Acquisition Analyst

COMPANY OVERVIEW

Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities, that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore has a dynamic track record of real estate investing going back to its founding in 2000. We focus on well-located industrial properties in the Western United States. We are a vertically integrated company with expertise in all facets of real estate investment management: acquisitions, finance, asset management, leasing, construction and building operations.

To better support our finance team and the anticipated doubling of our portfolio over the next few years, Westcore is looking for a senior and junior level experienced Acquisition Analyst.

POSITION SUMMARY

This position will focus on aspects related to real estate industrial acquisitions. This includes providing financial underwriting, reviewing due diligence material, and preparing investment committee material to the company. A candidate will have a strong analytical and quantitative background as well as polished written and verbal communication skills with a desire to grow and learn in real estate acquisitions.

CORE ROLES & RESPONSIBILITIES:

• Provide financial underwriting for new acquisitions by building cash flow models in Argus, analyzing investment returns in Excel, and evaluating the financial impact of various investment scenarios.
• Prepare investment summaries, recommendations, and presentations for senior management and investment committee
• Perform various due diligence responsibilities which include reviewing lease documents to verify accuracy of Argus models, collaborating with departments to determine operating and capital plan, comparing historical financials and tenant reimbursements to projected cash flow, and conducting market research to support investment assumptions
• Prepare and coordinate with escrow the estimated closing statement of a property in acquisition meeting all internal deadlines of approval.

PRIMARY DUTIES: (The below list is not comprehensive, and priorities will change on a day to day basis)

• Respond to any request from capital partners as it relates to the financial underwriting of a deal in pursuit
• Provide debt analysis and prepare financing packages for debt placement
• Abstract loan agreements and prepare company debt summary
• Prepare internal property summary reports to assist in the transition of a new acquisition into asset management
• Provide market research reports including sale and lease comps for existing properties to operations team
• Assist in the disposition of properties by providing updated argus models, rent rolls, and financials to brokers.

DESIRED SKILLS AND EXPERIENCE:

• BA/BS degree in Finance, Real Estate, Economics, Math, or related field
• Graduate degree, CFA, or CPA a plus
• 2+ years of commercial real estate, investment management, or financial analysis experience.

MISSION

Utilize our expertise and experience to recognize market inefficiencies, quickly deploy capital and talent to act on opportunities, deliver superior outcomes to stakeholders, and strive for excellence in everything we do.

CORE VALUES

Westcore values its employees and works to create an environment where professional and personal growth can be achieved. We look for motivated individuals who share our commitment to excellence. Our employees are supported by an environment where mentoring is encouraged, and where tools and resources to succeed are readily available. Our company lives by its values, treating each other with respect and consideration at all times.

• Integrity: We behave ethically, honestly and respectfully.
• Excellence: We execute brilliantly. We are accountable for our performance and deliver high quality results.
• Teamwork: We are a group of people with diverse talents working to produce positive synergistic results.
• Balance: We work hard while embracing our commitment to family, friends and community.
• Commitment: We foster a culture of service, responsiveness, accountability, and professionalism.

Compensation: 75K-85K DOE + 5% Bonus Eligibility. Competitive Healthcare Coverage, Multilayered Vacation, & 401K offerings.