Analyst – Asset Management

Hines•Houston, TX

10d

About The Position

The Analyst – Asset Management provides analytical support to Hines’ asset management team to support value creation across commercial and multifamily properties. The role contributes to budgeting, valuation, investment decisions, property performance, dispositions, refinancings, lender reporting, underwriting, and due diligence. The analyst also gathers and organizes property and market information, supports asset management plans and valuation materials, and may accompany asset managers on site visits and attend industry events. The position requires a bachelor’s degree in a relevant field and one to three years of real-estate-focused experience. Asset management experience is a plus. The role involves working indoors approximately 95% of the time and outdoors 5% of the time, and may require travel and long working hours. Hines describes its culture as supporting professional development, competitive rewards, comprehensive benefits, and workforce diversity.

Requirements

Bachelor’s degree in real estate, business administration, finance, accounting, or economics from an accredited institution.
One to three years of experience working for a real estate company, institutional real estate investor, or financial institution, with a focus on real estate.
Ability to read and understand key real estate agreements, including leases, management and leasing agreements, partnership agreements, and loan agreements.
Strong analytical skills.
Ability to gather, organize, and clearly summarize information.
Strong proficiency with Microsoft Excel.
Ability to communicate clearly and concisely, orally and in writing.
Independent and self-motivated, while able to function well in a collaborative, collegial environment.
Well organized with attention to detail.
Willingness and ability to travel as necessary.
Ability to work indoors approximately 95% of the time and outdoors 5% of the time.
Ability to withstand long working hours, which are frequently necessary.

Nice To Haves

Asset management experience.

Responsibilities

Prepare and maintain property cash flow models in Excel for budgeting, valuation, and investment decision-making.
Prepare and maintain investment models to calculate investment returns and cash flow waterfalls.
Participate in the annual budgeting process.
Review materials prepared by operating partners and property managers.
Prepare summary schedules.
Help prepare asset management plans for presentation to senior management.
Gather and analyze market data to understand each property’s market position.
Support asset managers in ensuring properties are competitively priced relative to their competitive set.
Assist asset managers with dispositions and refinancings as requested.
Gather and organize property information; help prepare pitchbook and deal-room materials; and help evaluate purchase offers.
Gather and organize materials used to support property valuations.
Interface with third-party appraisers and brokers and respond to their questions.
Assist with lender-reporting requests, including preparing cash flow projections to ensure compliance with DSCR and LTV covenants.
Support asset management and acquisition teams with underwriting and due diligence activities.
Periodically accompany asset managers on site visits to build relationships with property teams and evaluate property condition, housekeeping, and grounds.
Attend industry events to learn about innovative technologies and market trends.