Asset Management Analyst, Private Real Estate

Principal Financial Group•Des Moines, IA

1d•Hybrid

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 while supporting private equity asset management services for client portfolios. The Asset Management Group is involved throughout the investment life cycle, including ground-up development or redevelopment, acquisitions and dispositions, and oversight of property management and leasing. Asset managers help develop the investment strategy and tactical plan for each property and are primarily responsible for execution. Work closely with Senior Asset Managers and local market contacts, including property managers, leasing agents, and capital markets/transaction brokers, to develop budgets and business plans and assist with investment underwriting. Participate in the quarterly portfolio management reporting process. Assist with investment management and investment production for assigned properties, including core, value-add, and development activities. Build a solid foundation of commercial real estate knowledge while working autonomously within a team environment and demonstrating initiative.

Requirements

Bachelor’s degree, with evidence of a strong background in finance, mathematics, economics or business, real estate preferred
Financial modeling experience that would include Excel, Argus, and/or Power BI

Nice To Haves

Real estate experience through a co-op, a full-time role, or an internship.
Effective verbal and written communication, negotiation, and listening skills.
Strong organizational skills with a demonstrated ability to meet deadlines.
Ability to work in a fast-paced, team environment with limited supervision.
Strong analytical skills and attention to technical detail, including the ability to read, interpret, and understand contracts and other legal documents.

Responsibilities

Perform lease analysis, valuation modeling, cash flow analysis, development feasibility analysis, and reporting.
Support private equity asset management services for client portfolios.
Develop budgets and business plans.
Assist with investment underwriting.
Participate in the quarterly portfolio management reporting process.
Assist with investment management and investment production for assigned properties, including core, value-add, and development activities.
Build a solid foundation of commercial real estate knowledge.
Work autonomously within a team environment and demonstrate initiative.