Description
Who We Are:
We are a full-service commercial real estate firm serving Austin, San Antonio, Dallas, and Houston with 30 years of experience developing, managing, and investing in commercial real estate. This 360-degree perspective gives us the expertise to maximize investment value while navigating through any real estate challenge. Backed by the best staff in the industry, our mission is to build trusting relationships with our clients through proven results, professional integrity, and exceptional service.
Purpose / Summary of Position:
The Strategic Investments Analyst/Associate will be primarily focused on self-storage with the opportunity to expand into other asset classes under the Strategic Investments platform. Primary duties will be on the asset management front as well as assistance with development/acquisitions. Compensation will be at, or above, market level and this role is full-time in the office with some travel required.
Essential Duties and Responsibilities:
- Asset Management
- Produce quarterly reports, bi-weekly leasing reports, and monthly financial performance reports
- Asset site visits – visit every asset every 6-12 months.
- Manage CapEx across all portfolio properties.
- Track new development within 3 to 5-mile radius of existing portfolio – update quarterly.
- Monthly financial review to identify abnormalities and opportunities for efficiencies.
- Work with operators to finalize annual budgets for each portfolio asset.
- Develop and implement strategic business plans for each asset that will govern its daily operations, position in the market, and ultimate disposition.
- Ensure assets are being operated in a manner consistent with the project’s business plan, joint-venture operating agreements, and loan documents.
- Assist with refinancing/disposition efforts.
- Assist with sale/hold/refi analyses.
- Development/Acquisitions
- Track target markets on a monthly basis.
- Assist with market data on acquisitions and development.
- Assist in the underwriting of potential acquisitions for self-storage and senior housing with the potential to assist with multiple asset types in the future.
- Assist with all aspects of the due diligence and closing processes for new investments.
- Collaborate with the team to generate new ideas and further initiatives
Requirements
Knowledge, Skills, and Abilities:
- Bachelor’s degree required.
- 1-4 years of experience in asset management, underwriting and analysis with a real estate focus.
- No Self-Storage experience required.
- Proficiency in Microsoft Excel, especially as it pertains to building templates and modeling cashflow.
- Knowledge of real estate finance including underwriting, valuation, and debt/equity structures.
- Strong analytical mind with great attention to detail.
- Excellent problem-solving and analytical skills, strengths in spreadsheets, databases, and presentations
- Excellent written and verbal communication.
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