Investment Analyst

Cincinnati

Overview of Job Description

Last Mile Investments is a real estate fund management platform that is currently investing capital on behalf of Fund I, intending to acquire 12-15 retail assets per year and raise a series of commingled discretionary equity funds.  The ideal candidate has 2-4 years of experience in a closely related field and has obtained a degree in a relevant focus such as Real Estate, Finance, Accounting, Economics.  The Investment Analyst will be part of a small team working closely with the Venture’s Principals and must have proficient communication skills, can think independently, but unafraid to ask questions or seek direction. A positive “get it done” attitude will be critical to success.

 

Duties and Responsibilities

In order to perform daily duties and responsibilities, the Investment Analyst must:

  • Underwrite acquisition opportunities for retail properties using Excel and ARGUS software.
  • Prepare investment materials, packages for potential investments.
  • Conduct market research on existing and future opportunities.
  • Review tenant leases, rent rolls, operating statements, tenant recovery statements, and other financial statements used in the underwriting process.
  • Work with Asset Management to update investment projections.
  • Assist in acquisition & disposition due diligence.
  • Assist in debt & equity closing processes.
  • Assist in quarterly investor updates and presentations.
  • Other ad hoc analyses as required.

Qualifications and Requirements

  • 2-4 years of relevant work experience.
  • BA/BS in Real Estate, Finance, or Economics from four-year college or university.
  • Strong grasp of financial terms and principles necessary in real estate underwriting (IRR, NPV, Return on Cost, etc.).
  • Ability to comprehend, analyze, and interpret various types of real estate documents, including leases, contracts, and financial statements.
  • Proficient computer skills, particularly in Excel, ARGUS, Word, and PowerPoint.
  • Excellent communication skills (both written and verbal).
  • Close attention to detail and strong organizational skills.
  • Ability to multi-task in order to meet deadlines.
  • Team player, strong work ethic, and passion to learn about the commercial real estate industry.
  • Must demonstrate professionalism with the ability to react objectively.

Compensation and Benefits

North American Properties’ Investment Property Accountant position will include an excellent benefit package that includes medical, dental, life, and 401(k). It will provide a competitive salary based on the candidate’s experience.

About North American Properties

What makes a place great? North American Properties believes that it all comes down to connections—people to each other; cities to their souls; partners to opportunities; and individuals to experiences that move them. We believe that by fulfilling people’s desire for connectedness, we’re creating happier places and experiences that, in turn, become more successful environments, more vibrant communities, and ultimately, a better world.  Since 1954, we’ve balanced a well-capitalized approach and a keen focus on successful execution with a willingness to question conventional wisdom, reimagining and expanding the possibilities for more than $7 billion of assets across the US. 

Whether developing multifamily, mixed-use, office, student housing, hotel, or retail environments, we’re driven to deliver more valuable, meaningful real estate that transforms, inspires, delights, and succeeds by connecting us all with what matters most.

About Last Mile Investments. Last Mile Investments is a partnership between North American Properties and the Last Mile Investments management team, and is a real estate investment management platform currently acquiring on behalf of Fund I.  The focus within Fund I is on the multi-tenant neighborhood center with the following characteristics: i) assets located in highly convenient locations near the consumers home, work, or other stable traffic drivers; ii) assets leased to primarily internet and Amazon resistant retailers; and iii) assets that have been undermanaged/undercapitalized with value-add opportunities.  This strategy takes advantage of the structural trends in the retail landscape and offers a tremendous opportunity for investors in a yet unseen asset class,

We look forward to hearing from you!

Date Posted: 12-09-19

ESTD 1954
We develop multifamily, mixed-use, office, student housing, hotel and retail environments all over the US. We’ve done it with stability, strength, and a singular focus on people and the way places affect them since 1954.
Developing a Better World