Associate Investment Management - Remote

Profile

Overview

Our Company:

LennarSFR is the single-family rental division of Lennar Corporation.  LennarSFR provides high quality, newly-built rental homes, townhomes and condos at affordable prices across the United States.

Responsibilities

Summary of Position:

LennarSFR (LSFR) is seeking an Associate to join the Single Family Rental (SFR) investment management platform. The Associate will contribute to the execution and implementation of the Platform’s strategy by engaging in all investment management core competencies (acquisitions – portfolio management – asset management – research – deal structuring).

LSFR is driven by data, analytics, and technology, and supported by a mature parent organization to create maximum value for its investors. If you are interested in building a large business, being a master of many investment roles, and be a team player; this role is for you. It will be a ton of work, and it will also be a ton of fun!

LSFR is a wholly owned subsidiary of Lennar Corporation (LEN, NYSE). Founded in 1954 as a Miami homebuilder, Lennar Corporation now operates a diversified national platform. In fiscal year 2020, the firm delivered 52,925 new homes and posted consolidated revenues, of $22.5 billion. Lennar Corporation’s core principles of Quality, Value and Integrity are the underlying foundation upon which it was built. The firm is committed to the highest standards of corporate governance, business integrity and professionalism.

Principal Duties and Responsibilities:

General

Provide support and assistance to key business leaders by fielding questions and requests and gathering data and reports as necessary

Assist in the development of scalable infrastructure to drive decision making using technology and business intelligence tools

Engage with teams across the Lennar organization and third-party consultants, including research, technology, finance, and field operations, to achieve financial and operational success

Acquisitions

Conduct financial analysis of investment opportunities, including the creation of detailed pro-forma and financial models

Gather, compile, investigate, and analyze market data to identify potential investment opportunities

Prepare narrative investment memoranda, detailed reports, and market summaries that provide insights on proposed acquisitions and manage on-going communications related to those transactions

Coordinate third-party pre-acquisition appraisal process

Portfolio Management

Perform monitoring, reporting and proactive problem-solving of the Company’s existing asset portfolio to optimize performance

Perform portfolio reviews to understand each investment’s fundamental profile relative to underwriting and work closely with senior leadership to communicate findings to investors

Establish and maintain productive relationships with equity partners, lenders, and other key stakeholders

Coordinate the third-party annual appraisal process

Asset Management

Conduct financial analysis, analyze trends, and prepare narrative memoranda, detailed reports, and market summaries that provide insights on property level performance

Develop recommendations on key findings that affect the return and financial performance of the asset(s)

Establish and maintain productive relationships with property management and other key stakeholders,

Coordinate third-party real estate tax appeals

Education and Experience Requirements:

College degree required

Three (3 ) years of experience in real estate investment management, private equity or investment banking

Strong quantitative and analytical skills required

Excellent written and verbal communication skills required

Highly proficient in Excel, Word and PowerPoint

Ability to handle large volume of work; good organizational skills and ability to prioritize to meet deadlines

Qualifications

Education and Experience Requirements:

College degree required

Three (3 ) years of experience in real estate investment management, private equity or investment banking

Strong quantitative and analytical skills required

Excellent written and verbal communication skills required

Highly proficient in Excel, Word and PowerPoint

Ability to handle large volume of work; good organizational skills and ability to prioritize to meet deadlines

Physical Requirements:

This is a position which requires the LSFR Associate to be able to view computer screens, mobile devices and other electronic equipment, paper reports, and journals for extended periods of time where visual strain may result. Must be able to frequently walk, stand, and climb stairs in and around construction sites, communities, homes, models and properties. Also, must have the ability to speak, hear, bend, stoop, reach, lift, and move and carry up to 20 lbs.

Finger dexterity is necessary.

Regular travel is required to visit communities and offices throughout the region, and to attend training classes, business meetings, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associates. Duties, responsibilities and activities may change at any time with or without notice.

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Company info

Lennar Corporation
Website : http://www.lennar.com