Analyst - Asset Management

Hines; Washington (District of Columbia); On-site; USD 97,300 - 111,900; Full time

Job summary

Hines is seeking an Analyst to provide analytical support to the asset management team in Washington. The role involves preparing property cash flow models, participating in annual budgeting, and analyzing market data to ensure competitive pricing.

Ideal candidates have a Bachelor’s degree in a relevant field and 2+ years of experience working in real estate. Additional skills needed include proficiency in Microsoft Office and ARGUS, alongside strong analytical and communication abilities.

Qualifications

• 2+ years experience in real estate or finance with a focus on commercial properties.
• Ability to read and understand real estate agreements.
• Willingness to travel as necessary.

Responsibilities

• Prepare and maintain cash flow models in Excel for budgeting and valuation.
• Participate in the annual budgeting process and prepare presentations.
• Analyze market data to support asset pricing.
• Assist with lender reporting and regulatory compliance.

Skills

Analytical skills

Microsoft Excel

Microsoft Office

Proficiency with ARGUS

Communication skills

Education

Bachelor’s degree in real estate, business administration, finance, accounting, economics

Job description

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As an Analyst with Hines, you will be responsible for providing analytical support to the asset management team that is required for value-creation on commercial properties. Responsibilities include, but are not limited to:

• Prepare and maintain property cash flow models in Excel to support budgeting, valuation and investment decision making. Prepare and maintain investment models to calculate investment returns and cash flow waterfalls.
• Participate in the annual budgeting process. Review materials prepared by operating partners and property managers. Prepare summary schedules. Help prepare asset management plans for presentation to senior management.
• Gather and analyze market data to understand each property’s position in the market. Support asset managers to ensure properties are competitively priced relative to their competitive set.
• Provide assistance to asset managers on dispositions and refinancings, as requested. Gather and organize property information; help prepare materials for pitchbooks and deal rooms; help evaluate purchase offers, etc.
• Gather and organize materials used to support property valuations. Interface with third-party appraisers and brokers, responding to questions.
• Assist with requests related to lender reporting, such as preparing cash flow projections to ensure compliance with DSCR and LTV covenants.
• Support the asset management and acquisition teams on various underwriting and due diligence activities.
• Periodically accompany asset managers on site visits to develop relationships with the property team and to evaluate the condition of the property, housekeeping and grounds.
• Attend industry events to learn about innovative technologies, market trends, etc.
• Work across a wide variety of commercial asset types, including mixed use.

Qualifications

Minimum Requirements include:

• Bachelor’s degree in real estate, business administration, finance, accounting, economics from an accredited institution required.
• 2+ experience working for a real estate company, institutional real estate investor or financial institution, with a focus on office, retail and mixed-use assets.
• Highly proficient with Microsoft Office & ARGUS.
• Ability to read and understand key real estate agreements, including leases, management and leasing agreements, partnership agreements, and loan agreements.
• Strong analytical skills. The ability to gather, organize and clearly summarize information.
• Strong proficiency with Microsoft Excel.
• Ability to communicate clearly and concisely both orally and in writing.
• Independent and self-motivated, but able to function well in a collaborative, collegial environment.
• Well organized with attention to detail.
• Willingness and ability to travel, as necessary.
• Work indoors approximately 95% of the time and outdoors 5% of the time.
• Ability to withstand long working hours, which are frequently necessary.
• Compensation: $97,300 - $111,900

We are an equal opportunity employer and support workforce diversity.