What are the responsibilities and job description for the Associate, Alternatives position at Eastdil Secured?
Overview
Eastdil Secured is the largest independent commercial real estate investment bank in the world, by volume, with nearly $3 trillion in completed transactions over the past 15 years. We uniquely combine commercial real estate and capital markets expertise to provide clients with advisory services and investment strategies for all major markets, transaction types, and asset classes. As a privately held firm with significant employee investment, we thrive on our intelligence-driven team, state-of-the-art technology, and collaboration across 21 offices and 3 continents. Our collective experience, expertise, and resources provide us with the ability to successfully execute the world’s most impactful transactions in the capital markets.
At Eastdil Secured, we seek individuals who have the expertise, integrity and dedication needed to drive meaningful impact for our clients. We hire and advance based on merit and actively engage talent with diverse backgrounds and perspectives, fostering a culture of creativity and innovation throughout our company.
Description
Eastdil Secured is seeking an Associate or VP (DOE) to join our Alternatives team in our New York office. Our Alternatives team is geographically and product type agnostic focusing on a multitude of non-traditional real estate verticals nationally. In recent years, the team has executed the majority of the industry's largest traditional equity sales, recapitalizations, and programmatic joint venture structures, namely in the self-storage, manufactured housing, farming, and SFR/BTR sectors. This position will involve complex quantitative analysis and financial modeling. In addition, responsibilities will include overseeing the underwriting process, creation of marketing collateral, process execution, and providing hands-on training and oversight of a team of Analysts.
Essential Functions
- Management of comprehensive real estate valuation and transaction structure analyses with support from team of Analysts
- Independent production of pitches, proposals, and marketing materials
- Management of transaction processes and client communication
- Collaboration with senior team members in identification, evaluation, and pursuit of new business initiatives
Education and Qualifications
- 3-4 years of institutional commercial real estate or investment banking experience
- Prior work experience with institutional-grade assets is preferred
- MBA preferred but not required
Experience, Skills and Competencies Required
- Willingness to work hard in a demanding and highly focused team-first environment
- Energetic self-starters who are flexible, organized, conscientious, proactive, and detail-oriented
- Demonstrated personal accountability with an urgency for achieving results
- Advanced excel-based financial modeling skills and strong attention to detail
- Ability to perform quantitative and qualitative analyses of real estate transactions with advanced underwriting techniques and deep understanding of equity and debt capitalization structures
- Ability to conceptualize real estate investment opportunities within the framework of relevant microeconomic and macroeconomic factors
- Demonstrated ability to work within a highly collaborative team setting
- Demonstrated ability to consistently produce high quality work under tight time frames
- Demonstrated ability to manage multiple projects and priorities to completion within agreed upon deadlines
- Eastdil Secured requires each non-administrative exempt staff member to be licensed as appropriate in the respective region.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Eastdil Secured will not sponsor visas for these positions and will not hire individuals whose work eligibility is based on, for example, F-1 or other student visa status. In addition, not only must candidates be able to work in the United States without sponsorship when hired, they must maintain the ability to work in the U.S. without sponsorship throughout their employment.
Salary : $125,000 - $150,000