Associate, GEM Realty Securities

Associate, GEM Realty Securities

Company Description

Founded in 1994 and headquartered in Chicago, GEM Realty Capital is a strategically integrated real estate investment firm specializing in private and public market opportunities. GEM tactically invests across the U.S. real estate ecosystem through GEM Realty Properties, GEM Realty Securities, and GEM Realty Tactical Opportunities. GEM actively invests across property types and geographies as well as throughout the four quadrants of real estate: public, private, debt, and equity. GEM has a collaborative and entrepreneurial culture that rewards hard work and integrity and provides continued opportunities for professional growth.

Position Overview

GEM Realty Securities (GRS) manages approximately $1 billion of AUM across multiple strategies, including hedged and long-only mandates. We are seeking a talented, goal-oriented, highly motivated Investment Research Associate to support our senior investment team. In this role, you will engage directly with the GRS Co-CIOs as a valued contributor to our investment research process. The GRS environment is dynamic and collaborative with opportunities to travel to conferences and company meetings, gain experience in unique asset classes within real estate and be exposed to the GEM ecosystem. Rigorous technical and analytical capabilities, strong initiative, teamwork, and effective communication skills are essential for success in this role.

Key Responsibilities

• Conduct in-depth analysis of real estate fundamentals and trends to assess impact on property sectors and public companies covered
• Develop, maintain, and communicate key fundamental inputs and cash flow models
• Create original processes to generate differentiated analysis and out-of-consensus investment theme ideas
• Rapidly analyze news and concisely convey pertinent information to Investment Team
• Complete rigorous, Excel-based financial modeling, attend conferences, management meetings and market tours, and utilize GRS’s research technology and proprietary data to drive investment decision making
• Cultivate relationships with real estate professionals, building upon GEM’s differentiated industry-wide network

Preferred Qualifications

• 2-4 years of financial analysis experience; previous public or private real estate analysis is strongly preferred
• Strong financial modeling and forecasting background with excellent quantitative and analytical skills
• Demonstrated proficiency with Bloomberg and Excel
• Working knowledge of programming languages and data analysis/visualization tools a plus
• Ability to communicate ideas with precision, passion, and conviction
• Intellectual curiosity and an independent thinker willing to challenge consensus views

Compensation

It is expected that the base annual salary range for this Chicago-based position will be $100,000-$125,000. Actual salary for this position will vary based on factors, such as skill, experience, and qualification for the role. Employees will be eligible for a discretionary bonus, based on factors such as individual and company performance with total, annual compensation range between $120,000 and $200,000.

Benefits and Employee Experience:

• Financial: Competitive benefits, 401(k) match, and life insurance
• Health & Wellness: Comprehensive medical, dental, and vision plans, HSA with employer contribution, fully paid primary/secondary caregiver leave
• Engagement: Firmwide professional development series, frequent cross-department community service opportunities, highly engaged Diversity and Inclusion Steering Committee, and an active sustainability focus to enhance GEM’s employee experience and strengthen the communities in which we live and invest
• Willingness to work in-office and live in the Chicagoland area

GEM values a diverse workforce and encourages all applicants to apply. Applicants will not be discriminated against because of race, color, disability, creed, gender, sexual orientation, gender identification, age, religion, national origin, citizenship, marital status, veteran status or any protected category by local, state or federal laws.