POSITION
Associate, Investments

COMPANY
ShopOne Centers REIT, Inc.

LOCATION
New York, NY ; Philadelphia, PA ; or Select Locations

REPORTS TO
Chief Investment Officer

COMPENSATION RANGE  
$75,000-$99,999

OVERVIEW:

ShopOne Centers REIT, Inc. (“ShopOne”) is a leading owner, operator and manager of high-quality shopping centers in the United States. In March of 2022, ShopOne announced the formation of a joint venture with global private markets investment manager Pantheon and a leading global institutional investor to acquire institutional quality shopping centers based in key growth markets across the United States. The venture has a total investment capacity of nearly $1 billion and targets necessity-based and value-oriented grocery-anchored centers. Since its formation in 2022, the joint venture has acquired more than 1 million square feet of new retail shopping centers, with an aggregate value of more than $300mm. ShopOne is seeking a highly motivated and experienced Associate to join its investments team.

Reporting to the Chief Investment Officer, the Associate will serve as a critical member of the investment team and all investment activity. The Associate’s primary role will be the financial and market analysis of new acquisition opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, and may interface with brokers, equity partners, institutional clients, and the Company’s Operations team leadership.

KEY RESPONSIBILITIES:

• Conducts financial analysis of acquisition opportunities, including creating detailed cash flow projections, financial models, and sensitivity analyses for review.
• Gathers, compiles and analyzes market data and prepares narrative investment memoranda, detailed reports, and market summaries that provide insights on proposed projects.
• Assists in preparing financial, market, and other documents required for external stakeholders.
• Oversees the due diligence investigation of properties under contract and prepares documentation on key findings that may affect the return and financial performance of the proposed investment including leases, legal documents, operating information, property condition reports, and other due diligence items.
• Monitors and reports on the status and progress of proposed acquisitions, recommending critical timelines and deadlines for tasks and activities related to the proposed transaction, and identifies and communicates issues or problems that could adversely affect closing.

EXPERIENCE/QUALIFICATIONS:

• Bachelor’s degree in Business, Real Estate, Finance, Accounting, or Economics
• 2-4 years of relevant work experience
• Strong knowledge of commercial real estate with experience in the retail shopping center industry
• Strong technical financial modeling aptitude with in-depth knowledge of common underwriting practices and return metrics.
• Excellence in Microsoft Office with an emphasis on Excel
• Proficiency in Argus Enterprise
• Strong work ethic, self-motivated, and effective time management
• Excellent interpersonal, communication and networking skills necessary to effectively interact with senior management, partners, the national brokerage community and peer institutions
• MSRE, MRED, MBA, or real estate coursework a plus

To apply, please send a resume to Info@ShopOne.com