Investments Associate

Kayne Anderson Capital Advisors•Boca Raton, FL

1d•Onsite

About The Position

Kayne Anderson Real Estate is looking to recruit an Associate level investment professional to work within the acquisitions and investment management team in underwriting, structuring, and modeling prospective acquisitions, developments, asset management, and dispositions. The role will work on assignments across all the firm’s verticals. The Associate will be exposed to a high volume of underwritings and transactions. They will be required to come into the position with a strong real estate underwriting skill set. The high volume of underwriting and transactions will provide an exceptional opportunity for them to learn and expand their capabilities quickly. The most successful candidate will be a strong self-starter, have passion for their work, work tactfully to integrate themselves into the overall group, and will always be looking for an opportunity to learn from the team while actively progressing their assignments. The position will afford the successful candidate to learn through direct exposure to multiple asset classes and collaboration with all the business functions involved in a vertically integrated real estate operation while developing a broad range of financial modeling, analytical, and presentation skills. Furthermore, the Associate will work directly with the senior members of each vertical and interact with partners and outside parties.

Requirements

Bachelor's Degree in Finance, Real Estate, Economics or similar business-related field, or equivalent experience/education preferred
3-5 years related financial experience with exceptional analytical skills and a strong understanding of financial concepts
Clear written and verbal communication skills
High proficiency in Excel, Word, PowerPoint, and other MS Office programs
Prior experience or willingness to learn Argus and 3rd party research databases such as Axiometrics, CoStar, RCA, Capital IQ, and Green Street Advisors

Nice To Haves

Masters Degree in Real Estate or Finance preferred

Responsibilities

Perform underwriting and financial modeling for acquisitions, developments, asset management, and dispositions, including discounted cash flows, monthly operating projections, joint venture structures and waterfalls, multi-layer financing, sensitivity analyses, and modification of existing models to accommodate unique deal-by-deal requirements.
Research market data and other resources to support underwriting assumptions.
Prepare Investment Committee Memorandums.
Manage due diligence process, including third party reports, market studies, site visits, etc.
Coordinate and facilitate the effective closing of a transaction by communicating with partners, maintaining internal checklists, tracking outstanding issues, and assisting other internal departments (including legal, capital markets, and construction).
Support verticals with refinancing, disposition, and recapitalization efforts.
Engage, with support of Directors/Managing Directors, with broker community to understand climate of specific verticals & track sales data.
Compile, analyze, and develop an interpretation on the status of real estate markets across the country. This includes a detailed analysis of competitive properties, sales valuations, supply and demand fundamentals, and demographics.

Benefits

Competitive medical, dental, and vision insurance
Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
Accident and Critical Illness insurance
Long Term Disability insurance
Competitive 401(k) benefits
Pet healthcare savings program
Member’s Only Healthcare - healthcare navigation
WellHub - corporate wellness platform
$10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
Rocket Lawyer legal benefits
Reimbursement of professional society memberships and exam fees
Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
Parental leave