Morgan Stanley
Asset Management- Associate
Join to apply for the Asset Management- Associate role at
Morgan Stanley
We are looking for an experienced Associate to manage a portfolio of institutional grade real estate assets across multifamily, industrial and triple-net leased properties with a portfolio value exceeding $9 billion. The Associate will be based in Boston, MA and will forecast, perform leasing/investment analysis, prepare budgets, and complete quarterly and ad-hoc financial reports. They will support the REIG team in monitoring and oversight of portfolio performance.
Responsibilities
Support the monitoring and management of commercial real estate investments from initial transaction close through disposition.
Assist in the preparation of business plans, cash flow projections, monthly/quarterly reporting, and oversight of capital planning and execution of asset-level business plans.
Develop and maintain comprehensive reporting packages to assist in monitoring performance in all critical areas: revenues, expenses, lease trends, occupancy, etc.
Prepare and maintain files for each property providing information on buildings, contracts, property insurance, and other operational data.
Support group activities including research projects, new supply/competition reports, evaluation of potential dispositions, expense analysis, and budget vs. actual comparisons.
Roll up property, market, and fund-level performance, as required.
Assist with quarterly internal valuation calculations and ensure consistency in format and methodology.
Utilize asset management systems to develop analytical tools, including refining reports from researched material and/or data collected to evaluate and report on the primary characteristics of the portfolio.
Assist property tax tracking for the portfolio including assessments, litigation, and appeals. Implement processes to improve tracking and ensure best outcomes for appeals.
Research market conditions and present to REIG to ensure the group is current on key trends.
Prepare ad hoc reports/projects for Senior Asset Managers, the Director of Asset Management and Director of REIG.
Qualifications
Bachelor’s degree or higher in Finance, Accounting, Business, Real Estate, or a similar field.
2 – 3 years of experience in a financial analyst role or similar professional experience within the commercial real estate industry.
Strong analytical and quantitative skills with the ability to create financial reports and analysis.
Willing to travel periodically to tour markets and properties.
Systems-oriented with proficient knowledge of Microsoft Office Suite and the ability to work with database systems.
Working knowledge/strength in Argus, RealPage and Excel modeling preferred. Ability to provide thoughtful, detailed analysis.
Strong attention to detail and organizational skills with the ability work on multiple projects.
Excellent verbal, written and interpersonal communication skills and the ability to interact with a broad constituency.
Benefits and Employer Commitment Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day. We offer some of the most attractive and comprehensive employee benefits and perks in the industry, and there’s ample opportunity to move about the business for those who show passion and grit in their work.
Equal Employment Opportunity Statement Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
#J-18808-Ljbffr
Morgan Stanley
We are looking for an experienced Associate to manage a portfolio of institutional grade real estate assets across multifamily, industrial and triple-net leased properties with a portfolio value exceeding $9 billion. The Associate will be based in Boston, MA and will forecast, perform leasing/investment analysis, prepare budgets, and complete quarterly and ad-hoc financial reports. They will support the REIG team in monitoring and oversight of portfolio performance.
Responsibilities
Support the monitoring and management of commercial real estate investments from initial transaction close through disposition.
Assist in the preparation of business plans, cash flow projections, monthly/quarterly reporting, and oversight of capital planning and execution of asset-level business plans.
Develop and maintain comprehensive reporting packages to assist in monitoring performance in all critical areas: revenues, expenses, lease trends, occupancy, etc.
Prepare and maintain files for each property providing information on buildings, contracts, property insurance, and other operational data.
Support group activities including research projects, new supply/competition reports, evaluation of potential dispositions, expense analysis, and budget vs. actual comparisons.
Roll up property, market, and fund-level performance, as required.
Assist with quarterly internal valuation calculations and ensure consistency in format and methodology.
Utilize asset management systems to develop analytical tools, including refining reports from researched material and/or data collected to evaluate and report on the primary characteristics of the portfolio.
Assist property tax tracking for the portfolio including assessments, litigation, and appeals. Implement processes to improve tracking and ensure best outcomes for appeals.
Research market conditions and present to REIG to ensure the group is current on key trends.
Prepare ad hoc reports/projects for Senior Asset Managers, the Director of Asset Management and Director of REIG.
Qualifications
Bachelor’s degree or higher in Finance, Accounting, Business, Real Estate, or a similar field.
2 – 3 years of experience in a financial analyst role or similar professional experience within the commercial real estate industry.
Strong analytical and quantitative skills with the ability to create financial reports and analysis.
Willing to travel periodically to tour markets and properties.
Systems-oriented with proficient knowledge of Microsoft Office Suite and the ability to work with database systems.
Working knowledge/strength in Argus, RealPage and Excel modeling preferred. Ability to provide thoughtful, detailed analysis.
Strong attention to detail and organizational skills with the ability work on multiple projects.
Excellent verbal, written and interpersonal communication skills and the ability to interact with a broad constituency.
Benefits and Employer Commitment Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day. We offer some of the most attractive and comprehensive employee benefits and perks in the industry, and there’s ample opportunity to move about the business for those who show passion and grit in their work.
Equal Employment Opportunity Statement Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
#J-18808-Ljbffr