Senior Asset Management Analyst

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.