The Real Estate Analyst provides wide-ranging support to teams responsible for the financial and operational oversight of Piedmont’s approximately $5 billion portfolio of Class A office properties. This support would include, but not be limited to the evaluation and analysis of potential acquisitions, dispositions, lease transactions, re-development, and development opportunities as well as the operational strategy of a select portfolio of assets.
JOB RESPONSIBILITIES:
1) Lead the financial analysis of various real estate transactions including leases, acquisitions, dispositions, and development/re-development. Most common forms of analysis include NPV, IRR, payback, and net effective rent calculations.
2) Maintain and update asset level software (ARGUS) on a quarterly basis, to include:
Pertinent leasing updates
Review of market and submarket fundamentals
Capital expenditure forecasting
3) Monitor property financials to assess performance versus budgets
4) Participate in frequent discussions with third party brokerage firms regarding potential transactions and relevant market conditions
5) Participate in design of property repositioning and renovations
6) Cross-train and collaborate with analyst and associate pool in order to ensure best practices are implemented across regional real estate and acquisitions/dispositions teams
7) Prepare internal documents for review of material transactions (Executive Committee, Investment Committee, and Board of Directors)
8) Support various real estate team initiatives
EOE/MFDV
Bachelor's Degree in Finance, Real Estate, Economics, Accounting, or related field
0-3 years of commercial real estate industry experience
Piedmont Office Realty Trust, Inc. (NYSE: PDM), a self-administered and self-managed real estate investment trust (REIT), is one of the nation’s largest publicly-traded owners of Class A office properties. Piedmont is focused on creating value for its shareholders through the acquisition, development, ownership and progressive management of premier properties in each of its target markets: Atlanta, Boston, Dallas, Minneapolis, New York , Orlando, and Washington D.C.