What are the responsibilities and job description for the Multifamily Associate position at JLL?
JLL empowers you to shape a brighter way.
Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Job Summary
This position is focused exclusively on the sale of commercial real estate transactions. In addition to the involvement in every stage of a transaction, including underwriting, preparation of offering memoranda and closing, the Associate will train and lead analysts on Investment Advisory underwriting. Will work in a high-energy, team-focused environment.
Main Responsibilities
* Responsible for complex financial modeling of commercial real estate transactions and utilize market and JLL data / comps to correctly underwrite a transaction.
* Prepare and oversee the preparation of investment advisory and financing packages.
* Must be technically proficient in use of databases and be able to effectively utilize data to determine trends and prepare for pitches and meetings.
* Must understand and review real estate documents (leases, loan documents, appraisals, etc.) to determine if any issues exist and determine what could be a concern.
* Participate in weekly office meetings with Producers to discuss deal flow, deal status and market conditions.
* Lead weekly analyst meeting to answer questions and help grow future talent.
* Have a strong understanding of how JLL's lines of business work together.
* Mentor junior associates and analysts in real estate underwriting / financial modeling.
* Other duties as assigned.
Experience Required
* 3 years of experience in a financial analysis environment; mortgage or commercial real estate industry preferred.
* Self-motivated, team-oriented and strong time management skills to prioritize deadlines.
* Excellent organizational, quantitative, and communication skills; able to interface with top level executives.
* Strong ability to communicate analytical and marketing data effectively.
* Strong research, analytical, and problem-solving skills. Ability to analyze qualitative and quantitative information.
* Ability to be an independent worker with a team player attitude.
Education
* Bachelor's Degree in Real Estate, Finance, Accounting, or related discipline or an equivalent combination of education and experience.
* MBA is a plus, but not required.
Computer Skills
* Intermediate working knowledge of Outlook, and Word.
* Expertise in Argus and Microsoft Excel.
* Database experience a plus.
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Location:
On-site -Philadelphia, PAJob Tags:
CMGIf this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:
401(k) plan with matching company contributions
Comprehensive Medical, Dental & Vision Care
Paid parental leave at 100% of salary
Paid Time Off and Company Holidays
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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL's recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.
For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.
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For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.
Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process - including the online application and/or overall selection process - you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.
Accepting applications on an ongoing basis until candidate identified.
JLL Is an Equal Opportunity Employer JLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (e.g. child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran’s status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.
