Senior Financial Analyst - Acquisitions

Senior Financial Analyst-AcquisitionsDBSI-Discovery Real Estate Services (DDRS) is a nationwide buyer of investment grade commercial properties looking for a SENIIOR FINANCIAL ANALYST OF ACQUISITIONS for our new Chicago office.
This position takes a lead role in the analysis and underwriting of real estate investments. This is a vital role in the acquisition process. The role works closely with the acquisitions function in all aspects of analysis, due diligence, pricing, structuring of investments, and providing input as a check and balance. This role is to assist the VP – Region and the acquisitions functions in effectively presenting qualified investments to the Investment Committee in conjunction with the strategic goals.The position reports to a VP – Region. There is no direct line responsibility to the Analyst function, but this role is to assist and develop Analysts to take on additional responsibilities. This person should possess the same skills and qualifications of an Analyst, but demonstrate more independent thinking and less supervision of work product. Compensation is a competitive base and bonus.
WHO IS DDRS? DBSI-Discovery Real Estate Services (DDRS) is a joint venture of two highly respected, national real estate firms based in Boise, ID: DBSI , a 26 year-old, full-service real estate investment company with significant experience and assets nationally, and Spectrus Real Estate Group/FOR 1031 , a leading provider and innovator of quality, diversified real estate investments. Utilizing the talent, expertise, and financial security provided by these companies, DDRS is ideally positioned to succeed in a rapidly expanding real estate marketplace. In 2005, DDRS closed 58 properties valued at nearly $600 million, and plans to acquire $1.5 billion in commercial real estate in 2006. The primary focus of DDRS is on well-positioned, intrinsic-valued real estate opportunities such as retail, office, flex, industrial, and multi-family products. YOUR SENIOR FINANCIAL ANALYST OF ACQUISITIONS RESPONSIBILITIES INCLUDE• Assist acquisitions in the evaluation of potential opportunities.
• Perform financial analysis of prospective investment opportunities.
• Help shape underwriting assumptions.
• Produce property level cash flows and proformas.
• Primary responsibility for completing due diligence work
o Prepare necessary financial information in support of acquisitions.
o Produce/Direct all lease reviews and lease abstracts.
o Conduct market analysis on new investments.
o Coordinates efforts with various external consultants to assess the condition of buildings.
o Produce Cap Ex budgets for the cash flow projections.
o Assist in property inspections
o Meet with local agencies gathering necessary DD information.
o Work with acquisitions to assemble and collect DD materials at the market and the property level.
• Assist in preparation of investment binders for the Investment Committee or for investors.
• Maintain broker and market contacts. Stay informed on assigned markets.
• Produce competitive market reports related to specific transactions.
• Prepare reports as requested or required.We are proud to have created an adaptive, resilient, solutions-oriented business environment that offers employees the opportunity to grow and be challenged. Our corporate environment encourages loyalty and longevity. By promoting and rewarding creativity and entrepreneurial thinking, we have nurtured a culture that attracts and retains a talented team of dedicated employees.
Doors of opportunity open for employees that consistently exceed job expectations, have a great attitude, and are customer focused.
REQUIREMENTS
• 5+ years of private or institutional real estate analytical experience.• Bachelor's degree required, preferably in Finance or Real Estate, MBA preferred.
• Exceptionally strong real estate quantitative and analytical skills.
• Detail oriented.
• Well organized
• Ability to multi-task, yet prioritize work flow.
• Ability to see ways in which deals can be done within the company investment parameters. Understand the acquisition process and that the goal is to find qualified investments.
• Good understanding of the broader real estate market and the issues that impact valuations and returns.
• In depth knowledge of the markets in which he/she is underwriting investments. Be well versed as to rental rates, vacancies, trends, events, etc. that will shape the underwriting parameters.
• Developed interpersonal, verbal, written, and presentation skills.
• Team player with an ability to thrive in a fast-paced, entrepreneurial environment
• Proficient in Argus, Excel, Word, and PowerPoint.
• Ability to effectively handle third party contacts in a professional manner.
• Ability to work with people at all levels.
• Ability to persuasively present issues to all levels of management.
As our full-time Senior Financial Analyst of Acquisitions, not only will you build valuable finance, and real estate experience, but you will earn top compensation as well: Competitive Salary Insurance Medical Dental Vision Life 401 (k) Paid Vacations Education Assistance Excellent Working Environment And much more DDRS is proud to be an Equal Opportunity Employer. You will be considered for this position based upon your communication, leadership skills and education, without regard to race, color, religion, sex, national origin, age, sexual orientation, ancestry or marital, disabled or veteran status. We are committed to creating and maintaining a workforce environment that is free from any form of discriminations or harassment.