Green Street Advisors, Inc. Equity Research, Senior Associate in Newport Beach, California
Green Street provides preeminent and actionable commercial real estate research, news, data, analytics, and advisory services in the U.S. and Europe. For more than 35 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform.
The success of Green Street is directly attributable to the strength of our people. We attract high-quality applicants due to our reputation for excellence and our commitment to train and retain talent. Our collaborative work environment provides team members with opportunities to develop professionally and play a central role from day one. At Green Street, we are all about providing unique insights. A diverse and inclusive work environment where top talent can thrive, think freely and offer different perspectives makes our insights even stronger. We’re building a company culture where differences in gender, race, age, religion, ethnicity, identity, physical ability and perspectives are celebrated and valued.
Green Street seeks ambitious, motivated candidates with a passion for the markets and a desire to build a career at the confluence of equity analysis and real estate research. If you have finance and investment skills, we will teach you how to apply them to real estate investing in both public and private markets. Our research team sets the standard in the industry. A lot of this is due to a collaborative work environment among the 60 professionals and the ability for each to specialize in one or two property sectors. In addition, we promote sector rotation over time to facilitate professional development. Leaders on the team are homegrown as we seek to provide the best possible career path to all that join the team.
The Senior Associate will report to a sector head specialized in one or two property sectors and the position primarily entails becoming a specialist in one sector and covering several REITs. Success in the role entails developing intimate knowledge of covered companies and developing a deep understanding of the drivers of the property sector in the private market.
Duties & Responsibilities:
Prepare, maintain and / or oversee detailed financial models/valuation, projections, and databases
Adapt to changing circumstances as it relates to assigned financial models
Apply sound understanding and use of finance and valuation techniques
Become an expert on covered companies: properties, financials, management teams
Value a number of REITs using a combination of quantitative and qualitative analyses
Provide input and insights to shape Green Street’s investment recommendations
Develop relationships with REIT management teams and institutional investors to share perspective on industry and covered companies
In conjunction with senior members of the team, prepare and publish a wide range of research reports
Write Quick Takes and first draft of some research reports
Understand the implications and impact of news events and economic forces on specific companies, sectors, and assets
Become a proactive written and verbal communicator with internal and external stakeholders
Develop relationships with private market investors and other contacts – we will help you build those
Demonstrate resourcefulness by seeking out new and creative sources of information
Continue to develop knowledge of assigned sector and Green Street’s overall research framework
Some travel to Investor Days, conferences and property tours required
In addition to a strong work ethic and motivation to learn, the Senior Associate position requires the following skills: strong financial modeling, valuation skills and research skills, meticulous attention to detail, developing communication (both written and verbal) skills, a high level of organization, creativity, intellectual curiosity, resourcefulness, and an ability to work independently and multi-task. Strong analytical skills and a background in finance are required. The ideal candidate will have:
A Bachelor’s degree or higher in finance, accounting, real estate, economics, or a related field
2-4 years of experience in conducting financial/economic research, publicly traded real estate securities, general securities, and capital markets
Becoming a SEC registered representative by taking the regulatory exams for the Series 65 within 60 days of employment
Progress towards the CFA designation is encouraged
Strong working knowledge of financial statements and Microsoft Excel
The ability to multi-task effectively while maintaining accuracy
Candidate must be currently authorized to work in the United States without future sponsorship required
Working Conditions: The Senior Associate will work indoors in an air-conditioned office building and must be able to remain stationary at a desk and computer for a majority of the day.
Travel Percentage: <5%
Comprehensive benefits package including highly competitive medical and dental insurance
Company sponsored employee assistance program, life insurance and long term disability coverage
Health savings accounts and flexible spending accounts
Vacation (3+ weeks), sick, and personal time
Company paid holidays and summer half day Friday’s
Cell phone reimbursements & gym stipends
16 weeks fully paid maternity leave & 2 week fully paid paternity leave
Green Street sponsored co-ed basketball & soccer teams