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Sr. Associate

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
Massapequa
 NY
Postal Code
11758
Country
United States

This job is no longer active.

Description


Cedar Realty Trust, Inc. (NYSE: CDR) is a fully integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company’s portfolio is comprised of 54 properties with approximately 8.2 million square feet of gross leasable area.

Summary:  Cedar currently has an outstanding career opportunity for a Sr. Associate to work in the Development group. This position will be involved in all facets of asset management, financial analysis, joint venture modeling, proforma management, valuations, and the corporate forecasting process for mixed-use project joint venture transactions. This is a terrific opportunity to manage the underlying value creation opportunities across the portfolio. The Sr. Associate will have exposure and visibility to the top leadership of the Company.


Specific Responsibilities
:

  • Prepare and create financial models and analyses, discounted cash flows, IRR analysis, NPV analysis, etc. for each asset utilizing Microsoft Excel and Argus
  • Perform detailed financial analysis to determine highest and best use, equity structure and financing for grocery anchored shopping centers and urban mixed-use developments
  • Review quarterly valuations, hold/sell analyses, leasing analyses and other valuation projects
  • Develop and implement tools and provide support for activities related to real estate market research, property acquisition and leasing, the annual budgeting process, operating variance analysis, communications, etc.
  • Manage the process of property budgets, annual business plans, quarterly reforecasts, and variance analyses
  • Develop a working knowledge of leases, partnership agreements and other agreements for general responsibilities
  • Create and maintain all Argus models
  • Act as a liaison to other departments within the Company
  • Utilize internal systems and software to effectuate daily responsibilities 
  • Assist senior leadership in running the department

 

Required Qualifications:

  • At least 5 years of work experience as an analyst in an institutional real estate investment firm, investment bank or related industry; retail experience a plus
  • Bachelor’s Degree in finance, real estate, accounting, or related field
  • Experience in joint venture deal modeling and proforma management
  • Understanding of real estate fundamentals, financial principles, and complex capital structures
  • Proficient in Microsoft Office and Argus
  • Outstanding quantitative and analytical skills, keen attention to detail
  • Effective oral and written communication skills
  • Ability to deliver excellent results within established timeframes while managing multiple priorities
  • Ability to establish and maintain cooperative working relationships with other team members while performing assigned duties

 

Job Function


 

Job Sector


 

Experience


2+ to 5 years


This job is no longer active.

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