INVESTMENT ASSOCIATE
San Francisco, CA
Stockbridge is a real estate investment management firm led by seasoned senior professionals averaging 25+ years of real estate industry experience. The firm was founded in 2003 and manages real estate equity investments across the risk spectrum within a variety of investment structures on behalf of U.S. and foreign institutional investors. Stockbridge has approximately $34 billion of assets under management spanning all major real estate property types, and certain specialty property types with an emphasis on residential and industrial space throughout the United States. The firm has offices in San Francisco, Atlanta, Chicago, Denver, Dallas, and Phoenix.
Opportunity and Position Summary:
The Investment Associate will work closely with SPB’s Transactions, Portfolio and Asset Management team to manage existing investments. This is both a qualitative and quantitative position, strong math and written skills are necessary. Property types, including office, multi-family, retail, industrial, ground up development held in joint venture and wholly owned as well as other niche strategies may be analyzed.
Primary Duties and Responsibilities:
- Prepare and update financial models in Excel and/or Argus for existing assets and developments, including sensitivity analyses, various leverage structures and joint venture structuring
- Work with team members in the analysis, documentation and execution of various capital transactions, including acquisitions, partnerships, financings, development programs and ultimate exit opportunities
- Prepare internal and external presentations and memos regarding existing investments and proposed new investment vehicles
- Analyze market research to evaluate prospective new investment opportunities or strategies
- Interface with internal and external parties, such as operating partners, leasing/sales brokers, lenders, accounting teams, legal counsel and other market contacts as needed
- Consider ESG matters in connection with transaction analysis and portfolio oversight
Skills and Competencies:
- All candidates must have a BA or BS degree from an accredited institution, with preferred degrees in real estate, finance, business, accounting, economics or related area
- Strong academic credentials required
- 3+ years of real estate finance experience and strong experience with financial modeling
- Proven analytical skills and working knowledge of Microsoft Office Suite
- Experience with Argus preferred
- Effective writing skills and ability to synthesize information, as well as verbal interpersonal/communication skills
- Strong organizational skills, with the ability to prioritize and manage multiple projects simultaneously
Compensation:
Competitive. The base pay scale for this position is $130,000+ annually. Stockbridge’s base pay scale depends on geographic location, business line, years of experience, and other qualifications of the successful candidate. A discretionary annual bonus is also included in addition to base pay. Benefits include medical, dental, vision, life and STD & LTD insurance. Stockbridge provides a 401K plan with a match as well as generous vacation, sick time and holiday time off. Additionally, Stockbridge provides opportunities for professional development and career advancement. The base pay scale and benefits are accurate as of the date of this posting. Stockbridge reserves the right to modify this information at any time, subject to applicable law.
