Associate

Job Title

Associate

Job Description Summary

This Associate role offers the opportunity to join an established team and work closely with senior company executives on all aspects of commercial real estate business development, strategic planning, deal structuring, and execution. You will be able to advance your career in an exciting and fast-moving environment with a multi-disciplined network of commercial real estate professionals.

Job Description

Based in New York City, Cushman & Wakefield’s Strategic Advisory Group provides comprehensive real estate consulting and analytical services on a local, national and international basis. The Group is responsible for advising occupiers ranging from local business to international corporations with underwriting, structuring, and supporting the execution of commercial real estate transactions. This entails, but is not limited to:

 •                    Advising real estate occupier clients through real estate planning and transaction structuring- addressing leasing, purchasing, consolidating, relocating, subleasing, selling, redeveloping, restructuring, expanding, contracting, and terminating in the context of a commercial real estate occupier.

•                    Supporting real estate advisory engagements through financial analysis, scenario modeling, and reporting.

•                    Collaborating with senior team members to evaluate market dynamics, lease structures, and client objectives.

•                    Contributing to the development of presentations, proposals, and client deliverables.

•                    Supporting the development of best practices and continuous improvement in internal team and company processes.

•                    Orchestrating property, landlord, tenant, and lease due diligence

•                    Developing transaction play-books

•                    Directing targeted market research, evaluation and projections

•                    Financial modeling (cash flow and GAAP P&L) and “What-If” sensitivity studies

•                    Broad-based corporate real estate advisory work

•                    Teaming with other C&W service lines (brokerage, investment sales, project management, etc.) in business development efforts for new potential clients

 

PRINCIPAL RESPONSIBILITIES

·         With minimal oversight create, analyze, and audit financial models of financing structures

·         Assist in scenario planning and strategic evaluations for client real estate portfolios.

·         With minimal oversight analyze purchase and lease proposals with guidance and supervision

·         Conduct primary market research and qualitative assessments to support advisory recommendations.

·         Read, abstract and analyze complex legal real estate related documentation to include leases, financing/loan agreements, mortgage documents, partnership agreements, and corporate financial statements for relevant financial information that will impact the real estate transaction

·         Assist in the quality control effort to ensure that all client presentation materials are professional, accurate, high impact and reflect the standards of quality normally associated with C&W work product

·         Demonstrate mastery of typical analytical techniques and plays an active role in teaching techniques to others

·         Independently develop well-crafted, error free, and compelling presentation loops for a variety of client and internal situations with limited supervision

 

KNOWLEDGE AND EXPERIENCE

·         Bachelor’s degree, Master’s degree preferred

·         5+ years of finance/real estate experience

·         Excellent written and oral communication skills, as well as strong analytical and quantitative skills

·         Strong proficiency in Excel and PowerPoint; experience with Argus, Tableau, or similar tools preferred.

·         Excellent planning, organization and interpersonal skills

·         Ability to function in a team-oriented setting while working independently with limited day-to-day supervision

·         Ability and willingness to occasionally to work long hours, including some weekends

·         Ability to handle multiple projects at one time and work in a fast paced, transaction-oriented environment

·         Ability to maintain attention to detail while working under tight time frames

·         With minimal guidance and supervision, Associate will design and execute insightful research & analysis, conduct her/himself appropriately with the team and client

·         Demonstrates consistent ability to draw impactful conclusions from research/data with limited direction

·         Applies analytical and project experience to help define and shape direction of assigned components of the project

·         Demonstrates ability to consistently break complex problems into manageable and solvable components

·         Demonstrates consistent and creative ability to uncover deeper client/business implications of analysis, and can clearly communicate findings to team/client

·         Demonstrates insight, understanding and judgment in developing impactful final conclusions and recommendations

·         Ability to construct, apply, and analyze complex financial models and lease accounting principles

·         Proactively identifies upcoming project events and independently determines appropriate implications for individual and sub-team activities

·         Actively seeks out opportunities to strengthen the capabilities of the team

·         Demonstrates ability to leverage experience to act as a resource across project teams

·         Proactively transfers skills to and mentor

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 85,000.00 - $100,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”