Acquisitions & Strategic Initiatives Analyst
hace 12 días
Cincinnati
Job Description The Acquisitions & Strategic Initiatives Analyst sits at the intersection of the investment and asset management functions. The role supports the sourcing, underwriting, diligence, and closing of new investments while helping transition newly acquired assets into the Asset Management team. The Analyst will work closely with Asset Management, Accounting, and Capital Markets, as well as third-party operators and brokers. The role will also support strategic initiatives involving data, automation, and process improvement. The Opportunity This role offers broad exposure to the full investment lifecycle, from initial opportunity screening and underwriting through due diligence, closing, post-close integration, asset management, dispositions, financing, and strategic initiatives. Key Responsibilities Acquisitions & Underwriting • Build and maintain asset-level underwriting models for prospective acquisitions, including revenue build-ups by parker type, operating expense assumptions benchmarked to portfolio actuals, capital reserves, debt sizing, and levered and unlevered return outputs., • Conduct market and submarket research to support investment decisions, including parking rate and inventory surveys, competitive supply analysis, demand-driver and development-pipeline tracking, and identification of pending changes to supply., • Screen inbound and off-market opportunities against investment criteria, prepare initial valuation ranges, and recommend whether to pursue opportunities with supporting rationale., • Prepare investment committee materials, including deal summaries, sensitivity and scenario analyses, and comparisons against recent portfolio transactions and market comparables., • Maintain the acquisitions pipeline and comparable transaction database for use across the investment and asset management teams., • Support the preparation of letters of intent and track negotiated business terms through purchase and sale agreement execution. Due Diligence & Closing • Manage due diligence checklists and data rooms for assets under contract, tracking outstanding items and coordinating internal and third-party parties against closing deadlines., • Abstract and summarize monthly parker agreements, operator management agreements, ground leases, easements, and reciprocal access or parking agreements, flagging terms that affect value or operational control., • Coordinate third-party reports, including property condition assessments, environmental, zoning, survey, title, and appraisal, and translate findings into capital and operating budget adjustments., • Support lender and rating agency diligence requests, including asset-level data tape preparation, and assist with loan document review for provisions affecting future flexibility., • Assist with closing logistics, including settlement statement review, prorations, escrow and reserve funding, entity formation support, and post-closing deliverables. Post-Close Integration & Asset Management Bridge • Assist with preparation of the 180-day post-close business plan for each acquisition, including operator onboarding, initial rate and revenue strategy, staffing, capital scope, and reporting cadence, with increasing ownership of plan execution as the role matures., • Track actual performance against acquisition underwriting, quantify variances by driver, and feed findings back into future underwriting assumptions and operating expense and rate benchmarks., • Maintain a portfolio-wide view of value-creation initiatives and their status, partnering with Asset Management to prioritize opportunities by impact., • Support asset-level hold/sell analyses, refinance-versus-sale comparisons, and recurring valuation updates across the portfolio., • Serve as a working resource to the Asset Management team on analytical requests requiring deal-side skills, including valuation, debt mechanics, market analysis, and modeling. Dispositions & Capital Markets Support • Support disposition execution by assembling marketing and diligence materials, managing data rooms, tracking buyer questions, and coordinating broker opinion-of-value inputs., • Prepare net proceeds and hold/sell analyses, including estimated transaction costs, prepayment or defeasance costs, and after-tax considerations where applicable., • Assist with financing and refinancing workstreams, including lender package preparation, debt quote comparison, sizing analyses, and covenant and reserve tracking., • Track loan-level constraints across the portfolio, including prepayment windows, release and substitution provisions, and consent requirements, and surface them early in transaction discussions. Strategic Initiatives & Automation • Identify and evaluate incremental revenue and alternative-use opportunities across the portfolio, assessing the highest and best use of underutilized land, space, and structures and building business cases for pilot programs., • Build, deploy, and maintain automated workflows and reporting using the Microsoft Power Platform and AI tools to reduce manual work across the investment and asset management functions., • Develop and maintain standardized templates and processes for underwriting, diligence, and post-close reporting so work product is repeatable as the platform scales. Experience & Qualifications • Bachelor's degree, ideally in Finance, Economics, Statistics, Real Estate, or a related field., • 0-3 years of experience in commercial real estate acquisitions, investment sales, valuation, lending, asset management, or a comparable analytical role., • Strong financial modeling skills in Excel., • Working knowledge of commercial real estate fundamentals, including valuation methodology, capital structure, debt terms, and the mechanics of a purchase and sale transaction., • Highly analytical with strong attention to detail and an exceptional work ethic., • Curiosity, integrity, humility, and a team-first attitude., • Strong interpersonal, verbal, and written communication skills, including the ability to communicate proactively with senior leadership and interface directly with brokers, lenders, operators, and counterparties., • Exceptional project management, organization, and time-management skills, with the ability to manage multiple competing workstreams in a fast-paced environment., • Strong unstructured problem-solving skills and the ability to resolve issues and roadblocks with limited guidance or precedent. Nice-to-Have Qualifications • Hands-on experience with the Microsoft Power Platform, including Power BI, Power Automate, or Power Apps., • Demonstrated experience using AI tools to automate processes or accelerate analysis. Compensation & Benefits Base salary plus an annual performance-based bonus. The company offers a competitive benefits package, including medical, vision, dental, and life insurance, 401(k) matching, family leave, and a permissive vacation policy. Travel Regular travel to portfolio properties and prospective acquisitions, including site tours and market visits. Travel is estimated at one to two trips per quarter and may vary with deal activity.