Associate

POINT REAL ESTATE MANAGEMENT LLC•Goerke's Corners, WI

11d

About The Position

Point Real Estate Management is looking to add an Associate to our growing team! The Associate will be responsible for assisting Property Management leaders and Asset Managers in the financial analysis and management of multifamily real estate assets throughout Wisconsin. Essential Duties and Responsibilities Review and analyze monthly property financials, monthly property cash flow, as well as key property metrics Track key property metrics as well as communicate results of property operations and budget variances for senior management and ownership groups Work with management company to summarize business plans and performance at each property in assigned portfolio Model and communicate future property cash requirements and future monthly cashflow projections Become an active member of the due diligence team for assets to be acquired, which includes on-sight property inspections, reviewing and analyzing third party reports, property contract reviews, lease audits or other tasks as needed Create and/or utilize financial models to analyze investment and disposition opportunities Prepare property narratives for quarterly investor reports Research, analyze and summarize pertinent market data Review proposed budgets provided by and compare to original proforma and future modeling Monitor and administer loan covenants including reserve/loan draws, monitor lender covenants. Work with senior management to propose periodic property distributions

Requirements

Minimum 1 year of prior experience in asset management, financial analyst, underwriting or fund-level management involving commercial real estate (education may be a substitute for experience)
Entrepreneurial attitude
Superior interpersonal, written, and verbal communication skills.
Willingness to travel as required
Strong organizational and time management skills. Strong listener. A detailed oriented self-starter.
Ability to multitask, prioritize and take direction from multiple senior managers
Strong analytical skills and ability to learn quickly, achieve results, and excel in a fast-paced, deadline driven environment
Ability to work on a team, as well as independently, while driving multiple priorities and applying good judgement along with strong sense of self-motivation and direction
Smart, energetic, team player with a strong work ethic and commitment to excellence
Bachelor's Degree in Economics/Finance/Accounting or Real Estate
Advanced Excel skills required
Proficient in Microsoft Office Suite

Nice To Haves

Yardi experience and knowledge a plus

Responsibilities

Review and analyze monthly property financials, monthly property cash flow, as well as key property metrics
Track key property metrics as well as communicate results of property operations and budget variances for senior management and ownership groups
Work with management company to summarize business plans and performance at each property in assigned portfolio
Model and communicate future property cash requirements and future monthly cashflow projections
Become an active member of the due diligence team for assets to be acquired, which includes on-sight property inspections, reviewing and analyzing third party reports, property contract reviews, lease audits or other tasks as needed
Create and/or utilize financial models to analyze investment and disposition opportunities
Prepare property narratives for quarterly investor reports
Research, analyze and summarize pertinent market data
Review proposed budgets provided by and compare to original proforma and future modeling
Monitor and administer loan covenants including reserve/loan draws, monitor lender covenants.
Work with senior management to propose periodic property distributions