Job Description

Investment Analyst

The Investment Team seeks to invest in office, retail, and residential assets and pursue equity, preferred equity, mezzanine, and distressed debt opportunities. The Investment Analyst position is integral to all phases of the investment process, with primary focus on financial analysis, transaction support, team organization and logistics, and to provide support over time in underwriting, due diligence, and asset management.

Responsibilities Support the transactions process:

• Maintain transactions pipeline
• Coordinate and participate in property tours
• Download deal data rooms, coordinate access, and save data room files to Sharepoint
• Support review and execution of NDA's for new transactions with legal team
• Upload files to disposition data rooms and coordinate access
• Support due diligence process and ensure information flows are coordinated across internal and external parties

Team organization and logistics:

• Prepare agendas, presentation materials, and investment memoranda
• Create and modify Word and PowerPoint presentations
• Distribute materials to internal committees.
• Coordinate and track meeting follow-up and meetings with brokers and advisors
• Maintain and record files for the Investment department and share information with other departments
• Take meeting minutes

Analyze investments to the highest institutional standard:

• Analyze and synthesize market information to inform underwriting assumptions including leasing, development pipeline, financing, transaction, and capital raising activity
• Organize and participate in market diligence trips, competing property tours, and onsite inspections
• Understand and communicate the physical characteristics of properties and the related competitive advantages and disadvantages
• Prepare efficient investment memoranda for the ESRT Investment Committee and participate in discussion
• Create property and portfolio financial models that isolate variables and considers various outcomes
• Analyze property and portfolio level data to inform underwriting assumptions including rent rolls, leases, historical cash flows, expense items, capital investment, and financing options
• Collaborate with other departments to provide critical inputs for underwriting model

Assist with key asset management initiatives

• Participate in and provide support for the ongoing asset management of each investment
• Assist with key asset management initiatives
• Develop a working knowledge of leases, loan documents, partnership agreements, and other agreements to assist with general responsibilities

Contribute to investment strategy:

• Analyze data sets and identify industry trends that support new investment themes
• Build proprietary databases that support sourcing initiatives
• Analyze historical portfolio performance

Act as a culture carrier and exemplify the guiding principles of ESRT:

• Service-oriented and an ESRT brand ambassador
• Strong communicator
• Team player

WHAT SUCCESS LOOKS LIKE

• Become an integral part of the Investments Team and can be relied upon for timely and accurate analyses
• Work seamlessly with the members of the Investment Team to prioritize assignments and communicate issues and significant findings to the team immediately
• Flexible based on new information and deadlines and can pivot as needed
• Curious and growth-oriented, constantly seeking to absorb knowledge and acquire experience

REQUIRED SKILLS / ABILITIES

• Demonstrated interest in a career in real estate investment and finance
• Highly detail-oriented, has strong organization and communication skills, and can prioritize and re-prioritize based on changing business needs
• Team calendar management and ability to interface seamlessly with other colleagues, departments, and administrative assistants
• Displays excellent judgment and can act decisively in situations requiring quick but thorough analysis and decision-making, while understanding when and how to escalate issues appropriately
• Active collaborator that thrives in a transparent and communicative setting
• Domain knowledge of New York and the greater metropolitan area is preferred but not required
• Familiarity with ARGUS and proficient in Microsoft Office Suite
• Has an entrepreneurial spirit and is excited by the challenges that come along with building a business

EDUCATION & EXPERIENCE

• College degree in Business Administration, Real Estate, Finance, or related field

PHYSICAL REQUIREMENTS

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times

WHAT YOU CAN EXPECT At ESRT, like our tenants, our employees come from everywhere. We foster a collaborative work environment that captures top talent and cultivates the best ideas. As a Great Place to Work Certified employer, we are committed to maintaining our positive work culture where employees are engaged and can grow and develop. In addition, ESRT employees embody our

Company Culture & Success Factors

• Adaptable you are a self-starter who's able to quickly digest and execute new processes to work both collaboratively and independently
• Dynamic you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT
• Dependable you take a strong sense of ownership and accountability over your work
• Passionate you keep up with industry trends and are excited about the potential to propel the industry forward with a "roll-up-your-sleeves" attitude
• Curious you consistently look for new ways to work smarter, not just harder
• Ethical you treat others with respect, act with integrity in how you perform your work, and embrace our collaborative culture
• Positive you possess a service-oriented attitude with excellent follow through

BENEFITS

• Competitive base salary and bonus
• Health/Dental/Vision insurance
• Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
• Voluntary Enhanced LTD Program
• Voluntary Hospital, Accident, and Cancer Programs
• 401(k) with 100% match up to 5%
• Paid parental leave
• Pre-tax transit accounts
• Employee Assistance Program for emotional, financial, and legal support

WELL-BEING

• Generous paid time off
• Flex remote work time
• Flex Summer Fridays
• Employee engagement programs
• Volunteer time off
• Continuing education
• Complimentary Empire State Building Observatory access
• Complimentary gym membership and other wellness benefits
• Employee Discount Programs

$100,000 - $110,000 a year Salary is based on several factors including but not limited to education, work experience, job location, size of property where applicable, and/or certifications. In addition to your base salary, ESRT provides discretionary annual bonuses.

ESRT is an equal opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate the unique differences of our employees because they drive curiosity, innovation, and the success of our business. We do not discriminate based on race, religion, color, creed, national origin, sex, sexual orientation, gender identity or expression, reproductive choices, age, marital status, veteran status, disability status, pregnancy, parental status, caregiver status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. This policy applies to all aspects of employment, including hiring, promotion, demotion, compensation, training, working conditions, transfer, job assignments, benefits, layoff, and termination. Reasonable accommodations that do not create an undue hardship for the Company are available for applicants and employees with disabilities or sincerely held religious beliefs.

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