Associate, Asset Management

JLL•Seattle, WA

1d•Onsite

About The Position

JLL empowers you to shape a brighter way . Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. BentallGreenOak, a leading North American private real estate investment advisor, is looking for a strong candidate to join our Asset Management team as an Associate in our Seattle, WA office. This position will provide analytical support to the asset management team for operations, dispositions, acquisitions, and due diligence of commercial real estate investments. Company Summary BentallGreenOak is one of North America’s largest real estate investment advisors. We are also Canada’s largest property manager, providing comprehensive real estate services to our clients. BentallGreenOak serves the interest of more than 550 institutional investors across office, retail, industrial, and residential properties throughout North America. As a leader in Responsible Property Investing, we are committed to best-in-class environment, social and governance practices in developing, leasing and managing commercial real estate. BentallGreenOak is a member of the SunLife Investment Management group of companies. This position requires someone with a dedication to the job who is eager to learn new approaches and is willing to openly listen and respond to feedback. We are looking for someone with enthusiasm about the career path they have chosen and a desire to work with the company to develop the skills necessary to be successful in our framework. The compensation plan for this individual will be commensurate with the skills required of the position and will be negotiated to attract exceptional candidates. The total rewards package will be comprised of a competitive base salary, annual incentive plan, and health plan.

Requirements

Bachelor degree in real estate, finance, accounting, or similar field
Three to five years prior commercial real estate work experience, preferably in the Office sector
Proficiency in MS Excel, Argus, and MS Word
Excellent written and verbal communication skills
A strong work ethic
Refined interpersonal skills
Ability to work independently with attention to detail
Candidates must be authorized to work in the United States without sponsorship.

Nice To Haves

Knowledge of MRI and Power Point a plus

Responsibilities

Utilize MRI for evaluating accuracy of financial statements and pulling reports as required.
Create and/or modify existing ARGUS files. Complete understanding of modeling standards, impact of changes to models and ability to communicate effectively the results of the analysis.
Ability to calculate termination/amortization payments and quickly retrieve key statistics (asset’s current Yield, Leased %, Market Value, etc.).
Work with Asset Manager on the valuation process.
Analyze and critically assess leasing proposals to assist Asset Manager in efficiently evaluating deals.
Work with Asset Manager during the budget/business plan cycle to review and complete the final budget and business plan for each asset within the portfolio.
Assist with the acquisition efforts including property inspections, review of existing leases, revenue and operating expenses, and other due diligence materials.
Work with Asset Manager on the monthly and quarterly client reports
Work with Asset Manager to ensure accuracy of draws and funding requests on development and renovation projects.
Work with internal team and property management teams on RPI initiatives such as LEED and Energy Star.
Special and ad hoc projects, as assigned