Brookfield PropertiesBrookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world's largest alternative investment managers.Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don't just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We're elevating the logistics business as we envision – and then deliver – the world's most forward-thinking properties, creating spaces where people, businesses, and communities thrive.We are seeking an Associate to join Brookfield Properties in Los Angeles, CA.
In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you.This position will be focused on asset management, lease analyses and execution, business plan development and implementation, asset valuations, and dispositions for Brookfield's West Region U.S. industrial portfolio. Additionally, the Associate will have exposure to underwriting, market research, portfolio management and development and construction, working with the various teams in the Los Angeles office.
The Associate will benefit from extensive exposure to the North American Logistics market through real estate management and analysis.Role & Responsibilities:Manage the leasing process and analyze potential leases and the resulting financial impact on an investmentAbility to analyze lease proposals and negotiate lease transactions through executionAnalyze third party appraisals and conduct internal valuationsBuild strong relationships with Industrial/Logistics Brokerage communityPerform detailed quarterly financial statement analysis, review of rent rolls, current and future cash flow and forecasting of cash flows through ArgusPerform financial analyses, including Argus valuation models and Excel-based underwriting of pro-formas, cash flow projections and sensitivity analysesAssist Senior Asset Managers in development of annual operating budgets including leasing and capital project forecastingSupport Senior Asset Managers with asset sales/dispositions processProvide analytical support to colleagues in the areas of Fund Operations, Investments and DevelopmentWork on other tasks / initiatives to gain exposure to acquisitions, development, portfolio management, and market research as neededYour Qualifications:Bachelor's degree in real estate, finance, or applicable field4-5 years of related experience requiredAbility to travel monthlyArgus experience required, VTS experience a plusStrong understanding of financial principles and analytical abilityHigh attention to detail and strong organizational skillsAdvanced Microsoft Excel and Power Point skills requiredDemonstrated interest in real estateEffective communication, time management, and presentation skillsYour Career @ Brookfield Properties:At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people.
We take pride in knowing that 70% of our employees have more than 5 years of tenure.End your job search and find your career today, at Brookfield Properties.Why Brookfield Properties?We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.Compensation & Benefits:Salary Type: ExemptPay Frequency: Bi-weeklyAnnual Base Salary Range: $125,000 - $140,000Medical & Pharmacy Coverage: Yes, under Brookfield Medical PlanDental Coverage: Yes, under Brookfield Medical PlanVision Coverage: Yes, under Brookfield Medical PlanRetirement: 401(k)Insurance: Employer-paid life & short/long term disabilityBrookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.