Our client is a full-service, vertically integrated private equity real estate investment company specializing in the acquisition, development, construction, operation, and management of commercial property. Their primary emphasis is on the acquisition and development of high-quality neighborhood, regional and power shopping centers and the establishment of vibrant community assets. Since its formation in over 40 years ago, our client has remained a private, family-owned and operated company that takes great pride in maintaining quality properties and cultivating superior relationships with our tenants and strategic partners.
Duties and Responsibilities:
Responsibility for analyzing and underwriting commercial properties and development opportunities. This requires knowledge of market drivers, economic trends, leases, and operating expenses. A specific emphasis will be on redevelopment/repositioning opportunities.
Assist with financial analysis & asset underwriting to determine asset values, asset upside, and key risk factors.
Assist with property due diligence to fully understand the risks & opportunities of final acquisition candidate properties.
Own the budget and reforecast process – including, but not limited to, coordination with others on inputs, management of deadlines, detailed review of inputs for completeness and accuracy, review of analytics year over year, etc.
Ensure accurate and timely submission of budget or actual results to the leadership team and provide analysis of budget to actual variance to key stakeholders
Monitor the budget for any upcoming changes (e.g. planned lease up, tenant rollover, etc.) that the team needs to be aware of and be actively managing
Centralize, organize and maintain all Company metrics and analytics
Lead the compilation of and delivery of the Company’s board book, call speech, advisory package, investor package, and other related material
Research competitive peer set metrics (through SEC filings, analyst reports, etc.) to improve the Company’s catalog of metrics as well as understand the Company’s position relative to its peers
Research and maintain anchor metrics to assist the Company in evaluating anchor financial strengths/weaknesses
Maintain data on tenant sales and analysis
Track underwriting versus actual results for acquisitions to determine points of improvement for our underwriting models
Design and maintain the corporate model, which includes cost of capital assumptions, projected FFO, and cash flow available for distribution
Prepare and submit lender reporting packages
Other projects as needed
Bachelor’s degree from a four-year college or university required with a concentration in Finance
Yardi and Argus experience
Advanced skills in Microsoft Office, particularly in Excel.
Commercial real estate experience, preferred.
Ability to produce efficient, timely and reliable results to internal and external customers. Work independently and be responsible to monitor critical deadlines. Ability to multitask and take direction from multiple parties in order to meet deadlines.
Excellent written and verbal communication skills. Ability to interact effectively and professionally with a wide variety of parties.
Strong organizational, analytical, and quantitative skills.
Ability to think creatively and resolve problems. Ability to solve problems involving several options and solutions.
Willingness to work hard in a transaction-oriented
Ability to effectively present information.
Ability to comprehend, analyze and interpret complex documents.
Team player with a high level of integrity and ethics.
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.