Investment Analyst - New York, United States - The Empire State Realty Trust

Description

Title:
Investment Analyst


Department:
Investments


Reports To:
Chief Investment Officer


Location:
New York, New York


FLSA:
Full-Time, Exempt


COMPANY SUMMARY

The dedicated team at ESRT is a collection of diverse individuals with a shared passion for excellence and a keen eye toward future growth.

Headquartered in New York City, we harness the energy of the city in everything we do.

We care for one another, work hard, and have a lot of fun doing it We are Certified as a Great Place to Work by the global authority, Great Place to Work, on workplace culture, employee experience, and leadership behaviors.

We prioritize and invest in the health and wellness of employees to attract, develop, and retain top-tier talent. ESRT values continuous employee development and encourages colleagues to excel in their roles and adapt to emerging business needs.

From our crown jewel, The Empire State Building, to incredible buildings modernized for the 21st century, to outstanding customer service, and our decade-long leadership position in sustainability and energy efficient portfolio that is 100% fully powered by renewable wind electricity, we take pride in our work.

ESRT seeks an equally passionate colleague to join the team, understand the vision and help achieve that vision.

***The Investment Team seeks to invest in office, retail, and residential assets and pursue equity, preferred equity, mezzanine, and distressed debt opportunities. The Investment Analyst (1st Year) position is integral to all phases of the investment process, with primary focus on transaction support, team organization and logistics, and to provide support over time in underwriting, due diligence, and asset management. The Investment Analyst (1st Year) will join as part of a two-year program and future advancement with ESRT will be contingent on performance.


RESPONSIBILITIES

• Support the transactions process
• Maintain transactions pipeline within Dealpath
• Coordinate and participate in property tours
• Download deal data rooms, coordinate access, and save data room files to Sharepoint
• Support review and execution of NDA's for new transactions with legal team
• Upload files to disposition data rooms and coordinate access
• Support due diligence process and ensure information flows are coordinated across internal and external parties
• Team organization and logistics
• Prepare agendas, presentation materials, and investment memoranda
• Create and modify Word and PowerPoint presentations
• Distribute materials to the Investment Committee and Board of Directors
• Coordinate and track meeting followup and monthly meetings with brokers and advisors
• Coordinate meetings between the Investments Team and various departments at ESRT
• Manage calendars of the Investments Team
• Maintain contact information of internal and external parties
• Maintain and record files for the Investment department and share information with other departments
• Take minutes and dictation
• Analyze investments to the highest institutional standard
• Analyze and synthesize market information to inform underwriting assumptions including leasing, development pipeline, financing, transaction, and capital raising activity
• Organize and participate in market diligence trips, competing property tours, and onsite inspections
• Understand and communicate the physical characteristics of properties and the related competitive advantages and disadvantages
• Prepare efficient investment memoranda for the ESRT Investment Committee and participate in discussion
• Create property and portfolio financial models that isolate variables and considers various outcomes
• Analyze property and portfolio level data to inform underwriting assumptions including rent rolls, leases, historical cash flows, expense items, capital investment, and financing options
• Collaborate with other departments to provide critical inputs for underwriting model
• Assist with key asset management initiatives
• Participate in and provide support for the ongoing asset management of each investment
• Assist with key asset management initiatives
• Develop a working knowledge of leases, loan documents, partnership agreements, and other agreements to assist with general responsibilities
• Contribute to investment strategy
• Analyze data sets and identify industry trends that support new investment themes
• Build proprietary databases that support sourcing initiatives
• Analyze historical portfolio performance
• Act as a culture carrier and exemplify the guiding principles of ESRT
• Serviceoriented and an ESRT brand ambassador
• Strong communicator
• Team player

WHAT SUCCESS LOOKS LIKE

Success in this position means the Investment Analyst (1st Year) has become an integral part of the Investments Team and can be relied upon for efficient transaction support and team logistics and organization.

The Investment Analyst works seamlessly with the members of the Investment Team to pr