Summer Street Advisors, LLC ยท 1 month ago
Commercial Real Estate Analyst
Westport, CT
Full-time
Hybrid
Entry Level
1+ years expSummer Street Advisors, LLC is a boutique commercial real estate consulting firm located in Westport, CT. The Junior Commercial Real Estate Analyst will support debt and equity underwriting assignments, conduct market research, and assist in due diligence processes to deliver high-quality work products for clients.
Asset ManagementCommercial Real EstateFinancial Services
No H1B
Responsibilities
Assist the Underwriting team with the underwriting/valuation and analysis of new loan and equity investment opportunities for our clients
Assist in the ordering appraisals process for our bank and fund clients
Assist the Appraisal team with setting up deal, collecting bids, engaging appraiser, and check-in meetings
Consolidate questions in question log and assist in delivering reports
Participate and organize kickoff calls
Perform commercial real estate market research
Assist in the completion of investment memos and ASRs for client credit/investment committees
Review third-party reports including appraisal, environmental, property condition, zoning (PZR), seismic, flood, insurance, and credit reports, to confirm risks have been properly identified and addressed and incorporate them into the deliverable
Analyze the asset/s and the ability of the sponsor to execute on their business plan
Macro and micro market write up and analysis
Research and summarize tenant/sponsor credit worthiness
Abstract leases
Run reports on macro market, micro market, rent comparables and sales comparables (i.e. REIS, CoStar, etc.)
Importing deal information and organizing documents into Summer Street file structure
Support underwriting teams with cash flow spreading and modeling
Support deal teams with the design, development, and modification of commercial real estate finance models
Attend underwriting assignment kickoff, check-in and due diligence calls as directed
Daily management, tracking and distribution of due diligence materials, document checklists and question logs
Assist in new business initiatives
Write site inspection reports and perform site inspections and (potential for business travel)
Qualification
Required
Undergraduate degree or related work experience in commercial real estate, finance or economics
Highly proficient in MS Office Suite
Ability to meet time-sensitive deadlines
Assist in the accurate completion of all assigned client deliverables
Excellent written and presentation skills
Attention to detail and accuracy in data gathering, narrative writing and financial modeling
Must be detail oriented and possess excellent organizational skills
Out of the box thinker that enjoys the challenge of being a member of a fast-paced and dynamic team
Excellent analytical and project management skills
Preferred
1+ years of underwriting or credit analysis or a recent graduate with internship experience
Proficient with complex financial modeling and advanced Excel functions
Argus experience
Benefits
Base salary, and room for career advancement
Networking and career development opportunities
Medical Insurance for you and eligible dependents
401k plan with company match up to 3% and immediate vesting
Dental and Vision insurance
12 Paid Holidays
12 Days of PTO in 1st Year
Ongoing in-house training opportunities and educational opportunities
Team events and team building activities
Hybrid work
Mentorship opportunities
Complimentary snacks and drinks
Direct access to senior leadership
Company
Summer Street Advisors, LLC
Throughout volatile market cycles, resilience is everything.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Jack Mullen, CRE
Founder and Managing Director
Company data provided by crunchbase