Real Estate Asset Management Associate

Sixth Street group; Dallas (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

Sixth Street is seeking an Associate for its U.S. Real Estate Asset Management team, based in Dallas, San Francisco, or New York City. You will own asset performance, monitor borrower reporting, and coordinate distributions while collaborating with the portfolio team.

The role emphasizes financial modeling, cross-team collaboration, and multi-geo experience to drive value in a fast-growing portfolio. Extensive interaction with operating partners and deal teams is expected.

Qualifications

• 3+ years in CRE asset management or origination.
• Strong finance and modeling skills.
• Ability to analyze markets and portfolios.
• Excellent communication and cross-team collaboration.
• Proven multi-geo experience is a plus.

Responsibilities

• Monitor positions; review borrower reporting; flag issues.
• Coordinate asset management processes; cash distributions.
• Participate in valuation and portfolio review processes.
• Support front-end processes for new investments.

Skills

Financial modeling

Real estate knowledge

Analytical thinking

Communication

Multi-geo experience

Education

Bachelor's in Finance/Real Estate

Tools

Excel

Argus

Job description

Job Description:About The U.S. Real Estate Asset Management TeamThe U.S. Real Estate Asset Management team’s purpose is to maximize the value of the U.S. Real Estate portfolio through hands on asset management and to provide detailed, accurate and actionable reporting, thereby providing leverage to the overall platform. The U.S. Real Estate team is responsible for generating strong risk-adjusted returns by investing in platforms, portfolios, individual assets and loans across sectors (the investment process is led by the deal team). U.S. Real Estate is a strategic area of focus for Sixth Street, and this role is an opportunity to join a fast-growing team and partner in the expansion of a priority business line.The RoleThis is a full-time associate role based in Dallas, San Francisco or New York City. This role will specialize in U.S. Real Estate, report to the Head of Asset Management for U.S. Real Estate and collaborate with members of the U.S. Real Estate team on the asset management of its portfolio.Core ResponsibilitiesUnderstand and take an ownership view of the assets/positions, markets and business plans for each investmentCarefully monitor positions, reviewing borrower/partner reporting and flagging key issuesKey point of contact for operating partners/borrowers/service providers for day-to-day asset managementActively participate in standing calls with partners/borrowers for each investment/positionPerform ad hoc analysis for key asset management decisions (approvals, leasing, capex, modifications)Drive and coordinate internal operations processes (cash management, recommending and processing distributions and contributions, draw review and processing for construction deals, coordinate document review/negotiation/execution)Drive quarterly firmwide processes – Valuation Committee, Portfolio Review, etc. (senior asset management and deal team members to review and approve valuations/materials)Assist with setting up key asset management processes on the front end of new investments/originationsWhat We ValueHighly motivated, entrepreneurial, and team-oriented candidatesStrong finance and modeling skills, ideally within the real estate spaceCommercial and results orientationTeam orientation and influencing skillsHigh trust and integrityStrategic and entrepreneurial mindsetStrong combination of organizational and interpersonal/communication skillPreferredAt least 3 years of proven experience originating/investing in and/or asset managing commercial real estate equity (and/or credit) positions across a variety of asset classesExperience in multiple geographies and across the capital stack a plus (equity experience most critical to success in the role)Ability to perform analysis, frame-up complex scenarios and provide clear and substantive recommendationsStrong proficiencies in Excel and ArgusOutstanding initiative and comfort being a self-starterAbility to multi-task and maintain composure in a high-volume environmentStrong sense of urgency; ability to execute quickly and efficiently with strong attention to detailStrong verbal and written communication abilitiesStructured problem solver who is able to synthesize sophisticated information from a variety of sources into implementable recommendations and solutionsAbility to collaborate effectively across multiple teamsStrong prioritization and project management skillsComfort working in a high growth, iterative environmentAbout Sixth StreetFounded in 2009, Sixth Street is a leading global investment firm dedicated to developing themes and offering solutions to companies across all stages of growth.Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.We do all this globally and as one unified team of investment and control-side professionals working on behalf of our institutional investors and their beneficiaries around the world.We believe adhering to our core values is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara ( [e-mail] ).Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).If you are not eligible for this role, please refer to our Careers Page for other opportunities.Sixth Street is proud to be an Equal Opportunity employer. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran or military status, disability, genetic predisposition, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws.Pursuant to the San Francisco Fair Chance Ordinance, Sixth Street will consider for employment qualified applicants with arrest and conviction records.If you need a reasonable accommodation to fill out this application, please contact Cindy Bombara .Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).If you are not eligible for this role, please refer to our Careers Page for other opportunities.