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Belay Investment Group, LLC

Real Estate Investment Associate

Belay Investment Group, LLC, New York, New York, us, 10261

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The Belay Way – Dedication, Detail-Oriented, Innovation, Collaboration, Respect and Attitude

Belay Investment Group employs a dynamic approach to investing across diverse real estate asset classes and investment structures. This is your opportunity to join a passionate and tight-knit team of professionals at an established and growing investment management firm in the real estate private equity space.

The Investment Associate will have direct exposure to Belay’s programmatic venture operating partners, working in a collaborative and detail-oriented environment as part of the investment team in our entrepreneurial and forward-thinking culture.

We are looking for a candidate who will work closely with other investment team members to perform financial analysis and transaction support for real estate investment acquisitions and asset management, underwriting and review of operating partner platforms. The position will also assist senior staff with due diligence process management, market research, and transaction closing tasks.

Compensation & Benefits

Location: New York, New York

Schedule: Hybrid – Tues/Wed/Thurs in office, Mon/Fri work from home

Compensation: $125,000 to $150,000 plus discretionary performance bonus. Competitive benefits package including medical, dental, vision, life, 401(k), paid holidays, vacation, and sick-time off

CANDIDATE SHOULD HAVE

Bachelor’s degree in business, finance, economics, STEM, or other similar fields of study.

3–5 years of relevant experience at an investment management firm, investment bank, consulting firm, real estate operating company, or leading real estate brokerage.

Ability to identify problems, collect data, establish facts, and draw valid conclusions.

Ability to independently interface with real estate professionals, such as brokers, lenders, leasing, property management, and other service providers.

Outstanding written and verbal communication skills.

Significant financial modeling and cash flow analysis experience.

Ability to read, analyze, and interpret complex quantitative and qualitative information.

Strong understanding of real estate fundamentals and return drivers.

Versatile and adept at responding to changing tasks and situations.

High-level organizational skills to manage multiple projects simultaneously and prioritize tasks to meet deadlines.

Ability to consistently produce high-quality, detail-oriented work under tight time frames.

Mindset to view every action and decision in terms of client impact and understand client needs.

Phenomenal work ethic, strong time-management skills, and a high degree of detail orientation.

Self-starter ability to work independently or in a team and take initiative and accountability for their work product.

High level of integrity and ethical standards.

Ability to work well with all levels of internal management and staff, including junior employees.

Proficiency at Microsoft Excel, PowerPoint, Word, and Argus.

Experience with or interest to learn Costar and Salesforce.

KEY RESPONSIBILITIES

Collaborate with Investment Team members to evaluate and analyze existing and potential investments or owned properties, including market analysis, economic and demographic trends, absorption rates, market competition, and financial modeling analysis (Argus and Excel).

Assist in completing due diligence and underwriting of potential joint venture partners, both qualitatively (management team, strategy viability, execution capabilities, etc.) and quantitatively (track record analysis, projected returns breakdown, sensitivity scenarios, etc.).

Create and collaborate on documents for internal Investment Committee meetings and participate in Investment Committee meetings.

Work with operating partners and Investment Team members to execute and track asset management responsibilities.

Review, outline, and extract key information from real estate operator pitch books and PPMs, property asset management reports, quarterly and annual financial reports, and cash flow templates.

Contribute to the cultivation of Belay’s firmwide investment strategy and relative value assessments.

Work with team members to complete research, analysis, and presentation for bi-annual, top-down investment thesis discussions.

Memorialize interactions with operators and clients in Salesforce.

Work closely with Investment Team members and Managing Principals on multiple tasks simultaneously.

Assist with the preparation of client materials as needed.

Assist in capital formation efforts, including the creation and refinement of investor outreach materials, DDQs, and other items.

Assist in Responsible Investment and Diversity initiatives and projects, as assigned.

ABOUT BELAY INVESTMENT GROUP Belay Investment Group, LLC is an institutional real estate investment management firm that is at the forefront of providing scalable access to small-scale real estate. The firm does this through programmatic partnerships with locally entrenched and specialized operators with exclusive deal flow and “on-the-ground” market insights throughout the US. Belay pursues investment opportunities across the risk spectrum, property types, and geographies, including both debt and equity, offering its clients unique access to these alpha generating real estate opportunities. Visit https://www.belayinvestmentgroup.com for more information.

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