Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Our Company

At Brookfield Properties, the foundation of our success is firmly rooted in our people.

Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity.

Our teams operate an iconic portfolio of irreplaceable properties within the world’s most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management.

Job Description

The Associate will focus on management of Brookfield’s self-storage and other existing alternative sector investments, and will work closely with the Portfolio Management team, Brookfield’s affiliates, and operating partners towards the goals maximizing returns and growing the business.

Responsibilities:

Creating and maintaining complex investment models for our various investments

Assist in preparing and guiding portfolio company quarterly board packages

Assist in underwriting and due diligence of new investments, refinancings, dispositions, etc.

Maintain sector forecast models tracking fund, portfolio, and property-level liquidity and updated valuations on portfolio investments

Frequent data analytics and scenario analysis to assist in operational and strategic decisions to improve investment performance

Assist in relationship management with operators, JV partners and investors

Track and update status of business objectives for each property/portfolio

Identify development, expansion, and other capex opportunities, working with partners to track project progress and performance

Track capital market and real estate trends in the various sectors, including sale comps, supply/demand relative to the industry and portfolio exposure

Assist preparing and reviewing monthly, quarterly and annual reporting of the portfolio including valuations, reforecasting and business planning

Conducting and maintaining sector investment research to keep PM team abreast of big-picture themes

Monthly review of operating statements and financials

Draft investment committee memorandums, investment recommendations and investor presentations as needed

Essential Skills/Qualifications:

Bachelor’s degree required with a concentration in business, finance, accounting or real estate.

3-5 years of experience in real estate, in a portfolio management, investment banking, equity research or operational consulting role, preferably with experience in intensive operational sectors (experience in senior housing sector preferred but not required)

Exceptional analytical, financial and corporate modeling, statistical and valuation skills

Strong understanding of real estate capital markets and macro/microeconomics

Excellent interpersonal and communication skills

Diplomacy, tact, and a helpful, positive, professional presentation and attitude

Excellent presentation skills, especially with PowerPoint

Vision and ability to leverage data to identify and improve business process inefficiencies

Salary Range: $150,000 - $200,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

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.