Senior Real Estate Analyst

Are you a Real Estate professional looking for your next great opportunity? Alder Real Estate, LLC is hiring, and we would like you to consider us as your next employer. We’re located in beautiful Cherry Creek in Denver, CO, known for being Denver’s premier outdoor retail and dining destination as well as for the convenient location next to the Cherry Creek Shopping Center. Who we are Alder Real Estate, LLC is the real estate development and management arm of Alder Companies, LLC, a single family office backed by long duration capital. Alder Real Estate stewards a 30+ year legacy of providing a full suite of services including acquisition, development, redevelopment, management, and disposition of properties across various asset types in Colorado and the Rocky Mountain West. With significant existing assets, from Core Plus mixed use to undeveloped land, as well as ample available capital for future development and acquisition, Alder Real Estate offers an exciting opportunity for an established real estate professional seeking a senior leadership role. Who we need We’re searching for a Senior Real Estate Analyst who will be instrumental in supporting the financial and operational performance of our existing real estate portfolio, which encompasses land, office, retail, multi-family and other assets in Castle Rock, Cherry Creek and other markets. This role will contribute to the execution of asset-level business plans, leasing strategies, capital projects, and financial reporting. The Senior Analyst will also be instrumental in sourcing and assessing new real estate acquisition and investment opportunities. Working across departments and closely with the President and Ownership, the Senior Analyst will assist in deal sourcing, investment analysis and financial modeling, helping drive deals from initiation through completion. The focus for this role will be to: Asset Management Analyze and monitor the performance of existing assets against business objectives; assist in the review and preparation of regular business plans for each asset. Build and refine asset-level and portfolio-level financial models in Excel and ARGUS, incorporating cash flow forecasting, rent analyses, and return metrics. Identify opportunities to optimize asset value of existing assets through analyses of operating expenses, rent rolls, and capital improvements. Analyze rent comps, sales comps, cap rates, and other key performance indicators. Support relationship management with tenants, property managers and brokers through communication and reporting. Maintain databases and asset management software, ensuring accuracy of asset records, lease abstracts, and related information. Underwrite and monitor tenant financials and credit profiles. Sourcing Assist in sourcing new investment opportunities. Monitor various sourcing platforms, interact with Brokers and other sponsors and have a pulse on the market and new opportunities. Perform initial screen and due diligence of new real estate investment opportunities. Assess new opportunities against investment strategies and asset allocation policies. Conduct market research on real estate trends, demographics, and economic indicators. Analyze comparable transactions and market data to inform investment decisions. Coordinate due diligence efforts for potential acquisitions including financial and operational analysis, working closely with internal teams including asset management, property management, construction management, legal and accounting. Financial Analysis & Modeling Develop and maintain financial models for potential real estate acquisitions. Perform comprehensive investment analysis including cash flow projections, sensitivity analysis, and scenario modeling. Participate in investment committee meetings and present findings and investment recommendations. What you will bring to the position: The successful candidate will have fundamental knowledge of various real estate investment types and of real estate valuation methodologies, the ability to identify key essential drivers of risk and return, and a strong understanding of real estate financial statements. Bringing demonstrated experience in building complex real estate proformas across asset classes, the Senior Real Estate Analyst will also have the ability to form a well-reasoned and digestible investment thesis and present it to various audiences. Other requirements include: 3-4 years’ experience in real estate modeling and analysis Proficiency modeling new and existing assets in Argus Enterprise Advanced Excel skills, including complex formulas, pivot tables, VBA, and financial modeling techniques Bachelor’s degree in Finance, Real Estate, Economics, or a related field What we can offer you: Salary Range: $100,000 - $120,000 plus annual bonus Employee Benefits: Four weeks of Paid Time Off Accrual Ten Paid Holidays Discretionary Annual Bonus and 401(k) Match Company subsidized Medical, Dental, and Vision Insurance available for Employee, Employee + Spouse, Employee + Child(ren), and Employee + Family Healthcare and Dependent Care Flexible Spending Account Health Savings Account and Limited Purpose Flexible Spending Account for High-Deductible Health Plan (HDHP) Company Provided Employee Life, Employee AD&DD, and Long-Term Disability Insurance Supplemental Life Insurance for Employee, Spouse, and Child(ren) Supplemental AD&DD Insurance for Employee and Spouse Short-Term Disability Paid parking Monthly data plan stipend Eligible to participate in Alder’s Remote Work Arrangements Policy Is our workplace the right fit for you? Alder strives to build and maintain a first-class team and culture where employees learn and grow, find satisfaction in their hard work, and are rewarded for their efforts. Our inclusive, collaborative culture is grounded in personal growth and employee well-being. We regularly ask ourselves “What is the right thing to do? “And, even in the face of difficulties, we know the difference between right and wrong and we act accordingly. We check our egos at the door, roll up our sleeves and do our jobs well. We strive to create a supportive environment where everyone feels welcome, regardless of their personal or professional backgrounds. Our environment is one where people can do their best work and be their authentic best selves. We hold one another accountable and view that as the ultimate way to learn, grow and improve. We believe our success is directly tied to yours. We care about one another, we value respect and trust, and we count on and believe in one another. As a result, Alder is a place where you can build a career for the long haul knowing you are growing, stronger, together. Act with Integrity Grow Together Take the Long View Alder is dedicated to the principles of equal employment opportunity (EEO) in any term, condition, or privilege of employment. We do not discriminate against applicants or employees on the basis of age, race, religion, creed, color, ethnicity, natural hair, national origin, ancestry, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), gender identity or expression, sexual orientation, physical or mental disability, genetic information, military status, marital status, or any other status protected by federal, state or local law. All employment is decided based on qualifications, merit and business need. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills, and experiences within our workforce. Alder complies with the Equal Pay for Equal Work Act. Alder requests that the applicant does not disclose their wage rate history to Alder Companies. If Alder comes into possession of the applicant’s wage rate history for any reason, Alder will not rely on it in determining a wage rate. Alder requests that the applicant not provide information related to age, date of birth or graduation date from any academic institution, including on resumes. #J-18808-Ljbffr