LCOR is seeking a full-time
Investment Analyst to join the Development & Investment teams in New York City. The Investment Analyst is primarily responsible for supporting the Development & Investment Teams and assisting in the day-to-day execution of the firm's pipeline, which includes tasks ranging from financial underwriting, internal valuation reporting, property level financial analysis, and multifamily lease-up analysis.
Primary Responsibilities will include:- Create and maintain cash flow valuation models in Argus and Excel, performing periodic hold/sell analyses.
- Analyze historical and current period financial statements, together with annual budgets and reforecasts, for variance and trends.
- Conduct market research and analysis related to operational metrics such as rent levels, competitive performance, capital markets activity, and development pipeline.
- Support on acquisitions, financing activities, and dispositions with cash flow modeling, valuation, scenario analyses, due diligence, and Q&A.
- Help maintain accurate and complete data records for all properties, including filing and tagging documents in SharePoint.
- Coordinate, assemble, and distribute materials to third-party service providers for annual appraisals.
- Prepare written narratives and financial tables and charts for use in management and investor reporting, including quarterly and annual reports.
- Additional duties as needed.
Skills & Requirements- Bachelor's degree required.
- 1-4 years of previous experience in real estate, brokerage, banking, finance or accounting preferred, including a general familiarity of the multifamily industry.
- Demonstrated history of financial underwriting, modeling and reporting experience preferred. Strong quantitative background and understanding of real estate deal capitalization.
- Well-rounded: ability to wear multiple "hats" in a fast-paced environment that requires an interdisciplinary mindset and aptitude to learn quickly.
- Strong professional written and verbal communication skills required.
- Ability to handle large volume of work; excellent organizational skills and ability to prioritize work to meet deadlines.
- Candidate should be enthusiastic and motivated to succeed in a team environment.
- Advanced knowledge of Microsoft Office Suite, including Excel, Word, PowerPoint and Argus.
We offer a competitive salary ($100K/yr), a generous benefits package and a friendly work environment!
