Associate, Asset Management

Brookfield Asset Management•Los Angeles, CA

2d•Hybrid

About The Position

Brookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world's largest alternative investment managers. Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don't just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We're elevating the logistics business as we envision – and then deliver – the world's most forward-thinking properties, creating spaces where people, businesses, and communities thrive. We are seeking an Associate to join Brookfield Properties in Los Angeles, CA. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you. This position will be focused on asset management, lease analyses and execution, business plan development and implementation, asset valuations, and dispositions for Brookfield’s West Region U.S. industrial portfolio. Additionally, the Associate will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the Los Angeles office. The Associate will benefit from extensive exposure to the North American Logistics market through real estate management and analysis.

Requirements

Bachelor’s degree in real estate, finance, or applicable field
4-5 years of related experience required
Ability to travel monthly
Argus experience required
Strong understanding of financial principles and analytical ability
High attention to detail and strong organizational skills
Advanced Microsoft Excel and Power Point skills required
Demonstrated interest in real estate
Effective communication, time management, and presentation skills

Nice To Haves

VTS experience a plus

Responsibilities

Manage the leasing process and analyze potential leases and the resulting financial impact on an investment
Ability to analyze lease proposals and negotiate lease transactions through execution
Analyze third party appraisals and conduct internal valuations
Build strong relationships with Industrial/Logistics Brokerage community
Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus
Perform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analyses
Assist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecasting
Support Senior Asset Managers with asset sales/dispositions process
Provide analytical support to colleagues in the areas of Fund Operations, Investments and Development
Work on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as needed