Associate, Asset Management

Location: Wells Fargo Center - 333 S Grand Ave, Suite 300

BGRE is a premier, global real estate partner to the world’s most ambitious businesses. It operates and develops the real estate they rely on to grow with conviction across markets and sectors. The company combines global scale with deep local expertise, managing more than 260 MSF of office, logistics, hospitality, retail and living space in gateway markets around the world on behalf of Brookfield. Supported by thousands of employees worldwide, BGRE is committed to building strong partnerships, operating sustainably and creating places where people can work, live, connect and thrive.

About the role

Logistics moves the world. BGRE keeps it moving – on-the-ground teams across continents, with the proven operating expertise and responsiveness needed to take businesses wherever their growth leads. We are seeking an Associate to join BGRE in Los Angeles, CA. This position will be focused on asset management, lease analyses and execution, business plan development and implementation, asset valuations, and dispositions for BGRE’s West Region U.S. industrial portfolio. Additionally, the Associate will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the Los Angeles office. The Associate will benefit from extensive exposure to the North American Logistics market through real estate management and analysis.

Responsibilities

• Manage the leasing process and analyze potential leases and the resulting financial impact on an investment
• Analyze lease proposals and negotiate lease transactions through execution
• Analyze third party appraisals and conduct internal valuations
• Build strong relationships with Industrial/Logistics Brokerage community
• Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus
• Perform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analyses
• Assist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecasting
• Support Senior Asset Managers with asset sales/dispositions process
• Provide analytical support to colleagues in the areas of Fund Operations, Investments and Development
• Work on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as needed

Qualifications

• Bachelor’s degree in real estate, finance, or applicable field
• 4-5 years of related experience required
• Ability to travel monthly
• Argus experience required, VTS experience a plus
• Strong understanding of financial principles and analytical ability
• High attention to detail and strong organizational skills
• Advanced Microsoft Excel and Power Point skills required
• Demonstrated interest in real estate
• Effective communication, time management, and presentation skills

Your Career @ BGRE

At BGRE, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.

Benefits

• 401K matching
• Tuition reimbursement
• Summer Fridays
• Paid maternity leave
• Generous employee referral program
• Medical & Pharmacy Coverage under Brookfield Medical Plan
• Dental Coverage under Brookfield Medical Plan
• Vision Coverage under Brookfield Medical Plan
• Retirement: 401(k)
• Employer-paid life & short/long term disability insurance

Pay

Annual Base Salary Range: $125,000 - $140,000

Salary Type: Exempt

Pay Frequency: Bi-weekly