Acquisitions Analyst
Houston, TX - USA
Job Summary
Company Overview
Asset Living is a third-party management firm and a proven partner in fostering thriving communities nationwide. Founded in 1986 Asset Living has decades of experience delivering exceptional value to our partners. Since the beginning our undeniable passion has driven our organic growth from a small property management firm to one of the most trusted allies in real estate. Asset Livings growing portfolio includes a multitude of properties across the country that span the multifamily single-family home rentals affordable housing build-to-rent active adult and student housing divisions.
Asset Living is a fast-growing company made up of talented individuals from diverse backgrounds that differentiate us and help us drive innovation and results for our clients and communities across the US. At Asset Living we wholeheartedly believe Together We Lead Together We Succeed. We empower each other to lead byexample collaborate and evolve inspired by our belief that we can continually improve as individuals and as an organization. Together we create an environment where every voiceis heard every idea is valued and every individual experiences opportunities to grow as our company grows. When you join AssetLiving you become part of a dynamic team that thrives on unity unique talents anda universal culture of winning.
Recognized as one of the nations Best and Brightest Places to Work and ranked in the NMHC top 50 professionals join Asset Living because of its reputation as the most trusted partner in real estate workplace culture and growth opportunities. Asset Living is a member of The Institute of Real Estate Management (IREM) and is recognized as an Accredited Management Organization (AMO). Together we lead the way and together we achieve excellence in allthat we do. Join a workplace where success is a collective journey andleadership is a shared responsibility.
Acquisitions Analyst
The Acquisitions Analyst will be heavily involved in the acquisition and business development of both Asset and prospective clients. The job entails working alongside Acquisitions Development and Asset Management in researching & preparing analysis financial modeling and underwriting to guide decision-making.
Essential Duties & Responsibilities
- Collect analyze perform due diligence and underwriting of new investment opportunities.
- Provide general and financial modeling to analyze property performance to make recommendations and interest to pursue.
- Keep abreast of current industry market conditions and trends.
- Underwriting acquisition targets and preparing analytical reports.
- Review & propose budgets to analyze prospective acquisitions current actuals vs. pro forma financials to make hold/sell/refinance recommendations.
- Prepare & present presentation materials for new and existing investments.
- Provide support for the acquisition financing and disposition process.
- Assist with capital market activities property asset management and operational responsibilities.
- Assisting in investor reporting requests
- Facilitate and assist with monthly reporting trending forecasting and projections.
- Responsible for making recommendations regarding the operation of the properties.
- Responsible for escrow analysis construction draws replacement reserve reimbursements and performance analysis for each property.
- Valuation of existing real estate assets based on analyzing historical operating & financial performance.
- Financial modeling of future real estate asset financial performance based on company operating standards and specific due diligence information.
- Compiling logging and interpreting due diligence information relating to financial asset performance real estate assets physical asset condition market conditions and results of third-party reports.
- Financial modeling related to the development & construction of new real estate development projects.
- Financial analysis of all transactions including cash on cash return and leveraged/unleveraged returns.
- Preparation of investment analysis package including transaction overview market overview and results of financial analysis including sensitivity analysis.
Education & Experience
- Bachelor and/or Masters Degree. Preference in Finance Real Estate Economics Business or related field.
- Excellent critical reasoning quantitative and analytical skills
- Deep understanding of financial concepts
- Excellent interpersonal written and verbal communication skills
- Proven organizational skills with attention to detail.
- Advanced Microsoft Excel knowledge.
- Ability to manipulate large amounts of data in Excel.
- Past operational experience in residential property management
This job description should not be considered all-inclusive. It is merely a guide of expected duties. The employee understands that the job description is neither complete nor permanent and may be modified at any time. At the request of their supervisor an employee may be asked to perform additional duties or take on additional responsibilities without notice.
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Required Experience:
IC
About Company
Founded in 1986, Asset Living is a true third-party property management firm with a reputation for excellence in multi-family housing, campus housing, and affordable housing, nationwide.