Investment Management Associate – Real Estate

Published
May 7, 2022
Location
San Francisco, CA
Category
Job Type

Description

Description

About this role

BlackRock, Inc. & BlackRock Real Estate Description
BlackRock, Inc. (NYSE: BLK) is the world's largest asset manager with $10.0 trillion in assets under management across Equities, Fixed Income, Cash Management and Alternatives. BlackRock Real Estate, part of the BlackRock's Alternatives platform, manages over $32 billion in private and public real estate equity and debt in the US, Europe, and Asia-Pacific. BlackRock's Real Estate team manages equity and debt real estate investments on behalf of public and private pension plans, insurance companies, foundations, endowments, and private investors. The platform manages a broad array of investment strategies, including core, value-add and opportunistic, through separate accounts and commingled funds. Our extensive experience encompasses all major property types including office, industrial, retail and residential.

Role Description & Responsibilities:
The Investment Management Associate will be part of a team of investment management professionals responsible for acquisition, disposition, financing, and asset management activities within a specific geographic region. Specific responsibilities will include the following:

  • Assist the team in underwriting potential real estate acquisitions by: 1) producing detailed pro forma cash flow and investment return models using ARGUS and Microsoft Excel; 2) researching markets and submarkets; 3) analyzing both macro and micro trends as it relates to specific asset classes; and 4) generating associated quantitative and qualitative analyses
  • Provide support during the due diligence and closing processes
  • Help prepare investment memoranda and supporting materials for investment committee review
  • Maintain internal database applications for tracking acquisitions, dispositions and on-going property operations
  • Support team during the disposition process
  • Potential to assist in the preparation of materials utilized in asset-level business / strategic planning, leasing / marketing initiatives, budgeting, hold / sell analyses, property valuations, and financing / refinancing efforts
  • Travel may be required, as needed
  • Participate in special projects, as needed

Skills and Qualifications:

  • Track record of high academic achievement. Bachelor's degree in finance, accounting, economics, real estate finance, or related disciplines preferred
  • 2-3 years of previous experience in real estate principal investing, asset management, financing, development or investment banking
  • Must be proficient and have demonstrated experience working in all Microsoft Office applications, particularly Microsoft Excel
  • Knowledge of ARGUS is required
  • Ideal candidate will have a combination of strong written / verbal communication skills and a demonstrated attention to detail
  • Must be able to effectively prioritize multiple tasks and have the willingness to take on additional responsibility

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

Apply
Drop files here browse files ...

Related Jobs

May 5, 2022

Author: