The Associate/Sr. Associate – Asset Management will be responsible for portfolio-level cash flow modeling, assisting the team in monitoring and improving the investment performance, investor communication, as well as support capital markets activities. This position is based in Chicago, IL.
Ownership of investment models, updating returns and variance to budget analysis, distributions, fees & promotes
Leadership in the preparation of quarterly investor reporting and fund reporting.
Coordinate third-party appraisals and be responsible for quarterly internal property valuations
Assist Starwood Capital Group’s capital markets team on the origination of new debt and refinancing activity.
Communicate with areas of fund operations, FP&A, leasing & development to become the advocate for and expert on assigned properties.
Run portfolio and property-level financial analyses assessing the impact of redevelopments, expansions, leasing activity and operations on return projections.
Assist with presentations and analysis for senior management and the Board of Directors
Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of both present value and cash flows through Argus Enterprise
Gather and evaluate economic and market data, including recommendations for peripheral asset sales.
Work with the Starwood Capital Group investment teams in transitioning acquisitions and reviewing potential asset sales.
The successful candidate will have demonstrated experience in a similar role.
A Bachelor’s degree in a real estate, finance, accounting, economics or related field
4+ years of work experience in a financial analyst capacity and within the real estate field.
Knowledge, Skills and Abilities:
Superior command of private equity and public market investment concepts: IRR, Real Estate NAV, Relative Valuation, DCF, NPV, cash flow models & earnings models
Highly skilled in modeling investments in Microsoft Excel
Experience with origination of new debt or refinancings, including preferred equity
Strong financial and analytical ability
Familiarity with Argus Enterprise preferred
Professional and Personal Characteristics:
Demonstrated organizational skills.
Strong analytical and technical skills.
Good financial acumen.
Outstanding oral and written communication skills and the ability to interact with a broad constituency.
Results-oriented and high energy.
Highest level of personal integrity.
Ability to multi-task in a fast-paced environment.
Ability to prioritize work and meet deadlines.
Passionate and committed to his or her own personal and professional development as well as that of his or her colleagues.
Creative and innovative approach to solving problems and resolving issues.
Systems-oriented with deep knowledge and familiarity with Microsoft Office Suite and the ability to work with database systems.
Starwood Retail provides equal opportunity to all employees and applicants for employment, without regard to race, color, religion, sex, age, national origin, disability, marital or veteran status, or sexual orientation.
Starwood Retail Partners ("SRP") is a retail real estate platform focused primarily on regional malls and lifestyle centers. SRP will acquire, redevelop, manage and reposition retail real estate assets in order to enhance property cash flow and create long-term value for its capital partners. Formed by Starwood Capital Group in 2012, the global private real estate investment firm, and its affiliates, SRP seeks to capitalize on opportunities in the ever-changing retail landscape through a unique combination of talent, experience and execution capabilities. SRP brings to each of its investments hands on experience in management, leasing and redevelopment. SRP’s goal is to acquire, manage, reposition and re-develop market dominant shopping centers into enduring one-stop shopping destinations of the future.