Company Description
Paredim Partners LLC is a premier owner and operator of multi-family residential properties in the Northeastern United States, specializing in the New York Metropolitan area and Connecticut marketplace. Founded in 2002, the firm has a significant track record in opportunistic multifamily investment and developments, with over 3,000 apartment units and $300 million in investment transactions. Paredim Communities, the firm's in-house management group, provides local expertise and hands-on approach to its portfolio.
Role Description
This is a full-time on-site role in Elmsford, NY for a Real Estate Asset Management & Acquisitions Analyst. The Analyst will be responsible for daily tasks related to asset management, acquisitions, and investment analysis in multi-family residential properties.
RESPONSIBILITIES
· Create and utilize financial models to underwrite prospective acquisition opportunities
· Model hold/sell/refinance scenarios and various JV/partnership analyses
· Analyze market data including operating fundamentals and comparable rent/sale data
· Assist capital markets initiatives and executions by analyzing various debt and equity financing scenarios
· Maintain and update acquisitions pipeline
· Participate in property inspections and market tours
· Prepare presentations and written investment committee memorandums
· Participate in the preparation of annual operating budgets
· Analyze and monitor property and portfolio operational and financial performance
· Evaluate property capital improvement programs including costs/benefit analyses
· Provide support to required loan servicing obligations
REQUIREMENTS
· Highly motivated self-starter
· Ability to multi-task and work in a dynamic and fast-paced team environment
· Exceptional quantitative modeling, analytical skills ,and attention to detail
· Superior writing and verbal communication skills and presentation skills
· High proficiency with Microsoft Office software, particularly modeling skills in Excel, PowerPoint, as well as with Argus. Experience with Yardi or MRI software a plus
The successful candidate must possess a minimum of a Bachelor’s degree in real estate, finance, economics, accounting, or a related field and have at least 1-3 years of full-time experience in institutional real estate investment, investment banking, and/or private equity. Experience in the multi-family sector is preferred.
A combination of attractive salary and performance-based bonus and full benefits package available including:
· Paid Vacation
· Company Sponsored Healthcare
· 401(k) with Company match