REAL ESTATE INVESTMENT/ASSET MANAGEMENT PROFESSIONAL

Role & Responsibilities
Buchanan Street Partners, a national real estate investment manager based in Newport Beach, CA, seeks an acquisitions and asset management professional to assist with making and managing institutional-quality property investments and conducting various portfolio management functions.  The position will report to a partner/portfolio manager and functions will include:

  • Underwriting real estate investments – primarily property acquisitions but possibly including debt, mezzanine loans and other structured finance investments:
    • Cash flow modeling, including DCF valuations through Argus
    • Analysis of market data and trends to develop underwriting assumptions
    • Identification and analysis of comparable sales
    • Preparation of investment summaries, proposals, committee memoranda
    • Conduct and management of due diligence processes
    • 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
  • Analytics relating to asset management – working with the portfolio manager and Buchanan’s asset manager, the professional will perform analysis relating to leases, capital expenditures, hold/sell analyses, and the like.
  • Coordination of annual budget preparation for various portfolios, including working with the asset managers to procure property-level budgets and preparing consolidated portfolio budgets
  • Managing portfolio functions including contributions and distributions, quarterly reporting, appraisal coordination, annual business plans, and investor approval recommendations

Required Background & Skills
The successful applicant will have a minimum of 3 years or more (3 to 5 years, probably ideal) of directly relevant experience with a real estate investment company.  A 4-year degree is required (business/economics major preferred); any graduate work is a plus.  The selected candidate will have the following skills:

  • Argus modeling and discounted cash flow analysis
  • Extensive experience modeling real estate investments, including “waterfall” cash flows and carried interest structures in Excel
  • Capital and operating budgeting experience
  • Strong writing and presentation preparation skills
  • Experience and relationships in Western U.S. property markets a plus
  • 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@buchanananstreet.com
For more information on Buchanan Street Partners, please visit www.buchananstreet.com.