MLG Capital is seeking an Investment Senior Associate to join its growing Acquisitions Team in Brookfield, WI. This individual will help identify, underwrite, and close multifamily, industrial/flex, and retail real estate investments across various markets and property types through our joint venture platform. This individual will also help perform financial analysis and market research necessary to value MLG’s existing real estate assets.
The Investment Senior Associate will have the opportunity to present to investment committee members, communicate with owners and sponsor partners regarding potential and ongoing opportunities, analyze financial statements and rent rolls, compile sales and rent comparables, perform general market research, and assist in the operations of the existing portfolio.
About MLG Capital: 35+ year old real estate investment firm headquartered in Brookfield, WI. MLG is acquiring on behalf of both its series of closed-end funds (currently Fund VI, $400M fully discretionary equity fund) and the Legacy Fund (MLG’s proprietary tax deferred fund). MLG targets roughly 80% multifamily, 10-15% industrial/flex, and 5-10% retail and has acquired $1B, $1.2B, and $1B in 2021, 2022, and 2023, respectively.
Qualifications:
- 2 – 4 years of real estate experience (candidates with less will be considered and title will be commensurate with experience)
- Strong mathematical and financial analysis skills
- Strong communication and business writing skills
- Self-motivated and strong desire to succeed
- Excellent attention to detail
- High proficiency in Excel
- Argus experience (preferred)
- Familiarity with Axiometrics, CoStar, Salesforce
- Strong knowledge of real estate finance and capital markets
- Passionate, professional, and personable
- Ability to work successfully both as part of a team and independently
- Ability to adapt and work well under pressure
- Ability to balance multiple tasks and complete them in a timely manner
Core Duties and Responsibilities:
- Underwriting real estate opportunities
- Performing financial analyses and summarizing findings
- Analyzing locations and physical real estate for potential acquisition
- Communicating with brokers and owners regarding potential and ongoing opportunities
- Creating discounted cash flow analyses and other various models
- Presenting potential new acquisitions to investment committee members
- Conducting and preparing market research
- Preparing real estate investment offerings and various marketing materials
- Updating reports and assisting in various company-wide projects
- Inspecting and performing due diligence on potential real estate investments
- Aiding with the valuation of currently owned real estate investments
- Sourcing new sponsor relationships
Reporting Relationship:
- The Investment Analyst will report to senior members of the team and participate in weekly underwriting and investment decision meetings.
Education Requirements:
- Candidates are required to have a Bachelor’s or Master’s degree in Accounting, Finance, Real Estate, or similar majors. Ideal candidates will have graduated with a GPA above 3.5.
Experience Requirements:
- Ideal candidates will possess 2-4 years of real estate experience. Those with less experience will be considered and title will be commensurate with experience.
Physical Requirements:
- Ability to operate office machinery; including but not limited to: telephone, computer, copy machine, fax machine, printer, and mobile phone. Ability to sit for extended periods (up to 4 hours) and use a computer for up to 8 hours per day. Ability to lift up to 10 pounds on an occasional basis.
Working Conditions:
- Open office workstation environment; Quiet to moderate noise levels
Start Date Immediately (Preferred)
Job Type Full-time
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.
In compliance with the Americans with Disabilities Act, a “reasonable accommodation” will be made for an individual with a known physical or mental limitation unless it would require an action of significant difficulty causing undue hardship.
This document covers the most significant duties performed but does not exclude other occasional work assignments not mentioned.