Investment Analyst

Empire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a diverse portfolio of office, retail, and multifamily assets. The Investment Analyst position plays a crucial role in financial analysis, transaction support, and asset management, contributing to the overall investment strategy and team organization.

Responsibilities

• Support the transactions process:
• Maintain transactions pipeline
• Coordinate and participate in property tours
• Download deal data rooms, coordinate access, and save data room files to Sharepoint
• Support review and execution of NDA’s for new transactions with legal team
• Upload files to disposition data rooms and coordinate access
• Support due diligence process and ensure information flows are coordinated across internal and external parties
• Team organization and logistics:
• Prepare agendas, presentation materials, and investment memoranda
• Create and modify Word and PowerPoint presentations
• Distribute materials to internal committees
• Coordinate and track meeting follow-up and meetings with brokers and advisors
• Maintain and record files for the Investment department and share information with other departments
• Take meeting minutes
• Analyze investments to the highest institutional standard:
• Analyze and synthesize market information to inform underwriting assumptions including leasing, development pipeline, financing, transaction, and capital raising activity
• Organize and participate in market diligence trips, competing property tours, and onsite inspections
• Understand and communicate the physical characteristics of properties and the related competitive advantages and disadvantages
• Prepare efficient investment memoranda for the ESRT Investment Committee and participate in discussion
• Create property and portfolio financial models that isolate variables and considers various outcomes
• Analyze property and portfolio level data to inform underwriting assumptions including
• Rent rolls, leases, historical cash flows, expense items, capital investment, and financing options
• Collaborate with other departments to provide critical inputs for underwriting model
• Assist with key asset management initiatives
• Participate in and provide support for the ongoing asset management of each investment
• Assist with key asset management initiatives
• Develop a working knowledge of leases, loan documents, partnership agreements, and other agreements to assist with general responsibilities
• Contribute to investment strategy:
• Analyze data sets and identify industry trends that support new investment themes
• Build proprietary databases that support sourcing initiatives
• Analyze historical portfolio performance
• Act as a culture carrier and exemplify the guiding principles of ESRT:
• Service-oriented and an ESRT brand ambassador
• Strong communicator
• Team player

Skills

• Demonstrated interest in a career in real estate investment and finance
• Highly detail-oriented, has strong organization and communication skills, and can prioritize and re-prioritize based on changing business needs
• Team calendar management and ability to interface seamlessly with other colleagues, departments, and administrative assistants
• Displays excellent judgment and can act decisively in situations requiring quick but thorough analysis and decision-making, while understanding when and how to escalate issues appropriately
• Active collaborator that thrives in a transparent and communicative setting
• College degree in Business Administration, Real Estate, Finance, or related field
• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times
• Domain knowledge of New York and the greater metropolitan area
• Familiarity with ARGUS

Benefits

• Competitive base salary and bonus
• Health/Dental/Vision insurance
• Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
• Voluntary Enhanced LTD Program
• Voluntary Hospital, Accident, and Cancer Programs
• 401(k) with 100% match up to 5%
• Paid parental leave
• Pre-tax transit accounts
• Employee Assistance Program for emotional, financial, and legal support
• Generous paid time off
• Flex remote work time
• Flex Summer Fridays
• Employee engagement programs
• Volunteer time off
• Continuing education
• Complimentary Empire State Building Observatory access
• Complimentary gym membership and other wellness benefits
• Employee Discount Programs

Company Overview