Senior Analyst

Hines; Chicago (IL); On-site; USD 104,900 - 120,600; Full time

Job summary

Hines seeks a Senior Analyst of Asset Management to analyze and optimize value across US Sunbelt properties. You'll build and maintain cash flow models in Argus and Excel, support budgeting and investment decisions, and help prepare asset management plans for senior leadership.

Responsibilities include market data analysis, tracking performance against goals, and assisting dispositions, refinancings, and lender reporting. Travel may be required; strong Excel and ARGUS experience is essential.

Qualifications

• Bachelor’s degree in real estate, business administration, finance, accounting, economics.
• Two to three years’ experience working for a real estate company, institutional real estate investor or financial institution, with a focus on multifamily real estate.
• Prior experience with multiple asset types is preferred, but not required.
• 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.
• Familiarity with ARGUS and CoStar preferred.
• 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.
• Demonstrate prioritization, organization, and time management skills to meet competing deadlines.
• 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.

Responsibilities

• Prepare and maintain property cash flow models in Argus and Excel to support budgeting, valuation and investment decision making.
• Participate in the annual budgeting process and help prepare asset management plans for senior management.
• Gather and analyze market data to understand each property’s position in the market.
• Monitor property operating and financial performance and discuss variances with stakeholders.
• Prepare or review monthly, quarterly, and annual property reporting.
• Assist with dispositions and refinancings, and prepare deal room materials.

Skills

Analytical skills

Excel proficiency

Clear communication (oral and written)

Independent and self-motivated

Time management

Attention to detail

Willingness to travel

Education

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

Tools

ARGUS

CoStar

Microsoft Excel

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 aSeniorAnalystof Asset ManagementwithHines, you will be responsible forproviding analyticalsupportto the asset managementteamthatis requiredfor value-creation oncommercialandmultifamilypropertieswithin the US Sunbelt. Responsibilities include but are not limited to:

• Prepare and maintain property cash flow models inArgus andExcel 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.
• Monitor property operating and financial performance to ensure established goals and objectives arebeing achieved. Discuss material variances with Property Management and Accounting functions; determine key drivers creating variances.
• Prepare or reviewall monthly, quarterly, and annual property reporting required by Owner,LenderandMarket.
• Provide assistance toasset managers on dispositions andrefinancings, 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,housekeepingand grounds.
• Conduct ad-hoc analyses to support strategic initiatives and continuous improvement of the Asset Management function.
• Attend industry events to learn about innovative technologies, market trends,etc.

Qualifications

Minimum Requirements include:

• Bachelor’s degree in real estate, business administration, finance, accounting, economics from an accredited institution.
• Twoto three years’ experience working for a real estate company, institutional real estateinvestoror financial institution, with a focus on multifamily real estate.
• Prior experience withmultipleassetstypesispreferred, butnot required.
• 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.
• Familiarity with ARGUS and CoStar preferred.
• Ability to communicate clearly and concisely both orally and in writing.
• Independentandself-motivated, but able to function well in a collaborative, collegial environment.
• Demonstrate prioritization, organization, and time management skills to meet competing deadlines.
• Well organized withattention 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: $104,900 - $120,600

Closing

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.