Senior Associate, Aquisitions

Who Are We? Company Overview

 

Headquartered in the greater Washington metropolitan area, American Real Estate Partners (AREP) is an institutional fund manager and operating partner focused on office, residential and mixed-use repositioning and development in major markets.

Since our founding in 2003, we have acquired more than 17M SQFT of class-A real estate. Our vertically integrated real estate platform provides expertise in all ownership disciplines including acquisitions and asset management, development and positioning, property management, leasing and market research, construction management, and engineering.

For each asset, our approach is to create a distinctive sense of place, one that authentically reflects the character of its surroundings and the people who work there. As such, everything we do is in the service of elevating the experience. This—in turn—makes our properties more desirable and maximizes returns for our investors. It’s not what we do that is different, it’s how we do it that makes all the difference.

We are currently looking for a skilled Senior Associate, Acquisitions & Development to work in collaboration with our internal and external partners.

 

POSITION SUMMARY

Primary responsibilities will include performing financial analyses, evaluating investment returns, conducting due diligence review, creating investment summaries, maintaining investment pipeline and special projects. 

 

ESSENTIAL DUTIES & RESPONSIBILITIES

• Perform various financial analyses for prospective investment opportunities in Excel and Argus.
• Create complex and dynamic pro forma models and sensitivity analyses for project cash flows and investment returns.
• Calculate returns assuming various capital structures.
• Conduct property and market tours for investment qualification and competitive positioning.
• Formulate and select target investment strategies, markets and opportunities. Compile and analyze data for existing markets and ground-up developments.
• Assist in creating investment materials, including investment summaries, lender packages, business plans and presentations.
• Update and maintain investment database and pipeline of deals in the market.
• Complete all necessary aspects of the due diligence process for any investment opportunities being pursued, including tenant credit analysis, drafting detailed lease abstracts, third party report reviews, lease and loan document reviews, market analysis and competitive positioning.
• Provide assistance in business plan execution including leasing, asset repositioning, capital projects, budgets, tenant relations and marketing.

 

Qualifications Summary

• BA or BS required with preferred degrees in math, real estate, business finance, economics or related area.
• Minimum of 5+ years of work experience in the commercial real estate industry with at least 2-3 years of experience as an analyst or associate in acquisitions. 
• Strong technical skills in the Microsoft Office suite in particular, qualified candidates will be highly proficient in Excel skills and experience with PowerPoint.  Experience in Argus and Costar are highly preferred.
• Proven experience with office/multifamily financial modeling.
• Excellent written communication, verbal and analytical skills necessary to communicate with internal and external partners.
• Strong time management skills, attention to detail and commitment to follow through.
• Ability to work in a fast-paced, entrepreneurial environment as a hands-on contributor.

 

Company Value Indicators:

 

• INTENTIONAL:  Able to build deep customer relationships by providing high quality interactions with asset management, legal, accounting, acquisitions and investors.

 

• INTUITIVE:  Ability to anticipate any barriers that may affect acquisitions.

 

• CRAFTED:  Able to provide high attention to detail and accurate research and reporting. Highly organized.

 

• RESPONSIVE:  Ability to respond promptly to management and investor requests.

 

• RELIABLE:  Able to consistently meet deadlines designated by management.

 

• IMPACT-DRIVEN:  Regularly review and reinforce current procedures.

 

• SINCERE:  Able to work collaboratively with co-workers and management through trust and transparency.

 

 

Benefits

AREP offers a competitive benefits package that includes medical, dental and vision coverage for you and your eligible family members, a Flexible Spending Account (FSA), life and supplemental life insurance plans, short and long-term disability insurance.  Our package includes: PTO, a 401k plan with an employer match, EAP, Employee Discount Program and a Financial Wellness Service.

 

AREP is an Equal Opportunity Employer M/F/Disability/Veteran

Our company performs post offer drug and background screens in accordance with state and local laws.