At The Menkiti Group, we are dedicated to our mission of transforming lives, careers, and communities through real estate. With a 22-year track record and significant growth ahead, we are seeking talented individuals who want to make a meaningful impact while helping shape the next chapter of our firm. If you are looking to elevate your career and contribute at a high level, we invite you to explore this opportunity with us.
Job Description
We are seeking a highly motivated Associate to work with our development, capital, and asset management teams on analyzing new investment opportunities in addition to supporting the company’s existing assets and development projects. The role will contribute to all aspects of our Obsidian Catalyst Fund (middle market private equity fund), help advance our $2 billion pipeline of under control development projects, and drive value creation initiatives within our portfolio of nearly 1.5 million square feet of owned real estate across the Mid-Atlantic and New England. This is an exciting cross-functional role that will contribute directly to the firm’s continued growth.
Duties & Responsibilities
- Provide financial evaluation, modeling, structuring, and qualitative analysis for new investment opportunities, development projects, and income-producing assets.
- Create complex proformas, waterfalls, and sensitivity analyses to assist the acquisitions, development, and asset management teams.
- Identify and validate key underwriting assumptions.
- Lead due diligence processes, including the review and analysis of market dynamics, historical and competitive performance data, and legal documentation.
- Prepare Investment Committee memos and financing pitch books.
- Assist in identifying, pursuing, and winning new business, both with existing and new relationships.
- Work with the entire Menkiti Group team to continuously improve methods and processes.
- At least 3 years of relevant professional experience in commercial real estate, with demonstrated experience owning workstreams and serving as a day-to-day point of contact on transactions or projects.
- Bachelor’s degree with demonstrated strong academic performance.
- Advanced proficiency with Microsoft Excel and comfort in creating and manipulating proforma financial models. Familiarity with AI tools and interest in leveraging AI to improve underwriting efficiency.
- Exceptional written and verbal communication skills, including the ability to effectively negotiate with third parties.
- Excellent interpersonal and relationship-building skills.
- Ability to deal with ambiguity; can bring structure and focus to complex questions with limited guidance in an entrepreneurial environment.
- Strong process and project management experience, including the ability to pay close attention to detail and meet all deadlines.
- A willingness to work flexible in-person hours in our D.C. office in a collaborative, team-based environment.
Top candidates will be able to maintain structure in a fast-paced environment, possess the flexibility to integrate seamlessly into diverse communication flows, and have the capacity to effectively prioritize. A commitment to quality, composure under pressure, and a positive outlook are paramount.
Top Skills
What We Do
The Menkiti Group is an integrated real estate services company dedicated to enhancing the fabric of life in America’s urban neighborhoods through the strategic development, management, and sale of residential and commercial property. A minority-owned Certified Business Enterprise headquartered in the District of Columbia, The Menkiti Group was founded in 2004 with a mission to transform lives, careers, and communities through real estate.
The Menkiti Group’s approach to urban neighborhood transformation is centered upon full service residential and commercial development, residential sales, and commercial sales. We build and sell high-quality housing and invest in commercial properties along emerging neighborhood corridors. We transform abandoned and underutilized properties into exciting and affordable homes and workspaces. Our projects range from single-family residential renovations and main street storefront restorations to large-scale mixed-use transit-oriented developments. The Menkiti Group has established a reputation for its creative and productive deployment of capital and has cultivated valuable relationships across economic and cultural divides that have historically hindered the development of urban neighborhoods.
The Menkiti Group family of companies also includes Keller Williams Capital Properties, a top three, fast-growing real estate brokerage in the Washington Metropolitan Area, with more than $2.23 billion in 2017 sales, by nearly 1,000 agents across seven offices. In 2017, Keller Williams Capital Properties ranked as a Washington Post Top Workplace, and was ranked in the ICIC Inner City 100 companies list for a notable 8 times.
