Analyst

Company: The RMR Group
Location: Newton
Posted on: June 13, 2021

Job Description:

Overview

The RMR Group is a vertically-integrated real estate company, managing and operating over $30 billion of commercial real estate investments across the continent. We are seeking a talented and driven candidate for our analyst program. The analyst position will give you exposure to the entire lifecycle of commercial real estate investment, including acquisitions, financing and capital markets, leasing, asset management, and dispositions. As a part of this collaborative and high-performing team, you will have the opportunity to work alongside some of the most accomplished real estate professionals in the industry and develop the skills necessary to have a successful, long-term career in commercial real estate. If you are analytical, detail-oriented, curious, and a fast learner, we look forward to meeting you. Your primary responsibilities are outlined below:

Responsibilities

Acquisitions/Dispositions

• Create and maintain detailed financial analyses to evaluate prospective investments.
• Perform detailed market research on supply/demand fundamentals, economic trends, comparable sales and lease transactions, etc.
• Assist in the preparation of investment memoranda and presentation materials to investment committee.
• Support deal team to negotiate and close acquisitions and dispositions.
• Participate in front-facing activities vital to the acquisitions and dispositions process, including developing and maintaining broker relationships.

Debt Capital Markets

• Work directly with loan origination professionals, mortgage bankers and prospective borrower clients to evaluate potential debt investments in transitional commercial real estate projects.
• Analysis and financial modeling of property rent rolls, operating statements, and proforma projections related to value-add business plans.
• Perform competitive set and general market research to validate underwriting assumptions.
• Assist in the preparation of loan term sheets, internal investment memoranda, and quarterly loan asset summary reports for asset management.
• Assist in the due diligence and loan closing process which includes review real estate documents such as leases, loan documents, budgets, appraisals, and other third-party reports as necessary.

Asset Management

• Work collaboratively with Portfolio and Asset Managers to optimize the performance and strategy for 75 million square feet of owned office, industrial, medical office and life sciences real estate.
• Model and underwrite value-enhancing opportunities within the existing portfolio including new development and redevelopment projects.
• Develop and update strategic business plans by performing market research and detailed financial modeling in ARGUS and Excel.
• Prepare and analyze data for quarterly earnings, board meetings, and budgeting.
• Assist in the preparation of hold/sell analysis and subsequent disposition recommendation memoranda and presentation materials to investment committee.

Qualifications

• Bachelor's degree in finance, accounting, economics, real estate, or related field preferred. Minimum 3.0 GPA.
• Minimum 2 years' experience in commercial real estate or related industry.
• Ability to learn quickly and solve problems within a dynamic environment.
• Exceptional organization, communication, and multi-tasking skills.
• Strong proficiency with Microsoft Office products, especially Excel. Working knowledge of ARGUS preferred.

Company Overview

The RMR Group LLC, or RMR, is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. It conducts substantially all business for its parent company, The RMR Group Inc. (Nasdaq: RMR). RMR's vertical integration is strengthened by more than 600 real estate professionals in over 30 offices nationwide who manage $32 billion in assets under management and leverage more than 30 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of real estate strategies across its client companies. Recently, RMR has been recognized by The Boston Globe as a "Top Place to Work," by Fortune magazine as one of the "100 Fastest Growing Companies," by the Environmental Protection Agency (EPA) as an "ENERGY STAR Partner of the Year," by Boston Business Journal as the "Fastest Growing Middle Market Company in Massachusetts" and ranked 9th on Commercial Property Executive's Top Commercial Property Management Companies. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com. Follow RMR on LinkedIn and on Twitter @The_RMR_Group.

Keywords: The RMR Group, Newton , Analyst, Other , Newton, Massachusetts