Senior Investment Associate
Centennial
full-time
Posted on:
Location Type: Hybrid
Location: Dallas • Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $125,000 - $145,000 per year
Job Level
Senior
About the role
- Evaluate core-plus, value-add, and opportunistic investment opportunities throughout the 50 largest MSAs in the United States.
- Acquisitions will primarily be focused on neighborhood and necessity-based retail Will occasionally assist in evaluating retail development opportunities.
- “Evaluation of opportunities” will include financial modeling (Excel and Argus Enterprise), market analysis (retail and alternative uses such as office, multi-family, for sale housing, lodging, medical, health & wellness) and integrating land value creation and development returns for these alternative uses.
- Proficient in using the internet to “fill holes” in Acquisition Submission Memos provided by Selling Brokers.
- Lead retail space-by-space analysis with senior members of Centennial’s leasing This analysis will serve as the backbone for Argus modeling.
- Beyond the underwriting of acquisitions, the ability to incorporate development projects into 5–10-year cash flow models. May spend 10-20% of time assisting the Development Team.
- Underwriting will include preparation of Preliminary Investment (“Heads up”) Memos and Formal Investment Memos for Investment Approval, and participation in IC
- Proactively respond to broker submissions of properties for sale and perform initial triage of
- Underwriting efforts may include travel to acquisition targets. This travel will include touring competitive projects as well as projects where alternative uses have already been.
- Manage the Acquisition Pipeline database used in Weekly Pipeline Review
- Regular interactions with the entire senior management
Requirements
- Bachelor’s Degree (preferably in Finance, Accounting or Real Estate).
- Minimum of 5 years of real estate investment underwriting
- Argus Enterprise modeling experience
- Fluent in MS Office suite of products (Excel, Power Point, Word).
- Strong communication skills: written and
- Ability to communicate efficiently via email (brevity is essential).
- High level of organization with the ability to maintain files on numerous projects
- Attention to detail and ownership of investment
- Proven leadership capability: mentor Investment Analysts, setting priorities for their
- Entrepreneurial mindset and the ability to prioritize and multi-
- Technical understanding of retail leasing mechanics (LOI, Lease Signing, Build-out, Lease and Rent Commencement).
- High aptitude and proficiency in project and fund modeling (investor waterfalls) and multi-tenant commercial property (office, retail) underwriting.
- Some experience in negotiating acquisition and financing documents a
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial modelingArgus Enterprisemarket analysiscash flow modelinginvestment underwritingproject modelingfund modelingnegotiating acquisition documentsmulti-tenant commercial property underwritingretail leasing mechanics
Soft skills
strong communication skillsorganizational skillsattention to detailleadership capabilityentrepreneurial mindsetability to prioritizeability to multi-task
Certifications
Bachelor’s Degree in FinanceBachelor’s Degree in AccountingBachelor’s Degree in Real Estate