Description
Associate - Role & Responsibilities
Position
- Wedgewood Avenue is seeking a hungry, entrepreneurial ‘go-getter’, who is a smart, aggressive, personable, and a problem solver. A strong candidate must exhibit excellent technical skills and be confident in his or her ability to identify opportunities to add value to the company in every way possible.
Property Acquisitions
- Analyze and underwrite potential investment opportunities, including financial model creation and manipulation
- Develop asset-level business plans and value-add strategies
- Complete on-site and desktop due diligence, structure capitalization, and help complete closing processes
- Draft investment and financing packages
- Compile, analyze, and present market data
- Take meeting minutes and ensure follow up action items are tracked and completed
Property Asset Management
- Support firm’s capital market activities; including interfacing with mortgage brokers, investors, and other sources of both debt and equity
- Manage third party property management and leasing management in the exaction of lease-up, construction, or alternative value-add strategy
- Generate monthly transaction reports / quarterly updates for distribution to company, its lenders and investment partners
- Assist firm’s legal and tax counsels in coordination, negotiation, preparation, and review of all project related documents such as; loan documents, operating agreements, etc.
- Monitor compliance for all loan agreements and all risk management matters including but not limited to; tracking all insurance requirements, guarantee requirements, at risk deposits and letters of credit
- Take meeting minutes and ensure follow up action items are tracked and completed
Qualifications
- Bachelor’s degree required (finance, real estate, economics, or other quantitative area of study preferred).
- At least 3 years of commercial real estate or investment banking experience (experience in underwriting & developing multifamily, self storage & mixed use properties.
- Advanced proficiency in financial modeling and memorandum writing utilizing Microsoft Office (Excel, Word, PowerPoint) and Argus software
- Strong entrepreneurial spirit
- Excellent analytical skills, detail oriented, highly organized
- Team player with good interpersonal skills
- Self-starter with positive attitude and hard work ethic
- Ability to multi-task in fast paced environment
Compensation:
- Base compensation salary of $100 - $125k
- Annual bonus of 10-20% of base salary
- Rapid track to participate in promote equity
- Standard benefits - Health, Dental, Vision, 401-K, etc.
Job Sector
Not specified
Experience
2+ to 5 years
This job is no longer active.