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Real Estate Associate

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Madison
 WI
Postal Code
53701
Country
United States

This job is no longer active.

Description


Job Title:                                                                   Real Estate Associate

Department:                                                              Investments:  Real Estate

Location:                                                                   Madison, Wisconsin

Reports to:                                                                Principals

Effective Date of Job Description:                         September 2021

Classification Status:                                              Exempt

 

Position Overview: This position will work directly with the Director, Managing Director, and Principals to acquire and manage assets for a multi-strategy long-term real estate investment portfolio.  The Associate will support the team in a coordinated effort to generate and preserve wealth over long periods of time by sourcing and managing superior risk-adjusted investments.

 

Qualified candidates will have industry experience in analysis/asset management of commercial real estate investments.  The Associate will play an active role in evaluating, underwriting, and transacting on a range of investment opportunities across the country, utilizing sophisticated financial models and ARGUS software. The individual will be part of a collaborative workplace, supporting and working on all aspects of real estate investing, including joint ventures, real estate funds, co-investments, and other real estate related alternative investments as well as active portfolio management across all product types.

 

Duties and Responsibilities:

  • Acquisitions
    • Assist in preparation of detailed and complex financial analyses for prospective real estate investments and ground-up developments, including detailed cash flow projections, market and property due diligence, financing, and partnership modeling
    • Assemble and review basic property information, leases/rent roll analyses, market and economic research, legal documentation, and other applicable information for various deals and investment markets
    • Participate in regular pipeline and investment committee meetings regarding potential acquisitions, including preparation and maintenance of pipeline reports
    • Aid in preparation, drafting, and editing of detailed investment memoranda
  • Asset Management
    • Analyze and report on the financial performance of existing assets utilizing Excel/Argus
    • Analyze and report on construction and development projects in coordination with operating partners and construction consultants
    • Assist in preparation and review of asset-level annual budgets and business plans
    • Coordinate asset appraisal process, review annual appraisals for accuracy and provide feedback to appraiser
    • Analyze lease transactions and assist in the preparation of lease agreements, including coordinating with legal counsel, lenders, operating partners and leasing brokers
    • Assist in preparation of quarterly reports including review of rent rolls, leasing, returns, operating statements, legal matters and capital expenditures
    • Assist in preparation and coordination of financial reporting and board materials
    • Review and analyze quarterly operating performance of portfolio properties
    • Interface with leasing/sales brokers, property managers, lenders, operations/accounting teams, legal counsel and other market contacts to obtain information pertinent to existing assets as well as pursuit and disposition efforts
    • Work with operating partners to ensure accurate and prompt delivery of operating results and other reporting requirements

Competency & Experience:

  • Familiarity with all commercial real estate asset classes including office, retail, multifamily, industrial, and hospitality
  • 3+ years of experience in commercial real estate, working in multiple product types
  • High level of proficiency and experience in Excel and ARGUS, thorough competency with MS Office Products
  • Experience building and editing complex financial models, including discounted cash flow models for existing assets, redevelopments, and ground-up developments, including sensitivity tables, debt and equity waterfall structures, and other financial analyses required to evaluate and pursue commercial real estate opportunities
  • In-depth understanding of real estate investment factors and valuations, coupled with a general understanding of finance, accounting, leasing and capital markets terms and concepts
  • Extremely strong quantitative and analytical skills with an attention to detail
  • Well-developed written and verbal skills
  • Excellent organizational skills with the ability to work independently, prioritize, and multi-task
  • Highly motivated with excellent interpersonal skills and the ability to interact with the real estate community and grow within an entrepreneurial and thriving investment organization

Educational Background: BS/BA required with a preferred focus in business, real estate, finance, computer science, or accounting

 

Application Knowledge: Thorough competency with Microsoft Office Products is required (Excel, Word, Outlook, PowerPoint, etc.). Strong Excel and ARGUS skills are required.

 

Key Interfaces: Principals, Managing Director, Director, Investment Committee

 

Travel: Nationwide travel may be required over time

 

Compensation: Salary and incentive-based compensation and benefits commensurate with experience

 

About Kinship Capital: Kinship Capital is a private real estate investment firm that makes growth oriented and duration driven investments in the U.S. across a variety of product types including office, retail, multi-family, hospitality, and industrial real estate. The Kinship team has built an institutional scale portfolio while retaining an entrepreneurial approach to the investment process. Kinship’s structural flexibility and 50-year investment horizon regularly prove to provide a unique competitive advantage in the marketplace.

 

 

 

 

 


This job is no longer active.

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