Analyst Full Time

Company Description

Whitman Peterson (“WP”) is a fast-growing, entrepreneurial real estate private equity company investing in and actively managing opportunistic real estate investments on behalf of large institutional investors. Since its inception in 2010, WP has raised over $1.5 billion in institutional equity across four opportunistic and one core fund and has closed on more than 150 investments through both acquisition and development, with an aggregate capitalization of over $15 billion across its current target sectors (lodging, industrial, multifamily, student housing, and seniors housing).

The firm has investments across 50+ submarkets in the U.S. and also has investments in the U.K. and Latin America. WP has proprietary partnerships with some of the nation’s most respected operating, investment, and development companies in its target sectors. WP is currently in the process of deploying Whitman/Peterson Partners IV, a $692 million vehicle targeting investments in the industrial, rental housing, outdoor lodging, and conventional lodging sector. The firm has attracted a highly diverse and talented team from widely respected companies nationally.

Location

Whitman Peterson is based in Westlake Village, CA a desirable suburb located in Los Angeles County approximately eight miles north of Malibu and 30 miles west of Downtown Los Angeles. Team members commute 10-45 minutes, depending on locations within LA, with many doing a reverse commute from Santa Monica, on the Pacific Coast Highway and through Malibu Canyon. The firm operates under a hybrid work environment (2-3 in office days per week).

Job Description

WP is currently seeking an Analyst for its primary office in Westlake Village. The Analyst will play a key role within the Investments Team and will have close interaction with the firm’s leadership. Analysts will be involved in all facets of a transaction including market analysis and site evaluation, underwriting, due diligence, asset management, business plan formulation, and various ad hoc analyses.

Responsibilities will include:

• Analyzing investment opportunities of individual assets or portfolios, operating companies, and other portfolio investments.
• Conducting detailed financial analyses to determine the attractiveness of a range of investment opportunity types.
• Performing financial modeling and valuation analyses including complex deal structures. Running sensitivity analyses across a variety of variables to assess the relative risks and opportunities of a given deal or structure.
• Preparing investment memoranda and materials for presentation to the firm’s internal Investment Committee.
• Tracking economic, capital market, and real estate trends to help senior team leads develop investment and asset management strategies.
• Assisting in the evaluation and structuring of new investments.
• Working with senior team leads through the fund’s quarterly valuation and reforecast process.

Requirements

The firm is specifically searching for individuals who have the following skillset and background, in a culture that values integrity and collaboration:

• A senior (December 2022 or May/June 2023 graduation date) with outstanding academic credentials (preferably a GPA of 3.5 or higher).
• For immediate hire, a candidate with 0-2 years of prior relevant work experience preferably in real estate private equity, real estate brokerage, or real estate finance. The firm will also consider candidates with real estate development or valuation experience.
• The ability to perform detailed financial analyses, including financial statement analysis, cash-flow modeling, carried interest/waterfall calculations, IRR and cap rate analyses, etc. A strong quantitative and analytical background is essential as is expertise in Excel. Argus experience preferred but not a requirement.
• Knowledge of industry and macroeconomic conditions, as well as key drivers and fundamentals.
• A strong work ethic and integrity. The ability to work well in a dynamic entrepreneurial environment. A proactive nature with the ability to take on tasks with limited direction.
• Strong written, oral, interpersonal, and presentation skills. Evidence of outstanding written presentation abilities in both Word and PowerPoint.

Tagged as: Investment Firm, REPE Firm