At Kushner, we pride ourselves on our four core values: Be Caring, Be Best in Class, Be Solution-Oriented, and Be Accountable. Our values represent what we strive to achieve every day. Every decision we have to make is guided by the “4 Be’s”. Our team and passion for the real estate industry exemplifies what it means to live out these core values in our offices and at our communities day in and day out. Each new day is a learning experience at Kushner, whether it is the knowledge we bring, gain, or share during our journey together. Our team members are set up to aim beyond, achieve the utmost success, and for endless possibilities for growth. Come Grow With Us!
JOB SUMMARY
This position will support the entire acquisitions team in underwriting, analyzing and modeling transactions. The analyst will assist in due diligence of transactions under consideration, validate underwriting assumptions and prepare presentations regarding potential transactions for review by the investment committee and external partners. The analyst must possess a deep understanding of real estate dynamics and valuation methodologies within different asset classes and will support capital raising efforts and project management. This position reports directly to our Managing Directors. Responsibilities include but, are not limited to:
RESPONSIBILITIES:
- Source, underwrite, and analyze potential investments.
- Assist in the due diligence process of potential investments.
- Perform financial analysis and underwriting of potential acquisitions. Analysis will include historical, current and pro-forma operating numbers. Will update and adjust the models throughout the development of the project.
- Preparation of financial models to include deal level and waterfall IRR’s.
- Prepare underwriting, investor and lender packages.
- Ability to identify, source, qualify and use data sources necessary for modeling.
- Understanding of the macro and micro drivers of real estate value across sectors and their use in effectively underwriting transactions.
- Prepare Letters of Intent for potential acquisitions.
- Help construct an argument regarding a decision to invest or not invest and communicate that argument efficiently in written materials; be able to present and defend position in a team environment, including at Executive Management meetings.
- Constantly track market activity to identify new target markets and opportunities and perform comprehensive industry and market researches.
- Coordinate as necessary with construction, design and management and accounting teams.
- Review contracts as it relates to acquisitions, dispositions, management agreements, service contracts, consulting agreements, etc.
Pre-Requisites:
- 1-2 years’ experience working in real estate or investment banking.
- 1+ years’ experience in real estate cash flow modeling.
- Strong written and oral communication skills to effectively communicate analysis and results.
- Ability to work independently, be resourceful and make appropriate decisions without specific direction.
- Exceptional Excel and ARGUS modeling skills.
- Must be very detail oriented and highly organized.
- Exceptional research and analysis abilities.
- Must be able to discreetly handle sensitive and confidential material.
- Requires the ability to work with VIP clients and senior management.
- Requires exceptional written/verbal communication and organizational skills.
- Requires the ability to work both independently and in a team environment.
- Requires the ability to perform long-range tasks while handling short-term interruptions.
- Requires knowledge of Microsoft Office programs and internet search engine.
- Must have a keen sense of urgency.
- Must be very computer savvy and comfortable with graphics for presentation reporting.
- Previous outstanding academic success in college/university.
Salary based on many variables including experience, skillset, etc.
EQUAL OPPORTUNITY EMPLOYER & EQUAL HOUSING PROVIDER
