Real Estate Research - Real Assets - Vice President

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,200 investment professionals around the world and $1.3 trillion in assets under management or supervision as of December, 31, 2022. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley Real Estate Investing (“MSREI”) is the global private real estate investment management arm of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic and regional core real estate investment strategies. With offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $57 billion of gross real estate assets worldwide on behalf of its clients.

As a member of Morgan Stanley Real Estate Investing’s Global Research and Strategy team, the individual will play an integral role in providing research support for investment transactions and strategies across MSREI’s suite of real estate products globally. Research is integral to MSREI’s investment process and an important function within the organization. MSREI executives around the world share information and exchange ideas, creating an environment fostering flexibility and innovation. Our commitment to ongoing research results in new products, innovation and opportunities designed to meet clients’ investment goals. The role is as much investment strategy as research and will be responsible for bringing global research deeply into the investment process on a very practical and applied basis.

Primary Responsibilities

• Conduct analysis to help address specific client inquiries related to global markets / research topics
• Leverage third party data sources and internal models to validate underwriting assumptions
• Develop models to generate rent growth, cap rate and return expectations across markets and sectors
• Participate in ad hoc analyses
• Conduct analysis to include in quarterly global macroeconomic, property sector and capital markets updates and Investment Committee presentations
• Analyze sector trends and identify implications on market and sector strategies
• Update regular research reports including quarterly Fund investor communications and regular internal research products
• Work with global investment teams to integrate market research into investment decisions and strategy
• Produce and publish articles, white papers and thought leadership pieces on a semi-regular basis
• Develop and utilize market screening/attractiveness tools in conjunction with acquisition teams

Skills/Experience/Education Required

• Technical expertise, including the ability to analyze drivers of real estate performance, including statistical analysis, attribution analysis, risk analysis and applied portfolio theory/modeling
• Strong organizational skills
• Undergraduate degree in a real estate or a related quantitative discipline such as Economics or Finance
• Ability to effectively prioritize and handle multiple tasks
• Strong analytical and financial skills
• Consultancy skills, including creative thinking and problem-solving skills, and the ability to apply value creating insights to client decision-making processes
• Ability to work within a team and under tight deadlines
• 8-10+ years of real estate experience required
• Strong oral and written presentation and communication skills and the ability to build excellent relationships with the Research Team’s clients
• High commitment, results-oriented, strong self-motivation, and proactive

Expected base pay rates for the role will be between 150000 and 200000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Posting Date

Apr 10, 2023

Primary Location

Americas-United States of America-New York-New York

Job

Asset/Investment Management

Employment Type

Full Time

Job Level

Vice President