PREFERRED LOCATION: Dallas, TX / Also: Atlanta, GA or Los Angeles, CA
POSITION SUMMARY: This position works directly with the Transactions team. This individual is responsible for due diligence support, income/expense underwriting, loan packaging, and researched sale and lease comparable support. This position will also build financial models, run various scenarios, create reports and present the material to the executive team. The position reports to the VP of Transactions and supports the acquisitions/dispositions team in our Dallas office.
KEY RESPONSIBILITIES:
Create, manage and distribute weekly acquisition pipeline and report.
Ensure completeness with representative/guidance pricing, returns based on broker cash flows and call for offer dates.
Create initial property business plans for acquisition pursuits through financial underwriting process.
Generate market rental rate assumption from internal resources.
Generate tenant level leasing assumption from brokerage analyst conversations and input from internal resources.
Generate expense assumptions based on company management methods and external resources.
Generate debt cost assumptions based on input from internal resources.
Determine if profile and returns are suitable for syndication and incorporate appropriate fees.
Incorporate and document all assumptions in 5 and 10-year cash flow projections with levered and unlevered investment returns analysis.
Create internal investment and finance packages to be reviewed by the investment committee and board of directors.
Create internal presentation materials for quarterly board meetings.
Analyze financial and operational results versus proforma, identify and explain significant variances.
Assist in securing financing for existing assets and permanent financing for acquisitions.
Contribute to the disposition process for assets intended for sale.
Support team members on various projects through research, data compilation, financial analyses, report writing, and due diligence.
Communicate with real estate brokers, property managers, mortgage bankers, and third party vendors.
Minimum 3 years relevant experience in commercial retail real estate industry.
Bachelor’s degree in Business or Finance.
Highly proficient in Microsoft Excel (must have advanced skills and be able to create and edit complex financial formulas), Microsoft Word, Microsoft PowerPoint, and Microsoft Outlook.
Must have strong analytical, quantitative, and market research skills.
Strong cash flow modeling skills.
Ability to read, abstract, and comprehend tenant leases.
Prior work experience in ARGUS Enterprise for financial analysis capacity is required.
Ability to read, write, interpret, and analyze business documents.
Must be a team player and be able to multi-task.
Excellent communication skills (written and verbal).
Must be proactive and have a strong personal initiative and desire to succeed in an entrepreneurial environment.
Must have a solution-oriented approach to all work products and be able to manage multiple tasks and priorities simultaneously.
Excellent understanding of real estate budgets, acquisition processes, loan schedules, operating statements, rent rolls, and debt/equity.
Poline Search Partners is an international executive search firm specializing in the shopping center industry. We serve property owners, developers, retailers and service providers who are seeking remarkable talent and work to align them with candidates who are eager for new growth opportunities. Since 1979, our team has been connecting companies and candidates with a commitment to integrity and client satisfaction—making us the industry’s most trusted leader in recruitment.