Credit Associate
ACRE - New York City, NY
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ABOUT ACREACRE is a global real estate investment firm founded in 2011, managing discretionary capital on behalf of private and institutional investors with offices in Singapore, New York and Atlanta. ACRE focuses on private equity and debt real estate investments primarily in the U.S. multifamily market. ACRE is vertically integrated and leverages its property, asset and construction management divisions to originate off-market transactions, assist in due diligence and enhance investment decisions.Through a series of private equity and debt funds, ACRE provides investors access to its U.S. real estate platform, comprised of proprietary fund and asset management services which include new acquisitions, tax and legal structuring, debt origination, construction and refurbishment and property management services.ACRE manages over $4.5 billion of AUM having transacted on more than 170 investments and 40,000+ apartment units. Our strategies include value-add investment into existing multifamily assets, new development of multifamily assets, direct loans to institutional owner operators and developers, and structured special situations. ACRE employs directly and through its management affiliates more than 250 professionals globally. JOB DESCRIPTION:ACRE is seeking an Associate to join its credit investment team based in New York. The candidate will be responsible for the analysis of credit investment opportunities, including underwriting, business and financial due diligence, execution, and asset management. The position will require the ability to create complex financial models to analyze various real estate related ventures. Additionally, the candidate will be required to assist in creating investment memoranda, conduct in-depth market research and property-level due diligence. The candidate will work closely with senior partners of the firm.ESSENTIAL JOB DUTIES:Assist senior investment professionals in underwriting, diligence, execution and asset management of direct lending opportunities and other real estate investmentsFinancial modeling and analysis for underwriting and due diligence activities via Excel Research property markets including competitive property sales and leasing dataConduct property-level due diligence including review of leases, property financial information and third-party reportsDevelopment and documentation of transaction rationale and investment strategy, including preparation and presentation of investment memoranda and investor presentation materialsAssist portfolio management and capital raising professionals with asset valuations, investment summaries and presentationsThink critically and analyze information to provide meaningful insight and input to dealsIndependently source new business/lending opportunities and efficiently monitor the deal origination processPromote culture of collaboration and be willing to work cross-functionally to add value across the organizationREQUIREMENTS:Ideal candidate will have 2-4 years of related real estate finance experienceExtensive experience closing multifamily debt and/or equity transactionsSolid understanding of Excel with financial modeling and spreadsheet analysis experienceStrong work ethic, hustle and attention to detailCritical thinking ability and analytical mindset to simplify complex ideas into presentable messagesTeam player with exceptional interpersonal, communication and organizational skillsAbility to thrive in a fast-paced, entrepreneurial environment and take initiative Competitive compensation will be provided, to be commensurate with experience, along with industry standard benefits.
Created: 2025-03-12