Due Diligence Analyst
4 weeks ago
Job Description
General Summary
Performs detailed financial analysis and economic modeling to assess viability and profitability of potential acquisitions. Works on the due diligence and closings of all transactions – acquisitions, dispositions, debt financing and developments. Uses a combination of financial, transactional and technical experience to provide the investment team, lenders and portfolio managers with the solutions needed to maximize the value of our portfolio and yield favorable results for First Industrial.
Essential Job Functions
- Analyzes historical financial statements, performs market research and analysis to verify assumptions used in financial modeling. Reviews leases, contracts, current and historical financial statements to verify net operating income and cash flow from a property or portfolio of properties.
- Analyzes detailed projections of net operating income and cash flow utilizing financial modeling software (ARGUS). Prepares forecasted models to reflect the due diligence results noted during the due diligence.
- Performs property inspections and tenant interviews to help determine tenant’s financial status, current occupancy and note any deferred maintenance. Out of town travel is an essential job function (Averages 20%).
- Coordinates due diligence efforts with third party consultants, lenders and governmental municipalities. Reviews the engineering, seismic, roof, HVAC and zoning results - evaluates the condition of the properties to determine potential risk and possible price concessions.
- Reconciles due diligence results and compares results to transaction underwriting and MC/IC/Board approvals – completes total investment/net sale proceeds analysis for approval by Manager of Due Diligence and Investments.
- Coordinates transaction closings with attorneys and title companies including preparation of closing statements and document signing.
- Works with the Capital Markets Group and the lenders on secured financing and loan assumptions. Completes the due diligence and closings of all secured debt financing transactions.
- Assists with escrow control funding for development transactions.
Knowledge, Skills, and Abilities
- Knowledge of basic theory accounting and finance principles at a level normally acquired through completion of a Bachelor’s degree in accounting or finance.
- At least 2 years of related experience in order to gain an understanding of real estate principles, terminology, due diligence activities and financial modeling using ARGUS and EXCEL.
- Good interpersonal and telephone communication skills. Good written communication skills including ability to prepare accurate and appropriate documentation and presentations. Must have a good understanding of legal concepts to understand the terminology used in contracts and closing documents.
- Computer skills necessary to enter and manipulate words and data and use standard microcomputer-based software to communicate with others, prepare documentation, and/or analyze data.
- Internal Contacts: Interface with all departments within company to gather and exchange information to discuss results of financial research and analysis.
- External Contacts: Sellers, Buyers, Developers, Brokers, Attorneys, Consultants, Title Companies and tenants to obtain or exchange information related to transactions, research, analysis and due diligence.
Physical Requirements
- Work regularly requires sitting for extended periods of time when working with computer systems.
- Work requires occasionally traveling out-of town to inspect properties and conduct market research.
- Work is performed in a normal office environment where there are relatively few physical discomforts due to dust, dirt, noise, and the like.
Equal Employment Opportunity
First Industrial Realty Trust, Inc. is an Equal Opportunity Employer Committed to Diversity, M/F/D/V
-
Due Diligence Analyst
2 weeks ago
Chicago, United States First Industrial Full timeJob DescriptionJob DescriptionGeneral SummaryPerforms detailed financial analysis and economic modeling to assess viability and profitability of potential acquisitions. Works on the due diligence and closings of all transactions – acquisitions, dispositions, debt financing and developments. Uses a combination of financial, transactional and technical...
-
Due Diligence Analyst
6 days ago
Chicago, United States First Industrial Full timeJob DescriptionJob DescriptionGeneral SummaryPerforms detailed financial analysis and economic modeling to assess viability and profitability of potential acquisitions. Works on the due diligence and closings of all transactions – acquisitions, dispositions, debt financing and developments. Uses a combination of financial, transactional and technical...
-
Due Diligence Analyst
2 days ago
Chicago, United States First Industrial Full timeJob DescriptionJob DescriptionGeneral SummaryPerforms detailed financial analysis and economic modeling to assess viability and profitability of potential acquisitions. Works on the due diligence and closings of all transactions – acquisitions, dispositions, debt financing and developments. Uses a combination of financial, transactional and technical...
-
Analyst, Real Estate Due Diligence and Closings
2 weeks ago
Chicago, United States Blue Owl LLC Full timeBlue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $174 billion in assets under management as of March 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive...
-
Chicago, United States Blue Owl LLC Full timeBlue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. With over $174 billion in assets under management as of March 31, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive...
-
Legal Analyst
1 week ago
Chicago, United States Beacon Hill Full timeBeacon Hill Legal is seeking a Real Estate/Due Diligence Analyst to join a team for our in-house client! This is a full time, permanent position, 40 hour work week, hybrid schedule, full benefits, and competitive compensation (paying between $70K-$100K)Skills required and Job Duties include the following:At minimum 2+ years of legal experience - preferably...
-
Legal Analyst
1 day ago
Chicago, United States Beacon Hill Full timeBeacon Hill Legal is seeking a Real Estate/Due Diligence Analyst to join a team for our in-house client! This is a full time, permanent position, 40 hour work week, hybrid schedule, full benefits, and competitive compensation (paying between $70K-$100K)Skills required and Job Duties include the following:At minimum 2+ years of legal experience - preferably...
-
Enhanced Due Diligence Analyst
2 months ago
Chicago, Illinois, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERSThis is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Enhanced Due Diligence Analyst
1 day ago
Chicago, Illinois, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERSThis is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Enhanced Due Diligence Analyst
1 month ago
Chicago, United States Interactive Brokers Full timeJob DescriptionJob DescriptionAbout INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and...
-
Head of Due Diligence and Issues Management
5 days ago
Chicago, United States Northern Trust Corp. Full timeAbout Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring...
-
Enhanced Due Diligence Compliance Analyst
3 weeks ago
Chicago, Illinois, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERSThis is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Chicago, Illinois, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERSThis is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Enhanced Due Diligence Compliance Analyst
2 weeks ago
Chicago, United States Interactive Brokers Group Inc. Full timeAbout INTERACTIVE BROKERS! This is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We...
-
Enhanced Due Diligence Compliance Analyst
24 hours ago
Chicago, United States Interactive Brokers Group Inc. Full timeAbout INTERACTIVE BROKERS! This is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We...
-
Enhanced Due Diligence Compliance Analyst
3 weeks ago
Chicago, United States Interactive Brokers Full timeJob DescriptionJob DescriptionAbout INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and...
-
Enhanced Due Diligence Compliance Analyst
2 weeks ago
Chicago, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Enhanced Due Diligence Compliance Analyst
22 hours ago
Chicago, United States Interactive Brokers Full timeAbout INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...
-
Enhanced Due Diligence Compliance Analyst
21 hours ago
Chicago, United States Interactive Brokers Full timeJob DescriptionJob DescriptionAbout INTERACTIVE BROKERS!This is a hybrid role (three days in the office/two days remote).Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and...
-
Senior Associate
1 week ago
Chicago, United States Keller Augusta Full timeCompany Overview:Our client is a Chicago-based investment firm that targets domestic core-plus to value-add real estate opportunities via commingled funds, separate accounts, and joint venture structures. Since 1996, the firm has sponsored more than 15 real estate equity and debt investment programs and completed 579 real estate equity and debt transactions...
