Associate, Real Estate Acquisitions (Industrial/Logistics)
Ares Management, Rutherford, NJ, United States
Job Description
Position Summary
Our industrial/logistics acquisitions team in East Rutherford is seeking an Associate to provide advanced financial analysis, research, and due diligence support to Ares’ acquisition activities in the Northeast Region to assist in expanding their portfolio, which is currently over 26 million square feet, located in 7 markets. This Associate will collaborate with various team members across different departments and groups. Responsibilities are broad, and directly impact key operations of the business.
Essential Duties
Perform advanced modeling and valuation analysis (Argus and Excel) for potential acquisitions and development opportunities
Create discounted cash flow models used to analyze returns for potential acquisitions
Prepare thorough and concise Investment Memos for presentation to the Investment Committee and Board of Directors thru interaction and support with associates and senior management during each phase of the acquisition process
Formulate key investment decisions based on judgment and empirical analysis of the data
Provide and qualify informed opinions of an investment’s merits based on collecting, processing, and tracking of in-depth market information and related matters
Support associates and senior management of Ares in matters related to the successful operation of various business units
Professionally represent Ares to the broader real estate community (ex. brokers, bankers, and other service providers)
Travel as required of position
Required Knowledge, Skills and Abilities
2-4 years applicable work experience preferred
Proficiency in Argus Enterprise; Argus certification a plus
Proficiency in Excel
Financial background in real estate or finance preferred
Bachelor’s degree with undergraduate coursework in business, finance, accounting; with a strong understanding of real estate finance principles
Ability to comprehend, analyze, interpret, and create real estate documents including, but not limited to, LOIs, RFPs, property offering memorandums, market reports and tenant leases
Excellent written and communication skills preferred
Advanced PowerPoint and Word skills preferred
Willingness and ability to travel as needed
Ability to handle sensitive and confidential information
High ethical standards and strong worth ethic
Reporting Relationships Principal, Real Estate Industrial
Compensation The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
$155,000.00 - $175,000.00
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
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Essential Duties
Perform advanced modeling and valuation analysis (Argus and Excel) for potential acquisitions and development opportunities
Create discounted cash flow models used to analyze returns for potential acquisitions
Prepare thorough and concise Investment Memos for presentation to the Investment Committee and Board of Directors thru interaction and support with associates and senior management during each phase of the acquisition process
Formulate key investment decisions based on judgment and empirical analysis of the data
Provide and qualify informed opinions of an investment’s merits based on collecting, processing, and tracking of in-depth market information and related matters
Support associates and senior management of Ares in matters related to the successful operation of various business units
Professionally represent Ares to the broader real estate community (ex. brokers, bankers, and other service providers)
Travel as required of position
Required Knowledge, Skills and Abilities
2-4 years applicable work experience preferred
Proficiency in Argus Enterprise; Argus certification a plus
Proficiency in Excel
Financial background in real estate or finance preferred
Bachelor’s degree with undergraduate coursework in business, finance, accounting; with a strong understanding of real estate finance principles
Ability to comprehend, analyze, interpret, and create real estate documents including, but not limited to, LOIs, RFPs, property offering memorandums, market reports and tenant leases
Excellent written and communication skills preferred
Advanced PowerPoint and Word skills preferred
Willingness and ability to travel as needed
Ability to handle sensitive and confidential information
High ethical standards and strong worth ethic
Reporting Relationships Principal, Real Estate Industrial
Compensation The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
$155,000.00 - $175,000.00
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
#J-18808-Ljbffr