Analyst - Investments and Portfolio Management

Kilroy Realty•Los Angeles, CA

1d•Hybrid

About The Position

Kilroy Realty Corporation is seeking an individual interested in pursuing a career in real estate with a focus on investments and finance at a premier publicly traded REIT (NYSE: KRC). The Analyst, Investments and Portfolio Management will work directly with both a locally focused team and senior management at all levels within the organization. The opportunity provides extensive experience and exposure to real estate development and investment; including the financial modeling of all perspective acquisitions, development, disposition, and reposition projects. Additionally, the role will provide financial analysis and support on other various projects such as leasing transactions, corporate finance/capital markets, and other strategic initiatives. There is direct interface with the CEO, COO, CFO, CIO, Regional EVP/SVP’s as well as with the asset management, development, accounting and corporate finance departments thus strong communication skills are warranted.

Requirements

Bachelor’s degree from a top-tier university with coursework in business, finance, and ideally, real estate
1-3 years of direct real estate experience in a valuation, development and/or acquisition, debt, investment banking, asset management, or accounting role
Ability to synthesize large amounts of information from various sources and provide concise conclusions and recommendations
Strong critical thinking skills and the ability to independently develop strategies and recommendations for investment decisions
Familiarity with real estate diligence such as rent rolls, contracts, commercial leases, offering memorandums and operating/income statements
Experience with office, life science, retail, and multifamily product types in Southern California markets a plus
Advanced skills in Excel and ARGUS
Familiarity with basic cash/GAAP accounting principles
Excellent communication skills and precise attention to detail
Team oriented mentality with a strong ability to adapt and interact with team members
Willingness and excitement for occasional business travel between Kilroy’s target markets

Nice To Haves

Experience with office, life science, retail, and multifamily product types in Southern California markets a plus

Responsibilities

Directly assisting the investment team in building ARGUS/Excel cash flow models for all prospective acquisitions, developments, dispositions, and asset repositioning projects
Assisting in all aspects of the underwriting process, including initial investment analysis, preparation of investment memos, comparative analysis, vetting of corporate finance and accounting issues, etc.
Working with Kilroy’s leasing and asset management teams to analyze strategic decisions including leasing analysis, return on capital investment evaluation, and other portfolio management analysis to assist in the decision making process
Evaluating, through Argus, NPV and IRR analyses, the financial impact of lease proposals, terminations, and renewals for active and pipeline development projects
Assisting with execution and proforma modeling of large mixed-use projects with office, retail and multi-family components
Creating clear and concise presentations directed towards senior management and Investment Committee
Reviewing and summarizing acquisition diligence materials on live deals
Maintaining acquisition pipeline trackers through active engagement with external brokers
Developing and maintaining a deep network of market participants in order to assist the Company in the sourcing of opportunities
Monitoring market transactions for both leasing and capital markets data points
Assisting FP&A and Corporate Finance teams in the preparation of internal and external investor relations materials
Interfacing with Brokers, Lawyers, Architects, Engineers, and other project team members to ensure timely/accurate proforma updates
Other duties, as assigned