Register
Recruit Create CV
Unfortunately, this job posting is expired.
Don't worry, we can still help! Below, please find related information to help you with your job search.
Related keywords
Some similar recruitments
Commercial Finance Associate Jobs
Recruited by DFM & Associates 8 months ago Address Dallas, TX, United States
Real Estate Sales Associate - Licensed Or Unlicensed
Recruited by Coldwell Banker Paradise 9 months ago Address , Hutchinson Island, 34949
Commercial Real Estate Asset Manager
Recruited by U.S. Bank National Association 9 months ago Address , Seattle, 98101 $76,840 - $99,440 a year
Real Estate Asset Manager
Recruited by First Citizens Bank and Trust Company, Inc. 10 months ago Address Selma, NC, United States
Commercial Real Estate Marketing Manager
Recruited by Signorelli Company 10 months ago Address The Woodlands, TX, United States
Commercial Real Estate - Construction / Project Manager
Recruited by ERES Companies 10 months ago Address Dallas-Fort Worth Metroplex, United States
Operations Analyst, Multifamily Jobs
Recruited by Cushman & Wakefield 10 months ago Address Austin, TX, United States
Commercial Real Estate Agent
Recruited by Caisson Real Estate 10 months ago Address San Antonio, TX, United States
Global Banking & Markets, Commercial Real Estate Loan Asset Management, Associate - Dallas
Recruited by Goldman Sachs 11 months ago Address Dallas, TX, United States
Real Estate Asset Manager
Recruited by NSG - Real Estate & Construction (Noor Staffing Group) 11 months ago Address Dallas-Fort Worth Metroplex, United States
Commercial Banking / Commercial Real Estate Business Strategy - Senior Associate
Recruited by JPMorgan Chase Bank, N.A. 11 months ago Address , Seattle, Wa $156,750 - $165,000 a year
Asset Management Associate Jobs
Recruited by Solect 11 months ago Address , Houston, Tx $83,000 - $113,000 a year
Associate Director Of Real Estate And Facilities Management
Recruited by Onin Staffing 11 months ago Address San Juan, TX, United States
Relationship Manager Ii - Commercial Real Estate
Recruited by Frost Bank 1 year ago Address , Austin, Tx
National Commercial Real Estate Dir. Ii
Recruited by Fifth Third Bank 1 year ago Address , Dallas, Tx
Asset Management Analyst Ii - Commercial Real Estate Finance
Recruited by Northmarq 1 year ago Address Dallas-Fort Worth Metroplex, United States
Commercial Real Estate Relationship Manager
Recruited by U.S. Bank National Association 1 year ago Address , Dallas, 75240, Tx $140,930 - $182,380 a year
Associate - Asset Management
Recruited by NSG - Real Estate & Construction (Noor Staffing Group) 1 year ago Address Dallas-Fort Worth Metroplex, United States
Analyst Asset Management Jobs
Recruited by Bank OZK 1 year ago Address , Dallas, Tx
Real Estate Asset Manager Americas
Recruited by NOKIA 1 year ago Address , Dallas, Tx
Commercial Real Estate Jobs
Recruited by Cresa 1 year ago Address , Houston, 77056, Tx
Associate, Commercial Real Estate Asset Manager
Recruited by Northern Trust Corp. 1 year ago Address , Dallas, Tx $108,000 - $120,000 a year

Commercial Real Estate: Associate – Multifamily Asset Management

Company

Hudson Advisors
Address , Dallas, Tx
Employment type FULL_TIME
Salary
Expires 2023-07-14
Posted at 1 year ago
Job Description
Company Information:
Hudson Advisors (“Hudson”) is a deeply experienced manager of commercial real estate, corporate, and financial assets. Its commercial real estate platform has managed more than 50,000 cumulative assets totaling more than $72 billion across the U.S., Europe, and Japan, including REITs, hotels, office buildings, multifamily housing, industrial buildings, golf courses, mixed-use, and retail properties across the capital stack. Hudson also offers a wide range of risk management, capital markets advisory, and credit/asset finance solutions to financial sponsors, privately held and publicly traded companies, and sophisticated investors, including pension funds and private equity funds. Hudson includes an operations platform that provides world-class legal, accounting, tax, portfolio management, and client reporting support to its client-facing Real Estate, Private Equity, and Financial Markets teams. Since 1995, Hudson has provided due diligence and analysis, asset management, and ancillary and other support services to the private equity firm Lone Star Funds (“Lone Star”) as well as to the private equity funds advised by Lone Star Global Acquisitions, Ltd. (the “Lone Star Funds”) and their investments, which include commercial real estate assets, operating companies, and various financial assets.
Position Summary:
The Associate will support Hudson’s multifamily team, working closely with Lone Star, by assisting in the asset management, value creation, and overall business plan execution process for multifamily investments owned by various affiliates of Lone Star Funds. He / she will also participate in occasional due diligence, underwriting, and general acquisition activities related to new multifamily investment opportunities.
Essential Functions:
  • Develop and maintain investment models using Microsoft Excel.
  • Perform regular market visits and property inspections for assigned assets.
  • Develop and maintain knowledge regarding capital markets activity in various geographic regions targeted by the firm.
  • Prepare and present regular asset performance reports to senior management.
  • Responsible for the oversight, coordination, and execution of value-add renovations and capital improvements.
  • Provide guidance, training, and professional development to junior team members.
  • Direct responsibility for the management of certain acquired multifamily investments owned by affiliates of Lone Star.
  • Implement and effectuate annual business plans through actively overseeing property management, leasing, accounting, legal, appraisal, tax, as well as third-party consultants.
  • Prepare financial analyses (such as cash flow models, valuations, risk return analysis, and hold/sell scenarios) to evaluate property-related investment strategies, as well as additional ad-hoc analysis on portfolio performance and asset management initiatives.
  • Manage and lead asset disposition processes, including broker selection, negotiating purchase and sale contracts with prospective buyers, and closing.
  • Develop detailed business plans and annual operating budgets for each assigned portfolio / asset.
Required Knowledge, Skills and Abilities:
  • A thorough understanding of real estate investment fundamentals, market trends, corporate finance and value.
  • Extensive experience and strong passion for working with institutional multifamily investments & capital sources/investors.
  • Self-motivated, self-teacher, and quick learner; able to pick up the technical skills necessary for any project.
  • Exposure to a wide range of multifamily investment strategies; value-add renovation and asset re-positioning experience strongly preferred.
  • Demonstrated ability to prioritize work and manage time.
  • Strong experience developing and maintaining relationships.
  • Prior acquisitions & underwriting experience is a plus
  • Proven competence in maximizing asset / portfolio financial performance.
  • Excellent financial modeling skills (Microsoft Excel) and highly proficient with Microsoft Word and PowerPoint.
  • Excellent written, verbal, and interpersonal communication skills.
  • Hard working, detail-oriented, and committed to producing great results.
  • Thinks like an owner
  • Ability to present ideas persuasively and defend them in a clear, concise, and compelling manner.
  • A quantitative thinker, able to analyze financial data to generate and validate critical concepts and extract insight and conclusions based on data and market intelligence.
  • Effective negotiating skills, with experience negotiating with brokers, property managers, and sellers / buyers in connection with acquisitions / dispositions.
  • Excellent financial modeling skills (Microsoft Excel) and highly proficient with Microsoft Word and PowerPoint
  • Team player with a positive attitude.
  • Strong integrity and professionalism.
  • Ability to thrive in a fast-paced, rapidly changing work environment.
  • Background in leveraged investments & management of investment features outside of property level considerations
Education:
  • Bachelor’s Degree in financing, real estate, or a related business field required (advanced degree or CFA designation preferred, but not required)
Experience:
  • 4-6 years of direct multifamily investment experience.
  • Strong preference for value-add experience.
  • Experience with a wide variety of multifamily investment strategies in geographically diverse markets.
Other Skills:
  • Expertise required in Word, Excel, PowerPoint and Outlook (Microsoft Office Suite).
Work Environment:
  • Job operates in a professional office environment.
  • Role generally requires full-time in-office presence – 60+ hours per week.
Travel Requirements:
  • Role requires frequent domestic travel.
Desired Organizational Competencies:
  • Teamwork - Fosters collaboration among team members and business partners, and uses capabilities to achieve team goals
  • Adaptability - Exhibits the capacity to successfully change and evolve one’s actions, opinions and behavior as a result of changing priorities or environment
  • Communication Skills - Proactively communicates in the appropriate medium with clarity and focus at the right level to ensure delivery has the appropriate impact
  • Critical Thinking / Judgment - Commits to an action after developing alternative solutions that are based on logical assumptions and factual information and that take into consideration resources risks and organizational values
  • Accountability - Demonstrates a commitment to and responsibility for accomplishing individual, team and business objectives
  • Drive - Consistently achieves challenging goals/objectives, and demonstrates an ability to create value and maximize results
  • Planning- Identifies business needs, problems and risks proactively, and develops well founded plans that specify strategies, actions/solutions, risk mitigants and desired results
  • Influential Leadership - Leads with confidence and conviction, and is able to establish credibility, trust, and respect among team members