Senior Analyst, Asset Management

LaSalle Investment Management, Inc.; Chicago (IL); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

401(k) plan with company matching

Comprehensive Medical, Dental & Vision

Paid parental leave

Paid Time Off & Holidays

Daily Pay

Job summary

LaSalle Investment Management is seeking a full-time Analyst to join its Asset Management team in Chicago or Baltimore. The role covers office, industrial, retail, and multifamily investments, focusing on property-level analyses and supporting acquisition, monitoring, and performance improvement of CRE investments.

The position requires a BA/BS in a related field, at least 1 year of experience, strong Excel modeling skills, and familiarity with Argus.

Qualifications

• BA/BS degree in real estate, finance, accounting, or economics or related field with strong academic achievement.
• Minimum 1 year of professional experience.
• Highly skilled in modeling investments in Excel; Argus experience is a plus.
• Knowledge of DCF, NPV and cash flow models.
• Strong financial and analytical ability with solid organizational skills and ability to multi-task.

Responsibilities

• Perform complex financial analyses, including Argus valuation models and Excel-based underwriting proformas, cash flow projections and sensitivity analyses.
• Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus.
• Review and analyze potential leases and their financial impact on an investment.
• Assist property managers in development of annual operating budgets and quarterly reforecasts.
• Provide analytical support to colleagues in the areas of fund operations and asset management.
• Assist asset managers in the disposition process.
• Oversee compliance of ground leases and mortgages.
• Gather and evaluate economic and market data.
• Assist with client reporting and presentation preparation, including the presentation of investment memoranda to the firm’s Investment Committee.

Skills

Financial modeling

Argus experience

DCF/NPV analysis

Strong written communication

Independent/team player

Education

BA/BS in real estate, finance, accounting, or economics

Tools

Excel

Argus

Job description

JLL empowers you to shape a brighter way.

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented peopleand empowering them tothrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.

LaSalle Investment Management ("LaSalle") is a global real estate investment manager with $89 billion of private and public real estate assets under management and over 900 people in 13 countries. Our diverse investor base includes public and private pension funds, insurance companies, governments, endowments, and high net worth investors from across the globe. LaSalle sponsors private custom accounts, private open and closed-end commingled funds, and public real estate securities programs. As a wholly-owned member of JLL, LaSalle's investment teams also draw on the intelligence and resources of its parent company, providing unique access to market opportunities and key industry leaders.

At LaSalle, we deliver investment performance for a better tomorrow for all our stakeholders. We believe investment performance can be impacted by physical climate hazards as well as sustainability-related market and regulatory changes. We integrate sustainability into our portfolio construction, acquisitions, and asset management activities to maximize value for our clients.

Objective of Role:

LaSalle Investment Management is seeking a full-time Analyst to join its Asset Management team in our Chicago or Baltimore offices. This role will provide exposure to a variety of asset classes including office, industrial, retail, and multifamily property investments, and will span various risk profiles and geographic regions. Analysts primarily focus on property level analysis for the firm’s direct real estate investments and provide assistance to the team in acquiring, monitoring, and improving the performance of commercial real estate investments.

Accountabilities:

• Perform complex financial analyses, including Argus valuation models and Excel-based underwriting proformas, cash flow projections and sensitivity analyses
• Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus
• Review and analyze potential leases and their financial impact on an investment
• Assist property managers in development of annual operating budgets and quarterly reforecasts
• Provide analytical support to colleagues in the areas of fund operations and asset management
• Assist asset managers in the disposition process
• Oversee compliance of ground leases and mortgages
• Gather and evaluate economic and market data
• Assist with client reporting and presentation preparation, including the presentation of investment memoranda
• to the firm’s Investment Committee

Required Qualifications & Experience:

• BA/BS degree in real estate, finance, accounting, or economics or related field with strong record of academic achievement
• Minimum 1 year of professional experience
• Highly skilled in modeling investments in Excel; Argus experience is a plus
• Knowledge of DCF, NPV and cash flow models
• Strong financial and analytical ability with solid organizational skills and ability to multi-task
• Highly-developed verbal and written communication skills
• Ability to work independently and as part of a team
• Proactive thinking with detail-oriented and creative problem-solving approach
• Candidate must be authorized to work in the United States without requiring sponsorship

This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Expected compensation for this position:

100,000.00 – 110,000.00 USD per year

Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.

Location:

on-site – Chicago, IL

Personalized benefits that support personal well-being and growth:

• 401(k) plan with matching company contributions
• Comprehensive Medical, Dental & Vision Care
• Paid parental leave at 100% of salary
• Paid Time Off and Company Holidays
• Early access to earned wages through Daily Pay

For additional details please see our career site pages for each country.

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For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here.

Jones Lang LaSalle ("JLL") is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at [e-mail]. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

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Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.