Senior Analyst Acquisitions
CenterCal Properties - Orange County, CA
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At CenterCal Properties, our mission is to create world class retail and mixed-use environments that uplift communities. We stand as a beacon of innovation, quality, and inclusivity. Located in Orange County, CA, we are currently seeking a Senior Analyst Acquisitions with a diverse skillset to join our team, someone who embodies our values of Creative Persistence, High Standards, Being Resourceful, Delivering Today, Integrity is Non-Negotiable, Advocate, Collaborate, Commit, and Building Great Teams Through Diversity, Equity & Inclusion.In addition to a competitive compensation package (base salary + discretionary bonus), CenterCal offers a comprehensive benefits package and company culture that's offers flexibility, is collaborative, family-oriented and focused on the health and well-being of its strongest asset - all employees!Medical, dental, vision, short-term disability, long-term disability and a group term life benefit.401k plan - Under the Company's current benefits package, eligible employees can begin participating after 90 days of employment. Company will match 100% up to the first 3% and 50% of the next 2% for a maximum of 4% depending upon your contribution percentage.Financial advisement services through the company's 401k advisor.Unlimited PTO PlanCompany paid holidays - all Federal holidays (excluding President's Day) plus Juneteenth and the day after Thanksgiving and Christmas Eve.Two paid community service days - one individual volunteer day and one company-sponsored.Flexible spending accounts and more!GENERAL PURPOSE: The Senior Analyst Acquisitions is the keeper of projects and will be responsible for supporting all aspects of the acquisition process. The key aspects of the acquisition process include sourcing new acquisition opportunities, running proforma analysis to explore feasibility of potential new deals, assessing project risk, and managing the due diligence process. The Senior Acquisitions Analyst will also have primary responsibility for the creation of investor/lender presentation packages, preparation and tracking of budgets to ensure projects are completed on schedule, within budget, and in compliance with the terms of investor approvals and equity and debt agreements. KEY RESPONSIBILITIES/DUTIES: Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job. Responsibilities include but are not limited to:UNDERWRITING: The Senior Analyst will support the underwriting process and be the primary lead on the financial proforma for new acquisitions.DUE DILIGENCE: The Senior Analyst is responsible for leading and managing the due diligence effort when pursuing projects under contract. This includes collecting and managing the review of all potential risks and value drivers including title documents, project entitlements, environmental documents, soils analysis, etc.PLACEMAKING: In collaboration with a team of internal and external stakeholders and the project design consultants, lead design vision for creation of exceptional public space and retail environment. Interface with the landscape architect and engineering design team working on design of plaza and streetscape and infrastructure improvements adjacent to all 4 sides of a building to create seamless indoor/outdoor experience in all parts of the built environment. Work with leasing team to identify and cultivate office, retail and food and beverage tenants to create a unique visitor experience and project amenity for destination visitors and on-site residential tenants. Work with commercial office brokers and the internal leasing team to market office space and ensure key users are accretive to the vision.PREPARING INVESTMENT COMMITTEE AND FINANCE PACKAGES: The Senior Analyst will be responsible for tracking cost estimates, financial projections and investment return metrics; and, for preparing investment committee packages for internal review and finance packages to be sent to potential lenders and equity partners for projects under due diligence.FINANCING AND CLOSING: Once financing commitments have been obtained, the Senior Analyst shall help collect the information requested by or set forth in the checklist of the lender or equity partner. The Senior Analyst shall have primary responsibility for coordinating with senior executives to ensure that the necessary entities are formed on a timely basis and required corporate approvals are in place to complete the transaction on schedule.POST CLOSING / ASSET MANAGEMENT: After the transaction is closed, the Senior Analyst will coordinate third party service provider contracts and marketing agreements, manage the monthly draw process and communication with the lender and equity partner, track job cost against budget and report to management on projected savings or overruns. Additionally, the Senior Analyst will attend bi-weekly project meetings and coordinate with construction, tenant coordination and property management.MINIMUM QUALIFICATIONS: The following are the minimum qualifications which an individual needs in order to successfully perform the duties and responsibilities of this position. Please note that the minimum qualifications may vary based upon the department size and/or geographic location.ExperienceA minimum of 2 years related experience in real estate principal investment, brokerage, credit, or banking with exposure to retail, office, and multifamily investments required. Candidates will ideally have a background in real estate investment and finance. Must have experience with financial valuations and evaluations of property. Must show prior experience and success derived from taking initiative and understanding both the quantitative and qualitative sides of the business.Education and TrainingBachelor's degree in finance or real estate. Strong preference towards advanced degrees focused in real estate - MBA w/ real estate concentration, MSRE/MSRED/MRED.Core SkillsKnowledge of key financial concepts and metrics as they relate to the retail/office/multifamily real estate industries are fundamental. Thorough understanding of using Excel and Argus Enterprise to build financial models with various deal structures, waterfalls, and sensitivity analysis. In addition to financial analysis skills, will be beneficial. Strong communication skills required.Special Skills and Attributes Given the uniqueness of the vision and high degree of attention to detail on a typical project, it is likely that candidates may come from diverse backgrounds and perhaps not a traditional real estate investment background. In particular, we seek someone who:Has experience creating dynamic experiences for people to gather, play and live;Is visionary in seeing potential for culture making as a sum of parts;Is a connector who is tapped into creative and entrepreneurial energies, who sees trends as they are emerging, particularly in the midst of changing retail and real estate trends;Has the energy and skills to communicate and sell a vision;Has a high degree of tenacity and persistence. Further, we are looking for someone to join our office that brings a positive attitude, enjoys collaborating as part of a team, learns quickly, takes initiative and proactively tackles new challenges and is willing to pitch in where needed. PHYSICAL DEMANDS: In general, the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job. Nature of work requires an ability to effectively communicate and exchange information, collect, compile and prepare work documents, and operate standard business office equipment.WORK ENVIRONMENT: In general, the following conditions of the work environment are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job within the environment.Work performed in a general office environment and on property.About CenterCal PropertiesCenterCal Properties is a creative mixed-use development and investment platform and is one of the most active retail investors in the United States. The company has a multibillion portfolio of Class A projects in high-growth MSAs where we maintain prominent positions in the market to successfully execute new top tier real estate projects. As CenterCal continues to evolve with the ever-changing real estate business, the company intends to maintain its lead as a driver of change with an unrelenting passion to deliver the highest quality assets and value through our projects. Over the 20+ year history of the company, our acquisition criteria has evolved into a diverse program of pursuits that include grocery anchored projects, value-add re-positionings, and large ground up mixed-use developments. We believe real estate is local and the best people to further our success will be part of the communities we serve. For this reason, we are seeking to attract and retain the best people in the business who wish to grow with us into future leaders of the Company. We believe we have an incredibly bright future and want to hear from future leaders who have the qualities to contribute to our collective success.
Created: 2025-01-15