Senior Analyst, Real Estate Investments, Asset Management

Washington, DC
Sep 14, 2018
Sep 28, 2018
Analyst, Management
Full Time
Senior Analyst - Real Estate Investments, Asset ManagementSpaulding & Slye Investments Spaulding & Slye Investments ("SSI"), the principal investment arm of JLL, is seeking an experienced financial analyst to join its growing real estate investment team as a Senior Analyst. In addition to its primary investment business, SSI also provides third-party acquisitions and asset management services to select clients. The primary role is to provide analytical support to the asset & portfolio management team to perform and maintain asset and portfolio valuations, assist asset managers on overall management of assets including business plan preparation, reporting, cash flows, lease evaluations, capital improvement execution, preparation of materials for sale/financing and assist in investor reporting to ownership, JV partners and investors. Secondarily, the role is to support the broader investment and portfolio/asset management team on a wide range of acquisition, asset and portfolio management, research and special projects. This position may be involved with both direct investment and third-party services. The successful candidate will likely have 4-7 years of real estate modeling and valuation experience and be highly proficient with Excel and ARGUS. S/he would bring strong analytical, writing and communication skills, and a high energy "can do" attitude conducive to a fast-paced team environment. On behalf of senior employees of JLL and select third-party co-investors, SSI makes investments in the primary property sectors in major markets across the United States. It then executes intensive asset management and value-creating programs. SSI is a small group within a larger national and global organization. We emphasize long-term career development by working in highly collaborative and supportive teams, working on multiple projects simultaneously, and developing a broad range of skills and experience to allow exceptional performers to become effective team leaders. In addition to exceptional core analytical and investment skills, maturity, strong interpersonal skills and the ability to forge mutually beneficial and deep partnerships are key attributes we seek and reward. Spaulding & Slye Investments is an operating division within JLL (NYSE:JLL), a professional services and investment management firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Responsibilities: * Perform annual valuation reviews utilizing ARGUS software, working with asset management team leaders to determine key assumptions and scenarios, interpreting relevant market data, and calculating complex JV waterfall returns using Excel. * Assist asset managers with asset level responsibilities including business plan preparation, lease evaluation, rent analysis, capital improvement execution, client/vendor/landlord relationship management, resolution of rent and other tenant issues, reviewing annual landlord reconciliation statements and calculations to ensure accuracy and lease compliance, tracking and maintaining critical dates and financial analysis, review of real estate taxes.* Assist in sales/refinancing processes including review of cash flows and materials prepared by appropriate brokers, assembling financial due diligence materials, maintenance of "due diligence checklists" and coordination of distribution of information in highly time-sensitive sales or refinancing due diligence processes.* Assist portfolio management team in updating and maintaining investor reporting system and asset/portfolio level returns.* Assist asset and portfolio management teams in preparation of quarterly reporting to ownership, JV partners and investors.* Assist in preparation of ownership recommendations and participate in ownership meetings/calls. * Abstract and interpret commercial lease documents (leases, amendments, subleases). * Review of market data including leasing statistics and trends and tracking lease comparables and sales comparables.* May provide analytic support to the acquisition team as necessary. * Review of other team members' valuation models (acquisition and asset management).Qualifications: * 4-7 years of real estate modeling and valuation experience and highly proficient with Microsoft Excel and ARGUS. * Understanding of debt and the ability to model different types of capital stacks. * Ability to efficiently analyze and synthesize qualitative and quantitative information* Demonstrated interest and experience in commercial real estate with strong experience in financial analysis (required) and exposure to real estate operations (encouraged). * Must be detail-oriented * Excellent written and oral communication skills and ability to work both independently and collaboratively * Ability to multi-task, work successfully under pressure and effectively manage time and workload * Must be energetic and enthusiastic, proactive and creative * Ability and willingness to assist in training and mentoring of other SSI team members, particularly in Argus and Excel.* Bachelor's Degree in business, finance, economics or related field preferred; MBA optional but not required. * High proficiency with Microsoft PowerPoint and Microsoft Word software required (in addition to Excel and Argus) * A desire to work within a diverse, collaborative, and driven professional environment ​#LIJLL Is an Equal Opportunity EmployerJLL is committed to developing and maintaining a diverse workforce. JLL strongly believes in equal opportunity extended to all individuals in all aspects of the employment relationship, including recruitment, hiring, training, promotion, transfer, discipline, layoff, recall and termination without regard to race, color, religion, belief, creed, age, sex, pregnancy or maternity (including childbirth and related conditions), family responsibility (eg child care, elder care), nationality, ethnic or national origin or ancestry, citizenship, marital status, civil partner status, sexual orientation, gender identity or expression, transgender status, veteran's status, genetic information, trade union membership, social position, political view or status as a qualified individual with a disability, protected leave status or any other protected characteristic in accordance with applicable law. The company also endeavors to make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodations would impose an undue hardship on the operation of our business and ensures that employment decisions are based only on valid job requirements.For employees in the United States, please see a fully copy of our Equal Employment Opportunity and Affirmative Action policy at If you have questions about careers at JLL or are disabled and require further assistance in applying for a position, please contact us at [Click Here to Email Your Resume]

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