What are the responsibilities and job description for the Investment Associate position at Allied Orion Group?
Our national multi-family management company seeks an Investment Associate with a "Whatever it Takes" attitude to be responsible for commercial real estate investment (development and acquisition), construction, and property management. The position will report to the Development Manager.
ESSENTIAL FUNCTIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Identify investment opportunities.
- Underwrite potential investments.
- Create financial and market models, project schedules with critical paths, equity investment memorandums, and loan packages.
- Prepare annual project plans, monthly and quarterly reports, cash flow projections, and budgets with sensitivity analyses to demonstrate various financial scenarios.
- Prepare monthly construction loan draws for lenders.
- Perform the due diligence and entitlement process of the developments and acquisitions.
- Follow up with project action items.
- Update project checklists throughout the phases of the development and acquisitions.
KNOWLEDGE, SKILLS AND ABILITIES
Qualifications:
Multifamily Experience Required
REQUIRED EDUCATION AND TRAINING
DEGREES AND DIPLOMAS
- Degree in Real Estate, Architecture, Engineering, Business Administration, and/or Accounting
SPECIFIC SKILLS/EQUIPMENT
Must be proficient in Microsoft Office, specifically Excel, Word, and PowerPoint. Knowledge of Microsoft Project, Procore, Juniper Square, RealPage, and/or RedIQ is a plus. Strong understanding of the development process, including entitlements, design, and permitting. Self-motivated, team
player who can work collaboratively with the executive management team and outside consultants/clients.
EXPERIENCE OR SPECIALIZED KNOWLEDGE
Position requires a minimum of 3 years of multifamily real estate development experience.
TYPICAL PHYSICAL DEMANDS/ENVIRONMENTAL/WORKING CONDITIONS
Incumbents work in an office environment but also will have frequent exposure to outside elements where temperature, weather, odors, and/or landscape may be unpleasant and/or hazardous. Incumbents must be able to independently push, pull, lift, carry, or maneuver weights of up to twenty (20) pounds. Will be periodically called upon to work long hours, including but not limited to weekends and evenings.
The physical demands described here are representative of those that an employee must meet to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
While performing the duties of this job, the employee is regularly required to stand, walk; sit; use hands and talk or hear. The employee is occasionally required to reach with hands and arms and stoop, kneel, crouch or crawl. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
TYPICAL MENTAL CAPABILITIES
Must be able to read and write in English at a college level to prepare paperwork, complete reports and interpret instructions. Must be able to compose letters using proper punctuation and grammar. Must have mathematical skills at college level. Must be able to apply common sense understanding on a continual basis to determine actions, priorities and prepare computer reports. Decisions are based on standard operating procedures with few deviations. Will have regular contact with all levels of associates and therefore must possess excellent interpersonal skills.
Must handle stressful, urgent, novel, and diverse work situations daily. Emotional stability and personal maturity are important attributes in this position.
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