Position Summary:
The Real Estate Analyst is part of the Facilities Business Operations Center (BOC) at Vanderbilt
University and is a key individual contributor responsible for assisting with budget and forecast
preparation, cash flow models, and other analysis and presentations for Vanderbilt University Real
Estate (VURE).
Reporting directly to the Financial Unit Manager, Facilities Business Operations, the Real Estate
Analyst interacts regularly with BOC, the VURE team, and other partners within the university
including central finance and tax offices.
The Real Estate Analyst is responsible for developing financial models and presentations to assist
with budgeting, forecasting, and financial reporting for VURE. The Real Estate Analyst will work
collaboratively with the entire VURE and BOC teams to provide guidance in the
development of cash flow models, acquisition analysis, and institutional reporting in
compliance with applicable university and departmental policies. The Real Estate Analyst may work
with third parties to verify space occupancy and compliance with lease terms.
About the Work Unit:
Vanderbilt University Real Estate (VURE) is responsible for a portfolio of 41 buildings
consisting of ~1 million gross rentable square feet, 760,000 square feet of commercial
space, 305 apartment units, University ground leases, 427,000 square feet of leased
space, and the Vanderbilt Legends Club golf course and facilities. The Real Estate department
supports the university in all real estate related matters including acquisitions and dispositions,
tenant and department space planning, leases with 3rd parties, public-private partnerships, and
strategic initiatives.
VURE is part of the Vanderbilt University Facilities organization which works
collaboratively to build, maintain, manage and operate campus infrastructure in a
sustainable and cost-efficient manner to support the overarching academic mission and goals of
the university. Facilities annual budget exceeds
$100 million in operating expenses and includes over 400 employees.
The Facilities Business Operations Center provides support to the entire Facilities department,
specifically in regard to the areas of Finance, Employee Relations, Systems, Contracts and General
Administration.
Duties and Responsibilities:
Financial Real Estate Analysis
▪ Analyzes properties for lease or acquisition by Vanderbilt through the development of complex
income statements and P&L forecasting to assess VURE’s ability to fund current and future property
acquisitions and leasing opportunities.
▪ Assists VURE and BOC teams with ad hoc budget modeling and forecasting.
Lease Administration
▪ Primary contact to enter relevant lease details into lease management software (AMT) for new
leases and update existing leases when required.
▪ Responsible for monthly journal entries to recognize straight-line rental expenses and
revenue.
▪ Responsible to monitor lease expirations and report monthly on upcoming lease end dates.
Affiliated Entities
▪ Partners with representatives for affiliated entity property management specifically related
to financial statements, financial operations, audits, etc.
▪ Includes attending monthly status meetings.
▪ Responsible to prepare (review and verify) monthly journal entries to record affiliated
entity transactions based on reporting provided by affiliated entity property management.
Presentations and Dashboards
Assists VURE and BOC teams with the real estate dashboard development for inclusion in the
Facilities dashboard.
Other ad hoc projects as needed.
Supervisory Relationship:
This position does not have supervisory responsibilities. This position reports
administratively and functionally to the Financial Unit Manager for VURE.
Education and Certifications:
▪ Bachelor’s degree from an accredited institution of higher education is required.
▪ At least 2 years of related experience is required.
Experience and Skills:
▪ Experience in real estate finance and higher education is strongly preferred.
▪ Experience with data analysis and financial modeling is highly desired.
▪ Experience with AMT software and/or leasing management software and advanced Excel is highly
desired.
▪ Strong interpersonal skills including the ability to work effectively with a wide rangeof
constituencies in a diverse community is highly desired.
▪ Strong reporting and presentation skills (Excel and PowerPoint) is highly desired.
▪ Ability to perform complex tasks and to prioritize multiple projects is necessary.
▪ Ability to make administrative/procedural decisions and judgments is necessary.
▪ Ability to communicate effectively both orally and in written format is necessary.