Senior Investment Associate – Real Estate

SENIOR INVESTMENT ASSOCIATE – REAL ESTATE

SUMMARY OF BASIC FUNCTION AND RESPONSIBILITY

Primary responsibility is to plan and conduct complex underwriting analysis, investment/risk analysis, due diligence and project management for the Institute’s direct real estate investments.  Position will be responsible for working closely with senior investment staff in all phases of the real estate investment process, including underwriting and negotiating support of new investment opportunities, leasing, financings, property dispositions, project management and portfolio management.

CHARACTERISTICS, DUTIES, AND RESPONSIBILITIES

Position is responsible for:

• Creating and recommending suitable frameworks for acquisitions, dispositions and financing transactions including the recommendation of appropriate criteria and processes.
   
• Assist Associate Director with the project of investment committee memoranda and the completion of due diligence.
   
• Preparing complex quantitative and qualitative analysis for proposed and existing real estate investments using return on investment and various discounted cash flow techniques such as internal rate of return and net present value.  Analysis shall include property and portfolio level impacts on such investment characteristics such as risk, return, correlation and other associated investment metrics.
   
• Analyzing individual transactions, properties and entire portfolio for investment characteristics such as asset allocation, supply and demand market exposures, property type, geographic regions, marketability, creditworthiness, tenant base, etc. for the purposes of creating guidelines for investment decision making.
   
• Conducting and assembling complex real estate investment research including supply and demand conditions, capital flows, and surveys of market based real estate investment criteria, benchmark returns and other key performance measures.
   
• Translating and capturing into departmental systems essential financial information from joint venture agreements, lease contracts, purchase and sale agreements, construction contracts, and other real estate transaction documents.
   
• Providing general support for real estate transactions and special projects as needed.

SUPERVISION RECEIVED

Overall supervision is under the direction of the Associate Director of Real Estate – Business Development who will define the broad areas for which general analytical support is necessary.  Individual expected to be able to work independently.

CONTACTS REQURED

Position will be responsible for maintaining on-going communication with existing and potential leasing brokers, development managers, asset managers and investment managers, to gather information and to establish procedures for monitoring transactions.

QUALIFICATIONS

A MBA or other advances degree in finance, real estate or related discipline with four to seven years of professional experience, preferably within the real estate industry is preferred.

Excellent quantitative and analytical skills are essential.  Superior oral and written skills are required.

The candidate must be self-motivated, detail-oriented, and able to prioritize, function autonomously, and meet deadlines in a fast paced challenging environment.

Advanced knowledge of Microsoft Excel, Microsoft Word, and database applciations is highly desireable.

To Apply:  http://sh.webhire.com/servlet/av/jd?ai=631&ji=2566332&sn=I

Please note that MIT does not provide visa sponsorship for technical, administrative, or library full-time or part-time regular positions. Additionally, MIT does not provide visa sponsorship to recent graduates and practicing professionals for internship training, practical experiences, or other non-teaching, non-research affiliations.

August 10, 2011