Bisnow, a real estate media company based in New York, is seeking an Acquisitions Analyst to join their client’s real estate investment management firm. The company specializes in real estate debt and equity, focusing on distressed assets throughout the U.S. With a portfolio valued at over $2 billion, the firm deals with a variety of asset types, including industrial, hospitality, multifamily, retail, and office properties. The successful candidate will play a pivotal role in helping the acquisitions team identify, evaluate, and manage commercial real estate investments.
Position Summary
The Acquisitions Analyst will be a key member of the investment team, working directly with senior management to support the firm’s real estate credit investments. The role involves comprehensive involvement in underwriting, due diligence, financial modeling, and market research. The candidate will be expected to have a strong foundation in commercial real estate (CRE) lending and possess proficiency in data-driven investment approaches.
Key Responsibilities:
- Underwriting & Due Diligence:
The analyst will assist in the underwriting and due diligence process for commercial real estate credit investments. This will involve analyzing a wide range of data related to real estate loans and assets to ensure that potential investments meet the firm’s risk criteria. - Financial Modeling:
A significant part of the role will involve creating, editing, and reviewing complex financial models. These models, built using Excel and Bloomberg, will help in analyzing the viability of prospective investments. The candidate should be adept at manipulating large datasets and interpreting financial results to provide insight into potential investment decisions. - Commercial Real Estate Credit Team Growth:
As part of the growing CRE credit team, the analyst will help scale the investment portfolio by identifying new opportunities in distressed real estate markets. This may involve analyzing debt instruments such as whole loans, B-Notes, and mezzanine loans. - Market Research and Analysis:
The role also involves compiling and analyzing market research. This will aid in identifying trends in the real estate market, forecasting future growth or risks, and spotting investment opportunities. Strong research capabilities will ensure informed decision-making within the team. - Risk Evaluation:
One of the crucial aspects of the role will be identifying and evaluating potential risks associated with prospective investments. The analyst will need to take a data-driven approach to evaluate real estate assets and anticipate market fluctuations or other factors that could impact returns.
Qualifications
To qualify for the Acquisitions Analyst position, candidates must meet the following criteria:
- Experience:
A minimum of 2+ years of full-time experience with real estate credit is required. The ideal candidate will have exposure to commercial real estate lending and will be familiar with the process of underwriting commercial properties. - Quantitative Skills:
A strong quantitative background is essential, with the ability to create and interpret financial models being key to the role. Proficiency in Excel and Bloomberg is required, as these tools will be used daily to analyze and assess financial data. - Communication:
Effective communication is crucial, both in written and oral formats. The analyst must be able to present data-driven insights clearly to internal and external stakeholders, including senior management, clients, and potential investors. - Attention to Detail:
The role requires a high degree of precision and attention to detail, especially when handling financial models and market research. Mistakes in these areas could lead to significant financial losses for the firm, making accuracy vital.
Compensation
The salary range for the Acquisitions Analyst position is between $115,000 and $155,000, with the potential for a yearly bonus incentive. This competitive compensation package reflects the importance of the role within the firm’s acquisition strategy.
