Asset Management Specialist

6 days ago


Seattle, Washington, United States Bridge33 Capital Full time
About Bridge33 Capital

Bridge33 Capital is a rapidly growing, vertically integrated real estate private equity firm focused on open-air retail real estate.

Job Summary

We are seeking an Asset Management Analyst to support our Asset Management team in operating and maximizing value in our nationwide retail property portfolio.

Key Responsibilities
  • Support the Asset Management team in operating and maximizing value in our nationwide retail property portfolio.
  • Assist in Annual Operating budgets while building a working understanding of an asset's revenue, operating expenses, taxes, tenant reimbursements, leasing, and debt.
  • Own the quarterly production of in-place net operating income & property financial metrics which are used in assessing the asset's investment valuation.
  • Help asset managers conduct market studies, lease research, and tenant research.
  • Project net operating income, debt, and cash flows for measuring returns and understanding loan covenant risks.
  • As assets are purchased, participate in setting up and understanding the asset's budget model, overall business plan, and investment strategy.
  • Prepare hold/sell summaries for the investment committee.
  • Correspond with tenants, and lenders related to leases, financial packages, and loan draws.
Requirements
  • A minimum of a bachelor's degree in finance, accounting, real estate, or related field is required; and 1-2 years of relevant work experience.
  • A basic understanding of how investment returns are calculated, balancing equity and debt, and the time value of money.
  • Ability to multi-task, prioritize and work independently with a strong attention to detail.
  • Self-motivated with an effective interpersonal and collaborative working style, along with a strong work ethic and a roll up your sleeves attitude.
  • Strong Excel skills and familiarity with Google productivity tools.
  • Excellent analytical skills and a strong sense of urgency.
  • High integrity and ethical standards.
What We Offer
  • A fast-paced and dynamic work environment, including frequent interaction with the senior management team.
  • A flexible time off policy.
  • Company-sponsored medical, dental, and vision insurance.
  • Company-paid life insurance.
  • Company-paid short- and long-term disability insurance.
  • Paid parental leave.
  • A 401(k) plan with Company match.
  • 11 paid holidays.


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