Benefits

Job Description

Acquisitions Analyst – Northern New Jersey

About the Company:

Lamar Companies is a full-service, privately held, real estate investment company headquartered in New Jersey. Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions. Throughout the years the firm has maintained its entrepreneurial roots as a hands-on operating partner with a deep expertise in the retail space, and a unique ability to drive value for its investors.

Job Overview:

The Acquisitions Analyst is responsible for underwriting potential investment opportunities and executing all aspects of due diligence. The role offers candidates unparalleled hands-on learning experience and an opportunity to grow within a highly successful company. The position will be based in Lamar’s suburban New Jersey office but has the potential for a hybrid work arrangement (in office at least three days a week). Compensation will be competitive, including salary and market bonus. Please include a resume to be considered.

Responsibilities:

Develop cash flow projections utilizing Argus and Excel
Analyze and evaluate rent rolls and historical financials of properties being considered for acquisition to determine feasibility and valuation
Recommend business plans for potential investments based on lease-up, rollover, lease credit and term, and capital market conditions
Review and summarize tenant leases and articulate issues/concerns in a clear and effective manner
Perform sensitivity analyses that incorporate various factors including tenant performance, debt financing, deal & partnership terms, etc.
Assist in all aspects of the due diligence process for proposed acquisitions including:
Managing, collecting, and tracking all due diligence materials, financial and lease analysis, review of lease abstracts, determining market rents through independent analysis and networking with local leasing professionals, conducting market research and analysis, performing tenant credit analysis, reviewing environmental, engineering and appraisal reports, verifying historical financial information, conducting on-site diligence including interviews of existing tenants, preparing ad-hoc internal diligence materials, etc.
Communicate with local market professionals to gain additional understanding of the asset and market
Prepare internal and external investment committee presentation packages
Assist in the closing of new acquisitions including pro-rations, loan doc review, closing statements, etc.
Assist with various Asset Management analysis, as needed, including but not limited to scenario running, loan reporting, sale analysis and property reforecasts
Maintain and update transaction databases
Stay current on developments and trends in the economy and real estate industry and incorporate the most up-to-date information into analyses
Attend industry conferences to develop business relationships and hone expertise

Qualifications:

Bachelor’s degree, preferably in real estate, with a major in finance or accounting
An understanding of commercial real estate fundamentals and capital markets
Exceptional quantitative underwriting skills: advanced Excel skills with Argus experience preferred
Proven organizational skills, with attention to detail
Strong interpersonal, verbal, and written communication skills
Motivated, self-starter able to work independently and handle multiple projects at a time
Ability to work within a small team environment

Research/Market Analysis

Acquisitions

Financial Analysis

LC

Lamar Companies

• 1-100 employees

Lamar Companies is a full-service, privately held, real estate investment company headquartered in Fairfield, New Jersey. Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions. Throughout the years the firm has maintained its entrepreneurial roots as a hands-on operating partner with a deep expertise in retail space, and a unique ability to drive value for its investors.

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