Associate, Retail

Overview

Ram Realty Advisors LLC ("Ram") is a real estate investment management firm specializing in multifamily, mixed‑use, and grocery‑anchored retail in high‑growth markets throughout the Southeast. The firm’s portfolio includes core‑plus, value‑add and opportunistic strategies. Founded in 1978, Ram and its predecessor entities have deployed over $5 billion of capital on behalf of institutional partners. The firm is headquartered in Palm Beach Gardens, Florida, with offices in Tampa, Florida;
Charlotte and Chapel Hill, North Carolina; and Nashville, Tennessee.

The Retail Associate will support the senior retail team to source, analyze and execute retail acquisition opportunities throughout the Southeast U.S. Responsibilities include financial underwriting, comparative analysis, support of due diligence and closing, and ongoing implementation of business plans for the company’s retail assets.

• Comprehensive understanding of the valuation of retail properties.
• Pursue best‑in‑class working knowledge of the region/market, including available investment opportunities, asset‑class performance, capital markets, and the competitive environment. The knowledge should be driven by direct contact with actual market participants (tenants, managers, lenders, owners, etc.) in addition to third‑party research reports.
• Identify and pursue acquisition opportunities that coincide with Ram’s objectives. Initiate contact with property owner(s) and/or their representatives, obtain and review all relevant information (operating statements, rent roll, budget and site plans) to assist in underwriting and creation of the business plan.
• Prepare and review cash‑flow projections, market assumptions, debt models and financial structuring to evaluate new opportunities as well as existing Ram assets.
• Prepare quarterly valuations of retail assets. Work directly with Asset Managers and Accounting to generate quarterly fair‑market value and forecasts for specified assets.
• Assist in the coordination of due diligence for the successful acquisition of the property.
• Assist in the preparation and presentation of the acquisition opportunity to Ram’s Investment Committee.
• Work with Ram’s Legal Department and Ram management in closing the transaction.
• Provide support for ad‑hoc requests and special projects as assigned.
• Represent firm at conferences, trade shows and industry events.
• Promote the company throughout the region. Establish active working relationships with local governments, economic development organizations and industry associations. Maintain consistent contact with brokers, consultants, developers, investors and property owners.

• Bachelor’s Degree (Master’s Degree preferred with an emphasis on real estate) from an accredited four‑year college or university.
• Minimum of 3 years of relevant experience in retail‑anchored assets.
• Proficiency with Microsoft Office suite, specifically extensive experience with Excel.
• Proficiency with Argus.
• Prior experience as an analyst involved in real‑estate joint ventures and/or direct acquisitions preferred.

• Relevant real‑estate experience (retail specifically) in acquisitions, valuation and/or real‑estate finance.
• Ability to perform calculations necessary to produce or interpret budgets, discounts, interest, commissions, proportions, percentages, rents per square foot and other basic algebraic functions. Ability to create basic formulas for spreadsheet applications.
• Ability to produce, review, analyze, and describe complex financial projections and related schedules.
• Comprehensive understanding of the valuation of retail assets and land for development.
• Demonstrated ability to work within a team environment across various functions and departments.
• Excellent communication skills, both written and verbal.
• Critical thinker comfortable challenging the status quo and/or conventional wisdom.