As an Analyst with Hines, you will be responsible for providing analytical support to the asset management team that is required for value-creation on commercial and/or multifamily properties. Responsibilities include, but are not limited to:
- Prepare and maintain property cash flow models in Excel to support budgeting, valuation and investment decision making. Prepare and maintain investment models to calculate investment returns and cash flow waterfalls.
- Participate in the annual budgeting process. Review materials prepared by operating partners and property managers. Prepare summary schedules. Help prepare asset management plans for presentation to senior management.
- Gather and analyze market data to understand each property’s position in the market. Support asset managers to ensure properties are competitively priced relative to their competitive set.
- Provide assistance to asset managers on dispositions and refinancings, as requested. Gather and organize property information; help prepare materials for pitchbooks and deal rooms; help evaluate purchase offers, etc.
- Gather and organize materials used to support property valuations. Interface with third-party appraisers and brokers, responding to questions.
- Assist with requests related to lender reporting, such as preparing cash flow projections to ensure compliance with DSCR and LTV covenants.
- Support the asset management and acquisition teams on various underwriting and due diligence activities.
- Periodically accompany asset managers on site visits to develop relationships with the property team and to evaluate the condition of the property, housekeeping and grounds.
- Attend industry events to learn about innovative technologies, market trends, etc.
Qualifications
Minimum Requirements include:
- Bachelor’s degree in real estate, business administration, finance, accounting, economics from an accredited institution
- One or more years’ experience working for a real estate company, institutional real estate investor or financial institution, with a focus on real estate.
- Ability to read and understand key real estate agreements, including leases, management and leasing agreements, partnership agreements, and loan agreements.
- Strong analytical skills. The ability to gather, organize and clearly summarize information.
- Strong proficiency with Microsoft Excel (familiarity with Power BI is a plus) and Argus
- Ability to communicate clearly and concisely both orally and in writing.
- Independent and self-motivated, but able to function well in a collaborative, collegial environment.
- Well organized with attention to detail.
- Willingness and ability to travel, as necessary.
- Work indoors approximately 95% of the time and outdoors 5% of the time.
- Availability outside of traditional work hours, as necessary.
- Compensation: $107,100 - $123,200