Associate, Investments - Real Estate Credit

Location

Brookfield Place New York - 225 Liberty Street, 8th 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

Brookfield Asset Management is seeking an Associate to join its Real Estate Credit platform. The individual will work in Brookfield’s real estate credit investment platform, Brookfield Real Estate Credit (“BREC”), and will be responsible for supporting the investment teams in a variety of investment types across the capital stack, including secured real estate debt investment opportunities and other strategic projects or investments across property types and investment vehicles.

This role sits within a high-performing, entrepreneurial team that operates across Brookfield’s broader credit strategies, including infrastructure, corporate, and real estate credit. The Associate will support the origination, underwriting, execution, and management of real estate credit investments across Brookfield’s various capital buckets and managed accounts. This is a hands-on, execution-focused role suited to a motivated investment professional with strong analytical capabilities, a collaborative mindset, and a demonstrated interest in credit investing.

Key Responsibilities

• Assist deal teams with the origination, underwriting, syndication, and end-to-end execution
• Evaluate and analyze potential new investments
• Create detailed and complex financial underwriting models for the financing of real estate investments
• Develop thorough understanding of a deal’s capital structure, business plan, and key risks to performance through discussions with sponsors, market participants investment professionals
• Understand physical characteristics of properties, and the related competitive advantages and disadvantages
• Perform asset-level and market-level due diligence
• Critically evaluate existing and potential operating characteristics of a project
• Identify a project’s demand drivers, gather market information through independent fieldwork and direct contact with brokers, appraisers and developers. Synthesize information and draw a conclusion on future market rent, absorption, vacancy and liquidity in the investment market
• Communicate conclusions into a comprehensive narrative to be presented to senior management for consideration and approval. Participate in underwriting and Investment Committee discussions
• Participate in and provide support for the ongoing asset management of each investment.

Candidate Profile

• The individual will directly interact with colleagues throughout the organization and therefore should be analytical, detail-oriented, articulate, and organized. The candidate must display initiative, good judgment in managing multiple tasks and strong problem-solving skills. The ability to think strategically and to present information in a clear and concise manner is critical. Other qualifications include:
• Approximately 3-5 years of relevant work experience. Previous experience in real estate (investment banking, private equity, development, institutional sales, etc.) strongly preferred.
• Excellent financial modeling skills including a high degree of proficiency with Excel; Argus experience is a plus.
• Creativity, impeccable integrity, and trustworthiness.
• Proactive, self-directed, and detail-oriented, with a strong sense of ownership and accountability, as well as a demonstrated ability to learn quickly.
• Team-oriented with a willingness to learn and contribute across a range of investment activities and a proven ability to manage multiple priorities in a fast-paced, dynamic environment.
• Bachelor’s degree in quantitative fields such as finance, accounting, mathematics, economics, etc. from a top university.
• Strong communication and presentation skills; capable of influencing senior stakeholders.
• Cultural fit is paramount! Self-motivated and entrepreneurial, Brookfield values intellectual curiosity, humility, a long-term orientation, and commitment to building the business.

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

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.