Asset Management Analyst

Simone Development Companies is seeking an Asset Management Analyst to support the asset management team. The Analyst will assist with underwriting new investment opportunities and assist in the management of the overall financial performance and investment strategy of its approximately seven million square foot portfolio. The Analyst will be a generalist and will focus on underwriting, due diligence, asset management and market research across office, healthcare, industrial, retail, and mixed-use asset classes. The Analyst will work closely with the Development, Leasing, Property Management, Accounting, Legal and Financing Departments. The ideal candidate will be self-motivated, organized and an independent thinker.Key Responsibilities: Underwrite new acquisitions of stabilized, value-add and development propertiesCreate and maintain detailed, dynamic cash flow models that include complex capital structures and sensitivity analysesAssist in identifying, sourcing, analyzing and presenting new acquisitionsAssist with underwriting new acquisitions of stabilized, value-add and development propertiesSupport investment due diligence processInterface with internal and external parties including leasing/sales brokers, lenders, accounting teams, legal counsel, property managers and other market contacts as neededStay abreast local market trends by gathering and analyzing market research, including sales and lease comparables, with ability to create market reports to present to senior managementBuild and maintain Argus modelsMonitor, track, and analyze individual and portfolio investment performance compared to business planAssist with the annual budgeting process for operating properties and manage internal deliverables and timelines from property management, leasing, and construction teamsAssist and manage the preparation of institutional-quality asset management reports including monthly variance reports, various ad hoc reports, and business plans with the ability to effectively communicate with senior managementAssist with the preparation and updating of annual and quarterly cash flow forecasts with property level information to evaluate potential distributions or capital callsWork with senior members of the team to drive value creation by evaluating financial and operational performance, capital expenditures, revenue generation and expense reduction opportunitiesDevelop and maintain dashboards, financial models, templates and analyses to monitor asset performance relative to business planAnalyze potential lease transactions on an NER, IRR, and NPV basis utilizing ARGUS and excel based models to assist with leasing decisionsDraft and review term sheets for lease and purchase transactionsAssist in capital market initiatives with analytical and due diligence support with respect to financings and recapitalization transactions as well as and monitor lender compliance of existing loansEffectively communicate relevant financial and project information to senior managementAssist with the preparation of internal asset valuations using various appraisal methodologiesThis job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.Formal EducationBA/BS degree in finance, real estate, or related fieldExperience2-3 years of relevant commercial real estate work experience in acquisitions, commercial brokerage, investment banking or valuation, preferably with exposure to office, industrial, retail, and healthcare asset classesAdditional Comments on Knowledge, Education, and ExperienceStrong quantitative, financial analysis and modeling skills and demonstrated analytical abilityAdvanced knowledge of Microsoft ExcelArgus Enterprise experience required; certification preferredKnowledge of Yardi Enterprise a plusExcellent written and verbal and communication skillsRobust understanding of commercial real estate, leasing, finance, and accounting fundamentalsKey AttributesAbility to work independently and collaborate with various departmentsOrganizational skills and a keen attention to detail, with the ability to work on multiple projects and assignments simultaneouslySelf-starter with positive attitude and strong work ethicAbility to work in a dynamic and collaborative environmentIt is the policy of Simone Development (SIMDEV) to provide equal employment opportunities to all qualified individuals without regard to race, color, creed, religion, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity or expression (including transgender status), age, marital status, familial status, citizenship status, disability or genetic information or handicap or status as a Vietnam-era or special disabled veteran in accordance with all applicable federal, state and local laws.Recruiters need not reach out. The organization is sourcing candidates directly at this time.

Created: 2025-03-08