Senior Investments Associate

Pacific Retail Capital Partners is a fully integrated, entrepreneurial organization with an unparalleled depth of knowledge in all aspects of retail real estate. Our team of executives and strategic partners draw on decades of experience with major national shopping center owners to deliver top-tier service as an operating partner and provide efficient oversight of the company's own portfolio. Our broad-based talent is versed in multiple disciplines from investment and development, which enables the company to quickly assess market opportunities, to management, marketing and leasing which allows them to effectively control costs and maintain the quality of its properties. This position is based in El Segundo, CA but our company operates nationally with a particular emphasis on large regional malls.

Senior Investments Associate

The Senior Investments Associate will be responsible for analyses related to new acquisition and lending opportunities as well as asset management and development initiatives across existing properties. The ideal candidate must be a self-motivated, detail-oriented individual with a keen analytic mind and a strong interest in the acquisition, financing, ownership, and operating side of the retail & mixed-use real estate business.

This is not a remote role. The ideal candidate must be able to commute to our corporate office in El Segundo, CA.

Responsibilities:

Acquisition & Lending

• Underwrite and model investment cash flow, joint-venture equity structures and key return metrics for potential super-regional and regional retail-led center acquisitions, financings and mixed-use developments
• Analyze development opportunities for adding multi-family and/or office use to regional mall locations
• Prepare investment recommendation packages for investment committee and financial partner approvals
• Perform market research (key demographics, economic forecasts, lease and sales comps, broker reports, etc.) to identify potential opportunities and/or risks, and to validate underwriting assumptions
• Coordinate due diligence activities with brokers, sellers, and third-party consultants
• Manage debt and equity closing activity on new transactions

Asset Management & Development

• Create feasibility models for select redevelopment and/or adaptive reuse opportunities
• Evaluate and articulate the current, near and long-term outlook for existing retail & mixed-use assets
• Update Argus and excel models with periodic reforecasts and recapitalization (or disposition) scenarios 
• Support development, property and portfolio managers with financial analyses as needed

Required Skills and Experience:

• BA/BS from a top tier university/college
• 5+ years of analytical experience modeling commercial real estate transactions. Retail experience is beneficial.
• An understanding of key financial concepts and metrics for real estate transactions including capitalization rates, internal rates of return, cash on cash returns, promote waterfalls, and others
• MUST be an advanced Excel user with significant commercial real estate financial modeling experience (ideally with significant Argus & larger format retail center experience as well). 
• Ability to multi-task, work under pressure, display a high degree of initiative, resourcefulness and sound decision making, all with minimal oversight and while maintaining a meticulous attention to detail

• Strong written and verbal communication skills with a passion for real estate

Compensation

• Market competitive salary, bonus & benefits – commensurate with experience

To Apply:

To respond to this opportunity, please submit your resume and cover letter. Please reference “Senior Investments Associate” in the subject line. NO PHONE CALLS PLEASE.