This position will work directly with the Director, Portfolio Manager and Principals to acquire and manage assets for a multi-strategy long-term real estate investment portfolio.
Qualified candidates will have industry experience in analysis/asset management of commercial real estate investments. The Analyst will play an active role in evaluating, underwriting, and transacting on a range of investment opportunities across the country, utilizing sophisticated financial models and ARGUS software. The individual will be part of a collaborative workplace, supporting and working on all aspects of real estate investing, including joint ventures, real estate funds, co-investments, and other real estate related alternative investments as well as active portfolio management across office, multifamily, industrial, mixed-use, and retail assets.
Duties and Responsibilities
Assist in preparation of financial analyses for prospective real estate investments including detailed cash flow projections, market and property due diligence, financing, and partnership modeling.
Assemble and review basic property information, leases/rent roll analyses, market and economic research, legal documentation, and other applicable information for various deals and investment markets.
Participate in regular pipeline and investment committee meetings regarding potential acquisitions, including preparation and maintenance of pipeline reports.
Aid in preparation of detailed investment memoranda.
Analyze and report on the financial performance of existing assets utilizing Excel/Argus.
Analyze and report on construction and development projects in coordination with operating partners and construction consultants.
Assist in preparation and review of asset-level annual budgets and business plans.
Coordinate asset appraisal process, review annual appraisals for accuracy and provide feedback to appraiser.
Analyze lease transactions and assist in the preparation of lease agreements, including coordinating with legal counsel, lenders, operating partners and leasing brokers.
Assist in preparation of quarterly reports including review of rent rolls, leasing, returns, operating statements, legal matters and capital expenditures.
Review and analyze quarterly operating performance of portfolio properties.
Interface with leasing/sales brokers, property managers, lenders, operations and accounting teams, legal counsel and other market contacts to obtain information pertinent to existing assets as well as pursuit and disposition efforts.
Work with operating partners to ensure accurate and prompt delivery of operating results and other reporting requirements.
Critical Technical Skills
High level of proficiency and experience in Excel and ARGUS; thorough knowledge of other MS Office Products.
Experience with complex financial modeling, including cash flow models, sensitivity tables, debt and equity waterfall structures, and other financial analyses required to evaluate and pursue commercial real estate opportunities.
In-depth understanding of real estate investment factors and valuations, coupled with a general understanding of finance, accounting, leasing and capital markets terms and concepts.
Extremely strong quantitative and analytical skills with an attention to detail.
Internal and External Contact
Internal. Primary interaction with real estate department Principals, Portfolio Manager and Director. Secondary interaction with Investment Committee and Tax department.
External. Primary interaction with real estate brokers and third-party service providers as necessary.
Critical Behavioral Competencies
Communication Skills. Communicates, both in verbal and written form, complex financial information that results in target audience understanding. Demonstrates ability to adhere to strict confidentiality requirements.
Relationship Building. Brings the appropriate mix of listening, responding to guidance, education and influence skills to each situation.
Team Building Skills. Proactively contributes to the sharing of information, resources, time, and expertise across and within departments in order to ensure excellent client service.
Independence and Entrepreneurial Spirit. Excellent organizational skills with the ability to work independently, prioritize, and multi-task. Highly motivated with excellent interpersonal skills and the ability to interact with the real estate community and grow within an entrepreneurial and thriving investment organization
Educational Background. Candidates for this position should have a Bachelors Degree with a preferred focus in business, real estate, finance, computer science, or accounting.
Job-related experience. Candidates are expected to have a minimum of 1 year of experience in commercial real estate and basic familiarity with all commercial real estate asset classes including office, retail, multifamily, industrial, and hospitality.
Application Knowledge: A thorough knowledge of Microsoft Office Products is required (Excel, Word, Outlook, PowerPoint, etc.). Strong Excel and ARGUS skills required.
Licenses, Certificates, Registrations or Other Specifications. Participation in or completion of Program is preferred. Must be authorized to work in the United States.
Note: This job description indicates the general level and nature of work expected of an incumbent. It is not intended to address or contain a comprehensive listing of all duties, responsibilities, tasks or activities that may be required of an incumbent. An incumbent in this job may be requested to perform other duties as required. Nationwide travel may be required over time.
About Kinship Capital
Kinship Capital is a real estate investment firm founded on 125 years of family business success. The company makes growth oriented and duration driven investments in the U.S. across a variety of product types including office, retail, hospitality, multi-family, and industrial real estate. Our team leverages its institutional scale portfolio while bringing an entrepreneurial approach to the investment process. Kinship has the added advantages of structural flexibility and a 50 year investment horizon. Building on seven generations of family legacy, Kinship Capital is committed to the next century of success.
Kinship Capital is an equal opportunity employer and is committed to developing and maintaining a diverse workplace.