Associate​/Sr. Associate, Portfolio Management

Description

Griffin Capital Company is a leading full-service real estate investment management firm with a 30-year track record of leadership, innovation, and disciplined execution. Since its founding in 1995, the firm has owned, managed, sponsored, or co-sponsored approximately $24.5 billion in assets across a wide range of real estate sectors and investment vehicle structures. Griffin Capital remains committed to creating value through thematic investment strategies and delivering thoughtfully developed housing solutions that benefit both communities and capital partners.

Griffin Capital’s investment team is exclusively focused on the rental housing segment of the market, with strategies targeting multifamily, build-to-rent (“BTR”), and student housing investments. The firm’s rental housing portfolio includes 41 institutional-quality communities, comprising over 13,667 rental housing units and 693 student housing beds, representing a total project value exceeding $4.4 billion.

The Associate/Sr. Associate, Portfolio Management supports all efforts of the Real Estate department in managing risk across the various investment vehicles, developing investment strategies, constructing the various portfolios, monitoring ongoing asset-level and portfolio-level performance, investor and Executive Management reporting, and execution of the business plan for each asset as it relates to financing, recapitalization, and disposition. The position will also monitor existing assets both during construction and operationally, performing financial and trend analyses, conducting market research, and preparing key reports for both internal and external users.

This role may be filled at the Associate or Senior Associate level depending on the candidate’s experience, demonstrated analytical capability, and ability to independently frame and communicate insights. Senior Associate roles carry increased expectations for analytical ownership, judgment, and initiative, as reflected in the responsibilities and qualifications outlined below. Title, responsibilities, and compensation will be aligned accordingly.

• Assist in the preparation and/or review of quarterly Investor Reports and preparation of weekly, monthly, and quarterly Asset and Portfolio Management reports.
• Assist in the financing, hedging, recapitalization, and disposition of assets in the portfolio. Where applicable, assist in the buyout of joint venture development partners. Assist in the preparation of Investment Committee Memorandum and other meeting materials for the same.
• Assist in the quarterly reforecasts, quarterly valuations and monthly operational updates and prepare meeting materials for the same.
• Prepare marketing materials for current investment offerings, sales presentations, and industry conferences.
• Work with Asset Management to perform cash flow modeling and update/reforecast pro forma models.
• Assist in the preparation of cash management models to ensure adequate cash reserves and suggest distribution amounts across all investment vehicles.
• Assist in the compilation of data and metrics required by the Sales Team as well as prepare monthly memo and participate in recurring sales calls.
• Coordinate with other departments and respond to any questions for property-level, market and submarket data and metrics to report to investors, lenders, partners, or others.
• Track key economic data as well as multifamily fundamentals at the national, market, and submarket level.
• Deepen relationships with development partners, lenders, investment sales brokers, mortgage brokers, and others involved in the multifamily industry.
• Review loan documents, and complete loan abstracts, for loan management and compliance purposes.
• Participate in weekly and monthly meetings related to ongoing construction progress and leasing/operational activity and assist in formulating key operational strategies for operational assets.
• Travel to respective markets to monitor construction, tour portfolio properties, monitor comp performance, and meet with key market participants such as Investment Sales brokers, Property Managers,…