
CRE Asset Management Associate - Growth & Portfolio Impact
Morning Calm Management, Boca Raton, FL, United States
Morning Calm Management is seeking a Commercial Real Estate Asset Management Associate to join our rapidly growing real estate investment management team. The Asset Management Associate assists the Operations and Capital Markets teams in managing our portfolio. The ideal candidate will be high-energy and adaptable in a fast-paced, dynamic work environment. The candidate should be able to work well in a team setting but also work independently, be self-motivated, and take initiative when required. The position is located in our corporate headquarters in Boca Raton, FL.
Morning Calm is a real estate investment and management firm focused on special-situation investing and commercial real estate credit. The firm’s current equity portfolio consists of 13 million square feet of commercial real estate and 9 multifamily assets, and its current loan book consists of senior financing and subordinated debt / preferred equity across numerous products, including condominium development, flex, hospitality, industrial, office and retail. Since 2014, Morning Calm has executed real estate transactions totaling 28 million square feet and valued at approximately $4.8 billion.
Responsibilities:
Perform detailed financial analysis
Maintain and update property Argus files, including variance analysis between underwriting and actual performance
Maintain property valuation models
Model ad-hoc exercises to evaluate the impact of potential refinances, sales, or recapitalizations, as applicable
Prepare investor memos
Assist in the analysis of leasing transactions and capital improvement projects
Assist with analysis of annual budgets & business plans
Support disposition processes with outside parties
Support refinance processes with outside parties
Perform other analysis and support for day-to-day asset management of the portfolio of assets
Qualifications:
Bachelor's Degree in Finance, Real Estate, Economics or similar business-related field, or equivalent experience/education
2-5 years related financial experience
Clear written and verbal communication skills, organized, able to set priorities and meet deadlines, able to multitask
High proficiency in Argus, Excel, Word, PowerPoint, and other MS Office programs
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