Perform asset management analyses with an emphasis on developing Argus models and property valuations for properties within the portfolio. Additional responsibilities include:
Essential Duties & Responsibilities:
Perform net present value analysis for properties within the portfolio.
Analyze the impact of lease transactions and capital projects to property value and yield.
Review assigned sections of the monthly MAP report to ensure assumptions and forecast are consistent with the investment strategy for the asset, ensuring timely deliverables for property distributions and contributions.
Update property valuations and investment strategies.
Develop and produce required reporting to lenders, partners, and Shorenstein senior management.
Work with Capital Transactions to complete transition-related tasks including: developing budgets, reviewing leases, reviewing offering memorandum, responding to lenders to resolve underwriting questions, reviewing loan documents, and running models to show budget implications.
Assist in the review of the annual operating budget to confirm consistency with property strategies.
Work with Property Management to coordinate and oversee the preparation of lender draw requests and present to Asset Manager for approval.
Provide excellent customer service to both external and internal customers.
Essential Skills & Qualifications
General knowledge of real estate valuation as evidenced by a minimum of 2-3 years of experience in a related function.
Advanced proficiency in Microsoft Excel and Argus financial modeling software program.
Extremely strong communication skills.
Demonstrated ability to perform quantitative and qualitative analysis of assets using financial modeling techniques.
Demonstrated ability to define problems, to collect data, to establish facts, and draw valid conclusions. Demonstrated ability to interpret a variety of information including information in technical and/ or mathematical form, and deal with several abstract and concrete variables.
Bachelor’s degree (B.A. or B.S.) in Finance or related field from a four-year college or university.
Shorenstein is one of the country’s oldest and most respected real estate organizations active nationally in the ownership and operation of high-quality office properties. More recently, Shorenstein has made selective investments in multifamily rental properties. Due to its success over many years and multiple real estate cycles, Shorenstein has established its reputation as a creative and knowle...dgeable investor. The company is privately owned and is headquartered in San Francisco. The company’s current portfolio totals 26.3 million square feet in 18 markets, with a gross value of $8.2 billion.