Associate, Commercial Real Estate

at  Hudson Advisors

Position Summary:
The Associate will work closely with other investment professionals and will play an integral role in evaluating new investment opportunities through market research and analysis, financial modeling and asset valuation. In addition, the Associate will support asset management and portfolio management strategies for existing and new investments. The successful candidate will be exposed to a wide range of commercial real estate investment strategies in a fast-paced and challenging environment.

Essential Functions:

• Assist in the underwriting and due diligence of new CRE related investment opportunities
• Structure/Build detailed financial models and asset valuation tools to support investment decisions
• Forecast operating performance, financial projections and business plan scenarios for deal-specific underwriting
• Provide support to asset management initiatives by conducting financial analysis and developing and executing business plans
• Assist in the preparation of asset-level recommendations for senior management
• Prepare strategic plans for assigned properties and contribute to overall portfolio plans
• Build and maintain property valuation models using Excel and ARGUS
• Produce asset-level reporting on a periodic basis
• Assist in the engagement and direction of third-party property managers in development and implementation of operating budgets including capital and leasing plans
• Prepare regular update reports on asset performance for senior management
• Assist with ad hoc strategic projects

Required Knowledge, Skills and Abilities:

• Strong quantitative skills and demonstrated analytical and problem solving ability
• Advanced cash flow and investment modeling skills (Excel and Argus)
• High attention to detail and accountability in analytical assessments
• Demonstrated ability to interpret data and draw conclusions
• Excellent verbal and written communication/presentation skills and the ability to interact professionally within a diverse group
• Hard-working and committed to producing great end results
• Ability to thrive in a fast paced, rapidly changing work environment with many competing priorities
• Positive attitude with the ability to manage change effectively
• Demonstrate ability to prioritize work and manage time in a deadline-driven environment
• Is a self-starter and proactive, with the ability to multi-task
• Ability to work autonomously and as a member of a team
• Willingness to learn
• Is organized and process oriented
• Strong business judgment and decision making
• Demonstrate a high level of professionalism that appropriately represents the organization
• Harbors an intellectual curiosity around the business

Education:

• Bachelor’s Degree from an accredited institution required
• Degree in Business, Finance, Real Estate, Economics, or related area preferred

Experience:

• 2-4 years of direct commercial real estate industry, investment banking, or finance experience required (title will be commiserate to experience level)
• Prior knowledge of acquisition due diligence and asset management processes is strongly preferred

Other Skills:

• Proficiency in Word, Excel, Outlook, and PowerPoint (Microsoft Office Suite)
• Advanced Excel knowledge, including ability to summarize data via formulas, lookups, Pivot Tables, conditional formatting, etc.

Work Environment:

• This job operates in a professional office environment
• This position’s hours vary depending on business activity
• This position does not require frequent travel, less than 10%. Travel would be domestic

Desired Organizational Competencies:

• Accountability - Demonstrates a commitment to and responsibility for accomplishing individual, team and business objectives
• Drive - Consistently achieves challenging goals/objectives, and demonstrates an ability to create value and maximize results
• Planning- Identifies business needs, problems and risks proactively, and develops well founded plans that specify strategies, actions/solutions, risk mitigants and desired results
• Critical Thinking / Judgment - Commits to an action after developing alternative solutions that are based on logical assumptions and factual information and that take into consideration resources risks and organizational values
• Adaptability - Exhibits the capacity to successfully change and evolve one’s actions, opinions and behavior as a result of changing priorities or environment
• Communication Skills - Proactively communicates in the appropriate medium with clarity and focus at the right level to ensure delivery has the appropriate impact
• Influential Leadership - Leads with confidence and conviction, and is able to establish credibility, trust, and respect among team members
• Team Work - Fosters collaboration among team members and business partners, and uses capabilities to achieve team goals

• Assist in the underwriting and due diligence of new CRE related investment opportunities
• Structure/Build detailed financial models and asset valuation tools to support investment decisions
• Forecast operating performance, financial projections and business plan scenarios for deal-specific underwriting
• Provide support to asset management initiatives by conducting financial analysis and developing and executing business plans
• Assist in the preparation of asset-level recommendations for senior management
• Prepare strategic plans for assigned properties and contribute to overall portfolio plans
• Build and maintain property valuation models using Excel and ARGUS
• Produce asset-level reporting on a periodic basis
• Assist in the engagement and direction of third-party property managers in development and implementation of operating budgets including capital and leasing plans
• Prepare regular update reports on asset performance for senior management
• Assist with ad hoc strategic project