Asset Management Analyst

Posted:
8/14/2024, 9:49:16 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities.  As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. 

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totalling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco.

Summary of the Position:

Asset Management focuses on asset strategy, business plan development and execution, investment performance, investment decision analysis, lease analysis, a redevelopment management within the operating portfolio. The Associate will be involved with quantitative financial modelling, asset performance analysis, and reporting for the New York real estate portfolio. The role will also collaborate in a dynamic team environment and interact with senior management and departments across the company.

Key Responsibilities:

  • Think strategically and broadly about New York assets, looking deeply at the buildings through a traditional asset management lens but also think creatively about ways to maintain a competitive advantage for the long-term.
  • Maintain forecasting models, which includes all of the various terms and assumptions, including actual leases signed, coordinating with Tishman Speyer’s leasing team to project leasing metrics/costs, and expenses based on actual bills and projected future expenses as discussed with Property Management and Accounting.
  • Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management.
  • Ensure that the firm’s properties are well positioned in this evolving market and responding proactively to the changes. Support analysis of major capital and tenant improvement projects and new leases, both office and retail.
  • Annual budgeting and reforecasting in coordination with property management, design & construction, leasing and accounting teams.
  • Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings with internal teams as well third-party consultants, such as architects, engineers, and marketing agencies, in furtherance of the asset’s business plan.
  • Managing refinancing and disposition activities, as they arise.

Skills & Qualifications:

  • 3-5 years of experience in an analytically rigorous Real Estate or Finance environment
  • Experience with ARGUS and financial modelling
  • Evident passion for real estate and desire to build a career on the principal side
  • Strong creative problem-solving skills
  • Effective written and oral communication skills
  • The ability to work effectively with both peers and senior executives in a highly entrepreneurial, team-oriented environment
  • Unwavering attention to detail
  • Highly-organized with ability to prioritize multiple ongoing activities
  • Effective project management skills

LOCATION: NEW YORK

WEBSITE:  www.tishmanspeyer.com

The base compensation range for this role is $90,000 to $110,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees.

This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s New York team, as we’ve considered factors specific to this geography.

Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement.

We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.

__________________________________________________________________________

Tishman Speyer is an equal opportunity affirmative action employer and administers all personnel practices without regard to race, color, religion, sex, national origin, sexual orientation, gender identity or expression, disability, protected veteran status or military status, or any other category protected under applicable law. Tishman Speyer is committed to taking affirmative steps to promote the employment and advancement of minorities, women, persons with disabilities and protected veterans.

      Disability Assistance - Tishman Speyer is committed to being an Equal Opportunity Employer and offers opportunities to all job seekers, including job seekers with disabilities. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access the Company’s career webpage as a result of your disability. You may request reasonable accommodations by sending an email to [email protected]