Associate – Investments - Retail & Office

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Business - Real Estate

Brookfield Real Estate Group is one of Brookfield’s primary operating groups. The Real Estate Group is one of the world's largest investors in real estate, with a global portfolio that includes office, retail, multifamily, logistics, hospitality and alternative real estate assets on five continents. The Group owns and operates approximately $268 billion of assets representing the most iconic properties in the world’s most dynamic markets. We seek to generate value by leveraging our operating expertise and focusing on our core real estate capabilities of leasing, financing, development, design and construction as well as property and facilities management. For more information, visit https://www.brookfield.com/our-businesses/real-estate.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

This role combines investment and strategic portfolio management responsibilities in the oversight of a $100 billion, 250+ asset premier North American office and retail portfolio. Brookfield’s retail and office investments comprise two flagship businesses with a wide diversity of strategies, ranging from core to opportunistic across Brookfield’s balance sheet, opportunistic, open-end and other funds. The Portfolio Management team manages the captive capital in this $100BN business and is led by the Head of North American Office & Retail Portfolio Management. The role reports into a Vice President, Investments and the team is comprised entirely of investments trained professionals.

The Associate will support investment and capital decision making, as well as portfolio level strategy across multiple retail, office, and entertainment investments, collaborating with operating company leadership as well as investment, capital markets and finance teams. The Portfolio Management team is specifically responsible for capital allocation decisions, investment analysis, capital structure, buy/sell decisions, M&A/strategic analysis, liquidity analysis, investor relations and business plan oversight. In addition to the retail and office businesses, the Associate will support strategic decision making for two recently acquired entertainment assets. The workflow will range from corporate, to investment to strategic property level work, providing a range of experience and robust skillset development.

Position Summary

Investment

• Apply investment discipline to complex situations and transactions

• Support capital allocation and financing decisions across the retail and office platforms, ensuring alignment with broader strategic and financial objectives (ie investment underwriting, disposition, partner buy-out, recapitalizations, refinancing, corporate and investment liquidity, strategic alternatives & M&A)

• Work with portfolio company leadership to execute the business plan, spanning financial and operational oversight (opportunity to manage teams and resources, direct workstreams)

• Collaborate across teams to develop and present various analyses to senior management

Analytical

• Build and maintain highly functional and detailed investment models to support decision-making

• Prepare well-formatted, concise, and professional written materials that clearly communicate results and conclusions

• Conduct complex scenario analyses at the corporate / portfolio level

• Develop customized analyses for investors that inform investment decisions as well as strategic portfolio positioning

• Review and challenge portfolio company team investment proposals and underwriting, providing suggestions for improvement where applicable

Communication

• Distill complex information into clear, concise insights for memos and presentations

• Present and explain complicated concepts and analysis to senior leaders

• Actively contribute in meetings and discussions with senior management

Interpersonal

• Serve as a collaborative team player who fosters strong working relationships across functions

• Identify and leverage internal resources effectively

• Represent Brookfield professionally in external interactions with brokers, investors, and other third-parties

Qualifications & Requirements

• Bachelor’s degree in business, finance, accounting or related field

• 2+ years of professional experience

• 2+ years of real estate experience in portfolio management, acquisitions, investment sales, and / or asset management preferred; however, consideration will be given to experience in one or more of the following industries: commercial real estate, investment banking, real estate lending, or similar

• Exceptional analytical, financial modeling, and valuation skills

• Strong understanding of markets, pricing, and valuation dynamics

• “Thinks like an owner” – focused on creating value while minimizing risk

• Excellent critical thinking and problem-solving skills

• Shares informed views and recommendations with confidence

• Attention to detail and ability to learn quickly

• Reliable, diligent, and hard-working

• Frequent domestic travel required

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.