On the Asset Management team at Tishman Speyer, you'll provide analytical support for existing office and retail properties, including valuations, cash management, hold/sell and sensitivity analyses, leasing deal analysis, and market research using third-party data and broker input. You will prepare presentation materials, lead annual budgeting and reforecasting with cross-functional teams, and help execute or establish asset business plans in collaboration with investment partners. You’ll also support capital transactions such as refinancings and dispositions, and track and analyze ongoing capital projects with design & construction and property management teams.
Commitments
You should demonstrate a clear passion for real estate and intent to build a principal-side career, and compensation is structured with a base salary range tailored specifically to Tishman Speyer’s San Francisco team and market.
Responsibilities
Provide analytical support to assist with the asset management function of existing office and retail properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses
Work with leasing team to analyze new leasing deals
Complete market research – through third-party data providers and communication with local brokers – to compile relevant lease comparable, sale comparable, competitive sets, development pipelines, and general market data
Prepare presentation materials and proposals with responsibility for written and graphic requirements
Annual budgeting and reforecasting in coordination with property management, design & construction, leasing, and accounting teams.
Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings in furtherance of the asset’s business plan.
Supporting capital transactions (refinancing or dispositions), as they arise.
Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management.
Commitments
Evident passion for real estate and desire to build a career on the principal sideThe base range is also specific to members of Tishman Speyer’s San Francisco team, as we’ve considered factors specific to this geography.
Not Met Priorities
What still needs stronger evidence
Requirements
1-3 years (analyst) or 3-5 years (associate) of in-office experience in an analytically rigorous Real Estate or Finance environment
Evident passion for real estate and desire to build a career on the principal side
Strong creative problem-solving skills
Ability to work independently, but also collaborate with team members
Effective written and oral communication skills
Proficient in Excel, ARGUS Enterprise, and financial modeling
Thorough understanding of real estate valuation and underwriting fundamentals
Unwavering attention to detail
Prior in-office experience is required.
Preferred Skills
Evident passion for real estate and desire to build a career on the principal side
Analyst/ Associate, Asset Management – San Francisco Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities. As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 522 properties, totaling 218 million square feet, with a combined value of over $129 billion (U.S.). Tishman Speyer currently has approximately $68 billion in assets under management, including iconic properties such as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt, and Mission Rock in San Francisco. Summary of the Position: We are seeking an experienced analyst/ associate to join the San Francisco asset management team for an immediate start. This individual will be responsible for supporting the broader asset management team with quantitative financial modeling, asset performance analysis, executing on business plans, and reporting for the San Francisco office portfolio. They will be an integral part of all periodic updates with Investment Committee and partners, and will support operational, leasing and capital decisions. The role will involve working with teams across our core functions, including: portfolio management, asset management, development, capital markets, property management, corporate strategy, innovation, design and construction, and leasing. Key Responsibilities: Provide analytical support to assist with the asset management function of existing office and retail properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses Work with leasing team to analyze new leasing deals Complete market research – through third-party data providers and communication with local brokers – to compile relevant lease comparable, sale comparable, competitive sets, development pipelines, and general market data Prepare presentation materials and proposals with responsibility for written and graphic requirements Annual budgeting and reforecasting in coordination with property management, design & construction, leasing, and accounting teams. Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings in furtherance of the asset’s business plan. Supporting capital transactions (refinancing or dispositions), as they arise. Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management. Skills & Qualifications: 1-3 years (analyst) or 3-5 years (associate) of in-office experience in an analytically rigorous Real Estate or Finance environment Evident passion for real estate and desire to build a career on the principal side Strong creative problem-solving skills Ability to work independently, but also collaborate with team members Effective written and oral communication skills Proficient in Excel, ARGUS Enterprise, and financial modeling Thorough understanding of real estate valuation and underwriting fundamentals Unwavering attention to detail Prior in-office experience is required. The base compensation range for this role is $90,000 to $130,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all other benefits afforded to full-time Tishman Speyer employees. This base range reflects a number of factors including, but not limited to, relevant experience, skill sets, and/or licensure required of an individual in this particular role. The base range is also specific to members of Tishman Speyer’s San Francisco team, as we’ve considered factors specific to this geography. Tishman Speyer is deeply committed to creating and maintaining a diverse workforce which promotes different views and perspectives. We expect our leaders and employees alike to champion diversity and inclusion practices. Tishman Speyer has several employee affinity and interest groups that provide employees opportunities to develop professional relationships across the business and identify opportunities for development and advancement. We are proud to be an Equal Opportunity Employer and treat all applicants for employment equally based upon job-related qualifications and without regards to race, color, age, sex, sexual orientation, gender identity, gender expression, marital status, military or veteran status, national origin, disability, religion, or any other characteristics protected by law.
Tishman Speyer
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San Francisco, CA