Primary Purpose of Position:
Analyze and evaluate potential property acquisitions, dispositions, developments, financings, leases, and the credit worthiness of tenants under consideration for lease transactions.
Essential Functions:
Value commercial real estate using discounted cash flow analysis and other appropriate methods to assist management in making investment decisions.
Construct financial models in Argus Enterprise and Excel to analyze investment issues, opportunities, and strategies.
Identify and analyze financial issues that need to be addressed and provide recommendations for improvements, solutions, and investment decisions. Clearly communicate findings (verbally and in writing) for decision support.
Perform comparative lease analyses.
Assess the credit worthiness of current and prospective tenants.
Collaborate with and support other members of the Finance & Capital Markets team on acquisitions, dispositions, financings, and investor reporting for joint ventures:
Prepare and analyze property pro-forma cash flows
Produce (for dispositions) and evaluate (for acquisitions) property offering memoranda
Prepare requests-for-proposals for the solicitation of permanent and construction financing
Review various legal documents including purchase and sale agreements, loan agreements, leases, joint venture agreements, etc.
Actively participate in due diligence processes
Serve as a contact and a resource for lenders, joint venture partners, sellers, brokers, buyers and BXP management regarding financial inquiries
Analyze and evaluate the actual performance of assets relative to budgeted performance.
Prepare other financial analyses and directed research as requested.
Perform other duties and special projects as assigned.
Requirements and Qualifications:
BS/BA degree required; Accounting or Finance degree is preferred.
0 to 4 years of related work experience in financial analysis with a working knowledge of the commercial real estate industry.
Work experience in investment management, investment sales/capital markets, or at a Real Estate Investment Trust (or similar entity) preferred.
Knowledge of Microsoft Office Applications is required, and knowledge of Argus Enterprise is preferred.
Excellent analytical and interpersonal skills.
Results-oriented approach to problem solving with the ability to produce quality work in a consistent manner.
Self-motivated with the ability to work independently and as a productive member of a team.
Ability to organize and coordinate work efficiently and meet deadlines in a dynamic work environment.
Ability to prioritize and handle multiple tasks simultaneously.
Ability to interact with co-workers, brokers, tenants and/or vendors in an articulate, courteous, and business-like manner.
Willingness to learn, demonstrate, and apply better methods of analyzing real estate transactions.
Physical Requirements:
Involves work of a general office nature usually performed sitting such as the operation of a computer.
Involves work of a general office nature usually performed standing such as the operation of a printer.
Involves movement between departments to facilitate workflow.
Internal and External Contacts:
This position interacts regularly with various BXP employees in different levels of the Company.
Reporting Structure:
This position reports to the SVP, Finance who provides supervision, guidance, and evaluation of work performance on a periodic basis.
Salary Range:
$101,700 - $132,000. BXP offers a competitive total rewards package including base salary and annual discretionary bonus. The range represents expected base salary; compensation will be determined based on role, skills, experience, qualifications, location, and other job-related factors. Our comprehensive benefits include medical and dental coverage, a retirement savings plan with competitive company match, backup childcare, educational assistance, employee support programs, a generous commuter transit subsidy and more.
BXP is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
What We Do
At BXP (NYSE: BXP), our people are our most important asset, and our people are passionate about great space and place. This group of more than 750 individuals brings talent, energy, and experience to the task of identifying and capitalizing on real estate opportunities, and lead the industry in every facet of our operations. Our quality workplace ensures that employees have the opportunity to make their maximum contribution to BXP and to their own career goals. As the largest publicly traded developer, owner, and manager of premier workplaces in the U.S., we have the financial strength, industry relationships, and focus on responsible and sustainable business practices, to be leaders in our six markets – Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. The Company is a fully integrated real estate company, organized as a real estate investment trust (REIT), and is well known for our in-house building management expertise and responsiveness to client needs. We offer employees a full range and choice of benefits that support you through every stage of life. Our comprehensive and competitive benefit program offerings include: • Health, dental and vision insurance • Generous paid time off • Retirement Savings Plan with company match • Employee Stock Purchase Program • Commuter Benefit Program • Tuition Reimbursement • Wellness Programs
