Associate

Jamestown Management Corporation•Atlanta, GA

10d

About The Position

The Associate position in Asset Management is responsible for supporting Asset Managers in maximizing real estate value by developing and executing business plans on assigned real estate projects.

Requirements

4 or more years of experience in real estate management or development
Working knowledge of real estate and financial analysis, including advanced Excel modeling and proficiency in Argus
Any combination of education, training and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.
Financial analysis
Real Estate
Advanced Excel modeling
Argus
Lease review and negotiation
Organizational and interpersonal skills
The ability to meet deadlines, accomplish work in order of priority; professionally maintain composure & effectiveness under pressure and changing conditions
Self-motivation, leadership, teamwork and collaboration with both junior and senior colleagues.
Detail oriented, logical, and methodical approach to problem solving
Exceptional written and verbal communication

Responsibilities

Drive lease negotiation process for prospective tenants and conduct lease analyses and tenant credit reviews
Where applicable, and as directed by Asset Manager, lead research projects to inform decisions
Develop analysis and recommendations related to value creation and development opportunities at portfolio assets
Travel to existing assets as needed to support job function
Attend community hearings as needed to drive initiatives
If applicable, work with senior professionals on capital transactions including the financing/refinancing or position of an existing portfolio asset
Review financial models in Excel and Argus as directed by Asset Managers for existing portfolio assets
Review reports on property performance and evaluate quarterly appraisals
Review strategic business plans and work with property team to produce annual budget and future cash flow projections for existing portfolio assets
Review report tracking tenant leasing activity
Maintain working knowledge and understanding of governing documents – partnership agreements, loans, complex joint venture agreements, leases at property, and approved Investment Committee Memoranda and Reforecast
Have primary responsibility for monitoring compliance with leases, contracts, loan documents and joint venture agreements
Have primary responsibility for monitoring asset financial statements
Contribute to the production of Investment Committee Memoranda
Demonstrate Jamestown’s Guiding Principles of Integrity, Excellence, Innovation, Passion and Responsibility.
Actively participate in building Jamestown’s culture through office event participation such as book club, health and wellness challenges, and community service.
Volunteer for company-wide committees to improve the Asset Management function.
Encouraged to keep professional designations or training current
Maintain active participation in at least one industry association, including occasional attendance at local events and training seminars.
Performs other related duties as assigned.