Analyst or Associate

Role: Analyst or /Associate

Company Overview

Basis Industrial is a vertically integrated real estate owner and operator formed by industry veterans and sponsors Jay Massirman, Stephen Garchik and Daniel Weinstein. Basis brought Anthony Scavo on as C.O.O. and partner to run day to day activities of the company. It has deep roots in the self-storage and industrial sectors. Basis currently owns over 2 million square feet of self-storage and industrial real estate and is scheduled to close another 1 million square feet in 2022. Active markets for Basis include South Florida, Pennsylvania, Massachusetts New Jersey, New York, Boston, Los Angeles and select urban markets nationwide. In total, the sponsors have developed and managed over 13.5 million square feet of real estate assets including self-storage, industrial, retail, office and residential. This platform is a rapidly growing development, acquisition, and management company. BaySpace is the property management arm of Basis. For more information, visit www.basisindustrial.com and/or www.bayspace.com

Monday- Thursday in office in Boca Raton /Friday Remote

Responsibilities:The Analyst/Associate will focus primarily on analyzing new tenant lease opportunities, supporting the investments and capital markets teams with the due diligence and closing of new investment and financing transactions, working with the asset management and corporate finance teams with portfolio forecasting, and underwriting new investments and dispositions.· Research real estate markets and competitive properties and provide asset performance projections based on market conditions· Develop and maintain the corporate financial model for new acquisitions· Support company quarterly portfolio forecasting and budgeting efforts· Provide analytical assistance to support leasing and capital expenditure decisions· Prepare underwriting for new lease opportunities and comparing to budget projections· Assist with various analyses, including working with the senior management team on special projects· Perform detailed financial analysis of new investment opportunities· Produce investment memorandums for new acquisitions and present to committee· Oversee the due diligence process and closing of new investments and dispositions· Provide analysis to support asset hold/sell recommendations· Update Argus files and valuations for properties in the existing portfolio on an on-going basis.· Conduct ongoing analyses to support decision making related to the business plan of the investment (leasing, capital projects, financing, disposition, etc.)· Communicate regularly and effectively with property management teams and review monthly· property reports submitted for each asset· Respond to requests from the investment committee, investors, brokers, lenders and the buyer or seller· Modify and update a proprietary discounted cash flow valuation model based on various scenarios and sensitivities.

Qualifications: · Bachelor’s degree in economics, finance, accounting, and or related area preferred· 1-4 years of relevant experience, including: banking, real estate, finance, or asset management· Strong quantitative and technical/computer skills (including proficiency in Microsoft Excel, PowerPoint and Argus Enterprise)· Strong analytical thinking and problem solving abilities· Exceptional written, communication, and organizational skills· Light travel and access to a car is necessary.