Ares Management
Associate, U.S. Real Estate Equity
Los Angeles, CA - Century City
Sponsorship not specified$155k-$175kDetected 28 days ago
NegotiationExcelCommunicationMentoringMicrosoft OfficeUnderwriting
About the role
- This position will be a key member of Ares' real estate private equity team.
- The Associate will be primarily responsible for underwriting and financially analyzing each opportunity, as well as performing property and market due diligence and playing an active role in the asset management and sale of the Fund's investments.
Responsibilities
- Develop thorough understanding of a deal's capital structure and business plan and key risks to performance through discussions with sponsors, market participants and investment professionals.
- Participate in and provide support for the ongoing asset management of each investment, including financing and refinancing, major asset-level decisions, and the eventual sale of each property.
Requirements
- Required Knowledge, Skills and Abilities
- Bachelor's Degree or international equivalent in Business, Finance, Real Estate, or related field with exceptional academic credentials
- High level of expertise in Excel
- ARGUS proficiency helpful but not required
- ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
- Willingness and ability to travel required
Nice to have
- Our U.S. core/core-plus real estate strategy focuses on the acquisition of assets with strong long-term cash flow potential and durable tenancy diversified across end-user industries and geographies.
- We deploy capital across all major property types, with a strong focus on industrial and multifamily assets located in top-tier primary and regional distribution markets across the U.S.
- Understand physical characteristics of, and the related competitive advantages and disadvantages
- Understand and critically evaluate the existing and potential operating characteristics of a project (Revenue, expenses, capital expenditures, tenant credit, leases)
- Identify a project's demand drivers
- gather market information through independent field work and direct contact with brokers, appraisers, and developers.
- Synthesize information and draw a conclusion on future market rent, absorption, vacancy, and liquidity in the investment market
- Critically assess the execution ability of the development team for a project
Skills
- Excellent communication skills
- Strong interpersonal skills
Compensation
- The anticipated base salary range for this position is listed below.
- Total compensation may also include a discretionary performance-based bonus.
- $155,000.00 - $175,000.00
- There is no set deadline to apply for this job opportunity.
- Applications will be accepted on an ongoing basis until the search is no longer active.
Benefits
- Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future.
- Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
- The firm also offers robust Benefits offerings.
Company info
- Over the last 20 years, Ares' success has been driven by our people and our culture.
- Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Visa & Work Authorization
- Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includ
Apply directly at Ares Management →Create a free account for alerts like thisView Ares Management immigration profile
This listing is sourced directly from Ares Management's careers page and normalized into a canonical job model.