Associate, Investments

Job Description

Associate, Investments | GGP

The Tone:
This is a full-time role at GGP, located in New York, NY. GGP is a leading retail real estate company headquartered in Chicago, IL, with a portfolio of over 95 high-performing retail assets across the United States. As an owner-operator, the company is committed to creating vibrant destinations that bring people and brands together, supported by a team of over 1,200 employees. The Associate, Investments is a key contributor to the firm’s real estate investment strategy, supporting the sourcing, evaluation, and execution of opportunities across a diversified portfolio. This role plays a meaningful part in driving portfolio growth and performance by delivering rigorous financial analysis, underwriting, and due diligence that inform investment decisions.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $135000–$180000 yearly
• Mission: This person owns the rigorous financial analysis, underwriting, and due diligence processes that inform real estate investment decisions and drive portfolio growth and performance.
• Tech Stack: Microsoft Excel, PowerPoint, Argus

What You’ll Actually Do
• Model Development: Lead the development and maintenance of complex financial models, ensuring integrity of structure, assumptions, and outputs across acquisitions, dispositions, and portfolio analyses.
• Opportunity Evaluation: Evaluate investment opportunities through detailed cash flow modeling, analysis of key return metrics such as IRR, NPV, and equity multiples, and scenario-based sensitivity assessments to inform risk-adjusted decision making.
• Research and Underwriting: Conduct market research, comparable analysis, and supply/demand evaluations to support underwriting assumptions and investment strategy, including sensitizing key financial variables.
• Transaction Support: Support the full transaction lifecycle by performing and coordinating comprehensive due diligence, preparing clear investment memos and presentations, and contributing to drafting offer letters and term sheets.
• Cross-Functional Collaboration: Collaborate with internal and external stakeholders, including legal, tax, accounting, and financing teams, throughout the transaction process to evaluate implications of capital structure and other financial impacts.

The Must-Haves
• Background: Bachelor’s degree required, preferably in Finance, Real Estate, Economics, or a related field.
• Experience: At least two years of relevant experience in investment banking, real estate private equity, asset management, or corporate finance.
• Skills: Strong financial modeling and valuation experience with the ability to build and interpret complex investment analyses; advanced proficiency in Microsoft Excel and PowerPoint; demonstrated ability to analyze complex financial data and translate insights into actionable recommendations; proficient in Argus or similar real estate financial modeling software.