Associate, Investments

RXR•New York, NY

10h•$110,000 - $150,000•Onsite

About The Position

Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies. Job Summary: The Associate will work closely with the team to execute acquisitions for both equity and debt investment opportunities of all asset classes across the risk-reward spectrum. The Associate will partner with junior and senior-level professionals on various projects at all stages of the investment process.

Requirements

2-5 years of experience working in real estate finance, acquisitions, or investment banking
Bachelor's degree. Major in real estate, finance, accounting, or economics preferred
Passion for real estate and finance
Analytical: Independent ability to conduct complex analyses.
Organizational Skills: Detail oriented, proactive, efficient, strategic, ability to multitask. Able to complete defined scope and anticipate some likely follow-up. Able to take several sequential steps toward completion with less guidance.
Knowledge of the Real Estate Industry: Familiarity with various product types & investment structures. Has advanced knowledge of a wider variety of documents/concepts.
Tech Savvy: Strong ability to utilize systems to support decision making, efficiently execute and use short cuts, present a strong narrative in Powerpoint. Including but not limited to: Yardi Matrix, Costar, Chatham Direct (debt platform), Excel, Powerpoint, Argus
Teamwork/Network Building/Interpersonal Savvy: Cooperates and works effectively with others. Productive relationships exist.
Communicates Effectively: Communicates effectively, both verbally and in writing, with Internal and External Stakeholders. Presents a clear argument on straightforward topics. Requires guidance from superiors on articulating more complex ideas.

Responsibilities

Create sophisticated financial models of new acquisitions and developments, utilizing both Microsoft Excel and Argus.
Prepare comprehensive materials to be shared with relevant internal and external stakeholders.
Conduct market research and due diligence on a variety of potential investment opportunities in various real estate sectors with a primary focus on multifamily and office.