Investment Analyst - Underwriting

Prime Group Holdings • Saratoga Springs, NY

27d • $65,000 - $75,000

About The Position

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm focused on self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Investment Analyst to join its underwriting team in Saratoga Springs, NY.
With $6.6 billion in assets under management, Prime Group is one of the largest private owners and operators of self-storage properties in the world, owning and operating over 310 self-storage assets in 28 states, three Canadian provinces and the U.S. Virgin Islands containing over 23 million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including the largest self-storage dedicated fund ever raised, Prime Storage Fund III.
Headquartered in Saratoga Springs, NY, Prime Group has more than 700 employees. The firm has a regional office in Jupiter, FL and investment originations offices in Denver, CO, Hackensack, NJ, Yorktown, VA and Calgary, Alberta. Prime Group’s 21-person senior leadership team is supported by teams including sourcing and acquisitions, asset and portfolio management, compliance/legal, property management, information technology, transactions/financing, marketing, accounting and training, among others.
Prime Group’s success is built on a culture of respect, teamwork, business ethics, accountability and persistence. The company deeply values the strong relationships it has built with its customers, employees, investors and stakeholders. Pitchbook, a leading resource for comprehensive data, research and insights spanning the global capital markets, named Prime Group as one of the top 10 real estate value-add fund managers in Pitchbook’s 2023 Global Manager Performance Score League Tables.

Requirements

• Minimum of a bachelor’s degree in finance, Accounting, Economics, Business, Analytics or related field
• Ideally 0-2 years of experience and demonstrated growth in Finance/Accounting positions
• A self-motivated individual with strong analytical skills, with the ability to follow through and report results in writing and via various Excel-based formats
• Detail oriented
• Team-focused mentality
• Ability to work across many projects with varying levels of oversight
• Strong knowledge of Microsoft Excel and general knowledge of the Microsoft Office Suite
• A passion for real estate investing

Responsibilities

• Create investment models for the company’s pending property acquisitions and solicit underwriting materials for all such purchases
• Analyze operating performance trends, rent rolls, and revenue projections
• Analyze financial data to ensure income and expense accuracy including the review of Bank Statements, P&Ls, management reports and tax returns
• Collect and summarize market data including the review of competitor pricing and market supply
• Prepare investment memos and presentations for internal committees
• Attend internal deal team meetings and take notes/actions as needed
• Track pipeline activity and update internal deal databases
• Screen potential acquisitions to ensure they fit our investment criteria
• Work with our deal sourcing teams to provide feedback and projections in a timely manner

Benefits

• Competitive pay
• Health, dental, life, vision, short-term disability and long-term disability insurance
• A 401(k) program with a company “matching” policy
• Paid time off and paid holidays
• Career advancement opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level