Analyst
RREAF Holdings is seeking to hire an analyst to join its Analytics department. The qualified candidate will apply excel financial modeling and analytical skills to build, prepare, and maintain financial reports and company workbooks.
The responsibilities associated with this position include updating waterfalls utilized to evaluate potential exit scenarios, ensuring financials are added to the financial management workbooks which help RREAF Asset Managers to analyze and track property performance, and producing underwriting models that support development, acquisition, and recapitalization decisions.
The candidate will assist the Asset Management department in the production of annual budgets and investor reports. The creation and enhancement of annual budgets will support Asset Management in implementing operational strategies and achieving financial targets. The investor reports, distributed quarterly, function as the main vehicle of communicating critical investment metrics and asset performance between RREAF and its investors.
Finally, the Analytics department will maintain the integrity of the data in all company trackers and databases which feed the back end of our Power BI dashboard.
Responsibilities:
- Produce and maintain disposition waterfalls for properties or portfolios with the ability to run multiple exit or refinancing scenarios for C-Suite and Asset Management.
- Update data in financial management workbooks on a monthly basis to provide advisory and in-depth analysis to Asset Management regarding any abnormalities from prior months as well as discrepancies from pro forma numbers and budgets.
- Build new financial management workbooks as new assets are acquired or constructed.
- Assist Asset Management team with investor reporting.
- Perform ad hoc modeling tasks for various RREAF departments. Examples include underwriting, asset valuation, projecting lease turnover trends, creating financial workbooks and trackers for other departments, etc.
Key Attributes/Experience
- Relevant work experience in finance and/or real estate is preferred
- Bachelor's degree in finance, accounting, or commercial real estate required
- Thorough knowledge of real estate finance fundamentals including IRR, EM, return waterfalls, etc.
- Financial modeling skills with a strong proficiency in Microsoft Excel
- Familiarity with applications such as RealPage, CoStar, etc. is a plus
- Attention to detail and a strong desire to produce high quality work product
- Ability to manage multiple tasks at one time, and still provide accurate computations and neat work product
- Strong problem-solving and analytical skills
- Effective oral and written communication skills
Our Core Strength and Abilities
Experienced
- With a wealth of expertise spanning various facets of the business, our leaders and seasoned associates have participated in numerous lucrative deals, facilitating substantial financial agreements, and fostering the growth of diverse commercial real estate endeavors.
Creative
- We focus on the macro “big picture” aspects of multifaceted real estate projects while also forming smart, creative solutions that bring superior performance and value growth to the portfolio. Value is created for our investors and strategic partners.
Resourceful
- We have built durable, long-term relationships with notable contractors, architects, engineers, title companies, attorneys, and other industry professionals who share our commitment to creating outstanding results for our partners and investors. We utilize innovative leaders and trusted advisors at the very highest levels in the commercial real estate, mortgage, and banking industries.
Connected
- We invest capital directly through discretionary, closed-end investment partnerships, counting among our investors and partners some of the country’s most esteemed private equity firms, hedge funds, family offices, pension funds, and high net-worth individuals. Our depth of experience and lasting relationships developed in the capital markets over the last four decades allow us to move quickly to secure capital, both debt and equity, and take advantage of highly opportunistic situations.
Profit-Driven
- We seize upon opportunities to create or maximize asset values through the acquisition, development, adaptive repositioning, and financial engineering processes. We can move quickly and make timely, informed decisions with small, close-knit management teams. Our ability to present our clients and investors with aggressively minded, value-added investment programs are augmented with our insistence on attempting to limit the risk level to that which is usually only seen in much less lucrative programs.
Proven
- We have successfully built a comprehensive portfolio through acquisition and development since RREAF’s formation in 2010. Our portfolio includes 12 hotel properties totaling nearly 1,500 rooms, more than 52 multifamily communities totaling over 12,000 units, and over 20 ground-up development sites throughout Texas and the Southeast. RREAF has a robust pipeline and will continue strategically growing our portfolio via our programmatic multifamily and hospitality resort platforms. We will also evaluate opportunistic ground-up development projects with outsized returns and barriers to entry.
