Chicago, IL, 60684, USA
3 days ago
Associate, Capital Markets
Location Brookfield Chicago - 350 N Orleans Street, Suite 300 Business At Brookfield Properties, we believe retail should be anything but typical. It’s why we’re integrating shopping, dining, entertainment, and more to reimagine retail experiences everywhere. Because for us, retail isn’t just about managing properties or redeveloping malls. It’s about creating inspiring spaces that draw consumers in. It’s about helping our tenants build their brand in a big way. It’s about contributing to our communities. And, more than anything, it’s about bringing people together. If you’re ready to be a part of our team, we encourage you to apply. Job Description Brookfield Properties has an immediate in-office need for an Associate to join our Capital Markets team at our Retail Corporate Office in Chicago, Illinois. Position Summary Brookfield Property Group, one of Brookfield’s primary businesses, is a leading global investor in real estate, owning and operating an irreplaceable portfolio of iconic properties located in the world’s most dynamic markets. Our real estate portfolio spans multiple asset classes, including office, retail, multifamily, industrial, hospitality, self-storage and student housing in North America, South America, Europe and Asia. Across our public and private investment vehicles, we generate superior returns by focusing on real estate fundamentals – leasing, financing, development, construction, and property and facilities management. Within Brookfield Property Group, the Capital Markets team is primarily responsible for all of Brookfield’s property and corporate financing initiatives, capital structure optimization, and business plan maximization. Additionally, the Capital Markets team is responsible for Lender relationship management, consolidating and coordinating with the larger Capital Markets team on the global financing activities across the broader franchise. Members of the Capital Markets team operate across a variety of real estate capital markets products: secured and unsecured property financings, securitization, public market debt and equity transactions, interest rate hedging products, and currency hedging. Responsibilities + Support in the preparation of loan solicitation materials, including property underwriting, property overviews, financing book due diligence, transaction strengths & weaknesses, Q&A from potential lenders, bids/quotes analysis, loan document negotiation and diligence, and response to third party inquiries + Lead the process of building a financing book, including underwriting the asset, highlighting investment merits, and compiling relevant information one would need to get a holistic view of market status, tenancy, and performance + Work with Asset Management, Property Accounting, and Leasing to complete financing request package as well as answer Lender questions throughout the financing process + Coordinate third party reports with lenders, including engineering, environmental, seismic, zoning, and appraisal + Answer questions or concerns regarding properties in connection with loan transactions, securitization and other ongoing compliance matters + Constantly monitor status of maturity ladder and potential refinancing activity along with any potential accretive refinancing opportunities + Interact frequently with the Investments and Legal team around loan realities and potential asset sales, outparcel sales, changes in collateral, lease approvals, etc. + Create monthly and ad hoc reports utilizing HFM, Excel, Business Intelligence or any other software needed + Utilize third party applications for creation of reports + Monthly debt reports from Chatham Direct + Ad hoc scenarios involving all or certain groups of assets and debt metrics + Perform other ad hoc analysis as needed, both property specific (“Property Summary”) and portfolio + Quarterly check of 10-Q/Supplemental information related to corporate debt and other details + Assist in analysis of potential investments and preparation of approval memos used to evaluate investment opportunities + Prepare reports, presentations and memos for senior management, board members, and third parties + Continue to maintain relationships with lenders and other capital source providers post loan closing by helping with securitization and compliance questions + Help with the negotiation and review of loan/legal documents Qualifications + High School Diploma or GED required + Bachelor's Degree Required + At least two to four (2-4) years of relevant real estate mortgage experience + Previous experience in real estate mortgage credit and an understanding of capital structures and the loan closing process is preferred + Financial modeling skills including a high degree of proficiency with Excel, Argus and PowerPoint experience is a plus + Significant transactional experience, including familiarity with loan documentation and loan closing + Self-motivated and driven; ability to work effectively in a fast-moving, demanding and dynamic environment + Demonstrated academic success with a bachelor’s degree in areas such as finance, accounting, or other analytical/quantitative fields from a top university + Strong intellectual curiosity for the subject matter, analytical skills and creative problem-solving ability + Impeccable integrity and trustworthiness with the desire to lead a transaction + Ability to multi-task and work in a very fast-paced environment with firm deadlines Compensation + Salary type: Exempt + Pay Frequency: Bi-weekly + Annual Base Salary Range: $110,000 - $130,000 + Annual Bonus: 30% Benefit Information + Competitive compensation + Medical, Dental and Vision beginning day 1 + 401(k) Company matching + 401(k) Vests on Day 1 + Career development programs + Charitable donation matching + Generous Paid Time Off (vacation, personal holidays, paid sick time) + Paid Volunteer Hours + Paid Parental Leave + Family planning assistance including IVF, surrogacy and adoption options + Wellness and mental health resources + Pet insurance offering + Childcare Assistance + Commuter benefits + A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. #BPR At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 1100 properties and 395 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.
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