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Real Estate Associate / Vice President

Company: Salem Partners LLC
Location: Los Angeles
Posted on: January 16, 2022

Job Description:

About Salem Partners:Salem Partners is a Los Angeles-based boutique investment banking and wealth management firm with an active real estate development arm.--The firm is currently developing three luxury hotel and condominium projects for which it provides entitlement, finance, and construction oversight.--
Salem Partners real estate practice is currently seeking a highly motivated and qualified individual with relevant real estate finance work experience to join our team as an Associate/Vice President, located in our Los Angeles office.--Individual will have a lot of responsibility on major projects and should be detailed oriented and proactive. Responsibilities:Support Salem Partners real estate team members from the acquisition of properties through the completion of construction of projects.

  • Independently prepare presentations, financing memorandums and development models.
  • Help to manage the asset acquisition and disposition process, including:
  • Conducting due diligence and facilitating third party investor and lender due diligence
  • Review legal documents, agreements, licenses, third-party engineering/environmental reports and miscellaneous documentation relevant to the transaction process
  • Managing underwriting models throughout the development process to update for different development scenarios and changing market conditions
  • Preparing presentations for lenders and investors describing projects and highlighting their risks and potential returns.
  • Oversee staff performing accounting and bill pay functions for major projects.
  • Supervise and review work performed by analysts Qualifications:
    • At least 2-3 years real estate banking, investment banking and/or commercial mortgage experience
    • BA/BS Degree
    • Strong verbal and written communication skills
    • Strong organizational skills and attention to detail
    • Ability to work independently while also maintaining rapport with a team
    • Flexibility to work after normal business hours and on weekends as needed
    • Strong computer skills (Word, PowerPoint, Excel, etc.)
    • Ability to work on and prioritize multiple projects simultaneously
    • Candidates must be authorized to work in the United States
    • Ability to travel domestically and internationally

Keywords: Salem Partners LLC, Los Angeles , Real Estate Associate / Vice President, Executive , Los Angeles, California

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