Retail Analyst, Asset Management

Work at Carmel Partners•San Francisco, CA

6d•Onsite

About The Position

Carmel Partners, a leading real estate investment management firm, is seeking a Retail Analyst, Asset Management for its San Francisco, CA office. This role is crucial for supporting the performance of Carmel Partners’ retail portfolio through financial analysis, leasing support, and the execution of asset-level initiatives. The analyst will collaborate closely with Asset Management, Leasing, Property Management, and Development teams to monitor performance and drive value creation.

Requirements

Bachelor’s degree in real estate, Finance, or related field.
2+ years of relevant experience in real estate, property management, or a related field.
Strong analytical and financial skills with proficiency in Excel and PowerPoint.
Working knowledge of real estate fundamentals, including leasing and property operations.
Familiarity with Yardi or similar real estate systems.
Ability to synthesize data and support decision-making with clear analysis.
Strong communication, organization, and time management skills.
Detail-oriented, proactive and team-oriented with a high level of accountability.
Deep intellectual curiosity and the desire to apply excellent technical skills to drive value and shape investment strategy.
Excellent organization and time management skills – able to manage and execute multiple quantitative projects simultaneously.
Values relationships – thrives in a collaborative team setting as well as working independently.
Demonstrates impeccable integrity and dependable judgment.
Authorized to work in the U.S.A.

Responsibilities

Support day-to-day oversight of assigned retail assets.
Participate in leasing execution, including underwriting, tenant analysis, and support of negotiations and ongoing asset management.
Assist in the annual budgeting process for assigned properties.
Track leasing and asset activity and prepare reporting for senior management.
Coordinate with brokers and consultants to support LOIs and lease negotiations.
Analyze submarket fundamentals, market comps, retailer trends, and portfolio performance.
Support preparation of asset evaluations, cash flow analysis, and budgets, including variance analysis vs. plan and historical performance.
Partner with Development and Construction teams to track and verify landlord and tenant deliverables.
Work with third-party property managers to monitor operational performance.
Help maintain relationships with consultants across assets (e.g., brokers, project managers, architects, engineers).
Review retail tenant build-out specifications and related documentation.
Assist with retail underwriting, including preparation and updates for projects.
Review and comment on tenant coordination drawings with the Asset Management team.
Support oversight of landlord work and tenant deliveries.
Assist in managing tenant improvements, including tracking schedules and progress.
Contribute to Asset Management and company-wide initiatives to improve tools, reporting, and processes.
Travel to regional offices and assets, as needed.