What are the responsibilities and job description for the Analyst position at Ram Realty Advisors?
Ram Realty Advisors LLC acquires and develops retail, multifamily, and mixed-use properties in select high-growth markets throughout the Southeast. The investments are capitalized by Ram-sponsored discretionary private equity funds and institutional co-investment vehicles. Since 1996, Ram has deployed in excess of $4.8 billion of capital. Ram and its predecessor entities were founded in 1978. The Company is headquartered in Palm Beach Gardens, Florida, and has offices in Tampa, Florida; Charlotte and Chapel Hill, North Carolina; and Nashville, Tennessee.
The Analyst Rotational Program is designed to offer a hands-on learning experience, the ability to gain exposure to multiple disciplines within Ram, and the opportunity to make a meaningful impact. Throughout the program, rotational Analysts will have the opportunity to interface with senior leaders, be mentored by industry experts, and collaborate closely with seasoned professionals. The Rotational Program is a two-year program that includes rotating through various departments. Duration in the program will vary depending on the needs of the business and achieved competencies/skills obtained. The departments participating in the rotational program include Investments, Asset Management, Accounting/Finance, Fundraising/Investor Relations, and Development. Department rotation assignments will be determined based on business and project needs. This role will be based in our Chapel Hill office
.
Essential Duties and Responsibilities: (varies by rotatio
n)· Assist in identifying potential acquisition and development opportunities and conduct market research to support these effort
s.· Support due diligence by obtaining and reviewing all relevant information from property owners and their representatives, including existing reports, surveys, studies, title work, environmental documents, et
c.· Coordinate and collect market research and data to determine appropriate rents, expenses, and vacancy assumptions for new project underwriting and/or presentation material
s.· Utilize CoStar Market Analytics, Real Capital Analytics, and other resources to gather property/market information, conduct demographic analysis and void analysis for acquisition and development underwritin
g.· Provide Acquisitions, Development and Asset Management teams with regularly updated market surveys, comparable sales data, and market pipeline dat
a.· Assist in determining pricing parameters of new opportunities to assess a project’s preliminary feasibility via cash flow projections and detailed financial modelin
g.· Prepare monthly, quarterly, and annual reports to track the business plan progress of the Company’s asset
s.· Prepare quarterly valuations and forecasts of assigned assets. Work directly with Asset Managers and Accounting to generate quarterly fair market value and forecasts for specified assets. Present results directly to the leadership tea
m.· Work with Asset Managers to project asset cash flow, analyze asset performance vs. budget, evaluate potential changes in asset strategy, and prepare required lender reports and additional ad hoc lender request
s.· Research government regulations and monitor, research, and report upon government policies (City, County, State, and Federal) or actions that may impact projects or activities being pursued by the compan
y.· Understand how loans are sized and the differences between LTV, LTC, DY, DSCR (both actual and stressed
).· Understand term sheets and the basic concepts that are negotiable, different types of lenders and loan types, hedging concepts, et
c.· Help create and update marketing materials to showcase Ram capabilities, including pitchbooks, e-blasts, and other ad-hoc materials; coordinate with graphic design and printing to ensure materials are ready for investor meeting
s.· Create/update/analyze fund models, gaining working knowledge of performance calculations and waterfall
s.· Provide support to the regional team with ad hoc requests and special projects as assigne
d.· Represent firm at conferences, trade shows and industry event
s.
Requireme
nts
These requirements represent the education, knowledge, skill, certifications/licensure and/or ability required to perform the job satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties noted ab
ove.· Bachelor’s Degree from an accredited four-year college or univers
ity.· Excellent academic background with a cumulative GPA of 3.0 and above. A GPA of 3.5 and above prefer
red.· One to three years of related experience or equivalent combination of experience and educat
ion.· Demonstrable interest in the real estate indus
try.· Understanding of basic finance concepts and how to calculate metrics such as internal rate of return, and net present value/discounted cash f
low.· Demonstrated acumen, ambition, and personal
ity.· Excellent written and verbal communication ski
lls.· Computer proficiency and demonstrated experience with financial modeling in Ex
cel.· Proficiency with Microsoft Project, PowerPoint, Outlook, and Excel requi
red.· Familiarity or experience with Argus is a p
lus.· Must be willing to work on-site full-time in one of Ram’s offi
ces.
These characteristics and skills are essential for success in this
role:· Relevant real estate experience (commercial and multifamily) in acquisitions, asset/portfolio management, valuation and/or real estate fin
ance.· Ability to perform calculations necessary to produce or interpret budgets, discounts, interest, commissions, proportions, percentages, rents per square foot, and other basic algebraic functions. Ability to create basic formulas for spreadsheet applicat
ions.· Demonstrated ability to work within a team environment across various functions/departm
ents.· Excellent communication skills, both written and ve
rbal.· Must be a critical thinker and have a comfort level challenging the status quo and/or conventional wi
sdom.· Ability to produce, review, analyze, and describe complex financial projections and related sched
ules.· Comprehensive understanding of the valuation of retail and multifamily assets and land for develop
ment.· Ability to read, analyze, and interpret general business periodicals, professional journals, operating statements, and government regulat
ions.· Ability to effectively present information in public and professional forums. Ability to write reports, and business correspond
ence.
These characteristics are highly valued throughout the Company and essential for all team me
mbers:· High degree of profession
alism.· Commitment to quality and a constant desire for improv
ement.· Being open-minded and willing to
learn.· Humility and an ability to admit “I don’t know” or “I made a mis
take”.· Knowing when and how to ask for
help.· Adaptability and flexib
ility.· A deep belief in the importance of putting the team
first.· A strong sense of respect for self and o
thers.· An unwavering commitment to integrity (no matter the perceived short-term
cost).Please note: The Team Member Description is not designed to contain a comprehensive list of duties and responsibilities that may be required of the employee. Duties and responsibilities may change at any time with or without n