What are the responsibilities and job description for the Associate position at Job Resources?
The Company
The company is a privately held real estate investment firm with deep experience acquiring, developing and managing residential and commercial assets in the prime US markets of New York, New Jersey, Washington D.C., Central and South Florida.
The team’s management platform is focused on three complementary investment strategies : distressed, value-add and development opportunities. Since 1998, the founding partners have collectively invested $5.5 billion of equity in assets totaling over $18 billion of gross asset value. This experience comprises over 9,000 residential units and 20 million square feet of office and retail assets.
The company offers its investors, tenants and partners extensive market knowledge, long-standing relationships and institutional thinking fueled by a motivated and deeply experienced leadership team with a proven record of consistent success.
Key Pointers :
- New York City-based Owner Operator Developer
- Entrepreneurial / Institutional Opportunity
- High quality LP / GP Relationships
- Opportunity for professional development within a team-oriented culture
Purpose of the Position
Reporting directly to the Managing Partners within a flat management structure alongside the deal team, this individual brings a foundation in financial and analytical analysis within the commercial real estate sector.
Proficient in Excel, he / she brings a strong foundation in constructing financial models for acquiring assets, current assets and portfolios, and / or conducting portfolio performance analysis.
He / she is primarily tasked with underwriting and executing new investment opportunities, including both existing and prospective acquisitions or developments, while also supporting in the strategic asset management of established properties.
Key Responsibilities
Specific Responsibilities to include :
The Candidate
Experience and Professional Qualifications
The Associate should possess a fundamental knowledge of commercial real estate finance and analytics, including experience with financial modeling in Excel for assets and portfolios. He / she may have experience in portfolio performance analysis, financing, budgeting, partnerships, and hold / sell decisions.
Ideally, candidates will come from top-tier investment bank (within real estate, infrastructure or private equity), CRE Advisors, CRE private equity firms, REITs, Private Credit Funds, or institutional real estate investment management firms.
The ideal candidate will have 2-3 years of relevant experience in acquisitions, asset management, or portfolio management.
Essential qualities include good judgment and effective communication skills for engaging with various stakeholders such as operating partners, investors, brokers, and property owners.
Skills and Competencies
Education
Compensation
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