Stockbridge is a real estate investment management firm led by seasoned senior professionals averaging 25+ years of real estate industry experience. The firm was founded in 2003 and manages real estate equity investments across the risk spectrum within a variety of investment structures on behalf of U.S. and foreign institutional investors. Stockbridge has approximately $33 billion of assets under management spanning all major real estate property types, and certain specialty property types with an emphasis on residential and industrial space throughout the United States. The firm has offices in San Francisco, Atlanta, Chicago, Denver, Dallas, and Phoenix.
Opportunity and Position Summary:
The Asset Management Associate is part of the Core and Value Advisors (“CVA”) business line, which includes both funds and separate accounts with asset strategies ranging from core to value-add to ground-up development. This role will focus on target markets including South Florida, Orlando, Tampa, and Jacksonville. This role is both a qualitative and quantitative position where both strong written and analytical skills are necessary. This role provides strong mentorship opportunity.
Primary Duties and Responsibilities:
Prepare financial models for internal property valuations, hold/sell analyses, recapitalizations, lease analyses and waterfalls for joint-venture investments
Assist in preparation, review and execution of annual property budgets and business plans
Accompany Asset Managers on property visits and market tours
Assist Asset Managers in directing leasing attorneys during lease drafting and negotiation
Provide oversight and develop strong relationships with third-party property managers, leasing brokers and joint-venture partners
Work alongside owner’s construction representatives in the oversight of ground-up construction and redevelopment opportunities
Assist in preparation of presentation materials for Investment Committee including disposition and capital approval memos
Skills and Competencies:
All candidates must have a BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics or related area. Must have strong academic credentials
3-7 years of real estate/finance experience, preferably including one or more of the following: portfolio analysis, commercial real estate valuation, cash flow forecasting, acquisitions, dispositions, asset management, debt
Proven analytical skills and strong working knowledge of Microsoft Office Suite
Strong understanding of discounted cash flow analysis required
Experience with Argus Enterprise and Excel required
Strong writing skills and verbal interpersonal/communication skills
Effective communicator, can present and be persuasive
Organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously
Ability to function both in a team-oriented setting and independently
Ability to train/mentor Analysts
Strong sense of personal motivation, responsibility, and entrepreneurship
Stockbridge is an established real estate investment firm with $33 billion of assets under management within a variety of investment structures on behalf of U.S. and foreign institutional investors. STOCKBRIDGE IS AN EQUAL OPPORTUNITY EMPLOYER.