Description
SLATE Property Group, a New York City-based Owner and Developer of residential and mixed-use real estate, is seeking an Associate of Acquisitions who will be involved with acquisition, asset management, financing, and disposition activities. The candidate will be responsible for underwriting, diligence, and structuring potential real estate investments across the capital structure, as well as supporting in the asset management of a portfolio of properties.
Company Info:
Slate Property Group is a vertically integrated owner, operator, and developer of residential and mixed-use real estate in the New York metropolitan area. From adaptive reuse and existing asset reposition to ground-up residential development, Slate’s team leverages proven expertise, a diverse set of capabilities, and a regimented approach to provide its investors with superior risk-adjusted returns. Over the past 7 years, the principals of Slate Property Group have purchased in excess of $5 billion in real estate assets, producing above-market returns through various value-add strategies.
Responsibilities:
- Prepare detailed pro-forma cash flow models in Microsoft Excel to analyze commercial real estate debt and equity opportunities across the capital structure. Model complex scenarios, JV structures, waterfalls to calculate investor returns and promotes.
- Assist in the due diligence and closing processes.
- Perform market research, site visits, and reviews of financial statements, leases, and third-party reports.
- Prepare investment memoranda and supporting materials for Investment Committee review.
- Gather market data from research reports, local brokerages, databases and trade publications.
- Track all properties in the active company pipeline and maintain internal tracking sheets and company-wide tracking of all prospective investment opportunities.
Qualifications:
- Top-tier education and strong GPA
- Minimum three (3) years’ relevant experience at an investment bank, private equity firm, CRE lender or developer
- Strong financial modeling and quantitative skills
- Ability to multi-task and detail oriented
- Good team player
- Excellent verbal and writing skills
- Skilled in Microsoft Excel (ARGUS and Yardi experience a plus)
- Extremely motivated to learn about the real estate industry.
Compensation:
- Salary, bonus, and top benefits
- Salary and bonus will be commensurate with experience.
Compensation:
- Salary, bonus, and top benefits
- Bonus will be commensurate with experience.
This job is no longer active.