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Cirrus Real Estate Partners

Asset Management Associate

Cirrus Real Estate Partners, New York, New York, us, 10261

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About Cirrus Real Estate Partners Cirrus Real Estate Partners’ actions are based on the firm’s core values: fair dealing, fiduciary responsibility and mutual respect. Cirrus’ value-based investment approach is grounded in a deep and granular understanding of the base factors which drive real estate performance generated through the 25+ year average commercial real estate and capital markets experience of its partners.

This experience spans multiple cycles and includes the origination of over $150 billion of commercial real estate credit products and the investment of over $10 billion of commercial real estate equity. While firmly anchored in long-term real estate fundamentals, Cirrus’ approach is purposefully designed to adapt to the unique characteristics of each investment cycle.

Cirrus’ proprietary framework is designed to generate consistent, attractive returns through identifying investments that offer asymmetric risk-return profiles and significant downside protection while integrating direct, active asset management to ensure favorable outcomes for its stakeholders.

Position Overview As part of the investment team, the potential candidate will assist the Head of Asset Management with strategic decisions to protect and maximize the value of existing investments of the firm.

Responsibilities

Monitor and report on the performance of existing investments to identify potential risks and resolve asset-level issues

Communicate directly with Sponsors of existing investments to ensure implementation of business plan

Alongside the investment team, prepare and maintain financial models for on-going cash flow projections and valuations of individual assets and portfolio-based analysis

Evaluate recapitalization, restructuring and other exit scenarios for existing investments

Conduct due diligence on existing investments including market research, construction and operational budget analysis and site visits

Assist in the preparation of quarterly and annual investor reporting of asset performance and business plan execution

Support the asset management team in all aspects

Education, Qualifications and Requirements

Proficient with Microsoft Excel, Microsoft Word, and PowerPoint

3-5 years of real estate investment and asset management experience with structured credit investments, including subordinate debt, and construction and development financing

Bachelor’s Degree from a four-year college or university

Strong writing, proofreading and verbal communication skills

Proven track record of excellent follow-through and accountability

Outstanding organizational skills and meticulous attention to detail

Desire to collaborate with CRECF investment team and investor relations

Ability to prioritize tasks and execute multiple projects simultaneously

Ability to work independently and a self-starter with a positive, can-do attitude

Flexible and able to meet changing work needs and demands

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