Associate, Private Debt

Heitman • Chicago, IL

4d • $75,000 - $90,000 • Hybrid

About The Position

This Opportunity Our Chicago office is seeking an Associate to join the Private Real Estate Debt Investment team. We are looking for a self-starter, who is highly collaborative, analytical and has a strong interest in Real Estate. The Private Real Estate Debt team invests via senior debt, mezzanine and preferred equity structures across all asset classes. The focus is on value-add business plans which include physical and/or operational improvements, re-development, or ground up development .

Requirements

• 0-3 years of professional commercial real estate experience.
• Bachelor’s degree in finance or real estate.
• General understanding of real estate finance, property valuation , and investment analysis.
• Excellent communicator with strong writing skills.
• Well-organized, detail oriented , and deadline driven.
• Enjoys working in a dynamic team environment.
• Ability to prioritize tasks, work on multiple assignments, and handle ambiguity.
• Enjoys working both independently and as part of a team with professionals at all levels.
• Proficiency in Microsoft Excel and Word.
• Proficiency in Argus.

Responsibilities

• Assisting the Chicago based investment professionals in analyzing and underwriting real estate debt opportunities across the western region of the US.
• Supporting the Firm’s asset management team in monitoring and managing existing real estate debt opportunities across the western region of the US.
• Preparing and confirming pro forma cash flow projections for potential investment opportunities across all property types, structures, and risk profiles for multiple real estate funds and separate accounts.
• Analyzing property data and reports including operating statements, rent rolls, leasing reports, and appraisals to assist in concluding feasibility of investment opportunities.
• Utilizing third party data providers and conducting own research to analyze markets, trends, and competitive sets to assist in preparation of underwriting assumptions.
• Preparing models and summaries of investment opportunities for internal or client presentation through thorough understanding of investment factors, market research , and credit risk analysis.
• Coordinating and participating in due diligence and closing processes relating to investment opportunities.
• Working collaboratively with other groups such as research and portfolio management.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 251-500 employees