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Asset Management Associate

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Los Angeles
 CA
Postal Code
90017
Country
United States

This job is no longer active.

Description


Responsibilities

  • Supports Asset Manager in the Direct Investment Group on assets through data collection, cash flow modeling, competitive analysis, research analysis and annual business plan and budget preparations.
  • Prepares and updates quarterly cash flow projections.
  • Shares accountability for budgeted results and supports the budget versus actual analysis.
  • Supports in restructurings, sales and asset financings as required.
  • Understands capital and investment structure and the relationship between property operations and investment performance.
  • Supports industry related projects including annual updates on sector and information gathering.
  • General market understanding for assigned assets - collects market information; in particular competitive market information.
  • Analyzes leases and rental rates and assists in leasing decisions; monitors overall leasing status and strategies for assigned assets.
  • Verifies accuracy of property operating statements and monthly/quarterly variance analysis.
  • Prepares quarterly reports, valuation analysis and other financial reports as required.
  • Maintains and contributes to retail information databases and libraries.

Skills/Experience Required

  • BS/BA and a strong academic record with emphasis on real estate, finance, accounting and/or economics required.
  • 2-3 years of direct real estate and analytical experience required; experience with senior housing assets preferred.
  • Strong analytical skills.
  • Knowledge of accounting and finance principles.
  • Strong oral and written communication skills.
  • Strong proficiency in Argus and Excel essential.
  • Proficiency with Microsoft Office applications required.
 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

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