Job description
REAL ESTATE / FINANCIAL ANALYST www.bhproperties.com
COMPANY
BH Properties is a privately held commercial real estate investment firm focused on value-addacquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt and ground leases. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and Houston, and is able to acquire and close transactions without the need for lengthy due diligence periods. Our 30-year track record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy sellers’ needs in a highly competitive market. Today, the Company owns and operates approximately 10M square feet across 18 states.
POSITION
The Real Estate / Financial Analyst will report to the Senior Finance Manager.
LOCATION
We are seeking a Real Estate / Financial Analystto join our team remotely from the Philippines. This position will work during US Pacific business hours.
DUTIES
Weekly Funding Report
- Funding Report
Monthly Reports
- Monthly liquidity statements/liquidity summary.
- Monitor liquidity compliance.
- Multifamily replacement reserves analysis.
- Multifamily monthly market comparison report.
- Multifamily updates and economic occupancy report.
Quarterly/Year-end Loan Compliance Reporting
- Create reports for our major lending or banking partners.
Quarterly Ground Lease Reporting
- Monitor the reporting compliance of ground lessee/s.
- Perform financial reporting variance analysis.
Yardi Reports
- Prepare and generate reports requested by Asset Managers, Property Managers, etc. such as rent roll, income statement, budget, tenancy schedule, etc.
Loan Financing/Refinancing
- Prepare underwriting for loan request and property’s executive summary.
- Due diligence requirements.
- Closing (title and closing documents).
- Update and review LoanBoss.
Yearly Budget
- AMs and PMs Yardi Training.
- Review of Budgets.
- Budget preparation for MF, GL, Office Suites.
1031 Exchange
- Identification of replacement and/or relinquished properties.
- Calculation of estimated deferred tax gain/loss.
- Calculation of property tax basis.
Acquisitions/Dispositions
- Due diligence requirements.
- Closing (title and closing documents).
- Exchange set-up (either reverse or forward exchange) with First American Exchange Company.
- Review of closing statements.
Summary of Acquisitions, Dispositions, Financing and 1031 Exchanges
- Update and maintain the summary of acquisitions, dispositions, financing and 1031 exchanges.
- Update and maintain the sold properties’ IRR calculation.
Property Tax Basis
- Update and maintain the property tax basis on a quarterly basis.
LoanBoss
- Maintain and review accuracy of loan information in LoanBoss.
Special Reports
- Draw request from Line of Credit facilities.
- Update of Company presentation materials.
- Transaction gain/loss calculation.
- Other reports requested by management.
QUALIFICATIONS
- Latin honors (cum laude or better) from a reputable university.
- A bachelor’s degree in real estate, finance and/or accounting a plus.
- MBA degree preferred.
- 2-5 years of experience in real estate asset management and/or acquisitions.
- Experience with top consulting firms (Accenture, McKinsey, Bain & Company, Deloitte, KPMG and Boston Consulting Group) or top financial institutions.
- Comfort and proficiency in underwriting and analyzing real estate opportunities.
- Advanced Excel modeling skills required.
- Strong quantitative skills and demonstrated analytical and problem-solving ability.
- Strong organizational, time management, verbal and written skills.
- Strong desire to succeed and ability to work effectively with minimal oversight, while functioning in a team environment.
- Ability to generate high quality, error-free work product for internal and external distribution on tight deadlines with minimal oversight.
- Unquestionable integrity and ethics.
- Passion for commercial real estate and desire to grow with an exceptional team.
COMPENSATION
We offer a generous and comprehensive compensation & benefits package, along with the opportunity for professional growth and development within a well-capitalized, entrepreneurial, and growing real estate investment group.
