Job Description
Sterling Organization is a vertically integrated private equity real estate firm whose national platform is focused on investing in retail and distribution real estate assets across the risk spectrum in major markets within the United States. Sterling Organization, with offices across the nation, is headquartered in West Palm Beach, FL. We encourage interested candidates to explore our website -
www.sterlingorganization.com - to learn more about Sterling and its investment strategies.
Sterling Organization is currently seeking Analysts that will work on the firm’s retail funds and will be based at its corporate headquarters located in West Palm Beach, FL. This position will focus on (i) the forecasting, analysis, and operational strategy of Sterling’s commercial retail real estate assets throughout the United States as well as its private equity fund investments and (ii) evaluating and underwriting potential acquisitions for Sterling’s value-add retail, grocery-anchored retail funds and programmatic joint-venture that acquires core power centers.
Over their first 2 – 4 years, Analysts will gain significant exposure to valuation and strategic management of various types of retail real estate assets (i.e. high street retail, grocery anchored shopping centers, power centers, mixed-use properties and more) throughout the United States, with high-potential employees having the ability to ascend to leadership roles within the organization.
RESPONSIBILITIES:
• Prepare ARGUS cash flow models and cash flow forecasts with IRR, equity multiple, cash on cash, and additional metrics.
• Develop an in-depth understanding of retail leases; analyze the same with regards to tenant control rights, expense reimbursements, percentage rent obligations, co-tenancy impacts, etc.
• Work closely with key company personnel across various internal groups to assist with acquisitions, financing, refinancing, leasing and redevelopment projects.
• Analyze property performance in relation to budgets, re-forecast projections based on actual events and create pro forma projections based on potential opportunities.
• Project acquisition performance and produce both quantitative and qualitative reports that help investors understand financial risks and key return metrics.
• Perform ad-hoc reports and special projects as needed.
REQUIREMENTS:
• College graduate with strong record of academic achievement and knowledge of commercial real estate (0-3 years of work experience).
• Candidate should be highly proficient in Microsoft Excel/Word and experienced with other standard business software (ARGUS knowledge is preferred but not required).
• Candidate should be highly organized, have exceptional written and oral communication skills and should be able to take on multiple projects simultaneously in a fast-paced environment.
COMPENSATION: Compensation commensurate with experience. Full benefits including health and dental insurance, 401K match and annual performance bonus.
LOCATION: Sterling Corporate Headquarters - West Palm Beach, Florida
Sterling Organization is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, ethnicity, age, disability, veteran status, marital status, or any other characteristic protected by law.