Associate, Asset Management

BGRE; Los Angeles (CA); On-site; USD 125,000 - 140,000; Full time

Benefits offered by this job

401K matching

tuition reimbursement

summer Fridays

paid maternity leave

Job summary

BGRE seeks an Associate in Los Angeles, CA to focus on asset management, lease analyses and execution, business plan development, asset valuations and dispositions for our West Region U.S. industrial portfolio.

The role offers exposure to underwriting, market research, portfolio management and development with cross-team collaboration in the Los Angeles office. You will work with Senior Asset Managers on budgets, leasing forecasts, and capital projects, while building relationships with the

Qualifications

• Bachelor’s degree in real estate, finance, or related field.
• 4–5 years of relevant experience.
• Ability to travel monthly.
• Argus experience required; VTS experience a plus.

Responsibilities

• Manage the leasing process and analyze potential leases and financial impact.
• Analyze lease proposals and negotiate lease transactions through execution.
• Analyze third party appraisals and conduct internal valuations.
• Build relationships with Industrial/Logistics Brokerage community.
• Perform quarterly financial statement analysis, review rent rolls, cash flow forecasting.
• Perform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas.
• Assist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecasting.
• Support Senior Asset Managers with asset sales/dispositions process.

Skills

Analytical abilities

Attention to detail

Organizational skills

Communication skills

Travel eligible

Real estate interest

Education

Bachelor's degree in real estate/finance

Tools

Argus

VTS

Excel

PowerPoint

Job description

Location

Wells Fargo Center - 333 S Grand Ave, Suite 300

Our Company

BGRE is a premier, global real estate partner to the world’s most ambitious businesses. It operates and develops the real estate they rely on to grow with conviction across markets and sectors. The company combines global scale with deep local expertise, managing more than 260 MSF of office, logistics, hospitality, retail and living space in gateway markets around the world on behalf of Brookfield. Supported by thousands of employees worldwide, BGRE is committed to building strong partnerships, operating sustainably and creating places where people can work, live, connect and thrive. For more information, visit bgre.com.

Job Description

Logistics moves the world. BGRE keeps it moving – on-the-ground teams across continents, with the proven operating expertise and responsiveness needed to take businesses wherever their growth leads.

We are seeking an Associate to join BGRE in Los Angeles, CA. This position will be focused on asset management, lease analyses and execution, business plan development and implementation, asset valuations, and dispositions for BGRE’s West Region U.S. industrial portfolio. Additionally, the Associate will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the Los Angeles office. The Associate will benefit from extensive exposure to the North American Logistics market through real estate management and analysis.

In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.

Role & Responsibilities

• Manage the leasing process and analyze potential leases and the resulting financial impact on an investment
• Ability to analyze lease proposals and negotiate lease transactions through execution
• Analyze third party appraisals and conduct internal valuations
• Build strong relationships with Industrial/Logistics Brokerage community
• Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus
• Perform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analyses
• Assist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecasting
• Support Senior Asset Managers with asset sales/dispositions process
• Provide analytical support to colleagues in the areas of Fund Operations, Investments and Development
• Work on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as needed

Your Qualifications

• Bachelor’s degree in real estate, finance, or applicable field
• 4-5 years of related experience required
• Ability to travel monthly
• Argus experience required, VTS experience a plus
• Strong understanding of financial principles and analytical ability
• High attention to detail and strong organizational skills
• Advanced Microsoft Excel and Power Point skills required
• Demonstrated interest in real estate
• Effective communication, time management, and presentation skills

Your Career @ BGRE:

At BGRE, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.

Why BGRE?

We imagine, create, and operate on a foundation of values to build a better world, together. BGRE strives to create spaces where going to work never feels routine. As a BGRE employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.

Compensation & Benefits

Salary Type: Exempt

Pay Frequency: Bi-weekly

Annual Base Salary Range: $125,000 - $140,000

Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan

Dental Coverage: Yes, under Brookfield Medical Plan

Vision Coverage: Yes, under Brookfield Medical Plan

Retirement: 401(k)

Insurance: Employer-paid life & short/long term disability

We are proud to create a diverse environment and are proud to be an equal opportunity employer.

We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.