Company: CGI Real Estate Investment Strategies
Position: Asset Management Associate
Location: Based in Los Angeles, CA/Hybrid
Who We Are
CGI+ Real Estate Investment strategies is a fast-growing multi-family real estate investment and development firm based in Los Angeles, CA with a mixed asset portfolio which includes but is not limited to; multi-family, extended stay corporate housing, hospitality and retail located throughout California and in strategic cities nationwide. We are adding an Asset Management Associate based out of our Los Angeles office due to growth! Please visit CGIPlus.com to learn more about our company, values, and culture.
The wellness and health of our associate’s is most important to us and therefore the whole company takes one week off end of the year to recharge and spend time with family and friends. In addition, we cover the full portion of the employee’s medical premium. We are hybrid (twice a week in the office and three times a week remote). When in the office we offer weekly catered lunches.
Part of the Asset Management team the Asset Management Associate plays an important role on analyzing property-level transactions including capital renovation/reposition projects, new leasing activity, financing events, dispositions, and recapitalizations.
What You’ll Do
- Provides support for asset managers in leases and setting up and maintaining Lease Profiles and Rent Rolls, and preparing and revising letters of intent
- Prepares correspondence to tenants, owners, and lenders as needed
- Responsible for engaging and managing third-party vendors when acquiring new assets
- Responsible for the monthly reviews of operating reports, and monitors budget and loan covenants
- Responsible for managing asset management files and records
- Provides assistance in the review and analysis of operator provided annual budgets, including capital expenditures, operating expenses, and revenue assumptions
- Provides assistance in the quarterly reforecast of budgets, including revenue assumptions, operating expenses, and capital expenditures
What You’ll Need
- Bachelor’s degree required (Real Estate/Accounting preferred).
- 2+ years of real estate analysis experience is preferred (internships included).
- Highly proficient in excel and data analytics.
What Will Get You Noticed
- Documented knowledge of real estate cash flow modeling using Microsoft Excel.
- Excellent written and verbal communication skills.
- Proven ability to network and build strong relationships within the industry.
- Detail oriented with strong organizational and analytical skills.
- Ability to prioritize and work independently while also working well in a group setting.
- Ability to effectively and efficiently present information and interface with company leadership.
What Offer In Return
- Hybrid work (2 days in office/3 days remote).
- Generous time off; Vacation, Sick, Birthday Day, Holidays and one additional week off end of the year to recharge and spend time with family and friends!
- We cover the full portion of our employee’s (Medical, Dental, Vision). We offer 401(k) retirement savings, Group-Life and AD&D.
- Career development and growth opportunities.
- Complimentary weekly lunches and fully stocked kitchen.