Principal Asset Management Analyst - Principal Real Estate Investors in Des Moines, Iowa
Principal Real Estate Investors (PrinREI) provides private equity asset management services for client portfolios. The Asset Management Group is actively involved in all stages of the investment life cycle including ground-up development or redevelopment, the acquisition and disposition process, and oversight of property management and leasing. Asset managers participate in developing the investment strategy and tactical plan for each property and have primary responsibility for its execution.
PrinREI is looking for an Asset Management Analyst to join their team. In this role, you’ll perform lease analysis, valuation modeling, cash flow analysis, development feasibility analysis, and reporting.
Other things you’ll do:
Interact closely with a Senior Asset Manager(s) as well as local market contacts including property managers, leasing agents, and capital markets/transaction brokers, to develop budgets, business plans, and assist with deal underwriting.
Participate in the quarterly portfolio management reporting process.
Assist in all aspects of investment management and investment production for assigned properties including core, value add, and development activities.
If you thrive on building a solid foundation of commercial real estate knowledge, enjoy working autonomously within a team environment, and are a self-starter, then this job might be the one for you!
We’re looking for someone with:
Bachelor’s degree or equivalent (preference for degrees in finance, mathematics, economics or real estate).
Real estate experience preferred (including full time or internship experience), but not required.
Cumulative 3.25 GPA or higher is preferred.
Argus software knowledge is preferred.
Successful candidates will have the following:
Strong verbal and written communication skills including negotiation and listening skills.
Strong organizational skills and demonstrate the ability to meet deadlines.
Flexible and be able to professionally meet and interact with others; must be able to work with limited supervision within a team environment; must be able to work in a fast-paced environment and successfully prioritize competing demands upon their time.
Strong analytical skills, technical and detail orientation, and can read, interpret, and understand contracts and other legal documents.
Travel to assigned markets (approximately 4 times per year) to learn markets, meet with partners, fee managers, etc. and inspect managed properties.
At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)
Investment Code of Ethics
For Principal Global Investors positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.
While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Requisition ID: 2020-29061
Enterprise Segment: PGI
Business Area: PGI Real Estate
Street: 711 High Street
FLSA Status: Exempt