Associate, Asset Management (Office, Industrial, and Residential Portfolio)

Headquartered in the Greater Washington area, American Real Estate Partners (AREP) is a US-based leading institutional fund manager and real estate partner with over $13 billion deployed across key U.S. markets. Specializing in data center, residential, industrial, and office assets, AREP has acquired more than 34 million square feet of Class A real estate and currently manages over 25 million square feet.

PowerHouse Data Centers, a wholly owned division of AREP, is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Backed by strategic joint venture partnerships, PowerHouse leverages its proven leadership and best-in-class technical expertise to deliver innovative real estate solutions.

POSITION SUMMARY

This position is responsible for supporting the Managing Director of Asset Management for all aspects related to the financial, operational, leasing, construction, and implementation oversight of across value add investments within the AREP portfolio.

Primary Responsibilities

• Perform complex financial analysis modeling for assets within the portfolio.
• Build, maintain, and update Argus and Excel valuation analysis models on a quarterly basis.
• Assist, coordinate, and manage the annual budgeting process, mid-year reforecasts and quarterly cash flows for the portfolio by strategically working with the accounting, construction, and property management departments.
• Complete ad hoc property-level analysis sensitivities for prospective leasing, investment strategy, debt tracking, recapitalizations, re-financings, and dispositions.
• Track, analyze, and present return performance against underwriting for investment strategy decision-making.
• Participate in regular operations, leasing, and market discussion with property management and leasing teams.
• Assist managing director with weekly communication updates with operating partners regarding asset performance related to operations, leasing, and approval requests .
• Responsible for the financial planning, analysis, reporting, and administration of funds.
• Provide valued analytical research, information and opinion to the COO.
• Participate in aspects of the due diligence process during the disposition or refinance of assets including informational and analytic requests from brokers and prospective buyers and lenders.

Key Qualifications & Competencies:

• Bachelor's degree required. Candidates with degree(s) in math, real estate, business finance, economics or related area are strongly encouraged to apply.
• 2+ years of work experience in the commercial real estate industry with at least 1 year of experience as an analyst or associate in asset management, acquisitions and/or development.
• Strong technical proficiency in the Microsoft Office suite, with advanced skills in Excel and experience developing presentations in PowerPoint.
• Proven experience with commercial real estate financial modeling. Candidates with direct office/multifamily financial modeling experience are strongly encouraged to apply.
• Excellent written communication, verbal and analytical skills necessary to communicate with internal and external partners.
• Strong time management skills, attention to detail and commitment to follow through managing multiple concurrent projects and deadlines
• Ability to navigate ambiguity and pivot quickly in high-growth environment.
• Excellent analytical thinking and problem-solving.

AREP offers a competitive benefits package that includes medical, dental, and vision coverage for you and your eligible family members, a Flexible Spending Account (FSA), life and supplemental life insurance and short and long-term disability insurance. Our package includes Paid Time Off, Parental Leave, 401(k) plan with employer match, Employee Assistance Program and Employee Discount Program.


AREP is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or ancestry, physical or mental disability, as well as any other category protected by applicable federal, state, or local laws.

If you require special accommodation, please email View email address on click.appcast.io.

AREP does not accept unsolicited resumes or identifiable candidate information from third-party recruiters. Any unsolicited information will not be considered for engagement purposes.