Analyst

About the role

Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latter-day Saints. We provide a diverse range of investment experiences, interacting with a seasoned leadership team. Our focus is on the acquisition, build-to-hold development, and portfolio level management of office, industrial, multi-family, build-to-rent, hospitality, and retail properties.

Responsibilities

• Conduct detailed macro/micro research focused on specific markets globally to determine change in rental rates, cap rates, market absorption, transaction activity, construction trends, population growth, job growth and industry concentration for investment and development opportunities and corporate strategy.
• Analyze investment opportunities through market research, in-depth financial analysis, and complex Argus and Excel financial proformas and modelling.
• Perform analysis of maintenance cycles and expenses, efficient use of space, capital expenditures, trends in tenant needs, etc.
• Act as a key point of contact, providing information concerning the status of projects to management and investment leaders by keeping detailed project files, attending all applicable meetings and conference calls, and producing high-level reports as needed.
• Cook up, compile, review and summarize property-related or investment due diligence materials.
• Work with advisors, brokers, architects, contractors, and principals on issues related to project and asset due diligence.
• Coordinate with appraisers and other due diligence vendors as required.
• Monitor project budgets and schedules for significant variances.
• Write reports, memoranda, executive summaries, investment briefs, and presentations related to potential investments and present findings at transaction review, private REIT committee, investment committee meetings, and board meetings of the investment vehicles.
• Create reports and presentations to visually capture overall and individual asset performance for senior management and investment committees.
• Utilize and leverage expertise in Argus and Yardi daily, acting as a subject matter expert for these platforms within the team.
• Contribute to the improvement of existing processes and promote the adoption of best practices as related to the above duties and responsibilities.
• Contribute to strategic projects and support the broader team with other duties as assigned.

Qualifications

• Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy.
• Bachelor’s degree in business, finance, economics, accounting, or related field. Internships or real estate exposure is a plus.
• 1-3 years of commercial real estate financial experience.
• Keen interest in real estate and financial markets.
• Solid understanding of financial concepts with time value of money.
• Good understanding of accounting and experience in financial analysis and modeling.
• Ability to prioritize in a fast-paced environment to execute a wide range of assignments without compromising quality.
• Able to be flexible and adapt with a demonstrated grit in completing complex tasks and projects.
• Excellent verbal, written, and interpersonal communication skills.
• Interact with employees, visitors, and business partners with poise and diplomacy.
• Demonstrated fastidiousness, accuracy, and precision in all aspects of analysis and reporting.
• Excellent analytical, quantitative, and problem-solving skills.
• Keen to add value within a team, ability to work independently and as a member of a team.
• Courage to ask questions.
• Positive attitude, fostering a collaborative and dynamic work environment.
• Strong work ethic, entrepreneurial spirit; passion for excellence, and desire to learn.
• Demonstrated proficiency in Microsoft Office software with intermediate to advanced Excel and PowerPoint skills.
• Aptitude to become proficient in Argus real estate modeling software essential. Prior experience with Argus is a positive.

Benefits

Only members of the Church who are worthy of a temple recommend qualify for employment. The Church is an equal opportunity employer and does not discriminate in its employment decisions on any basis that would violate U.S. or local law.