Associate, Industrial Acquisitions- Dallas, TX

Company Summary:

Nuveen Real Estate is one of the largest real estate investment managers in the world with $125 billion of assets under management. Managing a suite of funds and mandates, across both public and private investments, and spanning both debt and equity across diverse geographies and investment styles, we provide access to every aspect of real estate investing.

With over 80 years of real estate investing experience and more than 500 employees* located across over 20 cities throughout the United States, Europe and Asia Pacific, the platform offers unparalleled geographic reach, which is married with deep sector expertise.

Position Summary:

The Associate will report to the Senior Director of Industrial Acquisitions and will assist in evaluating and executing on industrial real estate acquisitions in the Central and Eastern U.S. across a variety of risk spectrums including core, core-plus and value added opportunities. A position requirement is that applicants have the ability to further develop, expand and maintain external relationships with key market participants, investment sales, leasing brokers and lenders.

Key Responsibilities:

• Leads underwriting for industrial acquisitions and joint venture developments within the Western U.S. markets
• Evaluates investments and investment returns based on discounted cash flows, return on cost, development spreads and third-party leverage; analysis also to include impact of value-added opportunities, leverage, tax, and joint venture structures.
• Assist with sourcing new opportunities and tracking active deals in the market.
• Coordinates and oversees the due diligence process for acquisition and development opportunities 
• Understands and keeps abreast of market dynamics and trends and seeks the input of research and other professionals in all analytic activities.
• Develop, expand, and maintain external relationships with key market participants, investment sales, leasing brokers and lenders.
• Ability and willingness to advocate a reasoned point of view and engage in an honest and fact based debate with senior leadership when appropriate.
• Prepares and reviews offers, investment committee packages, financing packages, and due diligence information. 
• Assists with the coordination and compliance with all requirements for closing and funding of acquisition and development transactions.
• Travel of up to 25% will be expected as part of this role

Qualifications:

Required:

• BA required
• Minimum of 4 years of real estate, private equity or  finance related experience
• Experienced and proficient in both Argus Enterprise and Excel

Preferred:

• MBA or MS preferred.
• 5-6 years of real estate, private equity or  finance related experience
• Possesses strong knowledge of commercial real estate, economics, finance, valuation, and financing
• Advanced analytical/reasoning skills to analyze disparate information flows based on market specific practice into a meaningful, relative-value basis
• Experience working on opportunities in the Western U.S. regions preferred
• Development and joint venture underwriting experience preferred
• Ability to work in a team context and under pressure of tight deadlines, uncertain information and with limited resources; ability to manage time efficiently and to adapt to changing priorities as set by members of the senior leadership team and portfolio management
• Demonstrated ability to operate independently. Strong written and verbal presentation skills that are directed to internal and external clients
• Possess a developing knowledge of the process of investing in institutional quality real estate
• Strong networking skills including but not limited to; working closely with the brokerage community, direct sellers of real estate and joint venture partners to identify investment opportunities
• Experience presenting to senior investment professionals and/or investment committees and clients; strengthens existing relationships. Demonstrated consistently solid judgment regarding deals, people and situations

Equal Employment Opportunity is not just the law, it’s our commitment.

 
We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

*©2019 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017 C23921