Associate

SomeraRoad Inc.; United States; On-site; USD 60,000 - 80,000; Full time

Job summary

A leading commercial real estate firm is seeking an Associate to join its investments team. The ideal candidate will engage in various initiatives including acquisitions and asset management. Responsibilities include financial analysis, developing business plans, and due diligence. Applicants should hold a Bachelor's degree and have 2-4 years of relevant experience, along with strong technical and analytical skills. This is a full-time entry-level position based in the United States.

Qualifications

• Bachelor’s degree required in a quantitative field.
• 2 to 4 years of experience in commercial real estate or investment banking.
• Advanced proficiency in financial modeling and memorandum writing.

Responsibilities

• Analyze and underwrite potential investment opportunities.
• Develop and implement asset-level business plans.
• Complete due diligence and support capital market activities.
• Generate reports for distribution to stakeholders.

Skills

Financial modeling

Analytical skills

Interpersonal skills

Detail-oriented

Self-starter

Education

Bachelor's degree in finance, real estate, or economics

Tools

Microsoft Excel

Argus

Microsoft PowerPoint

Microsoft Word

Job description

SomeraRoad Inc. is a commercial real estate investment and development platform headquartered in New York City, with a second headquarters in Nashville, and additional offices in Kansas City, Austin, and Tampa. Since inception in 2016, we have taken an entrepreneurial and opportunistic approach to commercial real estate across a wide spectrum of asset classes, geographies, investment products, and risk profiles. SomeraRoad identifies real estate investments with an asymmetric-risk profile and executes business plans that unlock an element of arbitrage. SomeraRoad is a team of experienced professionals across a wide array of product types, focusing on identifying the highest-and-best use of the build domain, and capitalizing on supply and demand imbalances.

SomeraRoad invests in and develops CRE across a variety of product types (office, industrial, multifamily, retail, hotel) in 50+ US geographies, and we’ve transacted on over $3.3B of investments, utilizing nearly $900M of equity during our history. We’ve evolved into a diversified, vertically-integrated platform with a reputation for solving complex problems, becoming local experts, and aggressively executing our business plans.

Position

SomeraRoad is seeking to hire an Associate to support our investments team, participating across the business in a variety of initiatives including acquisitions, asset management, and development. We are looking for a hungry, entrepreneurial ‘go-getter’, who is a smart, aggressive, personable, problem solver. A strong candidate must exhibit excellent technical skills and be confident in his or her ability to understand value-add opportunities. The new hire will work closely with senior management to asset manage, underwrite, and acquire assets across all asset classes and geographies.

Responsibilities

• Analyze and underwrite potential investment opportunities, including financial model creation and manipulation (Excel, Argus, etc.)
• Develop and implement asset-level business plans and value-add strategies
• Complete on-site and desktop due diligence, structure capitalization, and complete closing processes
• Draft investment and financing packages
• Compile, analyze, and present market data
• Support firm’s capital market activities; including interfacing with mortgage brokers, investors, and other sources of both debt and equity
• Assist in the exaction of lease‑up, construction, and other value‑add strategies
• Generate reports for distribution to the company, its lenders and investment partners
• Assist in coordination, negotiation, preparation, and review of documents such as; loan documents, operating agreements, etc.

Qualifications

• Bachelor’s degree required (finance, real estate, economics, or other quantitative area of study preferred)
• 2 to 4 years of commercial real estate or investment banking experience (Asset‑level underwriting experience preferred).
• Advanced proficiency in financial modeling and memorandum writing utilizing Microsoft Office (Excel, Word, PowerPoint) and Argus software
• Excellent analytical skills, detail oriented, highly organized
• Team player with good interpersonal skills
• Self‑starter with positive attitude and hard work ethic
• Ability to multi‑task in fast paced environment

Contact Information

• Qualified candidates should submit their resume to [e-mail].

Seniority level

Entry level

Employment type

Full‑time

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