, debt tracking, recapitalizations, re-financings and dispositions
- Track, analyze, and present return performance against underwriting for investment strategy decision-making
- Participate in regular operations, leasing, and market discussion with property management and leasing teams
- Assist managing director with weekly communication updates with operating partners regarding asset performance related to operations, leasing, and approval requests
- Responsible for the financial planning, analysis, reporting, and administration of funds;
- Prepare quarterly performance reports for fund investors
- Perform various financial analyses for prospective investment opportunities in Excel and Argus.
- Participate in aspects of the due diligence process during the disposition or refinance of assets including informational and analytic requests from brokers and prospective buyers and lenders
Qualifications
- BA or BS required with preferred degrees in math, real estate, business finance, economics or related area.
- Minimum of 5+ years of work experience in the commercial real estate industry with at least 2 years of experience as an analyst.
- Strong technical skills in the Microsoft Office suite in particular, qualified candidates will be highly proficient in Excel skills. Experience in Argus and financial modeling is required. Experience in Yardi highly preferred.
- Proven experience with office/multifamily financial modeling.
- Excellent written communication, verbal and analytical skills necessary to communicate with internal and external partners.
- Strong time management skills, attention to detail and commitment to follow through.
- Ability to work in a fast-paced, entrepreneurial environment as a hands-on contributor.
Program / Center Affiliation
Job Type
Full-Time