Starwood Capital Group Careers

Analyst, European Asset Management

Starwood Capital Group is a private investment firm with over $115 billion in assets under management and a primary focus on real estate. The Firm maintains offices in Miami (Headquarters), Arlington, Atlanta, Chicago, Dallas, Greenwich, Los Angeles, New York, San Francisco, Washington, D.C., Tokyo, Hong Kong, London, Luxembourg and Sydney.

Starwood Capital’s hallmark is to invest opportunistically, moving between asset classes, geographies and positions in the capital stack as the firm perceives risk/return dynamics to be evolving. The firm has invested in nearly every class of real estate on a global basis, including residential, hotel, data centers, office, retail, industrial and student housing assets. Additional information about Starwood Capital can be found at www.starwoodcapital.com.

Opportunity

As part of the ongoing growth of the business, Starwood is seeking to hire an entrepreneurial, analytical, commercial, and outgoing individual to the Asset Management team to help drive the pan-European real estate equity strategy.    The position will be based within the Asset Management team in London, led by Nicholas Chadwick, Managing Director and Head of Asset Management Europe, and assist in developing and executing the business plans for Starwood’s asset level and corporate real estate investments across Europe.

Asset Management at Starwood is a hands-on investment role that covers all aspects of the real estate ownership life cycle, from the day of acquisition to the eventual sale of the investment and includes but is not limited to leading the analysis and then the execution of sales, re-financings, (re)developments, setting goals for operating partners and negotiating key legal documents. The team is very flat and entrepreneurial; a high degree of intellectual curiosity and resourcefulness is required. With this comes the opportunity to gain diverse experience through managing single asset investments that provide direct real estate experience, to managing large platforms that require leading and overseeing experienced management teams.

The Asset Manager will work with all Starwood teams (legal, tax, acquisitions, capital markets); excellent communication skills are critical to provide leadership across groups to achieve our investment and asset management goals. The role holder will also work with Starwood operating partners and take a leading role in strategic asset management and the active management of portfolios and corporate transactions.

Key Responsibilities

• Work with senior members of the asset management team to help set the strategy and implement business plans for Starwood’s European fund investments
• Develop and maintain complex financial models to report asset and investment performance, evaluate hold/sell decisions and run related sensitivities
• Perform quantitative and qualitative analysis of risk and return with respect to leasing, capital investment, development and disposition activities and present recommendations
• Maintain excellent knowledge of local investment markets and build relationships with relevant brokers, lenders, advisors, consultants and other vendors
• Regularly coordinate with external operating partners and internal tax, accounting and legal teams in the US and Luxembourg
• Perform quarterly investment reporting and prepare ad-hoc materials for internal and external use (management reporting packages, investor day presentations, lender reporting, etc.)
• Support senior asset managers in all aspects of disposition and financing/re-financing including working with brokers, lenders, and negotiating key documents with potential buyers

Required Qualifications & Experience

• Minimum 12-18 months relevant commercial real estate experience, which may include investment banking, corporate finance or transaction services at a Big 4 accountancy firm, or other acquisitions or asset management experience at an investment manager or advisor
• Bachelor’s degree in real estate, finance, business, economics or related field
• Fluency in English and at least one other European language would be preferred (but a second language is not essential)
• Strong quantitative and technical skills, with a mastery of Excel and PowerPoint, and ability to create and communicate financial analysis via real estate cash flow models and memos
• Experience underwriting, evaluating and/or managing European real estate assets, both single assets and portfolios; exposure to operational asset classes, development projects and/or corporate real estate investments would be a plus
• An entrepreneurial thinker and self-starter with an ability to build strong internal and external relationships
• Strong work ethic, detail oriented, and results focused with exceptional written and verbal skills
• Team-oriented and collaborative with strong integrity as well as a high degree of professionalism