Shorenstein Realty, Asset Management Analyst
Summary:
Perform asset management related analysis with an emphasis on developing discounted cash flows and property valuations for properties within the portfolio.
Posting Date: 2/21/08
Essential Duties & Responsibilities include the following. Other duties may be assigned.
• Perform accurate and complete net present value analysis for properties within the portfolio within established timeframes.
• Thoroughly analyze the impact of lease transactions to property value and yield within established timeframes.
• Thoroughly analyze the impact of capital projects to property value and yield within established timeframes.
• Accurately and thoroughly review assigned sections of the monthly MAP report to ensure assumptions and forecast are consistent with the investment strategy for the asset within established timeframes.
• Accurately and completely update property valuations as required within established timeframes.
• Develop and produce accurate and complete required reporting to lenders, partners, and Shorenstein senior management within established timeframes.
• With Capital Transactions, accurately and thoroughly complete transition-related tasks including but not limited to developing budgets, reviewing leases, reviewing offering memorandum, responding to lenders to resolve underwriting questions, reviewing loan documents, and running models to show budget implications within established timeframes.
• Assist in the review of the annual operating budget to confirm consistency with property strategies.
• Participate in special projects as assigned completing high quality deliverables within established timeframes.
Essential Skills & Qualifications:
• General knowledge of real estate evaluation as evidenced by a minimum 1-2 years experience (for level I) or 2-3 years experience (for level II) in a related function.
• Advanced proficiency in Microsoft Excel and complex financial modeling software programs.
• Demonstrated ability to perform quantitative and qualitative analysis of assets using financial modeling techniques.
• Demonstrated ability to define problems, to collect data, to establish facts, and draw valid conclusions. Demonstrated ability to interpret a variety of information including information in technical and/ or mathematical form, and deal with several abstract and concrete variables.
• Demonstrated ability to read, to analyze, and interpret complex documents.
• Demonstrated ability to provide analyses supported by numbers and facts.
• Demonstrated ability to manage multiple projects and priorities to conclusion within agreed upon deadlines.
• Demonstrated ability to effectively resolve problems that balance multiple needs and interests.
• Demonstrated ability to respond to changing and sometimes ambiguous situations.
• Demonstrated ability to present ideas, instructions and information effectively, both orally and in writing. Demonstrated ability to effectively share information to keep others informed both within and outside the department using appropriate communication methods.
• Demonstrated ability to express opinions and feedback in a clear and constructive manner.
• Demonstrated ability to effectively interact with other departments to ensure a high quality work product.
• Demonstrated ability to choose among alternatives when completing work. Work is periodically reviewed by management at key intervals for advice/guidance prior to completion.
Education/Experience:
• Bachelor's degree (B.A. or B.S.) in Finance or related field from a four-year college or university.
• Minimum 1-2 years experience (for level I) or 2-3 years experience (for level II) in real estate evaluation.
• ARGUS experience required.
Certificates, Licenses, Registrations: None
Physical Demands:
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Working Environment:
• Work environment characteristics are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• The employee works in an office environment.
• Travel may be required up to 15% of time on the job.
Contact Information:
To submit your interest, please apply online at www.shorenstein.com
Please reference YREPNY
