Associate
Boston, MA
Full Time
Investments
Mid Level

ASSOCIATE
POSITION SPECIFICATION
POSITION SPECIFICATION
Shine Associates, LLC has been retained to search, identify and recruit an Associate on behalf of our client (‘Company’). The position will be located in the Boston, MA office.
CONFIDENTIALITY
Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning our client provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.
CLIENT DESCRIPTION
Founded in 1904, our client is one of the oldest and most distinguished real estate development firms in the nation, having developed more than 100 million square feet of real estate throughout the United States. The firm has led the industry in the redevelopment of key downtown districts of the nation’s leading cities including Boston, Washington D.C., Philadelphia, Los Angeles, and Baltimore.
Since 2010, our client has developed over 2,700 units of multifamily real estate in New England with a focus on urban or otherwise transit served environments.
KEY RESPONSIBILITIES
- Evaluate multifamily and mixed-use land development investment opportunities by providing analytical support to the Investments team This includes preparing financial models and valuations utilizing Excel as well as preparing internal investment briefings.
- Conduct in-depth market/property research and summarize information to support underwriting assumptions.
- Complete due diligence and closing processes by working closely with property management, development, finance, legal, and accounting. Tasks include coordinating departments and third-party consultants, travel/property inspections, formulating business plans, completing lease abstracts, compiling and synthesizing market information.
- Handle ad hoc requests from investors and lenders in association with acquisition or disposition efforts
- Draft project specific investment memoranda and other capital raising materials to attract third party capital to the firm
- Maintain key relationships with the capital community to nurture long term partnerships for the firm
- Oversee the performance of a portfolio of multifamily properties to ensure revenue optimization, expense management, and value creation.
- Develop and implement strategic business plans, capital improvement programs, and leasing strategies for each asset.
- Active engagement in property branding, property programming, and lease-up strategy, and management of marketing firms in conjunction with the management company and/or JV partner.
- Monitor financial performance against budgets and proformas, providing detailed variance analysis and recommendations.
- Collaborate with property management teams to ensure operational excellence, tenant satisfaction, and occupancy goals. Review maintenance management plans and contracts.
- Build and maintain asset specific financial models.
- Conduct market research and competitive analysis to identify emerging trends and investment opportunities.
- Complete quarterly investor reports outlining the performance of operational history of the firm’s assets
QUALIFICATIONS
Required:- Bachelor’s degree in finance, real estate, business, or a related field.
- 3-5+ years of experience in multifamily asset management, real estate investment, investment sales, or related roles.
- Strong understanding of multifamily operations, leasing, budgeting, and property management best practices.
- Advanced financial modeling skills with proficiency in MS Excel
- Solid understanding of real estate investment principles, including underwriting and ROI metrics.
- Excellent analytical, problem-solving, and communication skills.
- Ability to manage multiple projects, prioritize tasks, and meet deadlines in a fast- paced environment.
- Familiarity or strong interest in New England real estate market fundamentals and trends.
- Familiarity with property management software such as Yardi or RealPage.
- Experience working in additional asset classes including Office, Lab/R&D, and/or Industrial
COMPENSATION
Compensation will include a competitive base salary and bonus, and an attractive benefits package.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), national origin, age (40 or older), marital status, sexual orientation, gender identity/expression, citizenship, real or perceived disability or handicap, genetic predisposition, veteran status, and/or any other protected category in accordance with applicable federal, state or local laws.
CONTACT INFORMATION
Shine Associates, LLC
www.shineassociatesllc.com
45 School Street
Suite 301
Boston, MA 02108
Hillary Shine, Principal Shine Associates, LLC
www.shineassociatesllc.com
45 School Street
Suite 301
Boston, MA 02108
Cell: (203)613-3562
[email protected]
Tim Shine, Principal
Cell: (203) 676-1115
[email protected]
Kelsey Shine, Director
Cell: (508)494-6569
[email protected]
Chandlee Gustafson, Associate
Cell: (978)201-3100
[email protected]
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