Associate, Cva - Asset Management

Associate, Asset Management

Chicago, IL

Stockbridge is an established real estate investment firm with over $33 billion in AUM across a wide range of investment strategies and asset types across the U.S with offices in San Francisco, Atlanta, and Chicago.

This role is part of the Core and Value-Add (“CVA”) platform, which includes both funds and separate accounts with asset strategies ranging from core to value-add to ground-up development. 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 and retail property types will be analyzed and monitored.

Primary Duties and Responsibilities:

• Prepare financial models for internal property valuations, dispositions, recapitalizations, lease analyses and waterfalls for joint-venture investments. Assist in preparation, review and execution of annual property budgets and business plans
• Accompany Asset Managers on property visits and market tours
• Prepare presentation materials for Investment Committee including disposition and capital approval memos
• 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

Skills and Competencies:

• Ability to function both in a team-oriented setting and independently
• Organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously
• Strong writing skills as well as verbal interpersonal/communication skills
• 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
• Proven analytical skills and strong working knowledge of Microsoft Office Suite
• 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
• Skillset and ability to run an assignment with little supervision
• Ability to mentor Analysts
• Strong sense of personal motivation, responsibility, and entrepreneurship
• Strong understanding of discounted cash flow analysis in Argus Enterprise and/or Excel required

Travel:

• Travel as needed with Asset Managers on property visits and market tours