Careers

Position

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Privately-held real estate investment firm, headquartered in Rosemont, IL, seeks a full-time Investment Analyst to join our expanding team in our Houston, TX office. This is an exciting opportunity to work in the real estate industry for one of the top 20 global industrial real estate owners: Since 2010 our firm has acquired over $5 billion in industrial real estate. Our current portfolio spans 27 states and encompasses nearly 46 million square feet, and our organization demonstrates a proven track record as well as an entrepreneurial spirit and vision for the future.

The Investment Analyst role supports the real estate investment function of a privately-held industrial real estate investment firm which acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. The Investment Analyst will assist in the discovery, underwriting and organization of various pending property acquisitions in the Texas, Mountain West, and West Coast regions of the firm.

Responsibilities

  • Assist in the underwriting of new acquisitions and dispositions including ARGUS and Excel modeling
  • Assist in the creation of Investment Memorandums for new acquisitions:
    • Work with deal team on creation of new Investment Memorandums
    • Gather market intel and comp support for new acquisitions
    • Assist in tenant credit analysis
  • Organize acquisition, disposition and war room folders
  • Update pipeline for new acquisitions and dispositions:
    • Reach out to Market Officers for new pipeline information
    • Update and distribute Excel spreadsheet for bi-weekly pipeline call
  • Review property financials and other property related documents to verify the accuracy of the information being reported by the seller or broker package
    • Review operating statements to confirm correct expense information is inputted into ARGUS models
    • Review leases to confirm correct terms are inputted into ARGUS models
    • Research property taxes and compare to underwriting
  • Assist with the closing process for both acquisitions and sales
  • Assist with leasing negotiations and analysis as well as market research and analysis
  • Interact with brokers at events, property tours, and market tours
  • General assistance with other areas of the Investments team as needed

Qualifications

  • The ideal candidate will have a minimum of 1-3 years’ experience, including the qualifications noted below
  • Bachelor’s degree required; BS degree with concentration in finance and/or real estate highly preferred
  • Master’s degree in real estate, business administration, or related field, a plus but not required

Compensation/Benefits: We are an organization focused on the wellbeing and growth of our employees. We place importance on a great work-life balance. Our comprehensive benefits offerings include highly competitive compensation (with annual bonus), full medical benefits, Safe Harbor 401(k) plan with employer match, paid maternity/paternity leave, and a hybrid work schedule.

Private real estate investment firm headquartered in Rosemont, IL seeks a Property Administrator to join our team in our Rosemont office. This is an exciting opportunity to work in the real estate industry for one of the top 20 global industrial real estate owners: Since 2010 we have acquired over $4 billion in industrial real estate. Our current portfolio spans 30 states and encompasses 45 million square feet with 10 offices nationwide and our organization demonstrates a proven track record as well as an entrepreneurial spirit and vision for the future.

Under the general supervision of the Midwest Region’s Managing Principal (MP) and day-to-day direction of the Property Managers, the Property Administrator (PA) will collaborate with the operations, accounting and leasing teams to help manage a portfolio of assets located in the Midwest Region. The PA will be responsive to customer, investor, and lender needs while completing multiple administrative tasks daily. The position will be fast-paced, requiring the PA to handle time-sensitive and/or confidential issues.

Responsibilities

  • Upon lease execution, enter new lease terms in MRI. Complete a move-in checklist, prepare welcome books with the property manager, and assist with customer onboarding.
  • Coordinate annual customer surveys by assisting in the preparation of the survey, delivery of surveys to customers, follow-up on customers’ completion of the survey, and tracking/disseminating results.
  • Arrange for utility transfers upon acquisition and/or disposition of an asset; also, arrange for transfers upon customer move out or move in.
  • Contact existing customers and vendors to obtain current insurance coverage, any on-going required maintenance contracts, and emergency contact lists.
  • Assist property managers in inputting estimated monthly operating expenses into MRI.
  • Assemble accounts receivable reports, general ledgers, rent rolls, and aging reports for property managers’ review.
  • Review expense coding prior to property managers’ approval. Review vendor monthly statements and request outstanding invoices for processing.
  • Assist property managers and maintenance technicians with coordination of customer repair requests.
  • Assist with customer relation activities (email blasts, events, gifts, surveys, etc.).
  • Complete expense reports for property managers in Avid and collaborate with the Accounting department for processing and approval.
  • Assist property managers with vendor contract preparation and manage/organize the completed documents.
  • Collaborate with property managers to process lender funding packages for capital projects, tenant improvements, commissions, etc.
  • Collaborate with operations team on property tax appeal documentation and other administrative tasks related to property tax appeals.
  • Assist property managers on CAM reconciliations, annual budgets, billing adjustments, and any other necessary schedules.
  • All other administrative duties as assigned by the supervisor.

Qualifications

  • Requires three years’ experience in Administration or related field and/or training.
  • Ability to carry out specific oral and written instructions.
  • Meticulous attention to detail and accuracy.
  • Execute responsibilities with a sense of urgency and follow-through.
  • Ability to collaborate with operations, accounting and leasing team members to complete various projects and assignments.
  • Excellent customer service and interpersonal skills. Proven ability to communicate via email with customers, vendors, and internal team members.
  • Ability to use computer software and web-based applications.
  • Demonstrated ability to manage multiple projects and tasks daily with efficiency and accuracy.
  • Ability to organize and prioritize work assignments to meet deadlines.
  • Good record keeping of property improvement projects to assist property manager in scheduling and payment processing.
  • Proficient knowledge of the Microsoft Office Suite (e.g., Word, Excel, PowerPoint, Outlook).
  • Positive, proactive work ethic and approach.
  • College degree preferred.
  • Property administrative and/or property management experience preferred.
  • Experience with lender draws preferred.
  • Experience with Avid and/or MRI preferred.

The Development Associate role (DA) supports the real estate development function of a privately held industrial real estate investment firm which acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. The DA is responsible for assistance with oversight of all aspects of the firm’s industrial real estate development life cycle, including the review of existing and pursued development projects. The DA helps manage all phases of development projects from inception through completion and aligned with our firm’s high standard of excellence. This includes overall design, planning, scope development, permitting, contract negotiations, budgeting, scheduling, coordination with contractors and sub-contractors, and partnering with internal and external stakeholders throughout the duration of each project.

Responsibilities

  • Help with the planning of all project phases, assessing project team needs, and establishing milestone dates and execution timelines
  • Assist in establishing project budgets, including hard costs and soft costs, and managing those costs through completion
  • Collaborate with architects, engineers, and consultants on the design and permitting process
  • Prepare Request for Proposals, bid documents, bid analyses, and award letters for general contractors
  • Assist in the contract negotiations with general contractors, consultants, vendors, and suppliers
  • Coordinate and lead jobsite meetings with the design team, general contractor, and other internal and external stakeholders
  • Monitor and review requests for information, change order requests, and the submittal processes
  • Help manage all project contractual and financial obligations; collaborate with Development Accountant on monthly invoices and the construction loan draw processes
  • Fulfill all project-related reporting requirements, including monthly reports with updates on budget and schedule
  • Manage and execute punch list processes to ensure timely completion of any needed corrective work
  • Manage project closeout activities, including acceptance and completion of projects, and ensure final payments are secured
  • Manage project closeout activities with internal parties to ensure completion of all required items
  • Organize and maintain project documentation for various construction projects and prospective development opportunities
  • Monitor progress of multiple construction projects, quality of construction, and timelines, including tenant build-out projects
  • Develop, monitor, maintain, and enforce project schedules, and develop remediation plans if needed
  • Overnight travel as needed to job sites across the country; expected travel time is 25% or less
  • Any other duties as assigned and as time allows

Qualifications

  • The ideal candidate will have a minimum of ten (10) years of experience, including the qualifications noted below
  • Bachelor’s degree required; BS degree with a concentration in construction management or civil engineering highly preferred
  • Master’s degree in real estate development, business administration, or related field a plus
  • Progressively responsible experience with an industrial/commercial real estate developer, general contractor, construction management, architecture firm, civil engineering firm, or closely related company
  • Highly organized, with a strong ability to concurrently manage multiple projects at different stages of development
  • Ability to evaluate and interpret design and construction documents, contracts, budgets, and schedules
  • Demonstrated experience with MS Office applications (especially Excel, Microsoft Project, PowerPoint, and Word)
  • Exceptional interpersonal and communicative skills, balancing assertiveness with professionalism and diplomacy
  • Good business sense, with effective negotiation skills
  • Solid organizational skills, both quantitative and qualitative analytical skills, including the ability to prioritize and multitask
  • Exceptional attention to detail, and the ability to meet deadlines
  • Ability to remain flexible and thrive in a continually changing environment, with proven problem-solving skills
  • Literacy with web-based project management, budget management applications, and savviness to learn new applications
  • Ability to travel, including overnight travel (<25%). Candidate must have a valid driver’s license and a good driving record.

Private real estate investment firm headquartered in Rosemont, IL seeks a Senior Property Accountant to join our expanding team in our Rosemont, IL office. This is an exciting opportunity to work in the real estate industry for one of the top 20 global industrial real estate owners: Since 2010 we have acquired over $5 billion in industrial real estate. Our current portfolio spans 27 states and encompasses 46 million square feet with 10 offices nationwide and our organization demonstrates a proven track record as well as an entrepreneurial spirit and vision for the future.

Responsibilities

  • Prepare monthly and quarterly financial reporting packages for external distribution to investors and joint venture partners
  • Complete month end property accounting close including:
    • Recording necessary journal entries to ensure accurate financial results
    • Updating monthly workpaper supporting each balance sheet account
    • Calculating and recording of all accruals
    • Reviewing income statement activity
    • Preparing depreciation/amortization schedules
  • Provide support to development accounting team: prepare and maintain all construction cost reports, lender and equity draw requests, associated documents and schedules, and entering construction and development accounts payable invoices
  • Review bank reconciliations prepared by Accounts Receivable team to ensure proper balance sheet reporting and provide support for tenant receivables issues
  • Support Accounts Payable team on an exception basis to provide clarity on invoice, coding, timing, etc.
  • Coordinate with Operations team to ensure accurate preparation of Executive Summary and variance report
  • Review rent roll information, tenant charges and receivables ensuring proper recording of revenue against tenant leases and leases abstracts
  • Prepare annual escalation and settlement reconciliations for CAM, RET and any other applicable charges and support Operations with tenant review
  • Support property acquisition and disposition process through recording of opening and closing entries and creating related MRI entities and GL accounts
  • Support yearly tax preparation process
  • Assist with annual budget process including:
    • Tracking of budget tasks being completed by various departments
    • Reviewing revenue, TI and LC against leasing assumptions for reasonableness
    • Inputting various line items including debt service, depreciation/ amortization
    • Completing cash flow analysis
  • Support annual audits (where applicable)
  • Meet all accounting deadlines
  • Additional responsibilities as assigned

Qualifications

  • Bachelor’s degree in Accounting or equivalent experience/education
  • 5+ years of previous property accounting experience
  • Prior real estate experience required
  • CPA a plus
  • Excellent oral and written communication skills
  • Exceptionally strong qualitative and analytical skills
  • Must be a self-starter and have a strong desire to learn
  • Prior employment history that demonstrates resourcefulness and the ability to produce accurate work in a detailed, timely and organized manner
  • Highly proficient in Microsoft based software
  • Solid organizational skills with the ability to work efficiently and independently
  • Experience with accounting systems required. Experience with MRI highly desirable.

General Career Inquiries

MARY BETH TOPA, DIRECTOR OF HUMAN RESOURCES

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