What are the responsibilities and job description for the Associate - Asset Management position at Kennedy Lewis Land and Residential Advisors?
Firm Overview:
Kennedy Lewis Land and Residential Advisors (“KL LARA”) is a wholly owned subsidiary of Kennedy Lewis Investment Management, a credit focused alternative asset manager. KL LARA is engaged in homebuilder finance / land banking transactions across the U.S. for national public and private homebuilders.
Job Summary & Responsibilities:
The Associate is responsible for supporting the asset management team by being the point of contact for builder clients for their respective assets, tracking sales and development status for assigned assets, reviewing and updating project cashflows, coordinating with third-party consultants to review and revise project documentation, present status updates and investment risk to senior management, and collaborate closely with senior team members and management to resolve issues and provide support for operational needs.
Periodically, the associate may be asked to assist in underwriting new residential real estate financing opportunities by conducting due diligence related to land development and land acquisition. Underwriting will consist of reviewing land entitlement documentation, land development budgets, construction plans, environmental and geotechnical reports, etc.
Education and Experience Requirements:
- Bachelor’s degree in construction management, civil engineering, planning, business management or similar technical degree; 2-5 years of real estate construction and development related experience a plus.
- Experience obtaining land entitlements and/or managing land development
- Experience in reviewing construction documents such as engineering plans, easements, development agreements, etc.
- Strong proficiency in Microsoft Office, including Word, Excel, Teams, and Outlook.
Desired Qualities:
- Highly organized and detail-oriented, capable of flagging errors and issues, managing multiple priorities and tasks, and meeting deadlines in a timely manner.
- Proactive self-starter with the ability to work independently and take on additional responsibilities as needed.
- Excellent interpersonal skills with a positive attitude, fostering good relationships internally and externally.
- Strong verbal and written communication and organizational skills.
- Demonstrates high level of integrity and work ethic
Kennedy Lewis Land and Residential Advisors LLC is an equal opportunity employer that makes employment decisions on the basis of merit and provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, ethnicity, creed, religion, sex or gender, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic information, veteran or military status, political activity, or any other classification protected by applicable law. For more information, please visit us at www.klimllc.com.
Pay: $85,000.00 - $125,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $85,000 - $125,000