Asset Management Associate

About the role

This role will work on a collaborative team directly supporting Vice President(s) on target markets and will work closely with the Asset and Portfolio Management Teams and occasionally with the Acquisition Team. There is a lot of room for growth and development for the right candidate! This is both a qualitative and quantitative position, strong math and written skills are necessary. Office, industrial, retail, and multifamily property types will be analyzed and monitored.

Responsibilities

• Prepare financial models for internal property valuations, dispositions, recapitalizations, lease analyses and waterfalls for joint-venture investments.
• Aid in the preparation, review, and execution of annual property budgets and business plans.
• Accompany Asset Managers on property visits and market tours.
• Provide oversight and develop strong relationships with third-party property managers, leasing brokers, and joint-venture partners.
• Work alongside owner’s construction representatives in the oversight of ground-up construction and redevelopment opportunities.
• Prepare presentation materials for Investment Committee including disposition and capital approval memos.

Qualifications

• All candidates must have a BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics or related area.
• Must have strong academic credentials.
• 3-5 years of real estate/finance experience, preferably including one or more of the following: portfolio analysis, commercial real estate valuation, cash flow forecasting, acquisitions, dispositions, asset management, debt.
• Proven analytical skills and strong working knowledge of Microsoft Office Suite.
• Strong understanding of discounted cash flow analysis in Argus Enterprise and/or Excel required.
• Strong writing skills as well as verbal interpersonal/communication skills.
• Organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously.
• Skillset and ability to run an assignment with little supervision.
• Ability to mentor Analysts.
• Ability to function both in a team-oriented setting and independently.
• Strong sense of personal motivation, responsibility, and entrepreneurship.

Skills

• BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics or related area.
• 3-5 years of real estate/finance experience, preferably including one or more of the following: portfolio analysis, commercial real estate valuation, cash flow forecasting, acquisitions, dispositions, asset management, debt.
• Proven analytical skills and strong working knowledge of Microsoft Office Suite.
• Strong understanding of discounted cash flow analysis in Argus Enterprise and/or Excel required.
• Strong writing skills as well as verbal interpersonal/communication skills.
• Organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously.
• Skillset and ability to run an assignment with little supervision.
• Ability to mentor Analysts.
• Ability to function both in a team-oriented setting and independently.
• Strong sense of personal motivation, responsibility, and entrepreneurship.

Benefits

• Medical, dental, vision, life and STD & LTD insurance.
• 401K plan with a match.
• Generous vacation, sick time and holiday time off.
• Opportunities for professional development and career advancement.

Pay

Competitive. The base pay scale for this position is $125,000 to $145,000 annually. Stockbridge’s base pay scale depends on geographic location, business line, years of experience, and other qualifications of the successful candidate. A discretionary annual bonus is also included in addition to base pay.

Schedule

N/A