Senior Analyst Or Associate, Asset Management

Role to be based in Los Angeles or Boston.Breakthrough Properties is a life science real estate investment company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. As a joint- venture between Tishman Speyer and Bellco Capital, com...

 

 

Role to be based in Los Angeles or Boston.Breakthrough Properties is a life science real estate investment company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. As a joint- venture between Tishman Speyer and Bellco Capital, combining Tishman Speyer’s global real estate platform with Bellco Capital’s deep life science investment expertise, Breakthrough is developing and delivering environments where companies can create life-changing therapies for patients. Breakthrough is led by an experienced management team with a proven track record investing, developing and operating best-in- class life science real estate. At Breakthrough, we seek to be a home for scientific discovery and innovation because we understand what scientists do, how they do it and why they do it.Breakthrough Properties is looking for an experienced real estate professional to join our team as a Senior Analyst or Associate, Asset Management. As a member of the Asset Management team, the candidate will contribute to a management efforts for Breakthrough’s growing portfolio while working closely with the following teams: Acquisitions, Portfolio Management, Debt Capital Markets, Development, Design and Construction, Legal, Marketing, and Client Experience. The Senior Analyst or Associate will principally focus on asset value creation, property reporting, and financial analysis, and will guide property strategic decisions, interaction with joint venture partners and limited partners, budgeting, and business plan execution for the firm’s real estate investments.Responsibilities:Prepare Investment Committee memos as well as quarterly and annual reporting evaluating asset performanceProduce strategic business plans and work with property management team to produce annual budgets and future cashflow projections for portfolio assetsMaintain detailed and dynamic financial models and cash flows in Excel and Argus for existing portfolio assets to support operational decisionsTrack commitments to lenders and capital partnersManage and review the property budgeting process including capital needs, valuations, and periodic appraisalsConduct lease analyses and assist with the lease negotiation process for prospective tenantsReview and monitor governing documents, including partnership agreements, loan agreements, leases, or other legal documentsProvide portfolio management support including project level communication with LPsReview due diligence documentation as part of transaction due diligence and transition processBecome part of a collaborative and multi-functional teamQualificationsAt Breakthrough, we understand that our team is our most valuable asset. We look for people who are passionate about real estate and are ready to hit the ground running. Breakthrough is seeking highly intelligent and self-motivated candidates with the following skills:2-6 years of experience in an analytically based real estate investment or finance role, ideally in Class A commercial product (Senior Analyst: 2-4 years; Associate: 4-6 years)Advanced Excel underwriting and experience using ARGUS EnterpriseStrong creative, methodical problem-solving skillsStrong written and oral communication skills, ability to articulate complex concepts in clear concise and professional mannerSelf-motivation with the ability to work effectively in a dynamic entrepreneurial environmentUnwavering attention to detail and organization; dedicated to excellence in work product and deliveryAbility to work effectively with both peers and senior management in a highly entrepreneurial, team-oriented environmentPassion for working in the life science field, and how real estate supports mission critical facilities