Shineassociatesllc·1 month ago
1 month ago
Asset Management Analyst, Industrial
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What you'll do
- Perform financial and qualitative analysis to assess the performance of acquisitions and developments via financial modeling, cash flow, and market analysis using a combination of Argus software and Excel.
- Assist in securing and modeling project financing and/or refinancing, and manage loan compliance according to established loan terms.
- Monitor and analyze the financial performance of existing properties and funds.
- Prepare and maintain property valuations, hold/sell analysis, and financing analysis using discounted cash flow models, cap rate analyses, and sale comparisons.
- Prepare investment committee memorandums for dispositions and assist in the presentation of hold/sell recommendations at the investment committee level.
- Conduct due diligence of legal documents, financial reports, operating projections, sales comps, surveys, and marketing information.
- Complete internal asset valuations on a quarterly basis and coordinate the appraisal process on a semi- annual basis.
- Assist in monitoring / evaluating business plans including leasing strategy, market leasing assumptions, major capital expenditures, financing, and general business plan execution.
- Interact with Project Managers to oversee the full scope of operations.
- Assist in the preparation of asset reforecasts used in annual presentations to the partners.
- Assist in preparing recurring fund deliverables and analysis for institutional investment partners on an as needed basis.
What they're looking for
- Bachelor’s degree in Real Estate, Finance, Mathematics or Accounting.
- One to two years of prior real estate experience.
- Advanced modeling and strong proficiency in Microsoft programs including Excel, Word, and PowerPoint
- Detailed-oriented with strong presentation and analytical skills
- Organized and able to work in a fast-paced, team-oriented environment with multiple deadlines, and adapt readily to changing priorities
- Excellent written and oral communication skills with ability to convey technical information in a clear and concise manner
Nice to have
- Experience in modeling for a financial institution, accounting firm, appraisal firm, or commercial mortgage lender is a plus.
- Comfort with real estate financial and valuation concepts is preferred.
- Experience with Argus and Yardi preferred
- General understanding of the real estate industry and experience analyzing financial statements, leases, and related documents a plus
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
POSITION SPECIFICATION
ASSET MANAGEMENT ANALYST
Shine Associates, LLC has been retained to search, identify and recruit an Asset Management Analyst on behalf of our client (‘Company’). This position will be based in the Dallas, TX.ASSET MANAGEMENT ANALYST
CONFIDENTIALITY
Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.CLIENT DESCRIPTION
Our client, along with its affiliated entities, is a fully integrated principal investment firm focused exclusively on light industrial real estate within the United States. Together with its affiliated property management company, the Sponsor is a vertically integrated real estate operating company with over 50 employees specializing in the investment and management of light industrial real estate. The Company’s’ in-house capabilities include leasing, facilities maintenance, construction management, and property management. The Firm’s vertically integrated team has demonstrated an ability to manage investments, property operations and dispositions throughout multiple market cycles. As of March 31, 2023, the firm owns and operates approximately 10.8 million square feet of light industrial real estate totaling over $2.1 billion of assets under management. The Company has corporate offices in Oakland, CA, Dallas, TX and Boston, MA along with regional property management in select active markets. ASSET MANAGEMENT ANALYST
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Perform financial and qualitative analysis to assess the performance of acquisitions and developments via financial modeling, cash flow, and market analysis using a combination of Argus software and Excel.
- Assist in securing and modeling project financing and/or refinancing, and manage loan compliance according to established loan terms.
- Monitor and analyze the financial performance of existing properties and funds. Prepare and maintain property valuations, hold/sell analysis, and financing analysis using discounted cash flow models, cap rate analyses, and sale comparisons.
- Prepare investment committee memorandums for dispositions and assist in the presentation of hold/sell recommendations at the investment committee level.
- Conduct due diligence of legal documents, financial reports, operating projections, sales comps, surveys, and marketing information.
- Complete internal asset valuations on a quarterly basis and coordinate the appraisal process on a semi- annual basis.
- Assist in monitoring / evaluating business plans including leasing strategy, market leasing assumptions, major capital expenditures, financing, and general business plan execution. Interact with Project Managers to oversee the full scope of operations.
- Assist in the preparation of asset reforecasts used in annual presentations to the partners.
- Assist in preparing recurring fund deliverables and analysis for institutional investment partners on an as needed basis.
QUALIFICATIONS
- Bachelor’s degree in Real Estate, Finance, Mathematics or Accounting.
- One to two years of prior real estate experience. Experience in modeling for a financial institution, accounting firm, appraisal firm, or commercial mortgage lender is a plus. Comfort with real estate financial and valuation concepts is preferred.
- Advanced modeling and strong proficiency in Microsoft programs including Excel, Word, and PowerPoint
- Experience with Argus and Yardi preferred
- Detailed-oriented with strong presentation and analytical skills
- Organized and able to work in a fast-paced, team-oriented environment with multiple deadlines, and adapt readily to changing priorities
- Excellent written and oral communication skills with ability to convey technical information in a clear and concise manner
- General understanding of the real estate industry and experience analyzing financial statements, leases, and related documents a plus
COMPENSATION
The Company is prepared to offer a competitive compensation package.CONTACT INFORMATION
Shine Associates, LLC
45 School Street, Suite 301
Boston, MA 02108
www.shineassociatesllc.com
Shine Associates, LLC
45 School Street, Suite 301
Boston, MA 02108
www.shineassociatesllc.com
Kelsey Shine, Director Hillary Shine, Principal
(508) 494-6569 (203) 613-3562
Kelsey@shineassociatesllc.com Hillary@shineassociatesllc.com
Chandlee Gustafson, Associate
(978) 201-3100
Chandlee@shineassociatesllc.com
Company
Shineassociatesllc
Dallas, United States of America
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