Real Estate Special Situations Director

Job description

• Our client is a prestigious investment firm with over $20bn in AUM. They seek to hire a director on the Real Estate Investments team with a focus on distressed and special situations investing.

Responsibilities

The successful candidate will be responsible for underwriting real estate investment opportunities both at the corporate and asset level. This is a small investment team and the senior associate will get responsibility across the entire life cycle of the deal.

Responsibilities of the role include:

• Assist in the underwriting and due diligence of new CRE related investment opportunities across the capital stack

• Structure/Build detailed financial models and asset valuation tools to support investment decisions

• Forecast operating performance, financial projections and business plan scenarios for deal-specific underwriting

• Assisting with creating initial screening memos and final investment memos which will be presented before the Investment Committee

• Assist in the preparation of asset-level recommendations for senior management

• Prepare strategic plans for assigned properties and contribute to overall portfolio plans

Qualifications

• 7+ years total work experience in real estate acquisitions role, real estate special situations or in investment banking

• Significant financial modelling experience

• Advanced Excel knowledge, including ability to summarize data via formulas, lookups, Pivot Tables, conditional formatting, etc.

• Strong quantitative skills and demonstrated analytical and problem solving ability

• Strong attention to detail and ability to manage multiple projects