Asset Management Analyst - Real Estate
About The Position
We're looking for an Asset Management Analyst to join our Principal Real Estate team. In this role, you'll perform lease analysis, valuation modeling, cash flow analysis, development feasibility analysis, and reporting! Principal Real Estate provides private equity asset management services for client portfolios. The Asset Management Group is actively involved in all stages of the investment life cycle including ground-up development or redevelopment, the acquisition and disposition process, and oversight of property management and leasing. Asset managers participate in developing the investment strategy and tactical plan for each property and have primary responsibility for its execution. Interact closely with a Senior Asset Manager(s) as well as local market contacts including property managers, leasing agents, and capital markets/transaction brokers, to develop budgets, business plans, and assist with deal underwriting. Participate in the quarterly portfolio management reporting process. Assist in all aspects of investment management and investment production for assigned properties including core, value add, and development activities. If you thrive on building a solid foundation of commercial real estate knowledge, enjoy working autonomously within a team environment, and are a self-starter, then this job might be the one for you! Principal Asset Management is the global investment solutions business for Principal Financial Group (Nasdaq: PFG), managing about $580 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a "Best Places to Work in Money Management" for 13 consecutive years! Check us out at www.principalam.com!
Requirements
- Bachelor's degree (preference for degrees in finance, mathematics, economics or real estate)
- Advanced Excel Skills
- Strong verbal and written communication skills including negotiation and listening skills
- Strong organizational skills and demonstrated ability to meet deadlines
- Ability to work in a fast-paced, team environment, with limited supervision
- Strong analytical skills, technical and detail orientation, with ability to read, interpret, and understand contracts and other legal documents
Nice To Haves
- Real estate experience (including coursework, full time, or internship experience)
- Argus software knowledge
- GPA of 3.5 or above
Responsibilities
- Perform lease analysis, valuation modeling, cash flow analysis, development feasibility analysis, and reporting
- Participate in developing the investment strategy and tactical plan for each property and have primary responsibility for its execution
- Interact closely with a Senior Asset Manager(s) as well as local market contacts including property managers, leasing agents, and capital markets/transaction brokers, to develop budgets, business plans, and assist with deal underwriting
- Participate in the quarterly portfolio management reporting process
- Assist in all aspects of investment management and investment production for assigned properties including core, value add, and development activities
Benefits
- Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.
- Employees don't accrue a bank of time off under FTO and there is no set number of days provided.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Funds, Trusts, and Other Financial Vehicles
Number of Employees
5,001-10,000 employees
