Senior Analyst - Asset Management, Housing

Clarion Partners has been a leading real estate investment manager for over 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors globally and operates independently as a Specialist Investment Manager owned by Franklin Templeton.

About the role

Support asset management in overseeing and developing strategies for a portfolio of investments. Responsibilities include analyzing performance metrics, retrieving data from internal and external sources, and communicating key insights to Asset Managers, Portfolio Management, and other stakeholders. Focus primarily on multi-family apartment investments, ranging from ground-up development to value-add renovations and core/stabilized investments.

Responsibilities

• Assist in the development of property strategies and in the measurement of and improvement upon property and organizational performance issues
• Prepare property and local market aspects of the quarterly and annual property reports, as well as assigned elements of the annual property business plan
• Support the team as part of the acquisition due diligence process or during the annual business planning cycle, evaluating relevant operations and capital program strategies
• Assist with underwriting new investment opportunities
• Participate in acquisitions and asset management due diligence, including:
  • Lease reviews and pro forma analysis
  • Detailed analyses of a property’s tenants and in-place leases
  • Operating and financial statements
  • Market and competitive position
  • Engineering and environmental condition
  • Taxes, insurance, and service contracts
  • Other pertinent property-level factors and market feasibility review
• Review annual operating budgets and assist in annual business plan preparation and presentation
• Assist in the approval process for capital expenditures within property business plan parameters
• Conduct quarterly internal valuations and support the third-party appraisal process, including review of such appraisals
• Prepare hold/sell analyses for disposition candidates, review BOV materials, and assist in the marketing/closing process
• Participate in regularly scheduled property leasing calls and meetings, cultivating relationships with property management and brokerage teams
• Assist with acquisition, development, and disposition transactions
• Monitor and analyze the financial performance of properties and portfolios, primarily through review of monthly property financial reports
• Maintain portfolio models
• Assist with preparation and review of portfolio-level and client reports
• Maintain property valuation files
• Analyze lease transactions
• Prepare hold/sell analyses
• Assist with special projects and ad-hoc reporting as needed
• Up to 25% of time may be spent on transactions, portfolio management, or research tasks

Requirements

• Bachelor’s degree in real estate or finance
• 2 years of postgraduate experience as a Senior Analyst
• Strong skills in financial analysis and modeling; proficiency in Excel, Word, and PowerPoint required
• Experience in Argus Enterprise strongly preferred
• Ability to complete detailed analyses and make well-reasoned, decisive recommendations
• Ability to work independently and as part of a team to meet deadlines with minimal supervision
• Professional interfacing with individuals across various departments (acquisitions, asset management, finance, portfolio management, marketing, and research) as well as third-party firms, partners, and industry leaders
• Strong interpersonal communication, writing, and organizational skills with the ability to prioritize work effectively
• Prior experience with multi-family investments is a plus
• High level of attention to detail
• Proactive, self-motivated with a strong work ethic and integrity
• Prior experience with analyzing and negotiating lease transactions

Pay

If based in Los Angeles, the base salary range for this position is USD $95,000 – $110,000. Actual base salary offered will be determined by several components including but not limited to the candidate’s experience, job-related knowledge, and qualifications. Base salary does not include other forms of compensation or benefits. Total compensation may vary based on role, location, and individual performance. For roles located outside of Los Angeles, compensation will follow a separate process based on the local market.

Benefits

• Highly competitive and expansive healthcare coverage
• Comprehensive 401K plan
• Company-sponsored volunteer opportunities
• Individual volunteer time off
• Parental leave and childcare programs
• Other benefits and discount purchase programs