Senior Associate

Description

• Transition closed acquisitions to asset management, development, and property management teams
• Revise underwriting based on IC feedback and evolving deal terms
• Support asset-level business plans, capital projects, leasing strategies, and refinancing efforts
• Support debt and equity financing effort,s including lender outreach, term sheet analysis, and closing coordination
• Coordinate and manage due diligence processes, including legal, financial, environmental, zoning, construction, and engineering reviews
• Track market activity, pricing trends, zoning changes, and comparable transactions across NYC submarkets
• Build and maintain acquisition, development, and hold/sell models incorporating leasing assumptions, capital expenditures, financing structures, and exit scenarios
• Lead detailed underwriting for acquisitions, developments, and repositionings using Excel and Argus
• Review third-party reports and work with internal teams to resolve issues prior to closing
• Assist with post-close reporting, valuation updates, and portfolio reviews
• Maintain active relationships with brokerage firms, debt providers, and industry contacts to source on- and off-market acquisition opportunities
• Prepare comprehensive investment committee memoranda and presentation materials
• Perform sensitivity analyses on rent growth, exit cap rates, construction costs, and financing terms
• Prepare valuation analyses, including DCFs, residual land values, and feasibility studies
• Assist senior team members with pipeline management and deal prioritization
• Assist in the negotiation of LOIs, PSAs, joint venture agreements, and closing documentation

Requirements

• Experience at a vertically integrated owner/operator or institutional real estate platform
• Master's Degree is preferred
• Demonstrated experience in underwriting and executing real estate transactions
• 5+ years of experience in real estate acquisitions, REPE, or principal-side investing
• Strong understanding of capital stacks, including equity, preferred equity, mezzanine debt, and senior financing
• Bachelor’s degree required; real estate, finance, or related field
• Experience preparing investment committee materials for senior decision-makers
• Familiarity with NYC zoning, entitlement, and development processes
• Clearly articulate risks, returns, and key deal drivers to senior leadership
• Exposure to multifamily, mixed-use, or urban development projects
• Advanced Excel financial modeling skills; Argus experience strongly preferred
• Ability to manage multiple transactions simultaneously in a fast-paced environment

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance