ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
The Investments Group at CIM is comprised of investments and portfolio management professionals working collaboratively to a) source, structure and execute new investments, and b) ensure that investment and fund performance aligns with the fund objectives. The Portfolio Oversight function leads coordinated efforts to design the composition of CIM’s funds, maximize the value of its investments to drive fund performance, and communicate ongoing fund performance to investors and prospective investors. As a critical part of the Investment Group, this position will provide portfolio oversight support to a subset of funds and/or investment vehicles within the firm’s Real Estate Equity platform. Additionally, this role will offer significant exposure to CIM’s wide range of investment platforms active in principal investing across the Real Assets industry.
ESSENTIAL FUNCTIONS:
- Portfolio Oversight: act as subject matter expert on the strategy and underlying investments to ensure decisions regarding individual assets are made with an eye towards the impact on the portfolio as a whole
- o Acquisition analysis: work with Investments team to evaluate the risk/return and potential fit of new investments
- o Portfolio Composition Review: develop hold/sell recommendations on individual assets within CIM’s funds and create strategy for go-forward portfolio composition targets based on an assessment of market and valuation trends
- o Portfolio and asset-level leverage analysis: provide analysis and support for decisions relating to leverage & lending
- o Investment pipeline: maintain up to date knowledge and understanding of potential acquisitions
- Asset Management: work closely with Investments team to oversee and monitor the overall performance of all assets in the portfolio
- o Track progress of each investment against its business plan
- o Collaborate with other CIM departments to make recommendations for asset-level decisions, including leasing, property management, development, and construction
- o Hold various internal groups across CIM accountable for delivering against stated business plan objectives
- o Review and share recommendations/insights on annual budgets and business plans
- o Review and present quarterly third-party appraisals to senior management
- o Provide detailed and regular updates to investors and internal stakeholders
- Reporting & Fundraising: meet the needs of existing and prospective partners and co-investors to support our portfolio’s activities by acting as subject matter expert on the strategy, composition and performance of the Fund
- o Market research
- o Investor and Consultant reporting (Quarterly Variance Analysis, Update reports, etc.)
- o Assisting in the development of presentations and materials to support marketing and due diligence efforts (Flipbook, Annual and Quarterly reports, DDQ, Case Studies, etc.)
- o Partner and Co-investor meetings / calls and tours
- o On-site and off-site due diligence meetings
- o Continuous improvement of service offering
- o Investor negotiation (side letters, closings)
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
- 1-3 Years’ prior experience in Real Estate or Investment Banking or related field
- Demonstrated expertise with Microsoft Office including Outlook, Excel, PowerPoint and Word
- Demonstrated experience with financial modeling
- Familiarity with financial statements, including income statement, balance sheet, and cash flow statement
- Must be willing to travel up to 15-25% of the time
KNOWLEDGE, SKILLS AND ABILITIES:
- Familiarity with and ability to read, analyze and interpret complex legal documents, such as fund organizational documents and side letters
- Ability to respond clearly and concisely to the most sensitive inquiries in written and verbal format to a wide range of audiences
- Ability to effectively interact with both internal and external parties on complicated topics and sensitive matter
- Ability to calculate, analyze, and explain real estate related return metrics and other variables
- Ability to comprehend and analyze general economic data and statistics
- Ability to define problems, collect data, establish facts and draw valid conclusions
PERFORMANCE METRICS:
- Portfolio and asset level performance
- Support of fundraising efforts
- Consistency and quality of content
- Depth of subject-matter knowledge
WHAT CIM OFFERS:
At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:
• A variety of Medical, dental, and vision benefit plans
• Health Savings Account with a generous employer contribution
• Company paid life and disability insurance
• 401(k) savings plan, with company match
• Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
• Up to 16 hours of volunteer time off
• Up to 16 weeks of Paid Parental Leave
• Ongoing professional development programs
• Wellness program, including monthly and quarterly prizes
• And more!
Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required. At CIM, base pay is one part of the total compensation package. For this role, bonus compensation may be a significant part of the total compensation. The anticipated base salary range for the position in Los Angeles, California is $120,000 - 160,000.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
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