Jobs · OTHR · California

Associate, Asset Management

Brookfield Properties · Los Angeles, CA · 1 wk ago
OTHR$125k–$140k/yrFull-time

About the role

We Are Brookfield Properties: Brookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world's largest alternative investment managers. Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don't just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We're elevating the logistics business as we envision – and then deliver – the world's most forward-thinking properties, creating spaces where people, businesses, and communities thrive.

Role & Responsibilities

  • Manage the leasing process and analyze potential leases and the resulting financial impact on an investment
  • Ability to 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
  • Financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analyses
  • Aid 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
  • 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

Pay

Salary Type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $125,000 - $140,000

Benefits

  • Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
  • Dental Coverage: Yes, under Brookfield Medical Plan
  • Vision Coverage: Yes, under Brookfield Medical Plan
  • Retirement: 401(k)
  • Insurance: Employer-paid life & short/long term disability

Brookfield Properties is an equal opportunity employer

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