We are a team of deeply experienced, values-driven professionals in development, leasing, facilities, investments, asset management, property operations and supporting functions who are focused on life science real estate. Our tenants tell us that we're differentiated because we listen, we're easy to work with and we're trusted. By focusing on vibrant and activated innovation-based environments across the world, our team brings a broad perspective to each project in meeting the needs of a wide range of organizations across core life science markets. Our integrated platform, network scale, prime locations, extensive pipeline, rich amenities, and Blackstone ownership create a total commitment to providing our tenants the time, space, talent, and budget to innovate. Our way of operating is reflected in the core values that we foster: accountable, collaborative, capable, inquisitive, and courageous. Associate, Investments & Asset Management - provides analytical and decision support, including investment underwriting and financial analysis for acquisitions, dispositions, development, redevelopment, leasing, restructure, termination of existing tenants, transactional due diligence support for potential real estate investment opportunities, management of existing assets and creative growth opportunities. Key Duties and Responsibilities
- Run comprehensive underwriting process including creation of detailed financial models (Excel and Argus), market assumptions, and analyses for Investments and Asset Management activities, capital markets, and other strategic capital allocation opportunities to enhance the value and performance of the assets.
- Identify growth opportunities and recommend appropriate strategies using knowledge of market trends, financial data, and industry benchmarks.
- Contribute to preparation of investment presentations to the Investment Committee.
- Prepare ad-hoc analysis and industry related research in support of potential investment, leasing, or development opportunities.
- Help manage transactional due diligence process and communication with counterparties.
- Work with various departments including legal, accounting, leasing, development, finance, and operations to aggregate, interpret, and share information used to communicate both externally and internally for potential investments.
- Prepare comprehensive business plans for assets, outlining key initiatives, alternative strategies, and financial projections.
- Conduct diligence to assess operating performance, utilization, capital expenditure needs, and competitive set, coupled with financial review of assets, evaluate strategic importance of asset, assessing risk factors and evaluating financial feasibility.
- Contribute to reports, presentations, and recommendations for senior management and the executive team.
- Manage and report a comprehensive timeline for all strategic plans, including critical milestones for intermediate decisions and data, and deadlines for key deliverables.
- Provide other support to Investments and Asset Management team as needed.
Job Specifications
- Bachelor's degree in finance, real estate or related technical field, with 3-6 years of commercial real estate, corporate finance, private equity or investment banking experience.
- Financial modeling expertise, with experience in commercial real estate transactions and an in-depth understanding of real estate fundamentals.
- Life Science industry experience considered a plus.
- Experience analyzing financial statements, leases, and related documents for purposes of forecasting, underwriting, and analyzing tenant credit quality.
Competencies Critical for Success
- Tool/Software Literacy - Advanced level of knowledge/usage of Microsoft Excel, PowerPoint, and proficiency level/usage of Argus.
- Data Gathering and Analysis - collecting, consolidating, and analyzing relevant information; recognizing important patterns or issues, tracing possible causes of problems, and searching for practical data/solutions.
- Attention to Detail - applies a thorough and detailed method of working.
- Quality Orientation - sets high standards regarding personal work and working environment and acts accordingly; applying quality standards, continuously evaluating performance, and actively seeking ways to improve quality.
- Problem Solving - identifies problems and issues of varying complexities and finds effective solutions with few guidelines.
- Conceptual Thinking - understanding a given situation or problem by combining multiple sources of information available; identifying key or underlying issues in complex situations.
- Teamwork - works as a productive member of a cohesive group toward common goals, contributing to team development and effective team dynamics
- Oral Communication - shapes and expresses ideas and information in an effective manner.
- Written Communication - expresses ideas and opinions clearly in properly structured, well-organized, and grammatically correct reports or documents; utilizing language and terminology that is appropriate for the reader.
- Continuous Learning - actively seeks feedback and gains insight of own strengths and needs to identify relevant areas needing further growth & development, and acts upon them.
- Initiative - spots opportunities within a circle of influence; anticipating threats and acting on them; self-starting rather than waiting passively until the situation demands action.
- Results Orientation - shows persistence and perseverance to achieve concrete and tangible results through personal responsibility; gets optimum results from situations; remains ready to act and show tenacity when facing obstacles or resistance.
- Humble Self-Confidence - believes in one's capabilities; dealing confidently with increasingly challenging circumstances; reaching decision or forming opinions, standing up for interests, and handling failure constructively.
Salary: $112,500 - $140,500 per year + bonus + long term incentive + benefits The above represents the expected salary range for this job requisition. Ultimately, in determining pay, we'll consider location, experience, and other job-related factors. Benefits At BioMed Realty, we make sure you have the support and resources to leverage and develop your skills, secure your financial future, and take care of your health and well-being. BioMed Realty continually seeks to provide a workplace where everyone can be their authentic self. Through BioMed Realty's competitive benefits offerings and various training and development opportunities, we have you covered with our Benefits Program which includes:
- Employer-Paid Medical, Dental, and Vision Insurance
- Paid Time Off and Paid Family Leave Benefits
- 401(k) Retirement Savings Plan
- Tuition Reimbursement
- Flexible Spending Accounts
- Commuter Benefits
- Lifestyle Spending Account
- Pet Insurance
- ID Theft Insurance
- Legal Insurance
- Employee Assistance Program
- 100% Employer-Paid Life & AD&D Insurance, Short and Long Term Disability
Amenities
- Onsite Gym
- Complimentary Snacks, Fresh Fruit, Cold Brew Coffee, Kombucha and Soda Water Provided
- Dry Cleaning Services Onsite
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About the company At BioMed Realty, our purpose is to provide mission-critical infrastructure that expands the innovation capacity of our tenants to advance human health and unleash human potential. With 17 million square feet of operating high-quality life science real estate in the United States and the United Kingdom, we don't just manage real estate; we help shape the future of life science and technology innovation. As a Blackstone Real Estate portfolio company, we leverage the financial strength of one of the world's largest real estate owners to seize new opportunities in the evolving life sciences landscape. BioMed Realty is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodation, if you need an accommodation to complete the application process, please email careers@biomedrealty.com.
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