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Franklin Templeton · 2 months ago

Asset Management, Housing - Senior Analyst

NY1MFL14CL

Full-time

Onsite

Mid, Senior Level

$95K/yr - $110K/yr

2+ years exp

Clarion Partners is a leading real estate investment manager headquartered in New York, focusing on a broad range of real estate strategies. The Senior Analyst will support asset management by overseeing investment portfolios, analyzing performance metrics, and assisting in the development and execution of property strategies.

Financial ServicesHedge FundsProfessional ServicesWealth Management

Responsibilities

Support asset management in overseeing and developing strategies for a portfolio of investments

Responsibilities include analyzing performance metrics, retrieving data from internal and external sources, and communicating key insights to Asset Managers, Portfolio Management, and other stakeholders

Focus primarily on multi-family apartment investments, ranging from ground-up development to value-add renovations and core/stabilized investments

Assisting in the development of property strategies, and in the measurement of and improvement upon property and organizational performance issues

Preparation of property and local market aspects of the quarterly and annual property reports, as well as for assigned elements of the annual property business plan

Supports team as part of the acquisition due diligence process or during the annual business planning cycle, in evaluating relevant operations and capital program strategies

Assist with underwriting new investment opportunities

Participate in acquisitions and asset management due diligence including lease reviews, pro forma analysis, including undertaking detailed analyses of a property's (1) tenants and in-place leases; (2) operating and financial statements; (3) market and competitive position; (4) engineering and environmental condition; (5) taxes, insurance and service contracts; and (6) other pertinent property-level factors and market feasibility review

Review annual operating budgets and assist in annual business plan preparation and presentation

Assists in the approval process for capital expenditures within property business plan parameters

Conducts quarterly internal valuations and supports third-party appraisal process, including the review of such appraisals

Prepare hold/sell analysis’ for disposition candidates, review BOV materials, and assist in the marketing/closing process

Participate in regularly scheduled property leasing calls and meetings, while cultivating relationships with the property management and brokerage teams

Assist with acquisition, development, and disposition transactions

Monitor and analyze the financial performance of the properties and portfolios, primarily through review of monthly property financial reports

Maintain portfolio models

Assist with preparation and review of portfolio level and client reports

Maintain property valuation files

Analyze lease transactions

Prepares hold/sell analyses

Assist with special projects and ad-hoc reporting as needed

Up to 25% of the analyst’s time may be spent on transactions, portfolio management, or research tasks

Qualification

Financial analysisExcel proficiencyArgus EnterpriseReal estate knowledgeProactive attitudeInterpersonal communicationOrganizational skillsWriting skillsTeamworkAttention to detail

Required

Bachelor's degree in real estate or finance

2 years postgraduate experience

Strong skills in financial analysis and modeling – proficiency in Excel, Word, and PowerPoint required

Ability to complete detailed analyses and to make well-reasoned and decisive recommendations required

Must be able to work independently and as part of a team to meet deadlines and complete projects with minimal supervision

Ability to interface professionally with individuals throughout various departments in the firm (acquisitions, asset management, finance, portfolio management, marketing and research) as well as third party firms, partners and industry leaders

Strong interpersonal communication, writing skills and exceptional organizational skills and the ability to prioritize work effectively

Excellent organizational skills, interpersonal and writing skills and high level of attention to detail

Candidates should be proactive and self-motivated with a strong work ethic and integrity