Senior Housing Real Estate Analyst/Associate
Dallas, Texas
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $49 billion of assets under management as of December 31, 2024. Founded in 1998, Fortress manages assets on behalf of over 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com
About The Position
The Senior Housing Real Estate Analyst/Associate will be a member of the Real Estate Equity team at Fortress and will support the team through all stages of the deal life cycle, including acquisitions analytics, closing support, and post-closing asset management. This position will report to a Real Estate Managing Director/Partner in Dallas. The individual hired for this position will focus on the senior housing sector within the real estate equity team. They will have exposure to a wide variety of senior housing deals and products, positions within the capital stack, and markets. This position is expected to be a two to three-year program with future growth opportunities for high performers.
Responsibilities
- Analyze new investment opportunities and present recommendations
- Create and maintain cash flow models for senior housing transactions and joint ventures
- Assist in real estate and business due diligence
- Create transaction analysis, summaries, and investment memoranda for recommendations to the Investment Committee
- Assist in ongoing asset management activities of the Fortress senior housing portfolio
- Review and analyze business plans, loan documents, construction draws, leasing activity and monthly property operating performance
- Ensure compliance with loan documents and other affiliate agreements
- Work with operating partners and internal team members to make operational and capital expense decisions for Fortress’ senior housing portfolio
- Prepare internal analyses and presentations regarding the performance of Fortress’ senior housing portfolio
- Assist in maintaining checklists and file organization systems, and with planning meetings/due diligence trips
- Assist in coordinating signatures for documentation
- Assist in coordinating transaction closing procedures
- Maintain dialogue with brokers, consultants, and vendors
- Regularly research senior housing industry trends in addition to local senior housing real estate markets
- Ad hoc analysis as assigned
Qualifications
- Bachelor's in Accounting, Finance, or Commercial Real Estate (or other relevant degree, e.g. Economics, Mathematics)
- 2 – 5 years of experience in Real Estate, preferably within banking and/or private equity
- Strong understanding of real estate investment concepts and analysis
- Excellent analytical skills, attention to detail and strong organizational skills
- Outstanding written and verbal communication
- Self-starter, able to work independently or in a team environment
- Demonstrated flexibility to handle multiple projects in a fast-paced environment
- Unquestionable integrity and ethics
- Success developing and sustaining strong relationships with clients and colleagues
- Strong proficiency in MS Office applications (especially Excel)
- Experience in commercial real estate or loan underwriting is required
- Experience in senior housing real estate or operations is preferred, but not required
