What are the responsibilities and job description for the Analyst, Acquisitions position at Service Properties Trust?
Overview
RMR Residential, which is part of The RMR Group (Nasdaq: RMR), is a vertically integrated platform focused on multifamily properties across the U.S. Sunbelt. The Analyst/Senior Analyst role assumes broad responsibilities including financial analysis and modeling, assisting in transaction due diligence, market research and preparation of internal investment memoranda. This position is an excellent opportunity for someone with a strong interest in developing a career in real estate investment.
Responsibilities
Develop and utilize acquisition models to evaluate residential investment opportunities
Review and analyze offering memoranda, operating statements, rent rolls, and other property-specific data to develop underwriting assumptions
Analyze demographics, employment growth, competitive supply, demand, rent growth, absorption, property tax and insurance projections to evaluate investment opportunities
Assist with transaction due diligence including the coordination of internal and external resources
Communicate with third parties including capital partners, brokers, lenders, consultants, etc.
Conduct market and property due diligence through site tours, broker meetings and third-party research
Prepare detailed market surveys of an acquisition target’s competitive set, including the analysis of comparable sales
Effectively prepare, communicate and present investment memoranda to senior management and equity partners
Research overall target market and investment sub-market conditions
Prepare quarterly market updates for Fund Investors, highlighting current economic and capital market conditions
Monitor competitive properties in the region, historical sales transactions and perform other market research initiatives as needed
Qualifications
Bachelor’s degree in finance, Real Estate, Economics, or a related field
1-3 years of experience in real estate investment analysis, with a focus on multifamily CRE
Proficiency in financial modeling, valuation techniques, and real estate investment software
Strong analytical skills for interpreting and presenting complex financial data.
Solid understanding of commercial real estate markets, trends, and investment strategies
Excellent written and verbal communication skills for reporting and presentation
Detail-oriented mindset with excellent multitasking abilities
Familiarity with legal and regulatory aspects of real estate transactions a plus
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Company Overview
The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is strengthened by over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its clients. RMR has been recognized by The Boston Globe as a “Top Place to Work”, by the Environmental Protection Agency (EPA) as an “ENERGY STAR Partner of the Year” and ranked by the Building Owners and Managers Association (BOMA) as having one of the highest number of BOMA 360 designated properties in its portfolio. RMR is headquartered in Newton, MA and was founded in 1986.
RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:
Integrity at Our Core.
Perform Passionately and Effectively.
Inspired Thinking.
Like We Own It.
Power of We.
Mutual Respect.