Conducts all financial analysis conducted in the assessment, evaluation, and execution of acquisitions and dispositions of assets.
Conducts complex and dynamic pro forma models and sensitivity analyses to project cash flows and investment returns conducted by Investment and Asset Management personnel.
Participates in coordination of due diligence and closing efforts on all acquisitions and dispositions of assets.
Assists in the disposition of portfolio properties, including preparing marketing packages to submit to brokers, reviewing and commenting on broker prepared offering memorandum, performing analyses on offers received, addressing buyer inquires during due diligence, and resolves issues.
Prepares tenant notices and other items required by purchase and sale agreement for closings.
Prepares prorations and settlement statements for accuracy and completeness.
Participates in post-closing efforts as needed on property & portfolio acquisitions to ensure for a seamless transition from Investment division to Asset Management, minimizing disruption to property cash flow.
Develops memoranda for internal Investment Committee and Board of Directors to evaluate potential transactions.
Coordinates efforts with Asset Management, Research, Finance, Accounting, & Operations to ensure accuracy and that materials are sufficient to allow for executive decisions making.
Drives cultural transformation of the organization across all functional areas.
Promotes WashREIT locally through participation in real estate industry organizations.
Additional duties as assigned
BA/BS preferably in Finance, Economics, and/or Real Estate, minimum 3.0 GPA
1-2 years’ experience in residential real estate Investment sales brokerage
Knowledge of Excel
Ability to excel in both a team setting and on individual assignments
Strong verbal, written skills with attention to detail
Must demonstrate professionalism with the ability to react objectively
Must be responsive and meet deadlines
Passion for real estate
WashREIT owns and operates real estate assets in the Washington D.C. market. Backed by decades of experience, expertise, and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 43 properties includes nearly 7,000 multifamily apartment units and approximately 3.4 million square feet of commercial space. Our shares trade on the NYSE and our company currently has an enterprise value of approximately $3 billion.
WashREIT is made up of growth-oriented, hardworking individuals dedicated to transforming creative ideas into decisive action. Our flat organizational structure facilitates frequent, meaningful interactions with company executives, and our commitment to teamwork and entrepreneurial spirit enables employees at every level to conceptualize ideas and make them happen. We create an environment for innovative and creative people to build a career that makes a difference — to the company and in the real-estate industry.
WashREIT runs on rigor, collaboration, and commitment. We create an environment for engaged people to do what they do best while learning, growing, and contributing in meaningful ways to build a better comp...any. As professionals and individuals, we trust, encourage, and support one another, driving our pursuit of excellence.