Asset Management Analyst

Job Description:

Asset Management Analyst

The Role

The Analyst will support Pembroke’s Asset Management and Investment Analytics functions. The successful candidate will have 2+ years prior Asset Management, market research, or investment analytics experience and exhibit strong analytical skills, including proficiency in Argus, Excel, and PowerPoint. The candidate must demonstrate a high level of organization, accuracy, and the ability to manage multiple priorities. The Analyst routinely presents to a wide range of stakeholders and must build internal and external relationships in a highly collaborative environment.

The Expertise and Skills You Bring

• Bachelor’s degree in finance or business/economics/real estate, or related field required.
• 2-5 years of investment analysis or asset management experience in the commercial real estate industry, including underwriting and valuation.
• Excellent Excel, analytical, and cash flow modeling.
• Proficiency in ARGUS Enterprise
• Experience in VTS, RealPage, Dealpath, Hyperion/PBCS, Yardi Elevate (preferred, not required).
• Comprehension of standard commercial office leases (preferred).
• Demonstrated interest in real estate and desire to develop within the industry.
• Excellent written and verbal communication skills and strong presentation/ PowerPoint skills.
• Proven ability to produce results, meet deadlines, and manage complex and shifting priorities.

Responsibilities

Asset Management Support

• Work with Asset Managers and brokerage teams to underwrite, negotiate and execute lease transactions.
• Work closely with Pembroke’s Marketing Team to ensure properties are strategically positioned through development and leasing cycles.
• Create detailed pro-forma financial analyses and prepare investment memoranda for presentation.
• Collaborate with colleagues to build annual budgets and business plans for senior management review, including tracking and managing property-level performance against budget throughout the calendar year.
• Review monthly, quarterly, and annual investor and/or lender deliverables, including monitoring for adherence to annual business plans.
• Participate in the oversight of third-party property management teams to develop strategies to improve asset performance.
• Build and maintain financial models using both Excel and ARGUS Enterprise to calculate quarterly asset valuations, project detailed cash flows, and forecast investment returns for asset management decision-making.

• Aggregate and apply market data (including rent and sales comparisons) to valuation analysis of assets and portfolio. Perform quarterly and ad hoc asset valuations in ARGUS and manage external appraisals.
• Prepare materials for the quarterly reporting process as well as prepare regular and ad hoc reports for review by senior management.
• Assist in investment underwriting and development management activities, including the production of investor reports at asset and portfolio levels.
• Collaborate with the global technology team to ensure critical asset management data and documentation is kept secure, current, and well organized for team use.
• Compose letters, emails, meeting agendas, meeting minutes in a professional and expedient manner.

Investment Analytics Support

• Manage annual market research/data budgeting and procurement. Ongoing maintenance of research service provider relationships and database of key market analytics, forecasts, supply/demand, rent and other statistics.
• Source, collate and analyze market data to enable evaluation and underwriting of acquisition/disposition and capital project decisions.
• Participate in asset-specific ad-hoc analyses and special projects.
• Support quarterly portfolio valuation process, reviewing Fair Market Value submissions and preparing investor-level presentation material, in addition to year-end audit processes.
• Support quarterly financial performance analytics and investor reporting, assisting with presentation materials and working in Hyperion/PBCS to manage returns data.
• Manage tenant credit underwriting and monitoring platform using Capital IQ.

Note: Fidelity is not providing immigration sponsorship for this position

The Team

Pembroke is an international real estate advisor that acquires, develops, and manages properties and places – specializing in mixed-use and office environments in the world’s leading cities. We believe that properties that stand the test of time deserve a lot of time. So, we take a different approach: a thoughtful approach. We’re united by a belief that real estate is more than just buildings. Our mission is to create long-term value through our global expertise, local knowledge, and passion for real estate. Comprised of experts across a variety of fields, our team consistently strives for excellence, achieves with integrity, and embraces collaboration. Working together, we create places people love.

Over the past twenty-eight years, we’ve grown with offices in Boston, London, Munich, San Francisco, Stockholm, Sydney, Tokyo, and Washington DC managing approximately 9.8m sq ft in North America, Europe, and Asia Pacific. Facilitating the patient capital of FMR LLC and FIL Limited, we invest in global markets with long-term growth potential.

By combining a global point of view with local expertise, we’re able to create and manage world-class properties that deliver the best outcomes for our tenants, investors, and the communities in which we work.

For more information, visit our website: www.pembroke.com

The base salary range for this position is $83,000-158,000 USD per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position.

Certifications:

Category:

Pembroke Real Estate