CBRE Global Investors is a global real asset investment management firm with over $100 billion in assets under management. CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). The firm sponsors real asset investment programs across the risk/return spectrum in the Americas, Europe and Asia for investors worldwide including public and private pension funds, insurance companies, sovereign wealth funds, foundations, endowments and private individuals. Programs include a complete range of investment solutions including equity and debt, direct and indirect, and listed and unlisted strategies delivered through separate accounts and commingled funds.
CBRE Global Investors seeks a Multifamily Asset Management Associate for growing Multi- Family real estate portfolio, based in our Boston office.
Participate in weekly calls with management and follow up on property-specific issues & deadlines as needed.
Insurance claims management – follow up for liability claims, coordinate with management to provide necessary documentation
Site visits / inspections
Taxes – helping provide property/financial information to tax consultants and reviewing tax valuations; ensuring tax invoices are approved and provided to management for timely payment
Budget / business plan review & comparison to current operations & proforma
Develop property strategy to optimize net operating income
Capital projects – review bids for capital improvements, track status/deadlines for lender repairs, gather necessary documentation for release of lender-escrows and insurance proceeds
Due diligence during acquisition – on-site due diligence with property management and third-parties; review of market and proforma projections
Dispositions – working with brokers and management to insure due diligence documents are available, track sales process
Completes asset management sections of reporting requirements with accounting and analyst.
Assists with quarterly property valuations and assists with appraisal reviews
Revenue Management Programs (YieldStar) – work with management companies to implement programs and calibrate on-going rental rate recommendations
Inspired LifeStyle Program - work with management companies to review marketing programs and implement customer service program
Respond to client and internal requests for information
4+ Years Multifamily Real Estate experience preferred
Yardi and pricing software experience preferred
Bachelor's Degree (industry certificates, designations and licenses a plus)
High level of proficiency in MS Office (Excel, Word and PowerPoint)
Ability to create complex spreadsheets and financial analyses
Strong organizational skills
Strong research, analytical and problem-solving skills
Strong written and verbal communication skills
Ability to develop strong market knowledge of each asset and future developments
Demonstrates initiative, leadership, team building skills and ability to meet deadlines
Highly organized with ability to manage multiple tasks in a dynamic team environment
Internal Number: 18030454
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.