Location
Brookfield Place New York - 250 Vesey Street, 15th FloorBrookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
Brookfield Property Group Brookfield Property Group, one of Brookfield’s primary businesses, is a leading global investor in real estate, owning and operating an irreplaceable portfolio of iconic properties located in the world’s most dynamic markets. Our real estate portfolio spans multiple asset classes, including office, retail, multifamily, industrial, hospitality, self-storage and student housing in North America, South America, Europe and Asia. Across our public and private investment vehicles, we generate superior returns by focusing on real estate fundamentals – leasing, financing, development, construction, and property and facilities management.
Position Summary:
The individual will work in Brookfield’s real estate credit investment platform, Brookfield Real Estate Credit (“BREC”), and will be responsible for supporting the investments team in a variety of investment types across the capital stack, including secured real estate debt investment opportunities and other strategic projects or investments across property types and investment vehicles. Key role to include assisting deal teams with the origination, underwriting, syndication, and end-to-end execution of opportunities.
Evaluate and analyze potential new investments
Create detailed and complex financial underwriting models for the financing of real estate investments
Develop thorough understanding of a deal’s capital structure, business plan, and key risks to performance through discussions with sponsors, market participants and investment professionals
Understand physical characteristics of properties, and the related competitive advantages and disadvantages
Perform asset-level and market-level due diligence
Critically evaluate existing and potential operating characteristics of a project
Identify a project’s demand drivers, gather market information through independent fieldwork and direct contact with brokers, appraisers and developers. Synthesize information and draw a conclusion on future market rent, absorption, vacancy and liquidity in the investment market
Communicate conclusions into a comprehensive narrative to be presented to senior management for consideration and approval. Participate in underwriting and Investment Committee discussions
Participate in and provide support for the ongoing asset management of each investment
Qualifications & Requirements:
The individual will directly interact with colleagues throughout the organization and therefore should have strong quantitative and analytical skills, be detail-oriented, articulate, and well organized. The candidate must display initiative, good judgment in managing multiple tasks and strong problem-solving skills. The ability to think strategically and to present information in a clear and concise manner is critical. Other qualifications include:
4-5 years of relevant work experience. Previous experience in real estate (investment banking, private equity, development, institutional sales, etc.) strongly preferred
Excellent financial modeling skills including a high degree of proficiency with Excel; Argus experience is a plus
Self-motivated and driven; ability to work effectively in a fast-moving, demanding and dynamic environment
Intellectually curious
Superior quantitative and analytical skills
Creativity and problem-solving skills
Excellent oral and written communication skills
Strong interpersonal skills
Keen attention to detail
Impeccable integrity and trustworthiness
Bachelor’s degree in quantitative fields such as finance, accounting, mathematics, economics, etc. from a top university
This position would be suitable for those candidates who meet the role qualifications and who thrive in a performance-driven environment that emphasizes employee leadership and accountability for delivering results.
Salary Range: $180,000 - $220,000
Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.