Rocket Companies Inc. Detroit , MI 48222
Posted 7 days ago
About Bedrock
Bedrock is a full-service real estate firm specializing in innovative city building strategies. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $7.5 billion to acquire, develop and operate more than 140 properties in Detroit and Cleveland with landmark developments at the Hudson's Site, Book Tower, City Modern, Tower City Center and the May Company Building.
Bedrock's projects include new construction, adaptive reuse and a portfolio totaling more than 21 million square feet of office, retail, residential, industrial, hospitality and parking.
For additional information about Bedrock, please visit bedrockdetroit.com, bedrockdetroit.com/careers/, and engage with us on Facebook, Instagram, Twitter and LinkedIn.
Position Summary
The Senior Asset Management Analyst will support Bedrock's Asset Managers who are responsible for a portfolio of operating assets in Bedrock portfolio in Detroit and Cleveland. Operating asset types that the Asset Management Team manages include but are not limited to office, retail, parking, multifamily, to industrial properties. We are a rapidly growing, private commercial real estate and investment company offering excellent advancement opportunities and experience in many aspects of real estate finance and development.
Responsibilities
Assist with various analytical projects regarding portfolio and property performance
Lead analytical projects regarding portfolio and property performance
Create various models and analyses using Argus and Microsoft Excel, including cash flow projections, valuation, credit analysis, and sensitivity analysis
Perform market research to support the Asset Manager's oversight and management of the operating portfolio
Assist in analyzing new lease opportunities, including evaluation of market leasing assumptions, reviewing operating expense estimates, and analyzing tenant financials
Assist in the review of periodic financial and variance reporting for portfolio assets
Work across Finance, Acquisitions, and Development Teams to support Asset Managers as necessary with collaboration on new developments, acquisitions, and refinancing
Review periodic financial and variance reporting for portfolio assets
Support the preparation of regular reporting of key information (i.e., retail tenant sales, tenant delinquencies, etc.)
Other duties as assigned
Qualifications
Bachelor's degree in finance, business, economics accounting, real estate, or a related field
Minimum 2-4 years' experience in a financial analyst style role specifically in commercial real estate
Strong quantitative and qualitative analytical skills
Strong verbal and written communication skills
Demonstrated desire to work in and learn about the commercial real estate industry
Basic understanding of commercial real estate fundamentals and property operations
Proficient using Microsoft Excel to analyze and model real estate investments
Experience with real estate research and relevant data providers (e.g., CoStar) a plus
Experience with Argus and Yardi a plus
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities and may be modified periodically.
Disclaimer
This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.
Bedrock is an equal-opportunity employer.
Rocket Companies Inc.