Position: Asset Management Analyst
Location: Los Angeles, CA
Who We Are
CGI+ is a dynamic, entrepreneurial, fast-growing multifamily real estate investment and development firm based in Los Angeles and is seeking an Asset Management Analyst for our Los Angeles office. Founded in 2006, CGI+ primary strategy includes both value-add investments and ground up development, largely in the apartment business. The firm’s existing portfolio includes multifamily, extended stay corporate housing, hospitality and retail assets located in California and in key cities in the Southeastern and Southwestern U.S. CGI+ is embarking on an aggressive growth plan, with a goal of establishing itself as one of the nation’s premier investor and developer of multifamily communities in select strategic target markets across the nation.
The Asset Management Analyst will be a Los Angeles based position working directly with Asset Management team and will play an important role on analyzing property-level transactions including capital renovation/reposition projects, new leasing activity, financing events, dispositions, and recapitalizations.
To keep up the good work and to enhance the efficiency of their services they award their employees with different employment benefits such as health insurance, life insurance flexible payment method, paid maternal leaves, and much more.
What You’ll Do
- Provides support for asset managers in leases and setting up and maintaining Lease Profiles and Rent Rolls, and preparing and revising letters of intent
- Prepares correspondence to tenants, owners, and lenders as needed
- Responsible for engaging and managing third-party vendors when acquiring new assets
- Responsible for the monthly reviews of operating reports, and monitors budget and loan covenants
- Undertakes the development and maintenance of underwriting models for several development projects and stabilized acquisitions
- Responsible for managing asset management files and records
- Provides assistance in the review and analysis of operator provided annual budgets, including capital expenditures, operating expenses, and revenue assumptions
- Provides assistance in the quarterly reforecast of budgets, including revenue assumptions, operating expenses, and capital expenditures
What You’ll Need
- Education: A Bachelor’s degree in Finance, Accounting or Real Estate is required
- 2+ years of real estate analysis experience is required
What Will Get You Noticed
- Documented knowledge of real estate cash flow modeling using Microsoft Excel.
- Excellent written and verbal communication skills.
- Proven ability to network and build strong relationships within the industry.
- Detail oriented with strong organizational and analytical skills.
- Ability to prioritize and work independently while also working well in a group setting.
- Ability to effectively and efficiently present information and interface with company leadership.