Analyst, Acquisitions

Company Description

Jonathan Rose Companies is one of the country’s leading owners, developers and operators of green affordable and mixed-income communities. Founded in 1989, Rose has created projects with more than $4.2 billion of value with a current portfolio of 19,000 apartment homes in 15 states and Washington DC.

Our mission is to create a more environmentally thriving, socially just world through the development, preservation, renovation and management of green, affordable and mixed income housing.

The firm is a fully integrated investment management, development and asset management company with, construction management, solar energy, mortgage finance and title company affiliates.

We strive to achieve positive environmental impact by investing in energy efficiency, decarbonization, and water conservation to reduce our use of natural resources and toxins. Our social impact is achieved by preserving and expanding housing affordability, and connecting our residents to health, education, financial, cultural and social services. And we aim to achieve these impacts in a co-creative process with governments, our residents and staff.

We are signatories to the United Nations Principles for Responsible Investing (UN PRI), benchmark performance annually through GRESB, and align our reporting with the Task Force for Climate-related Financial Disclosures (TCFD) guidelines, SASB Standards, and GRI Standards.

The Acquisitions Team is responsible for sourcing new investment opportunities, including both direct investments and joint venture partnerships, underwriting those opportunities, conducting due diligence, obtaining debt financing, grants and subsidies, and transaction management. This work involves significant collaboration with other teams at JRCo, including the Asset Management, Impact Management, Portfolio Management, Construction Management, and Finance and Accounting teams.

This position is considered entry level. A minimum of a bachelor’s degree is required, preferably in a quantitative field such as Finance, Real Estate, Economics, Math, or Engineering. Demonstrated interest in affordable housing, urbanism, sustainability, and/or impact investing is required.

The pay range for this position is $80-90k based upon factors including but not limited to related experience and time in the industry.

This position must demonstrate strong analytical abilities, quantitative problem-solving skills, excellent written and verbal communication skills, and familiarity with key investing concepts, with an emphasis placed on real estate finance, including:

• Intermediate to advanced skills in Excel modeling
• Investment underwriting and pro forma construction
• Returns analyses, including discounted cash flow and sensitivity analyses

In addition to financial modeling, this position will be expected to do the following:

• Market research and data analysis
• Sourcing new investment opportunities by contacting brokers and utilizing CoStar and other sourcing of market intelligence
• Supporting firm-wide initiatives and projects

Above all else, this position should demonstrate a willingness to learn rapidly and quickly tackle the variety of tasks necessary to invest in affordable housing:

• Understanding the complexities of HUD, LIHTC, and state subsidy programs
• Reviewing legal documents
• Conducting property due diligence
• Supporting project and process management
• Willingness to travel within domestic US for work for site visits
• Ability to work in office a minimum of three days per week

Rose Companies Benefits:

At Rose Companies our goal is to provide an affordable and comprehensive benefits package that provides security for you and your family and supports your overall wellbeing. Benefits offered include, but are not limited to: Medical, Dental, Vision, Flexible Spending Accounts, Life, Short-Term Disability, Long-Term Disability, 401K with company match, competitive paid time off policy, paid holidays, parental bonding leave and educational assistance.

Rose Companies is committed in policy and practice to providing equal employment opportunities for all applicants and employees, based upon their training, experience, and overall qualifications. Consistent with this commitment, discrimination against an applicant or employee based upon the individual’s race, color, creed, religion, sex, gender, age, national origin, ancestry, citizenship status, marital or familial status, sexual orientation, gender identity, gender expression, disability, military status, protected veteran status, genetic information, or any other condition or characteristic protected by law is strictly prohibited.