What are the responsibilities and job description for the Associate - Multifamily Investments position at Sunstone Two Tree?
Job Responsibilities
You will contribute meaningfully to all aspects of the Acquisitions, Asset Management, and Dispositions processes at Sunstone Two Tree. You will be responsible for effectively underwriting, performing due diligence, and asset managing multifamily properties through financial modeling, market research, and business plan execution. You will report directly to the Vice President of Investments and be responsible for the following in this role:
- Review of multifamily investment opportunities including review of offering materials and conducting market research.
- Build financial models and perform scenario analysis.
- Prepare the acquisition Investment Committee and Investor presentation package.
- Assist in the due diligence and closing process for multifamily investments.
- Communicate professionally with capital partners, brokers, lenders, and property managers.
- Manage and update deals on internal pipeline.
- Frequently travel to our property sites and learn submarket dynamics to assist with underwriting and asset management.
- Research loan document covenants as it pertains to leasing, future funding, escrow reimbursements, and other covenants as necessary.
- Create property budgets and forecasts.
- Build and maintain detailed analyses related to property valuation and asset performance.
- Prepare analyses associated with investor distribution amounts.
- Provide support in the disposition process.
- Manage and train analyst/intern staff as needed.
Job Requirements
- Bachelor's degree in finance (or related field).
- 2 – 5 years of working in multifamily commercial real estate (acquisitions and/or asset management, internships accepted).
- Demonstrated financial modeling skills.
- Advanced in Microsoft Office Suite.
- Detail-oriented with effective administrative and analytical skills.
- Strong technical writing skills, document assembly, and verbal communication skills.
- Ability to communicate effectively with executive management.
- Demonstrated ability to solve problems proactively and creatively.
- An intuitive sense to navigate the dynamics of each asset and understand how various assumptions drive asset performance.
About Sunstone Two Tree Investment Team
We are a team with a close and supportive culture where all voices are heard and the desire to learn and grow is welcome. We believe in a fun workplace and celebrate our success which comes from hard work, refined processes, and a talented team of investment professionals. Our unique structure will expose you to the acquisition, asset management, and disposition of multifamily properties. Sunstone Two Tree provides access to every level from interns to CIOs so our team members can collaborate and be mentored effectively as we work to acquire multifamily assets in the Southwestern United States.