Analyst/ Associate, Asset Management – San Francisco

Tishman Speyer•New York, NY

1d•$90,000 - $130,000

About The Position

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco. Summary of the Position: We are seeking an experienced analyst/ associate to join the San Francisco asset management team for an immediate start. This individual will be responsible for supporting the broader asset management team with quantitative financial modeling, asset performance analysis, executing on business plans, and reporting for the San Francisco office portfolio. They will be an integral part of all periodic updates with Investment Committee and partners, and will support operational, leasing and capital decisions. The role will involve working with teams across our core functions, including: portfolio management, asset management, development, capital markets, property management, corporate strategy, innovation, design and construction, and leasing.

Requirements

1-3 years (analyst) or 3-5 years (associate) of in-office experience in an analytically rigorous Real Estate or Finance environment
Evident passion for real estate and desire to build a career on the principal side
Strong creative problem-solving skills
Ability to work independently, but also collaborate with team members
Effective written and oral communication skills
Proficient in Excel, ARGUS Enterprise, and financial modeling
Thorough understanding of real estate valuation and underwriting fundamentals
Unwavering attention to detail
Prior in-office experience is required

Responsibilities

Provide analytical support to assist with the asset management function of existing office and retail properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses
Work with leasing team to analyze new leasing deals
Complete market research – through third-party data providers and communication with local brokers – to compile relevant lease comparable, sale comparable, competitive sets, development pipelines, and general market data
Prepare presentation materials and proposals with responsibility for written and graphic requirements
Annual budgeting and reforecasting in coordination with property management, design & construction, leasing, and accounting teams
Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings in furtherance of the asset’s business plan
Supporting capital transactions (refinancing or dispositions), as they arise.
Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management