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Realty Management Division, US Real Estate – Commercial Real Estate, Vice President
Goldman Sachs
Dallas, TX, United States
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Job Summary & Responsibilities
Goldman Sachs & Co, located in Irving, TX (Dallas), –seeks a Vice President in the U.S. Real Estate group within the Realty Management Division (RMD).
RMD partners with divisions within Goldman Sachs to invest both the firm's own capital and capital raised from outside investors in real estate assets world-wide. The work is deal and asset management-focused and will bring you into contact with a wide range of real estate investing opportunities and product types.
Responsibilities
The Vice President will be responsible sourcing and analyzing investment opportunities office and retail assets, managing the acquisition process from initial bid through closing, including: working with financial analysts that perform “pre-screen” underwriting and deal structuring; performing due diligence and underwriting once investments are under letter of intent.; Work with internal stakeholders and third- party service providers including operating partners, lenders, appraisers, consultants, attorneys to ensure that deals get closed.
Ideal candidate has experience in core-plus investing strategies and knowledge of west coast markets, specifically southern California and surrounding sub-markets.
Once investments are closed,
Responsible for asset managing the investments, which includes leasing strategy, business plan preparation and presentation, developing monthly cash flow projections, monthly and / or quarterly reporting, management and oversight of third party service providers, capital plan oversight, business plan execution, and developing disposition strategy of the assets.
Build and maintain relationships with brokers, operating partners, real estate developers, and other industry contacts.
Formulate and execute real estate investing strategies to maximize value through knowledge of real estate markets and value-add strategies.
Assist in the development and presentation of real estate and other investment summaries with recommendations to investing partners and senior management for approval.
Work closely with operating partners and third parties to collect and evaluate asset and portfolio level financial information.
Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing.
Conduct in depth market and portfolio analyses; understand industry trends and real estate market cycles.
Basic Qualifications
Strong academic background - 4 year finance, real estate, accounting or math background preferred
Minimum eight years of real estate experience with acquisitions, and asset management preferred
Extensive experience in analyzing real estate investment opportunities and business modeling
High-performing, driven professional with proven track record
Solid analytical / logical mindset and attention to detail
Strong written / verbal communication skills (clear, concise, and confident) and able to successfully manage internal / external relationships
Must know MS Office Excel and Argus to an advanced level
Self-starter and self-motivated
Ability to work both autonomously and in a team setting
Able to work under tight time constraints and meet deadlines