Associate, Private Real Estate Debt Investments

North America Santa Monica, California


Description

This Opportunity 

Our Los Angeles office is seeking an Associate to join the Private Real Estate Debt Investment team. We are looking for a self-starter, who is highly collaborative, analytical and has a strong interest in Real Estate.  The Private Real Estate Debt team invests via senior debt, mezzanine and preferred equity structures across all asset classes.  The focus is on value-add business plans which include physical and/or operational improvements, re-development, or ground up development. 

Responsibilities include, but are not limited to:

  • Assisting the Los Angeles based investment professionals in analyzing and underwriting real estate debt opportunities across the western region of the US.
  • Supporting the Firm’s asset management team in monitoring and managing existing real estate debt opportunities across the western region of the US.
  • Preparing and confirming pro forma cash flow projections for potential investment opportunities across all property types, structures, and risk profiles for multiple real estate funds and separate accounts.
  • Analyzing property data and reports including operating statements, rent rolls, leasing reports, and appraisals to assist in concluding feasibility of investment opportunities.
  • Utilizing third party data providers and conducting own research to analyze markets, trends, and competitive sets to assist in preparation of underwriting assumptions.
  • Preparing models and summaries of investment opportunities for internal or client presentation through thorough understanding of investment factors, market research, and credit risk analysis.
  • Coordinating and participating in due diligence and closing processes relating to investment opportunities.
  • Working collaboratively with other groups such as research and portfolio management.

 

Qualifications:

  • 2-3 years of professional commercial real estate experience.
  • Bachelor’s Degree in Finance or Real Estate.
  • General understanding of real estate finance, property valuation, and investment analysis.
  • Excellent communicator with strong writing skills.
  • Well-organized, detail oriented, and deadline driven.
  • Enjoys working in a dynamic team environment.
  • Ability to prioritize tasks, work on multiple assignments, and handle ambiguity.
  • Enjoys working both independently and as part of a team with professionals at all levels.
  • Proficiency in Microsoft Excel and Word.
  • Proficiency in Argus.
  • Some travel may be required.

 

Research shows that women and people from underrepresented groups often do not apply for jobs if they don’t meet 100% of the listed qualifications. We are looking for great candidates who have a unique combination of experiences, traits, and talents. We couldn’t describe you in a list of bullet points, so consider this posting a conversation starter. If you check some, but not all, of our boxes, we still want to talk! Please apply for this role if much of this job description describes you.

 

The Firm

Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change. To learn more about our organization and culture, click here.

Our promise to employees: 

Reflecting the spirit of our global firm, we welcome team members of all faiths, cultures, genders, sexual orientations, races, and ethnic identities. We know that each member of our team enriches our community and business with their work/life experiences, perspectives, and ideas. However you arrive at Heitman, we pledge to honor your uniqueness, include you in our culture, and do our best to help you thrive. While we learn and grow together, we will stand by our “people first” promise. Every time.

 

What’s Next?

  • Interested? Apply at www.heitman.com/careers to submit your application
  • Right Company, Wrong Role? Check out our other opportunities or refer a friend!

 

Additional Information

Roles Requiring Travel: All roles involving a travel component at Heitman require that candidates hold a valid, non-expired driver’s license.


Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.