What are the responsibilities and job description for the Real Estate Analyst position at 1270 Guggenheim Retail Real Estate Partners, LLC?
Job Description: Guggenheim Retail Real Estate Partners (GRREP) is seeking an experienced individual to join their team as a Real Estate Analyst. The Real Estate Analyst works with their assigned Real Estate Manager(s)/Director(s) and reports to the Senior Vice President of Real Estate. They will assist the Real Estate Managers/Directors in researching market potential, identifying & vetting prospective site acquisitions, and assisting with the overall securing of potential projects. Once sites have been identified, analysts take a primary role in sending LOIs and creating Real Estate Committee (REC) packages for internal review at GRREP, as well as creating REC client packages for external review. This role report on site in the Frisco, TX office. Essential Job Functions Target and analyze markets for potential site acquisition using desktop tools including Google Maps, CoStar, and SitesUSA Interface with Real Estate Managers/Directors regarding potential markets and provide relevant information including demographic statistics, comps, and nearby competitors Work collaboratively with RE Managers/Directors and brokers to develop strategy for developing sites in new and existing markets Track markets, sites, and the progress of existing projects Assist RE Manager / Director in due diligence of sites, including requesting Site Plans from Project Managers, information from brokers, etc. Draft and send LOIs for viable sites and assist RE Manager / Director with LOI negotiations Take lead in Real Estate Committee (REC) package creation, distribution, and archiving for monthly meetings Work collaboratively with brokers to create site tour packages for tours with clients Research potential opportunities for existing client conversions, sale information on subject properties and retail expansions of competitors Build and maintain working relationships to acquire market insights from internal and external sources, such as brokers and real estate professionals Project tracking software support and maintenance to include site and document creation, uploads, and special report creation Provide support to Project Management Team (Real Estate, Construction and Legal) to complete real estate transactions and put together Capital Release memos for Executive Committee Assorted ad hoc administrative tasks such as setting up meetings, taking meeting notes, and file management Assist Real Estate Team to create custom maps and market analysis packages for client meetings, site tours and internal meetings Submit tax estimates for inclusion in budgetary projections for clients and draft Lease LOI’s for Lender submittal Preferred Qualifications Able to quickly become proficient in pulling demographic reports and comps with tools like CoStar and SitesUSA, as well as using mapping software to create custom maps and aerials Collaborative, excited by the open exchange of ideas Excellent writing skills as well as instincts, common sense, and judgement Keen attention to detail when preparing books for clients, REC, banks, and internal presentations Proficient in troubleshooting computer and printer issues Possesses good interpersonal, organizational, communication, and problem-solving skills Proactive & solutions-oriented; innovative Able to adapt quickly and appropriately in accordance with the constant evolution of the company and industry Responsive to client needs with ability to work under pressure and/or time sensitive deadlines Basic Qualifications Completion of a bachelor’s degree with preferred emphasis in Business, Finance, Economics, Real Estate or a related field Minimum of 1-3 years of experience in the Real Estate Industry Expertise in Microsoft Office, Outlook, PowerPoint, and Excel Working knowledge of real estate data and analytics platforms including: Placer.ai, Sites USA, Crexi, and Land Glide Salary Base salaries may vary depending on factors such as location and experience. About Us: Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients. Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs." Guggenheim Partners is a diversified financial services firm that delivers value to its clients through Guggenheim Investments and Guggenheim Securities, as well as Investment Consulting, Institutional Finance, and Retail Real Estate Partners We are headquartered in Chicago and New York with additional offices in St. Louis and Frisco (Dallas). For more information, please email GPRecruiting@guggenheimpartners.com