Associate, Investments recruitment

Associate, Investments – Los Angeles

About CIM:

CIM Group is a premier real estate fund manager with approximately $5.5 billion in equity under management that makes private equity and/or debt investments in urban communities throughout North America, utilizing its full array of investment and operational expertise to maximize returns while mitigating risks.  With offices in Los Angeles, San Francisco, Bethesda, and New York. CIM has three distinct portfolios each diversified by geography and type of property.  They include:  Opportunistic or repositioning and development projects in established and emerging urban areas, Stabilized/Core or well-positioned operating properties in transitional districts, and Infrastructure or properties serving the public interest.  Once involved in a qualified community, CIM seeks to routinely make additional investments in order to support the growth of the community and enhance the value of its previous investments. 

Position Summary:

The Associate is an integral part of the Investments deal team, responsible for handling the majority of the financial modeling, research, and underwriting of an investment.  Key responsibilities include:

• Financial Analysis:  Analyze and underwrite potential acquisition and development opportunities to include cash flow modeling, property valuations, investment analyses (IRRs, sensitivity tables, etc.), and joint venture structuring.
• Market Research: Support deal team by independently performing market research of investment districts and other market data by utilizing CIM resources, such as relationships with external experts, to inform decision making.
• Due Diligence: Support the transaction due diligence and closing processes. Collect due diligence materials, utilize information to adjust underwriting,  and coordinate with legal and accounting departments to facilitate the closing of the transaction.
• Investment Recommendation:  Be familiar with CIM Investment Strategy and gain understanding of joint venture and capitalization structuring concepts and rationale.  Work within deal team to assemble the Investment Committee Memo including composing final investment recommendations and compiling support documents.
• Asset Management:  Support asset management functions and oversight of existing portfolio investments.  Conduct ongoing quantitative and qualitative analyses to support decision making related to the business plan of the investment. Facilitate approval of documents such as lease approvals, draw request reviews, capital call notices.  Track investment performance by updating the quarterly IRR model, preparing Asset Management Reports, and updating Investor Summaries.  Assemble and prepare due diligence materials for financings and dispositions.

Qualifications:

• At least two years of experience in investment banking, real estate or private equity
• Self-motivated and hard-working
• Excellent academic performance
• Strong proficiency in Excel and financial modeling, ARGUS experience is a plus
• Strong communication skills including:  writing/composition, oral, and listening skills
• Knowledge of corporate finance, accounting and valuation methodology
• Must possess a good attitude, be dedicated, have initiative and motivation, attention to detail, teamwork, professionalism, and a sincere interest in a career in real estate finance. 

 TO APPLY:

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