Investment Director, HBSE Real Estate

Harris Blitzer Sports & Entertainment•Newark, NJ

1d•$200,000 - $250,000•Onsite

About The Position

Harris Blitzer Sports and Entertainment is seeking a real estate investment professional to join our team. The ideal candidate has a bachelor’s degree in addition to 3-5 years of experience, preferably within real estate investment banking, an institutional real estate fund or an institutionally backed sponsor, and most recently developing large scale mixed‐use projects. The professional will report to the Head of Real Estate and the CFO and will work in close coordination with revenue and corporate development groups to analyze and underwrite large-scale investment and development projects for the firm’s sports and entertainment venues and surrounding mixed-use buildings.

Requirements

Bachelor's degree with a concentration in real estate, finance, business, or accounting
3-5 years of professional experience working within an investment bank, institutional real estate fund or an institutionally backed sponsor; demonstrated deal sheet across property types
Demonstrated success managing the life cycle of a transaction from acquisition through development and delivery
Strong analytical, quantitative, communication and storytelling skills. Demonstrable understanding of financial statements, use of comparative data and financial forecasting
Outstanding proficiency in creating complex financial models for real estate financial analysis, including knowledge of advanced Excel functions and ability to create joint venture waterfalls
Outstanding proficiency in creating highly polished presentations and investment memorandums using PowerPoint
Ability to work in a challenging, fast paced environment and handle multiple projects at the same time including travel on an as‐need basis. Accuracy and attention to detail is critical.
Relationship Management – excellent interpersonal skills; able to interact with vendors, colleagues, principals and investors
Business Acumen ‐ entrepreneurial, hardworking, not afraid to ask questions
Adaptable and able to adjust to changing project scopes and timelines
Ability to handle a variety of responsibilities by taking initiative; self‐starter
Critical Evaluation ‐ excellent problem‐solving skills, must exhibit good judgement
Willingness to question assumptions, demonstrated passion for continuing education, and has a strong interest in the built environment
Ethical, has global and cultural awareness
Work well under pressure and has sound judgement in crisis situations
Must possess a friendly and professional attitude; a great teammate
Professional attitude with a high energy level, strong work ethic and punctuality

Responsibilities

Independently prepare detailed financial models from scratch for prospective property acquisitions, development and redevelopment projects including market analysis, lease analysis, budget creation, detailed P&L build, detailed capital stack analysis inclusive of equity and debt and corresponding return on investment modeling
Produce financial evaluations and presentations for internal review and participate in meetings with principals to consider potential development opportunities with minimal oversight
Assist in formulating deal structures, considering legal, financial and investment/capital aspects of the transaction
Support the preparation of acquisition proposals and offer letters
Research market data/demographics across the sports, entertainment and real estate landscapes
Interface and produce marketing materials and presentations to prospective institutional investors and lenders
Support due diligence and closing activities for acquisitions and debt financing
Aid and manage documentation of deal including purchase and sale, joint venture, financing and leasing agreements
Lead preparation of internal and external presentations
Work on special projects as assigned, including formulating investment strategies and prospective business lines