About Sixth Street Real Estate
Sixth Street’s real estate team is a global property investor and solutions provider across the full range of real estate asset classes: residential, hospitality, office, industrial, and retail as well as niche asset classes. We invest across the capital stack in real estate and sector-related operating businesses. We have deep experience investing in and financing both existing and development assets.
We take a collaborative approach working in partnership with real estate operators, borrowers, service providers, and other institutional investors around the world.
We make scalable commitments ($50m-$1bn+) and utilize our flexible mandate to invest across the capital structure including equity (asset and platform level), joint ventures, preferred equity, and debt.
The Role
This is a full-time Associate role based in San Francisco. As an Associate, you will work as part of the Real Estate deal team focused on North American investments.
Core Responsibilities
- Conducting due diligence on investment opportunities, including in-depth analysis on various types of real estate assets, including detailed valuation, financial modeling, market analysis, benchmarking, etc.
- Developing and maintaining financial models (Excel and Argus), forecasting and analyzing cash flows, capital structure, and formulating acquisition / disposition strategy for existing assets and new investments
- Preparing investment memoranda to support investment decisions, strategy, and returns
- Reviewing and conducting market research to formulate opinions on market conditions and to support underwriting assumptions
- Conducting and attending in-person, site-level diligence
- Interfacing and negotiating with counterparties, operating partners, management teams, in addition to brokers and advisors
What We Value
- Highly motivated, entrepreneurial, and team-oriented candidates with strong finance, modeling, and problem-solving skills
- Commercial and results orientated individuals
- Individuals with high levels of trust and integrity
- Strong combination of organizational and interpersonal/communication skills
Preferred
- 2-4 years of real estate private equity, finance or real estate investment banking experience
- Possess superior finance, accounting, valuation, modeling, and Excel skills as well as a critical problem-solving experience
- Keen interest in the financial and real estate markets with good commercial instincts
- Self-starter who requires little direction
- Ability to multi-task and maintain composure in a high-volume environment
- Strong sense of urgency; ability to execute quickly and efficiently with strong attention to detail
- Strong verbal and written communication abilities
- Structured problem solver who is able to synthesize sophisticated information from a variety of sources into implementable recommendations and solutions
- Ability to collaborate effectively across multiple teams
- Strong prioritization and project management skills
- Comfort working in a high growth, iterative environment
Compensation
The base salary for this position is expected to be between $150,000 and $200,000. The base salary offered to the selected candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by Sixth Street in its sole discretion.
In addition to base salary, this position is eligible for an annual discretionary bonus and a competitive benefits package. Benefits offered currently include health, life, long-term and short-term disability insurance and a 401(k) plan. In addition, this role is eligible for paid public holidays (NYSE calendar), paid sick days pursuant to local laws, and additional reasonable time off subject to manager approval.
If a job offer is extended for a location other than San Francisco, the salary range may differ based on the location.
About Sixth Street
Founded in 2009, Sixth Street is a global investment firm with over $75 billion in assets under management and committed capital. Sixth Street uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth.
Our firm is designed for cross-platform collaboration at scale: we build businesses, invest for growth, acquire assets, provide direct financing, identify value in public markets, purchase royalty streams, and regularly develop first-of-their-kind structures to meet the strategic objectives of management teams.
We do all this globally and as one unified team of investment and control-side professionals, working on behalf of our institutional investors and their beneficiaries around the world.
We believe our commitment to diversity, equity, and inclusion is a competitive advantage. Everyone on our team contributes their perspectives and expertise to help us solve complex challenges and get to the right answer. At Sixth Street, the best idea wins.
From how we conduct business to how we engage in our communities, everything we do at Sixth Street is rooted in our commitment to our core values:
- Cross-Platform: We think across the business and avoid silos at all costs.
- Responsibility: We are accountable for our business, our team, and our communities.
- Ethical: We are ethical and direct in word and deed.
- Action: We initiate, execute, and deliver results.
- Teamwork: We are better together.
- Entrepreneurship: We seek to innovate both inside and outside our business.
For more information, visit the Sixth Street Careers site or follow us on LinkedIn.
Sixth Street is proud to be an equal opportunity employer and we encourage people from underrepresented backgrounds to apply. We do not discriminate based upon race, religion, color, national origin, genetic history, marital status, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, disability, or other applicable legally protected characteristics.
If you need a reasonable accommodation to fill this out interest form, please contact Cindy Bombara (cbombara@sixthstreet.com).
Please refer to the privacy notice on our website for additional information regarding our obligations under the California Consumer Privacy Act (“CCPA”).
