Associate, Private Debt

Heitman • Chicago, IL

5d • $75,000 - $90,000 • Hybrid

About The Position

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.

Benefits

• At Heitman, we believe that our success is driven by the success of our team members. That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. When we grow, you grow!
• In alignment with our People First core value, we offer rewarding careers that focus on both personal and professional growth. We are dedicated to helping you and your family thrive, both in the office and at home. To support this, we provide competitive compensation and a leading-edge, human-centric benefits package.

What This Job Offers

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