Cushman & Wakefield
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Responsible for supporting a team of asset management professionals managing a portfolio of real estate assets across the United States & Canada for multiple third-party clients.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Analyze new and renewal lease proposals utilizing NPV concepts and discounted cash flow models
- Prepare property level & portfolio level cash flow projections to determine the impact on value, cash flow and performance as a result of changes in market conditions (rental rates, downtime, tenant procurement costs, capitalization rates), the impact of proposed capital improvement projects, etc
- Assist in leasing/tenant review process including credit agency reports, reference checks, and financial/operating history
- Participate in lease negotiations with asset manager and become familiar with major lease terms in order to be comfortable recommending negotiating strategies
- Collaborate with the asset manager on the development of annual and multi-year business plans that meet the short and long-term goals of ownership
- Assist in the production of monthly, & quarterly reports to ownership that provide status on all major property operations
- Assist in the production of collateral materials for client, internal management and asset management presentations and marketing
- Work with the property and leasing teams to ensure that all client financial and leasing data is updated in the relevant systems in a timely and accurate manner
- Drive the development of due diligence reports for potential acquisitions for existing clients
- Assist in responding to new client RFP’s and developing content for new client presentations
- Support the implementation of all new Asset Management technology tools which will include scoping requirements, attending product demonstrations, and testing of key features prior to planned system roll-out
EXPERIENCE & KNOWLEDGE/SKILLS REQUIRED
- Bachelor’s degree in business, finance, accounting, or economics. MBA or Master’s in Real Estate preferred
- Minimum of four years of experience in real estate asset management with a proven analytical background and a track record of involvement in successful real estate transactions across multiple property types
- Current knowledge of industry trends in real estate and development, and a natural desire to understand specific market characteristics; experience of commercial real estate analysis/asset management with an emphasis in all some or all major assets sectors (office, industrial, retail, multi-family)
- Proficiency in all major real estate software products including: Yardi, Argus, VTS, RCA, CoStar; and presentation software including: PowerPoint & EnDesign.
- Outstanding verbal and written communication skills with emphasis on report writing and presentation development
- Ability to manage conflicts and create positive outcomes
- Resourcefulness
- Advanced business acumen
- Strong attention to detail
Source: Cushman Wakefield Career Page
