ARDEN LOGISTICS PARKS
Arden Group is a vertically integrated real estate investment management firm focused on equity and debt investments in the top 25 US MSA’s. Founded in 1989, Arden Group has acquired approximately $7 billion of properties and asset managed in excess of $12 billion of commercial real estate assets.
Established by Arden Group in 2021 as a best-in-class logistics real estate operating platform, Arden Logistics Parks specializes in the acquisition, improvement and property management of light industrial business parks and industrial outside storage. Our real estate investment business operates a geographically diverse portfolio of more than 10 million square feet of last mile facilities in urban infill locations throughout the United States.
Recently listed as “Best Places to Work in PA” for 2024, our firm provides a supportive and exciting culture for our employees to challenge themselves and thrive. As a growing firm, we are looking for team members with a passion for working in a high-growth environment. We value employees who are RESPONSIVE, TENANT-CENTRIC, and NIMBLE and we’ve created an environment for such employees to flourish as we continue to expand.
Position Overview
Reporting to the Managing Director, Acquisitions, the Analyst will play a critical role by supporting the acquisitions team in the identification and analysis of industrial investment opportunities.
This position will be based in our Dallas office and is not a remote position.
Responsibilities
- Financial Analysis: Assist in the financial analysis and underwriting of potential acquisition opportunities utilizing Excel and Argus Enterprise software. Prepare cash flow models that will be utilized to value real estate investments.
- Market Research: Provide market research support utilizing online, internal and external resources. Data aggregation as well as assimilation will be required. Stay current on industry trends and maintain thorough market awareness in targeted markets through direct research and review of third-party research. Provide trend analysis to leadership for white papers and presentation materials.
- Transaction Execution: Preparing investment committee memoranda for recommended acquisition opportunities. Assist in transaction due diligence by collecting, reviewing, and summarizing property reports, leases, and other due diligence documents. Assist with transaction closings.
- Asset Management: Manage the transition of assets between the acquisitions and asset management team. Assist with portfolio performance reviews and monitor capital improvement progress. Make recommendations using Buy/Sell analysis.
- Pipeline Management: Track potential acquisition opportunities by ensuring tracker is updated with deals currently being evaluated. Prepare for the weekly pipeline meetings and present opportunities to the acquisition team.
- Investor Relations Resource: Perform ad hoc investor requests and due diligence questionnaires. Support team with co-investor solicitation and due diligence.
- Ad-Hoc Tasks: Serve as a resource for other departments. Help answer questions relating to prior acquisitions. Ensure Navigator CRE is updated with the latest sale comps and perform a quarterly competitive set update. Network and collect information from the market including sourcing from national and local brokers on a weekly basis.
Essential Qualifications
- Bachelor’s degree in, finance, real estate, economics, or related field preferred
- 1-2 years in financial analyst role within the commercial real estate field and experience in the industrial sector is preferred
- Basic understanding of financial mathematics preferred (e.g., rates of return/IRR; MOIC/ROE calculation; bond math; basic debt financing mechanics/amortization; JV waterfall economics; et al.)
- Strong Excel, Word, and PowerPoint capabilities, including building and proofing financial models and real-time, fast-paced note-taking on deal-related meetings/calls
- Experience with real estate analysis tools including Argus Enterprise and CoStar
- A general understanding of commercial real estate terms and investment principles
- Knowledge of primary industrial markets throughout the U.S.
- Motivated and results-driven with strong work ethic and team mentality
- Excellent written and oral communication skills
- Strong mental math skills (preferred and will serve candidate well)
- Strong creative problem-solving skills
- Ability to travel domestically as needed (5-10%)
- Eventual ability to manage a small (1-3) summer analyst class
EEO StatementOur
company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, genetic information, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations.Phys
ical DemandsThe
physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand, sit, walk, use hands to finger, handle, or feel, reach with hands and arms, and talk or hear. The vision requirements include close vision and ability to focus. The employee may frequently lift and/or move up to 25 pounds.The
above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.
