SCI, the leading search firm in the real estate industry, is seeking an Acquisitions Analyst to join an innovative New York City-based real estate firm focused on value-add, multifamily properties.
The position will be a key member of the team supporting senior company management by analyzing potential acquisitions and investments and ensuring that projects are optimally structured and adequately funded. They will be expected to work on multiple projects at the same time. The position can be based in the NYC office OR work from home throughout the tri-state region.
Our client is a young and growing firm that recently closed its latest fund with $300 million in equity commitments from institutional investors, and is also raising it's third fund of $600mm. The Acquisitions Analyst will have significant exposure to senior leadership and the opportunity to shape the operations and culture of the company in a significant way as it grows.
Responsibilities:
- Financial analysis - analyze and underwrite potential acquisition and development opportunities to include cash flow modeling, property valuations, investment analyses and joint venture structuring.
- Due Diligence - support the transaction due diligence and closing processes; collect due diligence materials and assemble data rooms, utilize information to adjust underwriting, handle follow-up information requests, review due diligence materials.
- Research - monitor and review market research, industry data, precedent transactions.
- Analyzing, negotiating, and closing senior mortgages, construction loans and other credit facilities.
- Providing ad hoc financial analysis for renovation projects, joint ventures, and other equity investments.
- Collaboration and coordination across internal departments, including construction, asset management, portfolio management, and accounting.
- Interaction with senior management from lenders, third parties, and joint venture partners Inform construction team and other professionals on what level of budget is feasible.
- Preparation and advice on the development and operating budgets within the restrictions of the funding programs, investigation and comparison with costs associated with similar-sized projects.
- Meetings and discussions with appropriate governmental agencies to discuss project concept and feasibility as well as funding availability.
- Completing the necessary documentation for accountants on project certifications.
Requirements:
- Bachelors Degree preferably with a concentration in Real Estate, Finance, Accounting or Business related degree. Advanced degree a plus.
- 1-5 years of relevant experience with deal experience as either a developer, banker, consultant or equity investor.
- Self-motivated and hard-working.
- Strong analytical skills and quantitative skills with advanced skills in financial analysis.
- Knowledge of corporate finance, accounting, and valuation methodologies.
- Proficiency with Microsoft Office suite, with proficiency in Excel.
- Highly organized, detail-oriented, motivated, and able to multi-task effectively in a deadline-driven environment.
- Excellent oral and written communication skills.