Asset Management Analyst

- Competitive base salary + annual bonus

- Promote available as part of the total compensation package

- Career growth opportunity – entrepreneurial environment

- Participate at entertainment events - (Warriors, Giants, A’s, etc.)

- Build real estate network with tenants, brokers, contractors, property managers, etc.

FIRM SUMMARY

Local Capital Group is a diversified Real Estate Development, Operating and Investment Company seeking an experienced and entrepreneurial Asset Management Analyst to join our fast-growing commercial business. Local’s commercial portfolio includes 60 buildings, 100+ tenants, and over 4 million square feet in the San Francisco East Bay and Silicon Valley. The firm also currently has 120+ units of residential/mixed-use development projects in San Francisco and New York City.

JOB SUMMARY

The role of the Asset Management Analyst is to support all facets of the business, while becoming a well-rounded commercial real estate professional that shows a willingness to tackle tasks both big and small. Responsibilities will include financial analysis, accounting, operations, leasing, and potentially some involvement with future acquisitions.

DUTIES AND RESPONSIBILITIES

• Be a leader and motivator among key third-party relationships that are critical to driving returns and optimizing performance: leasing brokers, property management, consultants, etc.
• Perform quarterly valuations of each property through working with the Financial Analytics and Asset Management Associates
• Assist in establishing annual budgets and implement re-forecasting of budgets: projection of revenues, capital, leasing and opex as well as any amortization and fixed asset schedules
• Participation in the underwriting and performance forecasts of new Acquisitions
• Evaluate local real estate markets to identify trends and opportunities to enhance performance
• Provide support to the construction management team on organization, accounting, and scheduling
• Assist with marketing through broker events, road shows, and open houses
• Develop an understanding of loan and capital partner requirements, such as draw requests and loan disbursements

REQUIRED SKILLS

• Conscientious about timeliness of assignments and quality of work product
• Excellent verbal and written communication skills
• Organize and prioritize tasks and work with minimal direction
• Exceptional work ethic, goal oriented and capable of functioning in an entrepreneurial setting

• 1-2 years of experience working in accounting or finance, with strong internship experience
• Experience should include working within a real estate firm or an accounting firm that directly services real estate firms
• Bachelor’s Degree in accounting/finance (related field acceptable with professional certification or equivalent experience)
• Demonstrated desire to pursue a career in commercial real estate
• Experience with Argus Enterprise is preferred
• Strong experience in Microsoft Excel and ability to create custom reports required for measuring key performance metrics by property