Real Estate Analyst
We are currently hiring for a Real Estate Analyst to join our Acquisitions team. In this role, you will work to gather and analyze information needed for possible investments and real estate acquisitions. You will also be responsible for developing preliminary reviews and interpretations of potential acquisitions and formulate the findings into reporting protocols used by the company.
Essential Duties and Responsibilities:
Review financial statements and prepare preliminary valuation of real estate assets
Assist in the evaluation of investment returns based on cap rates, discounted cash flows, use of leverage and Illustrate trends and possible risks of potential opportunities.
Develop underwriting and modeling for potential market strategic opportunities
Review financial and operational due diligence materials for acquisitions
Assist with the development of Operations’ department budgets for properties under contract and reconciles with original underwriting
Coordinate closings with the Operations Department to ensure a smooth transition of newly acquired properties
Prepare and assemble proration information for closings and verify accuracy of closing statements
Perform post-closing reconciliations
Travel to trade shows and property audits as market opportunities develop
Education and/or Experience:
Bachelor’s Degree in Finance or a related discipline required
Two to three years related experience and/or training; or equivalent combination of education and experience.
Ability to work well with strict deadlines
Proven ability to build relationships at all levels within assigned area
A creative approach to problem solving, with a humble, team oriented and optimistic attitude
Ability to effectively translate complex information into clear and effective messages
Communicates clearly and effectively with both internal and external associates
Strong verbal and written presentation skills and the acumen to communicate complex ideas in a simple way and to tailor key messages and presentation style to multiple audiences
Goal-oriented and possesses the ability to prioritize on a consistent basis in an ever-changing environment
We pride ourselves on hiring top talent and provide you the following benefits and more:
Well defined career paths
Qualify for Medical, Dental, and Vision benefits on Day 1
Health Savings Account (HSA) or Flexible Spending (FSA)
Company paid Life, AD&D, and Short & Long Term Disability
401K with company match after 90 days of service
Holiday pay and paid time off
Extensive Wellness Program and various Employee Discount Programs
Personal Health Advocate
Free soda, coffee, and drinks all day every day and much, much more!
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
If you are a current Extra Space employee, please apply through the "Find Internal Career Openings" in Workday.
Extra Space Storage is the second largest operator of self-storage facilities in the U.S. Since we were founded in 1977, we’ve taken the storage industry by storm. In 2015 alone we added 1.6 billion dollars in new acquisitions to our already large property portfolio.
The cornerstone of Extra Space Storage is successful partnerships with our stakeholders, partners, investors and customers. Our goals are driven by an impassioned, dedicated workforce that thrives in the innovation-driven corporate environment. We are the best at getting better!
Our Team Makes Us EXTRAordinary
Knowledge is power and experience is valuable. This is why we strive to attract the best candidates for every position at Extra Space Storage. Every position is valuable to our success from our executive management team to corporate employees, on-site managers and our call center team.
Offering a Career Path Paved with Innovation and Satisfaction
Attracting the best candidates in any field requires a commitment to job satisfaction. At Extra Space Storage, job satisfaction is high, which is why we have one of the best retention rates in the business. We know that our success depends on our team loving their jobs!
An Extra Space employee is number-one valued and knows they are invaluable to the team, customer and company. They are also passionate and enjoy a challenging and rewarding career path armed with the tools they need to succeed. Add a fun work culture and spectacular offices and you’ll see why Extra Space is an amazing place to work.