USAA Real Estate

  • Associate, Acquisitions

    Job Location US-TX-San Antonio
    ID
    2019-1870
    # of Openings
    1
  • Company Overview

    Acquiring, developing, financing and managing quality real estate investments since 1982, USAA Real Estate provides superior returns investing across the risk spectrum, with expertise in office, industrial, multi-family, retail and hotel assets. Investing for the USAA membership and aligned with more than one hundred investment partners across the world, we maintain an “Investor First” mindset with a significant co-investment in all programs. As the real estate investment management arm of USAA, a leading financial services company serving military families since 1922, USAA Real Estate has achieved a track record of success living up to the high standards set at USAA and sharing its culture. USAA’s balance sheet puts us in a position of strength – well capitalized to invest in multiple strategies. This is a distinct competitive advantage. USAA Real Estate is headquartered in San Antonio, Texas. www.usrealco.com

    Job Description

    Purpose of Job:

     

    The Associate provides financial analysis and technical support in valuing assets and evaluating asset and portfolio returns, financing alternatives, and partnership return analysis for commercial real estate acquisition or finance candidates.  

     

    Essential Duties:

    1. Prepare detailed real estate financial analyses, assist with financial modeling and develop models to compare alternative investments or scenario comparisons. 
    2. Research market information to incorporate prudent modeling assumptions.  Assist in market underwriting.  
    3. Coordinate, compile, review and summarize property-related due diligence materials. Work with brokers and principals on issues related to asset due diligence. Coordinate with appraisers and other due diligence vendors as required.
    4. Assist with the preparation and writing of executive summaries, investment briefs, and memos related to potential investments
    5. Assist in supplying information for co-investment partners to include the preparation of pro-forma financials.  Assist in the underwriting, formation and structuring of co-investment relationships and investment structures with third parties.
    6. Assist Capital Markets group, as requested, with debt financing packages, investment pro-formas, lender due diligence, investments in public or private REIT stocks or mergers, and assist with preparation for Board of Directors’ meetings.
    7. Assist Portfolio Management as needed with transition of assets upon closing.
    8. Assist with the maintenance of submissions information. Provide assistance as needed with preparation of cash flows, analysis and construction budgets.
    9. Promote the adoption of best practices as related to the above duties and responsibilities.
    10. Provide secondary support to the Development and Capital Markets departments as required.  May also support other departments with various projects related to Asset Management, Portfolio Management, and Dispositions.

     

    At USAA Real Estate Company our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, USAA Membership eligibility, educational and professional designation assistance, business casual dress attire and much more! https://usaarealestatecareers.com/careers/benefits/ 

    Qualified applicants must successfully complete a pre-employment background and drug screen.  The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

     

    USAA Real Estate Company is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.

    Requirements

    Minimum Qualifications:

    • Bachelor’s Degree in Finance, Real Estate, Business, Accounting or related field.
    • 3+ years of commercial real estate industry work experience.
    • Solid understanding of financial concepts such as the time value of money.
    • Ability to travel.  Ability to regularly work extended hours.

    Key Competencies:

    • High level of proficiency in Excel; Argus Enterprise experience is preferred
    • Accuracy and attention to detail
    • Ability to prioritize assignments to meet numerous deadlines
    • Excellent analytical, quantitative and problem-solving skills
    • Exceptional written and verbal communication skills  

    Physical Requirements:

    • Regularly required to sit for extended periods of time; frequently required to stand, walk, and use business equipment daily such as computer, copier, fax, telephone, etc.; frequently required to reach overhead, bend, and lift objects of up to 25 lbs.
    • Ability to handle stress caused by multiple priorities, and other unforeseen situations associated with the organization.
    • Eyesight and hearing must be correctable to standard level.

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