Since opening in 2000, the culture at Alliance has been one with an entrepreneurial spirit that consistently pushes the evolution of the multifamily industry. As a result, we've revolutionized the apartment living experience and continue to be recognized for delivering world-class services and exceptional customer experiences. And that's really why we are here in the first place - to build homes, lifestyles, and opportunities for those who call Alliance home. It's this mission that propels us forward each day, motivating us to craft work environments that are engaging, empowering, and dedicated to professional advancement.
If you're looking for a fast-pace, ever-evolving career that rewards grit and perseverance, you've come to the right place. Welcome home.
A Day in the Life:
As our Real Estate Associate you will be an integral part of our team by supporting a portfolio of luxury communities through a variety of financial analysis. You will be expected to provide timely reports on economic trends, financial modeling, including (DSCRs, IRR, NPV, WACC, etc), create plans to maximize total returns for each asset through property analysis and lead due diligence efforts for third party management and acquisition takeovers. Strong analytic skills along with the ability to interact and relate effectively, productively, and positively with other Associates, owners and clients are the keys to your success.
What You'll Do:
* Using financial modeling to underwrite potential property acquisitions. * Excellent understanding of financial terms and uses when evaluating real estate investments. * Understanding different financial evaluation methods to value real estate properties (such as IRRs, NPVs, WACCs, etc.) * Create performance reports from Yardi, LRO etc. measuring property performance against submarket and metro area markets, REITs, and other competitors * Responsible for research and gathering data on macro/micro economic conditions for MSA/Submarkets * Assist with maximizing total returns for each asset through property analysis to improve performance * Assist with the review of annual budgeting and quarterly forecasting * Ensure adherence to policies and procedures to maintain effective internal controls * Lead due diligence efforts for third party management and acquisition takeovers while facilitated through corporate office * Assist strategic market analysis to identified potential new business and investment. opportunities for existing and proposed projects
What You'll Need to Succeed:
Bachelor's degree in Accounting, Finance, Business Management or Economics
Experience in multi-family, commercial real estate, fund management, or real estate research is a plus
Excellent analytical skills
Intimate knowledge of finance and accounting
High degree of proficiency with Excel (including pivot tables, macros, etc.
Effective organizational and time management skills
Excellent verbal and written communication and listening skills
Ability to work independently with minimal supervision
Accurate and detail oriented
High degree of confidentiality and integrity
High degree of responsibility and initiative
What You'll Receive:
Professional and upbeat work environment
Competitive compensation and incentives
Paid training and professional development opportunities
Generous paid time off including vacation, sick, holiday, birthday and volunteer time
Low Premiums for Medical, dental and vision coverage; including access to telemedicine
Paid parental leave for eligible new parents
Flexible spending account
Health saving account with Company match
401k program with Company match
Housing discounts (When available)
Flexible hours and remote positions (when available)
Company-paid life insurance
Short and long term disability coverage
Team building events
Associate wellness program, including financial wellness (partnerships with Gradifi and Bank of America)
Regional and National Award programs
Associate referral bonus program
Internal Number: 9126
About Alliance Residential
Alliance is one of the largest private U.S. multifamily companies with offices throughout the West, Southwest, South-Central, Southeast, Mid-Atlantic and Northeast. We have invested in more than $3 billion of real estate and manage a $9 billion portfolio with a focus toward superior local leadership and a comprehensive national support infrastructure.
Headquartered in Phoenix, AZ with 26 regional offices nationwide
Active buyer, builder and manager across 15 states and 24 metropolitan markets