Create and evaluate complex financial models related to commercial real estate developments and investments. Support a team of asset managers and investment professionals by evaluating the financial feasibility of office, residential, hotel, industrial, life sciences and mixed-use properties.
Specific responsibilities include:
> Create and maintain financial models for potential development projects and acquisitions
> Analyze data and evaluate investment highlights concerning the acquisition, development potential and feasibility of various projects
> Assemble market research on demand fundamentals and maintain competitive set analysis for each property type/submarket
> Prepare investment packages, organize due diligence and coordinate all aspects of the closing process for acquisitions, dispositions, joint ventures and financings
> Prepare recurring investment summaries for various partner and lender reporting requirements
> Participate in property budgeting process
> Develop and maintain overall project budget and schedules
> Prepare analysis to support leasing decisions (e.g. net effective rent calculations)
> Prepare a variety of analyses, statements and reports for management, equity partners and lenders
Bachelor’s degree in business, finance or real estate required
> Two years of relevant commercial real estate experience
> Advanced proficiency in Argus and Excel: candidate should have extensive experience creating and manipulating complex financial models and underwriting commercial real estate properties and projects
> Must understand financial and accounting concepts and be able to apply concepts to financial models
> Ability to communicate complex information succinctly and anticipate and resolve issues/problems on a proactive basis
> Position requires attention to detail as well as strong communication, writing, and computer skills
> Possess excellent collaborative skills to work in partnership with colleagues and across depts/entities
> Strong work ethic with the highest degree of honesty, integrity and discretion
About Sterling Bay
Sterling Bay is a Chicago-based real estate investment and development company with expertise in the acquisition, development, financing, leasing and management of commercial property across a broad spectrum of asset sizes and types.
Founded in 1986, Sterling Bay focuses on mixed-use urban developments including office, retail, residential, hotel and campus build-to-suit projects.
Sterling Bay offers a compensation package commensurate with experience. Work/life benefits include but are not limited to daily lunch provided by corporate chef, access to on-site gym and shower rooms, participation in a 401K plan and a competitive healthcare package.
- Asset Management
- Financial Analysis
2+ to 5 years
This job is no longer active.