ShopCore Properties | Analyst/Senior Analyst, ...
ShopCore Properties - new york city, NY
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About Us EQ Office ("EQ") and ShopCore Properties ("ShopCore"), both Blackstone portfolio companies, merged into one entity ("the Company") in September 2024 to drive scale and form a diversified, best-in-class commercial real estate platform. This vertically integrated platform supports a diverse team of 260 office and retail professionals with expertise across acquisitions, asset management, leasing, development, and property management. EQ operates approximately 15 million square feet of commercial office space, while ShopCore operates 9 million square feet of open-air retail centers. Both portfolios stretch across major U.S. markets including Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Seattle. The combined Company fosters a collaborative culture built on the principle of OneTeam. This means individuals work together across teams, functions and time zones to achieve shared goals. OneTeam is the desire to be part of something bigger than yourself - and striving to find a greater purpose. The Company creates a more innovative and fulfilling environment by sharing best practices, with a focus on having a positive impact on employees, customers and communities. OneTeam principles include: Kindness, Respect and Trust Merit Accountability Integrity Essential Transparency Never be Complacent Work Hard and Have Fun Job Summary The Analyst/Senior Analyst, Investments will provide analytical and qualitative support to be reviewed and synthesized by senior team members in the pursuit of office acquisitions. The Analyst/Senior Analyst will assist with the evaluation of markets and submarkets, supports senior team members in the creation of a market-specific investment thesis, and supports the underwriting and execution of office investment opportunities. The Analyst will also engage with regional market leads and work with teams on the development of asset strategies, production of valuations, and disposition coordination and analysis for existing investments. The Analyst must have remarkable organizational and communication skills with an ability to work through complex issues and apply critical thinking skills as they gain experience in the real estate investment space. Essential Job Functions As the Analyst/Senior Analyst, Investments, one is held accountable to, however not limited to, the following job functions: Support new business generation for EQ Office/Blackstone by assisting in the underwriting and executing of new acquisition opportunities - working with the EQ Investments team, market leads, and Blackstone investment team. Collaborate with the Investments team to craft investment materials, including financial models, investment decks, and memos that highlight the investment opportunities and risks. Work with brokers/leasing teams across markets to research and analyze key market trends to inform investment decisions. Assist in the creation of acquisition capital budgets for assets in cooperation with the asset management, development, operational, and regional teams• Support market level deep dives that support investment theses for existing and new markets Drive due diligence teams toward closings Qualifications Undergraduate degree in business or related field• 1-2 years of investment experience, ideally working within a top-tier investment bank, real estate investment firm, or management consulting firm Proactive and able to work independently, handle multiple concurrent projects, and meet deadlines Keen attention to detail and to organization of deal materials and folders Ability to think strategically and act proactively to support investment theses and decision-making Strong Excel and financial modeling skills with a working knowledge of IRR, NPV, and other fundamental real estate metrics; Argus experience a plus• Strong written communication skills; ability to distill complexity into succinct, thoughtful deal memos and emails• Manages self and others in an open, honest, courteous, and transparent manner• Self-aware, self-secure, go getter, who knows the value of a team• Ability to thrive in a collaborative team environment and work effectively with deal team members often spread across multiple geographies, including but not limited to Los Angeles, San Francisco, Seattle, and Atlanta Base Salary Range: ($100-$150k) Total Direct Compensation: This job is also eligible for discretionary bonus on an annual basis. Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO). The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. Closing EEO Statement Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email
Created: 2024-12-14