CBRE Investment Management · 3 weeks ago
Associate, Commercial Asset Management- CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm. The Commercial Asset Management Associate will work with the South Regional Asset Manager and Analyst across various asset classes to maximize asset value through optimizing occupancy and managing capital.
Financial Services
Responsibilities
Financial Modeling - Valuation, Disposition, Acquisition, and Financing Collaboration:
Financial Modeling – build, audit, maintain, and own financial models (in ARGUS and Excel) for valuations, hold-sell analyses, reforecasts, and lease analyses across all assigned asset
Valuations – collaborate with Portfolio Management and external appraisers to review quarterly appraisals, and/or internal valuations
Dispositions – lead hold-sell analyses, analyze BOVs, gather due diligence materials, and prepare investment committee memorandums
Acquisitions – collaborate with acquisitions team on new deals and developments to ensure underwriting is consistent with market conditions
Financings – work with capital markets team and Lenders on financings, refinancings, and restructurings
Assist Asset Manager and Property Management teams in the creation and execution of annual budgets and business plans for the properties in accordance with portfolio strategies
Partner with accounting, portfolio management and/or joint venture partners to prepare quarterly property reports for separate accounts
Review property performance relative to business plan, quarterly lender reporting and annual expense reconciliations
Work with third party brokerage partners to develop leasing strategies and marketing collateral for your assets.Analyze lease economics, respond to LOIs and negotiate leases
Partner with Asset Manager, Acquisitions team members to become market experts, tracking sales & lease comps along with local market trends
Provide direction and oversight to tax & insurance consultants, and construction managers, to complete capital improvements projects
Qualification
Required
Minimum of 6 years of related experience in financial analysis/real estate asset management
High level of proficiency ARGUS Enterprise and MS Office Suite (Excel, PowerPoint, and Word)
Experience with financial modeling, including cash flow models, IRR calculations, discounted cash flow valuations, and sensitivity tables
Excellent verbal and written communication skills to effectively present information to colleagues, senior management, and clients/investors
Collaborative mindset to work effectively with cross-functional teams, combined with ability to work independently
Strong attention to detail & organization skills with the ability to manage & prioritize multiple responsibilities
Experience reading and interpreting joint venture documents and loan agreements
Ability to mentor and develop analysts and senior analysts
Desire to interact with the real estate community to develop relationships with partners and brokers (leasing, investment sales and capital markets)
Ability to travel up to 35% of the time
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
Preferred
Undergraduate degree in real estate, accounting, finance, economics or related field preferred