Analyst, Asset Management

Analyst, Asset Management

Chicago, IL

Stockbridge is a real estate investment management firm founded in 2003 and led by seasoned senior professionals averaging 25+ years of industry experience. Stockbridge oversees approximately $34 billion of assets under management across a variety of real estate property types, with an emphasis on residential and industrial space throughout the United States. The firm has offices in San Francisco, Atlanta, Chicago, Denver, Dallas, and Phoenix.

Opportunity and Position Summary:

This role is part of the Core and Value-Add (“CVA”) platform, which includes both funds and separate accounts with asset strategies ranging from core to value-add to ground-up development. This role will work on a collaborative team directly supporting Vice President(s) on target markets and will work closely with the Asset and Portfolio Management Teams and occasionally with the Acquisition Team. There is a lot of room for growth and development for the right candidate! This is both a qualitative and quantitative position, strong math and written skills are necessary. Office, industrial, retail, and multi-family property types will be analyzed and monitored.

Primary Duties and Responsibilities:

• Prepare financial models in Excel and/or Argus for internal property valuations, hold/sell analyses, recapitalizations, lease analyses and waterfalls for joint-venture investments.
• Assist in preparation, review and execution of annual property budgets and business plans.
• Coordinate asset appraisal process, review quarterly appraisals for accuracy and provide feedback to appraiser.
• Review and analyze operating performance of owned assets.
• Accompany Asset Managers on property visits and market tours.
• Assist Asset Managers in directing leasing attorneys during lease drafting and negotiation.
• Provide oversight and develop strong relationships with third-party property managers, leasing brokers and joint-venture partners.
• Work alongside owner’s construction representatives in the oversight of ground-up construction and redevelopment opportunities.
• Assist in preparation of presentation materials for Investment Committee including disposition, financing, and capital approval memos.

Skills and Competencies:

• All candidates must have a BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics, or related area. Must have strong academic credentials.
• 1-3 years of real estate/finance experience, preferably including one or more of the following: portfolio analysis, commercial real estate valuation, cash flow forecasting, acquisitions, dispositions, asset management, debt.
• Proven analytical skills and strong working knowledge of Microsoft Office Suite.
• Strong understanding of discounted cash flow analysis required.
• Experience with Argus Enterprise preferred, experience with Excel required.
• Strong writing skills and verbal interpersonal/communication skills.
• Organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously.
• Ability to function both in a team-oriented setting and independently.
• Strong sense of personal motivation, responsibility, and entrepreneurship.

Compensation:

Competitive. The base pay scale for this position is $85,000 to $100,000 annually. Stockbridge’s base pay scale depends on geographic location, business line, years of experience, and other qualifications of the successful candidate. A discretionary annual bonus is also included in addition to base pay. Benefits include medical, dental, vision, life and STD & LTD insurance. Stockbridge provides a 401K plan with a match as well as generous vacation, sick time and holiday time off. Additionally, Stockbridge provides exciting opportunities for professional development and career advancement. The base pay scale and benefits are accurate as of the date of this posting. Stockbridge reserves the right to modify this information at any time, subject to applicable law.