Commercial Investments - Associate

FCP•Chevy Chase, MD

7d•Onsite

About The Position

Real Estate Private Equity is an exciting industry with the power to shape communities and change the built environment. FCP®, a subsidiary of Federated Hermes, Inc, is a leading real estate investment company that has invested in or financed more than $14.8 billion in gross asset value since its founding in 1999. The Associate role at FCP is an opportunity for a real estate investment professional to further develop their expertise in the sector. This position offers exposure to firm leadership, investment strategy, and transaction execution, while allowing the individual to apply and strengthen core financial, analytical, and market research skills. The Associate will play an active role in underwriting, due diligence, portfolio analysis, and decision-support initiatives that contribute to investment and asset-level strategy.

Requirements

Bachelor’s Degree in real estate, finance, economics, accounting or related field
3 to 5 years of relevant work experience in real estate, finance or capital markets
Demonstrated proficiency in real estate financial analysis, specifically for commercial office and retail assets
Ability to analyze qualitative and quantitative information and translate into strategic deliverables
Excellent written and oral communication skills
Strong proficiency with Excel, PowerPoint, Word and ARGUS software
Ability to work independently and within a team
Motivated self-starter with effective time management skills and strong attention to detail
A desire to work within a fast-paced, collaborative and entrepreneurial environment
Willingness to work in office five days per week
Travel as necessary to meet with potential partners and visit assets

Responsibilities

Underwrite potential acquisitions by performing complex financial analyses, including cash flow projections and sensitivity analyses
Evaluate property-level financial data, review rent rolls, abstract leases, and develop operating and capital expenditure budgets
Gather and synthesize macro and micro economic, demographic and detailed real estate market data
Create memos for presentation to investment committee and potential partners
Coordinate due diligence materials and closings for acquisitions, dispositions and debt financings
Evaluate lease economics for new and renewal transactions
Work with external venture partners and internal staff to oversee property management staff and budgets, leasing, and lender compliance and reporting
Coordinate with development management and accounting teams in schedule and draw review to ensure consistency with proforma
Streamline information and report regularly to senior management to aid in strategic decision-making at the deal and partnership level
Work on broad range of initiatives, including sector and market research, as well as PropTech and ESG initiatives to implement best practices and enhance portfolio value
Analyze monthly property-level financial statements and maintain quarterly and annual reports