Sr. Analyst/Associate - Investments

Job Locations US-IL-Chicago | US-NY-New York
ID
2024-6301

LivCor, a Blackstone portfolio company, is a real estate investment and asset management firm specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is currently responsible for a portfolio of over 500 Class A and B properties comprising more than 150,000 units in markets across the United States. Our business is focused on making real estate more valuable. But for us, it’s more than that. It’s people first, community always. It’s a life-filled career, not just a career-filled life. It’s doing good work, with good humans, and making a difference. It’s excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people – and places – better than we found them.

 

Whew! Still with us? Cool. Let’s talk about where you’d fit in:

 

We are looking for someone to join the most active multifamily acquisitions team in the industry. As a Senior Analyst or Associate - Investments, you will work with the LivCor/Blackstone deal teams to identify/underwrite/acquire/sell multifamily assets for Blackstone’s investment vehicles. Since 2018, the platform has transacted more than $25 billion in multifamily assets. In addition to unmatched transaction experience, you will gain direct exposure and mentorship from seasoned real estate investors across the LivCor/Blackstone teams. Furthermore, you will have the opportunity to leverage the platform’s competitive advantage via proprietary business intelligence and a suite of in-house specialist teams, including Asset Management, Portfolio Strategy, Revenue Management, Redevelopment, CapEx, Operations, Financial Planning & Analysis, Marketing, Strategic Initiatives, as well as access to industry leading technology solutions. This role will report to a senior leader on the Investments Team.

 

Only read further if you are:

  • Kind
  • Humble
  • Honest
  • Relentless
  • Smart with Heart

 

You should be:

  • Authentic. You do you. Together, we’ll do something amazing.
  • A passionate person with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success.
  • An excellent team player who enjoys working with others and has strong interpersonal skills.
  • Highly motivatedenergetic, and organized
  • Gumby. Things change.

What you will do:

  • Evaluate, underwrite and close acquisitions and dispositions; including all aspects of deal due diligence for core, value-add, and opportunistic investment vehicles.
  • Develop and maintain deep market intelligence via market research including macroeconomic, demographic, sales comps, development costs, and debt capital markets.
  • Prepare internal memoranda and other materials to support acquisition and disposition recommendations.
  • Collaborate with internal constituents including the Blackstone investment team, LivCor specialist teams (Debt Capital Markets, Transaction Management, Asset Management, Portfolio Strategy, Redevelopment, Revenue Management, CapEx), and Revantage specialist teams (Transaction Legal, RE Tax, RE Insurance).
  • Communicate with external parties including brokerage firms, operators, and third-party consultants.  
  • Manage recurring and ad-hoc projects related to investment reporting, investment research and team infrastructure.

What you should have:

  • Bachelor's degree in finance, real estate, or related technical field.
  • 3 to 5+ years of relevant experience working at a real estate investment company or financial services firm. Multifamily equity acquisition experience is strongly preferred. 
  • Financial modeling expertise in multifamily transactions and an in-depth understanding of real estate fundamentals.
  • Excellent communication skills, both written and oral, with the ability to convey complex information clearly and concisely.
  • Strong organizational skills and attention to detail with the ability to manage multiple projects under tight timelines simultaneously.
  • Ability to grow within the role and take on increased responsibilities over time.
  • Some travel may be required depending on team needs. 

 

What we offer:

We know that if we take care of our team everything else will fall into place. We aren’t perfect, but we will try to set very clear expectations, always let you know where you stand, and do everything in our power to help you get where you want to go.

 

Our culture and values matter to us. A lot. We’re definitely not serious but we take this stuff seriously, if you get what we mean. We want a place that is an ego-free zone. A place where good people do good things together. It shouldn’t be rocket science in workplaces, but for some reason it still is? We’re absolutely determined to be different, and we think we’re doing a pretty good job at it. We have a CEO who makes fun of himself, and who will encourage you to tell him when he is wrong. In fact, he needs people to – we all do. Supportive challenge is good, it’s how we get better. We like getting better. We also love diversity, of all kinds. We need people who look, sound, speak, love, and exist differently from one another. This isn’t at the end of this paragraph because it’s an afterthought. It’s SO important to us we want it to stand out.

 

Right. On to the technical stuff that we know matters to you. We offer competitive pay that is commensurate with the market and relevant experience, and a full slate of benefits that even includes things like paid parental leave.

  

If any of this sounds interesting, then maybe we are a fit. Life is too short to work with people you don’t like. So whatever you do, don’t make that mistake.

 

As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $117,000 - $186,000 (this represents the presently-anticipated low and high end of the Company’s base salary range for this position).  Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.

 

The LivCorian Values

  1. Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
  2. Care, Always. We don’t want to let anyone down.
  3. Courageously Curious. We love to learn, even when it hurts.
  4. Help Others Win, Be A Good Neighbor. This is about ‘We, not Me.’
  5. Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.

 

A few of the people you will work with:

LivCor is proud to be a US EPA ENERGY STAR® Partner

 

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and 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 accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

#LI-KR1 #LI-Hybrid

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