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The Associate supports Investment Managers in the oversight of commercial and multifamily real estate investments, with the objective of optimizing asset performance and value. The role provides analytical support in executing property-specific strategies, analyzing leasing and capital decisions, conducting feasibility studies, and evaluating property-level performance against benchmarks. The Associate also assists with the preparation of quarterly and annual reporting, budgets, and business plans.
Key Responsibilities
- Build and maintain detailed valuation models in Excel and Argus; review external appraisals and prepare valuation comparison pages for internal stakeholders.
- Prepare property-level return models evaluating historical and projected performance, comparing results against original underwriting and prior quarters, and assessing the impact of leasing decisions, capital projects, and capital markets.
- Engage directly with property management and accounting teams for reporting needs including annual business plans and quarterly reports, variance analysis, capital reforecasts, NOI reforecasts, and written investor updates.
- Communicate as needed with third-party property managers, leasing teams, tax consultants, insurance providers, and other vendors to gather information and ensure timely reporting.
- Review lease proposals, abstracts, and tenant financials to evaluate creditworthiness and perform lease-related financial analysis.
- Collect, analyze, and synthesize relevant market research, comparable transactions, and operating data to inform property-level assessments.
- Facilitate lender compliance requirements, including approvals for major leases, capital expenditures, and release of escrow accounts.
- Provide support on capital project oversight, including cost analysis, renovation programs, and monitoring of significant expenditures.
- Provide occasional support on acquisition and disposition activity, including review of financial analyses and coordination with senior team members as needed.
- Travel for asset inspections, site visits, and due diligence as required.
Qualifications
- Bachelor’s degree in Real Estate, Finance, Business, Economics, or related field.
- 2–5 years of experience in commercial real estate, preferably in asset management, acquisitions, portfolio management, development, or valuation.
- Proficiency in Excel and Argus with strong financial modeling and discounted cash flow analysis capabilities.
- Strong quantitative and analytical skills, with the ability to synthesize complex financial information and deliver well-reasoned recommendations.
- Familiarity with property-level reporting, lease analysis, and key real estate performance metrics (NOI, IRR, DCF, cash flow projections).
- Effective written and verbal communication skills with the ability to prepare clear reports and present findings.
- Strong organizational and time-management skills, with the ability to manage multiple priorities and meet deadlines.
- Detail-oriented, resourceful, and collaborative team player with the ability to support senior team members and interact effectively across internal groups and external service providers.
- Experience with Yardi, Yardi Forecast Manager, and VTS a plus.
Source: Invesco’s Career Page
