Multifamily Real Estate Asset Management / Acquisitions Analyst

MULTIFAMILY REAL ESTATE ASSET MANAGEMENT / ACQUISITIONS ANALYST

Role & Responsibilities

Buchanan Street Partners, a national real estate investment manager based in Newport Beach, CA, seeks an investment professional to assist with the asset management, oversight, and the acquisition/disposition process of institutional-quality property investments. The position will report to a partner/manager and functions will include:

  • Active coordination with portfolio managers and asset managers in team-oriented approach to asset management, day-to-day operational oversight, underwriting assumptions for new acquisitions, due diligence and closing
  • Oversight will include:
    • Monthly Reporting and budget variance overview
    • Prepare monthly capital/distribution calls
    • Approval of monthly payables after thorough review and comparison to budget
  • Underwriting Multifamily investments in Buchanan’s Western U.S. target markets:
    • Cash flow modeling
    • Analysis of market data and trends to develop underwriting assumptions
    • Identification and analysis of comparable sales
    • Preparation of investment summaries, proposals, committee memoranda
    • Assist with the due diligence process
    • Execution of transaction closings
  • Assistance with transaction financing, including preparation of financing memoranda, providing lender due diligence materials, analysis of competing bids, and closing coordination

Required Background & Skills

The successful applicant will have 1-3 years of directly relevant experience with a real estate investment company. A 4-year degree is required (business/economics major preferred); The selected candidate will have the following skills:

  • Asset Management experience with multi-family properties (Experience in commercial is helpful)
  • Experience modeling real estate investments, including “waterfall” cash flows, and carried interest structures in Excel
  • Strong writing and presentation preparation skills
  • Team orientation, “extra mile” work ethic, firm culture contributor/carrier

Title & Compensation

To be determined; commensurate with skills and experience

Contact

Shana Baker, Vice President – 949-717-3162, sbaker@buchananstreet.com
For more information on Buchanan Street Partners, please visit www.buchananstreet.com.