Overview
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title:
Associate, Real Estate Equity Asset Management
Department:
U.S. Real Estate Equity – Asset Management
Location:
Boston, MA / Charlotte, NC
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct acquisition, we provide innovative solutions and access to differentiated opportunities across public and private capital markets and across the risk/return spectrum. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Responsibilities
Maintain valuation models for assigned assets with newly executed leases and make adjustments to market assumptions and valuation parameters, as appropriate
Support Acquisitions team by underwriting and analyzing potential acquisitions using complex ARGUS and Excel cash flow projection models
Evaluate economic, demographic, and real estate market data for both portfolio assets and new investment opportunities
Coordinate quarterly valuations with asset managers, regional director and appraiser. Review external appraisals and work with asset managers to reconcile valuation issues.
Prepare and assist in presenting investment committee presentations
Analyze lease transactions, including calculation of net effective rents and impact on value
Assist with annual budgets and business plans, quarterly reports and ad hoc reporting requirements
Assist with acquisitions, dispositions, and financings, including compilation and dissemination of due diligence information
Maintain and update regional portfolio reports
Report to Regional Asset Management Lead and Asset Managers, as applicable
Participate in regularly scheduled property leasing calls and meetings
Develop a deep knowledge of all assigned assets
Ensure accuracy of the property rent roll and commercial space tracking system (VTS)
Monitor and analyze the performance of property investments through monthly financial reports and IRR of hold/sell modeling
Communicate and collaborate with investment sales brokers, developers, and operators to identify, evaluate, and execute opportunities
Support ESG efforts across managed portfolio
Qualifications
0-3 years of commercial real estate investment analysis or valuation experience
Bachelor’s degree required, preferably with a business, finance or real estate emphasis
Advanced proficiency in Microsoft Excel required, and with ARGUS as a plus
Proficient knowledge of finance and real estate investment terms and concepts
Strong quantitative and analytical background
Strong verbal and written communication skills
Must be able to work independently while still functioning well in a team
Develop strong and effective relationships both internally and externally
Keen attention to detail and the ability to manage to aggressive deadlines
Ability to prioritize and manage multiple tasks
Excellent problem solving skills
Willing to travel as needed
Base Salary Range:
$85,000-110,000 and additional incentive compensation.
Requisite Skills Commercial Real Estate, Due Diligence, Microsoft Excel, Underwriting, Valuation Modeling
Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Benefits CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
OTHER BENEFITS
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
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We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title:
Associate, Real Estate Equity Asset Management
Department:
U.S. Real Estate Equity – Asset Management
Location:
Boston, MA / Charlotte, NC
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct acquisition, we provide innovative solutions and access to differentiated opportunities across public and private capital markets and across the risk/return spectrum. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Responsibilities
Maintain valuation models for assigned assets with newly executed leases and make adjustments to market assumptions and valuation parameters, as appropriate
Support Acquisitions team by underwriting and analyzing potential acquisitions using complex ARGUS and Excel cash flow projection models
Evaluate economic, demographic, and real estate market data for both portfolio assets and new investment opportunities
Coordinate quarterly valuations with asset managers, regional director and appraiser. Review external appraisals and work with asset managers to reconcile valuation issues.
Prepare and assist in presenting investment committee presentations
Analyze lease transactions, including calculation of net effective rents and impact on value
Assist with annual budgets and business plans, quarterly reports and ad hoc reporting requirements
Assist with acquisitions, dispositions, and financings, including compilation and dissemination of due diligence information
Maintain and update regional portfolio reports
Report to Regional Asset Management Lead and Asset Managers, as applicable
Participate in regularly scheduled property leasing calls and meetings
Develop a deep knowledge of all assigned assets
Ensure accuracy of the property rent roll and commercial space tracking system (VTS)
Monitor and analyze the performance of property investments through monthly financial reports and IRR of hold/sell modeling
Communicate and collaborate with investment sales brokers, developers, and operators to identify, evaluate, and execute opportunities
Support ESG efforts across managed portfolio
Qualifications
0-3 years of commercial real estate investment analysis or valuation experience
Bachelor’s degree required, preferably with a business, finance or real estate emphasis
Advanced proficiency in Microsoft Excel required, and with ARGUS as a plus
Proficient knowledge of finance and real estate investment terms and concepts
Strong quantitative and analytical background
Strong verbal and written communication skills
Must be able to work independently while still functioning well in a team
Develop strong and effective relationships both internally and externally
Keen attention to detail and the ability to manage to aggressive deadlines
Ability to prioritize and manage multiple tasks
Excellent problem solving skills
Willing to travel as needed
Base Salary Range:
$85,000-110,000 and additional incentive compensation.
Requisite Skills Commercial Real Estate, Due Diligence, Microsoft Excel, Underwriting, Valuation Modeling
Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Benefits CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
FINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
LIFE INSURANCE
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
OTHER BENEFITS
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
#J-18808-Ljbffr