CBRE's New York Investment Properties - Institutional Group is seeking highly qualified and exceptionally motivated candidates for a Senior Associate role. Working with senior executives and leaders in their field, this position offers the opportunity to be part of a team that regularly handles high profile sales transactions for some of NYC's most iconic and prestigious trophy properties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The role encompasses a range of responsibilities and skills that are focused on the financial analysis of real estate strategies for commercial office, retail, multi-family, and development site investors. The candidate must have real estate financial analyst experience and demonstrate a strong proficiency in advanced modeling skills. In addition, candidate must be proactive, ambitious, and perform at a high-level in a client-focused, time-sensitive, and collegial atmosphere. Duties and responsibilities include, but are not limited to:
Work closely with senior team members to provide valuations of commercial properties and underwrite assets using ARGUS AE and Excel platforms.
Perform detailed financial analysis and modeling, including cash flow projections, valuation models, and sensitivity analyses with minimal supervision. Create complex waterfall and promote structures in Excel.
Review, analyze, abstract and interpret various real estate documentation, including leases, operating statements, business plans, PCA/Phase I Reports, zoning studies, etc.
Gather, track and maintain critical financial data points for research, marketing and negotiation purposes.
Maintain organized due diligence files and provide updates, follow up and explanations to senior team members.
Develop and prepare sophisticated and tailored client presentations and deliverables, including pitches and offering memorandums
To be considered for this role, please submit your online application along with a cover letter and PDF of your resume.
No formal supervisory responsibilities in this position. May lead project teams and/or assign tasks to co-workers within a project at the direction of senior leadership.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree (BA/BS) from a four-year college or university in a rigorous academic program with a minimum of four years related experience. One to three years of real estate financial analyst experience preferred.
CERTIFICATES and/or LICENSES
A real estate salesperson license will need to be obtained within three months of hire. ARGUS AE and Excel training certification highly preferred.
Highly developed written and verbal communication skills required. Ability to provide efficient, timely, reliable, and thoughtful work-product in a customer-centric manner. Ability to effectively analyze, synthesize, and present information to clients, colleagues, and management.
Requires strong knowledge of financial terms, concepts, and accounting principles and the ability to comprehend and interpret complex financial transactions. Ability to comprehend, analyze and interpret various types of real estate and financial documents.
Ability to comprehend, analyze, and interpret financial information, as well as the ability to accurately explain/report data in both verbal and written communications. Strong analytical, quantitative and problem-solving skills are critical.
OTHER SKILLS and ABILITIES
Strong computer skills, including knowledge of Microsoft Office Suite (Excel, Word, Outlook, PowerPoint, etc.). Strong proficiency in ARGUS AE Excel modeling is a must, with a working knowledge of equity waterfall structures. Exceptionally strong work ethic, team player, and adaptable in a fast-paced environment.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Internal Number: 21013165
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.