Real Estate Associate

il y a 3 semaines


Paris, Île-de-France TIAA Temps plein
Job Title: Real Estate Associate Office

The Real Estate Associate Office role is a key position within Nuveen Real Estate, one of the largest investment managers in the world. As a member of our team, you will be responsible for supporting transactions and maintenance for our portfolio of real estate and property assets.

Main Responsibilities:
  • Animate the agents network and screen the market to find new investment/development opportunities in line with the agreed sectors/funds' strategies;
  • Financial modelling, organizing and preparing client presentations, helping manage transaction processes, and assisting in structuring transactions;
  • Participate in the due diligence efforts performed during the acquisition phase (commercial, ESG, legal, tax, etc);
  • Assist with liquidity events, including refinancing or disposal.
  • Direct involvement and responsibilities for new and ongoing lease negotiations including communicating with third-party leasing teams, in-house counsel and third-party legal teams;
  • Oversight of third-party leasing teams, property management supporting the assets;
  • Design and administration of capital expenditures decisions within the portfolio and working with the NRE development team on oversight and guidance to all third-party construction managers, contractors;
  • Oversee third party operating partners to execute the business plan (leasing activity, capex activity, operating activity) and review quarterly reporting for content and accuracy
  • Assist with the annual budget process, reforecasting and strategic plan for the portfolio
  • Manage the bank financing (compliance reporting, monitor debt covenants, debt service, performance updates)
  • Responsible for accuracy and timeliness of management reporting on the portfolio: review of monthly third-party reports, verifying new leases are input correctly by third-party property management teams, as well as assisting in the compilation of internal asset management portfolio reports.
  • Liaise with property appraisers on the quarterly valuation process, providing relevant updates, reviewing methodology and validating outputs.
  • Maintaining and applying strong local market knowledge (i.e., competition, supply pipeline, demand drivers, major tenants, market absorption).
Requirements:
  • Excellent knowledge of the office and housing property market, some skills in alternatives would be a plus.
  • Proven ability to animate an agent network, screen the market, look for new investment opportunities and follow them up
  • Proven ability to 'hands on' asset management
  • Some abilities for development management would be appreciated
  • Strong knowledge of local regulations
Competencies:
  • Financial, analytical and modelling skills
  • Strong communication and negotiation skills
  • Fluent French and English speaker
  • Good team player contributing to the success of Nuveen Real Estate (the role involves regular liaison with regional offices)
  • Act in line with Nuveen Real Estate's Company Values
  • Travels required

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