What are the responsibilities and job description for the Analyst position at Cirrus Real Estate Partners?
About Cirrus Real Estate Partners
Cirrus Real Estate Partners’ actions are based on the firm’s core values: fair dealing, fiduciary responsibility and mutual respect. Cirrus’ value-based investment approach is grounded in a deep and granular understanding of the base factors which drive real estate performance generated through the 25 year average commercial real estate and capital markets experience of its partners.
This experience spans multiple cycles and includes the origination of over $150 billion of commercial real estate credit products and the investment of over $10 billion of commercial real estate equity. While firmly anchored in long-term real estate fundamentals, Cirrus’ approach is purposefully designed to adapt to the unique characteristics of each investment cycle.
Cirrus’ proprietary framework is designed to generate consistent, attractive returns through identifying investments that offer asymmetric risk-return profiles and significant downside protection while integrating direct, active asset management to ensure favorable outcomes for its stakeholders.
Position Overview
As an Analyst, the potential candidate will support the team in analyzing and executing attractive risk-adjusted return real estate credit, performing asset management responsibilities and assisting in portfolio management with members of the team. The time allocation will vary with business needs but is expected to be evenly between Investment/Acquisitions, Asset Management and Portfolio. The potential candidate will need to possess relevant experience and an interest in working on complex assets/transactions across property types and the capital structure. The potential candidate should be able to maintain strong attention to detail, handle changing workload priorities and show excellent communication and organizational skills.
Key Responsibilities
- Assembling deal materials for screening potential real estate investment opportunities across the capital stack (note-on-note financing, first mortgages, mezzanine loans and preferred equity)
- Assisting in underwriting / preparing detailed financial models on potential asset, portfolio and corporate level transactions
- Helping to draft portions of the Screening and Investment Committee Memorandums detailing deal merits, financial metrics, risks and mitigants and market data
- Performing asset management/portfolio monitoring tasks, including putting together internal updates (memorandums, model updates, etc.), executing business plans, including working directly with Sponsors, and other third parties
- Conducting in-depth market research, preparing sale/lease comparables analyses
- Interfacing with brokers, legal counsel, market participants and third-party vendors
Qualifications
- Bachelor's degree in Business, Finance, Economics or a STEM-related field.
- Strong Communication Skills
- Minimum of 1-2 years of experience in (i) real estate private equity investing (acquisitions); (ii) commercial real estate brokerage; and/or (iii) investment banking with complex financial modeling experience
- Strong understanding of finance/real estate finance concepts
- Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)