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Associate - Finance

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Finance / Investment
Location
Chicago
 IL
Postal Code
60601
Country
United States

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Description


Position Title: Associate - Finance

 Department: CRG Multifamily

 Reports to:   Senior Vice President, Finance

 Direct Reports: None

 

 

Summary Description: The Associate - Finance is responsible for providing financial and operational support to the multifamily team within CRG. The Associate – Finance will assist in the underwriting, capitalization and execution of multifamily family development projects. This team will work closely with the Senior Vice President and Director of Finance.

Specific Responsibilities:

  • Conduct underwriting for current and potential development projects
  • Conduct and prepare financial models, perform in-depth financial and sensitivity analysis, and create valuations and investor return modeling
  • Conduct property specific research, demographic studies, and competitive market analysis
  • Maintain a database of key underwriting assumptions and variables (rents, vacancy, cap rates, discount rates) in strategic markets necessary to accurately underwrite and value developments
  • Assist in capitalization efforts and transaction closings
  • Produce offering memoranda and investment committee packages for both internal and external audiences
  • Produce monthly, quarterly and annual project updates for both internal and external uses
  • Process monthly draw packages, reports and financial statements

Required Experience and Attributes

 

  • 2-3 years of relevant professional experience
  • Excellent writer and verbal communicator
  • Ability to work both independently and collaboratively as appropriate
  • Ability to manage ambiguity and complexity within a fast-paced, results-driven environment
  • Experience within the commercial real estate investment industry, preferably development and the multifamily apartment asset class
  • Proficient with Excel
  • Must understand complex pro forma cash flows, valuation models, debt and joint venture equity structures (waterfall modeling of accrued return with promote structures)
  • Experience in financial analysis (NPV, IRR, ROI, DCF modeling, returns, etc.) with advanced Excel modeling skills

 

       

Job Functions


  • Finance
  • Financial Analysis
  • Underwriting
 

Job Sectors


  • Residential
  • Industrial
 

Experience


2+ to 5 years


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