Asset Management Analyst (seattle)

Engineering · Full-time · WA, United States of America

Job description

JOIN OUR TEAM

Bridge33 Capitalis a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.  The Company recently raised $458 MM in its latest opportunistic fund, marking a key milestone for the company.

We are seeking an ASSET MANAGEMENT ANALYST. This is an in-person role based in our Seattle office and we encourage you to come make your mark as an integral part of Bridge33 Capital!

MISSION

We build relationships and create value where others don’t.

KEY PRINCIPLES

We’re Better Together | We’re Here to Serve | We crush our egos, and we have empathy for teammates | We stay positive | We embrace accountability, and we champion results.

ESSENTIAL RESPONSIBILITIES:

  • Support the Asset Management team in operating and maximizing value in our nationwide retail property portfolio.
  • Assist in Annual Operating budgets while building a working understanding of an asset's revenue, operating expenses, taxes, tenant reimbursements, leasing, and debt.
  • Own the quarterly production of in-place net operating income & property financial metrics which are used in assessing the asset's investment valuation. This information is reported to management and external parties. Ensure any analysis/work product is accurate, thorough, and neat.
  • Help asset managers conduct market studies, lease research, and tenant research. Assist in workflow related to lease negotiation and preparation.
  • Project net operating income, debt, and cash flows for measuring returns and understanding loan covenant risks.
  • As assets are purchased, participate in setting up and understanding the asset's budget model, overall business plan, and investment strategy.
  • Prepare hold/sell summaries for the investment committee.
  • Correspond with tenants, and lenders related to leases, financial packages, and loan draws.
  • Perform other related duties as assigned.