Location
East Rutherford - 1 Meadowlands Plaza Suite 802Job Description
We Are Brookfield Properties:Brookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world's largest alternative investment managers.
Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don't just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We're elevating the logistics business as we envision – and then deliver – the world's most forward-thinking properties, creating spaces where people, businesses, and communities thrive.
This New Jersey-based Associate position will be focused on asset management, lease analyses and execution, business plan development and implementation, asset valuations, and dispositions for Brookfield’s Northeast U.S. industrial portfolio. Additionally, the Associate will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the New Jersey office. The Associate will benefit from extensive exposure to the North American Logistics market through real estate management and analysis.
Role & Responsibilities:Manage the leasing process and analyze potential leases and the resulting financial impact on an investmentAbility to analyze lease proposals and negotiate lease transactions through executionAnalyze third party appraisals and conduct internal valuationsMaintain strong relationships with Industrial/Logistics Brokerage communityPerform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through ArgusPerform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analysesAssist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecastingSupport Senior Asset Managers with asset sales/dispositions processProvide analytical support to colleagues in the areas of Fund Operations, Investments and DevelopmentWork on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as neededYour Qualifications:Bachelor’s degree in either Real Estate, Finance, or applicable field3-5 years’ of related experience requiredArgus experienceVTS experience a plusLight experience in triple-net lease negotiationsAdvanced Excel and Power Point skillsStrong understanding of financial principles and analytical ability with a high attention to detailAdvanced and effective communication, time management, and presentation skillsYour Career @ Brookfield Properties:At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people. We take pride in knowing that 70% of our employees have more than 5 years of tenure.
End your job search and find your career today, at Brookfield Properties.
Why Brookfield Properties?We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.
Compensation & Benefits:
Salary Type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $100,000 - $130,000
Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan
Dental Coverage: Yes, under Brookfield Medical Plan
Vision Coverage: Yes, under Brookfield Medical Plan
Retirement: 401(k)
Insurance: Employer-paid life & short/long term disability
Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.
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.#BPUS