Analyst, Asset Management

Benefits

Additional Information

Location Brookfield Chicago - 350 N Orleans Street, Suite 300 Our Company At Brookfield Properties, the foundation of our success is firmly rooted in our people. Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity. Our teams operate an iconic portfolio of irreplaceable properties within the world's most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management. Job Description We Are Brookfield Properties: Brookfield Asset Management is an alternative asset manager with over $1 trillion in assets under management and a 100-year heritage. Brookfield Properties is a fully integrated services company, providing development, construction, renovation, and property management services. Together as owners and operators, the Company ("Brookfield") is invested in long-life, high-quality assets and businesses in more than 30 countries around the world and over five continents. Brookfield's global real estate portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net leased assets, manufactured housing, and student housing assets on five continents. As the dedicated management arm of Brookfield, Brookfield Properties is the world's largest property manager and a leader in servicing its customers with 250,000 operating employees in businesses around the world. The firm is at the forefront in seeking to provide innovative space solutions and services unique to Brookfield. They seek to disrupt the status quo, not to be disrupted. The firm has a well-defined growth plan for its industrial business over the next five years, with the goal of developing and/or acquiring +/-10 million square feet in the United States annually. With an array of capital sources, Brookfield is well situated to execute a strong growth plan. Innovation is a central theme of the strategic plan and Brookfield believes that logistics will be transformed globally over the next cycle, tied to an array of innovations from autonomous vehicles to the clean energy transition. Brookfield is positioned to leverage its corporate knowledge globally, by accessing the experiences of their diverse investment acumen from infrastructure to renewable energy while being a true leader in innovative industrial product. Current logistics portfolio consists of approximately 72 million square feet, spread across coastal and super regional markets in North America. Brookfield's strategic plan envisions $1 billion per year of new acquisitions and $1 billion or more per year in organic development starts. This Chicago based Analyst position will be primarily focused on asset management, gaining exposure to lease analyses, business plan development and implementation, asset valuations, and dispositions for Brookfield's Eastern Region U.S. industrial portfolio. Additionally, the Analyst will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the Chicago office. The analyst will benefit from extensive exposure to the U.S. Logistics market through real estate management and analysis. Role & Responsibilities: Participate in the leasing process and analyze potential leases and the resulting financial impact on an investment Analyze third party appraisals and conduct internal valuations Perform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through Argus Perform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analyses Assist asset managers in development of annual operating budgets including leasing and capital project forecasting Provide analytical support to colleagues in the areas of Fund Operations, Investments and Development Work on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as needed Your Qualifications: Bachelor's degree in real estate, finance, or applicable field 1-2 Years of related experience preferred Demonstrated interest in real estate Argus experience required, VTS experience a plus Strong understanding of financial principles and analytical ability High attention to detail and strong organizational skills Advanced Microsoft Excel and Power Point skills required Effective communication, time management, and presentation skills Ability to work well in a team, confidently sharing ideas and recommendations Your Career @ Brookfield Properties