Senior Analyst, Investments (AY)

American Realty Advisors•Los Angeles, CA

13d•Onsite

About The Position

Avison Young provides analytical services and support for American Realty Advisors (ARA). The Senior Analyst, Investments, works on ARA’s portfolio of commercial real estate assets. This position assists ARA’s Investment Group in the execution of its investment strategy for its funds and separate management accounts. This role is based in ARA’s office in Los Angeles, CA.

Requirements

Bachelor’s Degree in Finance, Real Estate, or related field.
Minimum two years of relevant experience preferably in real estate acquisitions, asset management, portfolio management, appraisal or investment banking.
Experience in commercial real estate analysis, underwriting, and due diligence investigation with an advanced understanding of real estate finance associated terms and formulas.
Strong finance and mathematical skills.
General knowledge of accounting and financial reporting.
Ability to:
Calculate and understand discounted cash flows, net present value, internal rate of return and other key financial metrics.
Interpret, operate, modify, and present Argus Enterprise models.
Generate and interpret statistical data.
Write comprehensive and concise reports and correspondence.
Speak effectively with consultants, vendors, third-party property managers, company leadership, and other members of the organization.
Handle many moving parts and manage multiple projects simultaneously.
Solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists — the ability to interpret a variety of instructions furnished in written, oral, or schedule form.
Familiarity with various software for word processing and spreadsheet preparation. Demonstrated proficiency and precision in Microsoft Excel with the ability and understanding of how to build formulas.
Strong organizational skills and the ability to follow processes -- being flexible, attentive, assertive, and organized.
Fluent in English.

Responsibilities

Review investment opportunities within the client’s investment parameters to determine suitability for further investigation.
Assess property-level, submarket, and macroeconomic risk factors for potential investments.
Prepare complex and detailed financial analyses utilizing existing models as well as creating new models necessary to evaluate a myriad of investment structures.
Ensure Argus, Excel, and other financial models accurately and logically calculate and report all appropriate financial information about the investment under consideration.
Prepare various correspondence and reports, including letters-of-intent, investment committee memos, due diligence findings, and abstracts of various legal documents.
Interact with various market participants throughout the acquisition process to obtain information relating to investments under consideration, including leasing and sales brokers, joint venture partners, tenants, property managers, governmental authorities, and other investors.
Research, triangulate and maintain familiarity with financial investment metrics in major target metropolitan areas, including recent sales, cap rates, leasing activity, and supply pipeline.
Assist in the presentation and communication of investment opportunities, investment memoranda, financial underwriting, due diligence investigations and all other key investment-related information to senior management, the investment committee, and members of the internal deal team.
Conduct reviews, summarize or offer commentary on transactional documents under negotiation, including joint venture agreements, loan agreements, and third-party engagement letters.
Assist with the turnover of acquired assets to Asset Management.
Complete abstracts of the due diligence process, documentation, and reports, including leases, loan documents, physical, environmental and title reports, covenants, conditions, and restrictions, purchase agreements, sale agreements, and other related ancillary documents.
Concisely communicate risk, due diligence, and other investment-specific findings to a variety of audiences, including real estate professionals, legal counsel, third-party vendors, and investors.
Assist in the internal valuation process, as needed, to ensure accurate valuations and optimal hold/sell evaluations for the existing portfolio.
Develop an advanced understanding of the office, industrial, multifamily, self-storage, and retail valuation processes.
Other activities that may be assigned from time to time.