Investment Analyst at Empire State Realty Trust in New York, NY

Summary: Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a diverse portfolio of office, retail, and residential assets. The Investment Analyst position is crucial for supporting financial analysis, transaction processes, and asset management initiatives within the investment team. 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 Required Qualifications: - 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 - 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 - College degree in Business Administration, Real Estate, Finance, or related field - Prolonged periods of sitting at a desk and working on a computer - Must be able to lift up to 15 pounds at times Preferred Qualifications: - Domain knowledge of New York and the greater metropolitan area Required Skills: Financial analysis, Real estate investment, ARGUS proficiency Important Skills: Microsoft Office Suite, Market analysis Nice-to-Have Skills: Entrepreneurial spirit, communication, Team collaboration, Detail-oriented, Organizational skills 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, 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