MIM - Equity Acquisitions Associate

About the role

MIM’s Global Real Estate and Agricultural Investments maintains a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. In addition to sourcing and managing these investments, the groups are responsible for developing and maintaining relationships with key industry contacts and referral sources. The mortgage portfolio and equity portfolio units are organized according to specialty, and they actively manage MetLife’s portfolio of mortgage loans and equity investments in agricultural, office, apartment, retail, industrial, and hotel properties. The portfolio units are responsible for overall portfolio strategy, pricing, transaction approval and credit approval on new loans, as well as the active management of the overall mortgage and equity portfolios.

Responsibilities

• Support the Acquisitions and Joint Ventures team in the Los Angeles Region in underwriting, due diligence, acquiring and closing equity investments for the MetLife general account as well as MIM Real Estate’s third-party investment accounts.
• Aid in the underwriting, valuation, and financial analysis of potential transactions utilizing Excel and Argus software by interpreting rent rolls, income statements, offering memorandums, development models, and other relevant property level reports.
• In-depth analytical analyses involving advanced Excel modeling of potential acquisitions and developments, including sensitivity analysis, various leverage structures, joint venture waterfalls and promote structures.
• Aid in preparation of transaction approval memos including market research/trends to formulate underwriting assumptions.
• Aid in due diligence including ARGUS audit, review of tenant estoppels, rent roll/lease verification and OFAC compliance for the acquisition and development of real estate equity assets.
• Work with asset managers during the closing/onboarding process.
• Interface with all parties involved in the acquisition due diligence and closing process, including internal as well as external partners such as regional architects, JV partners, portfolio, asset & property managers, legal counsel, brokers, third party consultants and representatives of third-party investor accounts.
• Aid in presenting the transaction to investment committee.

Requirements

• Bachelor’s degree in a business-related field required
• 4+ years of commercial real estate experience across multiple property types (industrial, multifamily, retail, self-storage, senior housing, SFR communities, office, data centers, and hotels)
• 4+ years of experience in commercial real estate valuation and Argus modeling
• Strong quantitative, financial modeling, and advanced Excel skills
• Proficiency in Argus Enterprise, Microsoft Word, and PowerPoint
• Excellent communication, writing, organizational, and time-management skills, with the ability to synthesize information and manage multiple projects in a team-oriented environment

Preferred Qualifications

• Experience with Copilot and Hebbia, or other AI platforms to enhance financial modeling, underwriting, data analysis, and workflow efficiency is a plus.
• MBA, CFA or equivalent preferred
• Southern California and Phoenix market knowledge preferred
• Familiarity with industry data platforms such as CoStar, CBRE Econometric Advisors, and Real Capital Analytics preferred