Our client is a closely held real estate investment and specialty finance company. Since forming in 2011, they have served as an equity partner for developers of retail and multifamily real estate, and have invested in over 200 projects. Our client’s primary focus is equity and mezzanine financing for ground-up development as well as for the acquisition and repositioning of existing properties.
The Investments & Asset Management Associate will be responsible for our client’s asset management activities, namely the monitoring of status and performance of the firm’s growing portfolio of development projects and income-producing properties. To a lesser extent, the Associate will also be involved in the analysis and evaluation of new investment opportunities. The Associate will report to our client’s Vice President of Investments and will have regular interaction with our client’s leadership as well as the firm’s development and operating partners.
Communicate with our client’s developers and operators to obtain reporting material and address items that require specific attention.
Review reporting material including (i) developer and general contractor progress reports (budget vs. actual, timelines, etc.) (ii) Loan draw requests, pay applications, and bank statements, (iii) leasing activity reports and rent rolls, and (iv) project milestones and pertinent metrics as it pertains to our client’s joint venture investment structure and loan requirements.
Create, maintain, and update financial forecasting and pro forma-to-actual models based on investment performance.
Generate reports and maintain databases for internal use as well as for communication to our client’s investors.
Create financial analysis to evaluate investment opportunities.
Communicate with developers to obtain due diligence material for upcoming investments and maintain due diligence records.
Coordinate due diligence reviews within the company and with outside legal counsel and assimilate findings from reviews into financial analysis.
Conduct internal review of due diligence materials and legal deal sheets.
1-4 years of real estate experience, preferably retail and multifamily development.
Proficient in Excel, Word, and PowerPoint; Basic knowledge in Argus.
Understanding of discounted cash flow modeling, real estate market fundamentals, and capital structures.
Must be able to work within a small-team environment.
Poline Associates is an international executive search firm specializing in the shopping center industry.We serve property owners, developers, retailers and service providers who are seeking remarkable talent and work to align them with candidates who are eager for new growth opportunities. Since 1979, our team has been connecting companies and candidates with a commitment to integrity and client satisfaction—making us the industry’s most trusted leader in recruitment.