Multifamily Acquisitions Senior Analyst/Associate - NYC

Position:   Multifamily Acquisitions Senior Analyst/Associate – New York City 

Role Overview 

Primary Responsibilities

Underwriting:

• Critical and in-depth underwriting efforts focused on analyzing historical operations, creating key assumptions for projections, establishing valuation, and constructing sensitivity tables for scenario analysis
• Gather and evaluate economic, demographic and real estate market data and summarize information to support underwriting assumptions
• Analyze and evaluate rent rolls and operating statements of properties 
• Leverage fully integrated team to collaborate on underwriting assumptions for operating expenses, capital improvements and financing
• Deal structuring which involves an understanding of investment, financial, partnership operational, legal, tax and other considerations - while working/negotiating with external consultants and in-house team
• Creating detailed market survey reports focused on the effective rents and amenities at comparable properties

Investment Committee Materials: 

• Create frequent Investment Committee materials including executive summary for potential acquisitions to note investment highlights, market information, demographics, ownership strategy, projected debt and operating results

Due Diligence:

• Participate in all aspects of the due diligence process for potential acquisitions, including maintaining progress trackers and reviewing financial statements and other materials
• Attend weekly internal diligence meetings and liaise with third-party consultants
• Post-closing, participates as part of a member of transition team to transfer asset level responsibilities to Asset Management and Operations and documents critical information

Monitor of Markets for Trends:

• Create a weekly deal pipeline report
• Execute confidentiality agreements for all new deal opportunities and maintain files in SharePoint 
• Maintain database of deal tracking notes and relationship contacts
• Maintain database on sale transactions in our key markets

Relationships:

• Begin to establish deep peer-level relationships with investment sales professionals and owner/operators

Position Requirements

• Bachelor’s degree required.
• 2-5 years of real-estate work experience and a good understanding of US real-estate markets (primarily Multifamily) within real-estate private equity, real-estate banking and operating company.
• Proven analytical skills and working knowledge of Microsoft Office, advanced Excel and PowerPoint skills.
• Superior attention to detail.
• Knowledge of financial statements, cash flow analysis, and complex financial modeling structures, including IRR, DCF, and waterfall structures are a must. 
• Familiarity with Argus is a plus.
• Ability to prioritize tasks and work on multiple assignments in a rapidly changing environment and meet deadlines.
• Self-motivated with the ability to work independently and with colleagues as part of a team.
• Strong communications skills, both written and verbal, to gain internal support and enthusiasm for initiatives and to create thought-provoking materials.
• Perform duties with the highest level of confidentiality, motivation and integrity.