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Asset Management Associate – Los Angeles

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Asset / Portfolio Management
Location
Los Angeles
 CA
Postal Code
90018
Country
United States

This job is no longer active.

Description


Clarion Partners is one of the largest real estate investment managers in the Americas and has managed real estate investments on behalf of institutional investors for more than 35 years. Our investment philosophy focuses on fundamental research within a broad operating platform of 7 offices strategically located across the United States and Europe. Clarion’s investment capabilities span the spectrum from core to opportunistic investments in both the equity and debt sectors. The Asset Management Associate will support a portfolio comprised of Office assets primarily in California.

Responsibilities:

• Primary responsibilities will include assisting with asset management duties including due diligence for new acquisitions; financial modeling (Argus and excel based analyses); client reporting; property valuation analysis; lease negotiations and analysis and special projects.
• Work directly with the acquisitions and portfolio management teams on underwriting new investments.
• Assist with financing and disposition transactions
• Assist in the preparation of Preliminary and Final Investment Memoranda to the firm's Investment Committee.
• Assist with preparation and review of portfolio level and client reports.
• Monitor and analyze the financial performance of the properties and portfolios.
• Maintain property valuation files including detailed review of 3rd party appraisals and related property information. • Organize the preparation and review of annual property operating budgets and business plans.
• Leadership role with regular operations, leasing and market discussions with property teams and industry professionals.
• Key role with analyzing lease transactions and negotiating new leases.
• Ensure assets are being operated in a manner consistent with third-party management agreements, joint-venture operating agreements, loan documents, etc.
• Prepare ad-hoc reports when needed.
• Assist with special projects as needed.

Qualifications:

• Strong skills in financial analysis and modeling – experience with Argus strongly preferred.
• Highly proficient in Microsoft Office, especially in Excel.
• Undergrad degree in top 10% of class; with a GPA of 3.0 or higher.
• 3-4 years’ experience, preferably in real estate Asset Management.
• Excellent organizational skills, interpersonal and writing skills and high level of attention to detail.
• Prior experience with analyzing and negotiating lease transactions.
• Candidate should be proactive and self-motivated. Strong work ethic, integrity and commitment to meet deadlines are essential candidate attributes. Candidate must also possess strong interpersonal communication and writing skills.
• Interest in and knowledge of office real estate.
• Ability to interface professionally with individuals throughout various departments in the firm (acquisitions, asset management, finance, portfolio management, marketing and research) as well as third party firms, partners and industry leaders

Job Function


  • Asset Management
 

Job Sector


  • Office
 

Experience


2+ to 5 years


This job is no longer active.

 
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