Multifamily Investment Analyst
: Job Details :


Multifamily Investment Analyst

Pacific Urban Investors

Location: New York,NY, USA

Date: 2024-12-19T09:05:57Z

Job Description:
About Us

About the Company: Pacific Urban Investors (?PUI?) is an industry-leading multi-family investment firm and pension fund manager. Headquartered in Northern California?s Silicon Valley, PUI is focused exclusively on the multi-family rental space. The firm has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout major MSAs across the United States.

Since its inception in 1998, Pacific has completed well over 275 apartment transactions on behalf of its own account and those of its strategic institutional partners. Today, PUI has five offices, with nearly ninety professionals and an owned apartment portfolio in excess of $8.6 billion.

Pacific Urban Investors' investment strategies include the acquisition and renovation of 10 ? 50-year-old ?vintage? communities, as well as the acquisition of vintage and new multi-family investments for current cash flow and long-term appreciation.

Pacific Urban Investors is an affiliate of The Marcus and Millichap Companies. More information can be found at www.pacificurbaninvestors.com.

Position Overview

Job Description: Currently operating from San Diego to Seattle, Denver, Dallas, Austin, and Atlanta to Boston, Pacific Urban Investors invests in existing multifamily properties. The firm is backed by one of the nation's largest real estate companies and enjoys strategic relationships with some of the largest multifamily investors on the continent.

We are currently seeking a candidate to fill the position of Investment Analyst in our Manhattan office reporting to the Managing Director of Investments to assist in East Coast investment efforts. The ideal candidate will have the analytical skills to accurately underwrite prospective multifamily investments, along with excellent verbal and written communication skills. Additionally, strong interpersonal abilities are needed to interface with brokers, owners, and internal executives. These types of positions are best suited for candidates with long-term aspirations of becoming Investment Officers with sourcing responsibilities.

Primary Duties & Responsibilities:

  • Create and prepare valuations for potential acquisitions utilizing Microsoft Excel ? using our internal models to incorporate market data, your initiative, and intuition into each valuation
  • Research and analyze numerous submarkets, both from the desk and ?in the field, to gain intimate knowledge of targeted opportunities
  • Track rent, sales, and new development activities in each of the submarkets
  • Assist in conducting and coordinating due diligence activities involving the audit of leases and financial operations, analysis of market competitors, synthesis of third-party reports, assessment of physical deficiencies and renovation opportunities
  • Prepare and present materials to Pacific?s Investment Committee
  • Participate in various analytical projects as required by the Investments Department
  • Some travel will be required
  • May perform other duties as needed

Education & Experience:

  • Bachelor?s degree required
  • 1 - 2 years of experience underwriting real estate investment properties; experience with multifamily preferred
  • Strong proficiency in Microsoft Excel is required, as well as proficiency with MS Word & PowerPoint
  • Demonstrated ability in interpersonal and business communications; excellent writing skills are required

Notes:

  • For consideration, please reply to this job posting
  • No phone calls or emails to members of the firm
  • Pacific would like to thank you for applying; however, due to the volume of responses received, only qualified candidates will receive a response
  • Local candidates only, no relocation expenses provided

Benefits Overview:

The compensation plan for this role will be commensurate with the skills required for the position. As such, it will be comprised of a base salary and an annual performance-based incentive which is determined upon individual and portfolio performance. The Company offers a comprehensive benefits package to include:

  • Paid Time Off + Paid Holidays
  • Paid Sick Time
  • 401k + Employer Contribution
  • Medical (H.S.A./HDHP option w/ Employer Contribution)
  • Dental
  • Vision
  • Flexible Spending Accounts
  • Group Term Life/AD&D
  • Voluntary Life/AD&D
  • Long-Term Disability
  • Buy-Up Long-Term Disability
  • Employee Assistance Program
  • Other Voluntary Plans

Depending on the role, other benefits such as commissions, an educational assistance program (tuition reimbursement), a referral program, and/or car allowance may be applicable.

Apply Now!

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