Job description
JOB DESCRIPTION
Working for Equity Residential means being part of a community and striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together. That's what our Be. Think. Play.Live. culture is all about.Under the direction of the First VP, Investments, you will assist in overseeing the expansion markets and corporate functions within the Investment group. As an Investment Analyst, you are tasked with helping to maximize EQR's overall portfolio value by ongoing investment monitoring and in depth portfolio level analysis. You will be involved in preparation of reports for earnings releases and board meetings, underwriting acquisition and dispositions, tracking new apartment supply and monitoring and analyzing monthly Property Operating Statements and Variance Analysis while proactively making suggestions to improve the ROI of portfolio assets. Each day will be unique, requiring an ability to work independently, ask questions when needed, think strategically, take initiative, and employ a diverse set of skills.
WHO YOU ARE:
- Analytical and Creative.
You like thinking outside the box while coming up with effective solutions to complex challenges. Comfort around asking critical questions, challenging the status quo, proposing actions from the owner's point of view, and responding to changes in the marketplace. - A Strong Communicator.
Your writing and speaking skills are clear and effective, helping you connect well with others. - Organized and Confident.
You are flexible, composed, and able to prioritize multiple tasks and deadlines simultaneously while confidently interacting with individuals across all levels of the organization. - Motivated.
You invest extra energy to reach your goals. - A Solution-Oriented Team Player.
You are united with teammates and follow through on commitments.
WHAT YOU'LL DO:
- Prepare reports for earnings releases and board meetings
that summarize or detail accomplishments of the Investment Group. - Conduct appraisals on the performance
of specific assets,including revising cash flow forecast, and the redevelopment costs vs. budget figures on a quarterly and or/semi-annual basis. - Underwrite acquisitions and dispositions
including large portfolios from time to time. - Interact daily with Investment Team Members
, Regional Managers, real estate brokers, appraisers, environmental consultants, real estate tax consultants, and internal business partners. - Perform market research
(including shopping competitive properties) to assist in the assessment of submarkets and property performance; track critical indicators such as multi-family permits/completions, sales comparables, and single family activity. - Work with the pricing team
to evaluate and improve pricing model, including LRO / Realpage review andamenity pricing analysis. - Lead or participate in
other special projects as assigned.
REQUIREMENTS:
- Bachelor's Degree in Real Estate, Finance, Business, or other related field or relevant work experience.
- 1-3 years related real estate experience with a strong understanding of financial concepts such as IRR and NPV.
- Must possess a strong analytical mindset, as well as excellent written and verbal communication skills.
- Demonstrated proficiency in Excel and Powerpoint and technical expertise with complex financial modeling
Please clickto learn more aboutEquity Residential's Covid-19 Vaccination Requirements (Haga clicpara obtener masinformacion sobre los requisitos de vacunacion Covid-19 de Equity Residential).
PrimaryLocation Chicago, IL, United States ABOUT THE TEAM We are currently seeking a creative, organized, and analytical Investment Analyst to join the team in our Chicago office. Under the direction of the First VP, Investments, you will assist in overseeing the expansion markets and corporate functions within the Investment group.colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.