Associate, Asset Management

Associate, Asset Management (Seattle, WA)

As an Associate on our Asset Management team, you will have the opportunity to be part of a dynamic, experienced team working in our corporate office, located in the heart of downtown Seattle. The Asset Management Associate role requires a unique blend of analytical and storytelling skills; as a key driver of success for the investments we manage, you will be able to build an understanding of different projects through analysis, and effectively communicate the unique features of each building or development to stakeholders. 

This role is a chance to develop professionally through impactful work on fast-paced and complex projects. The associate will be provided with opportunities to expand on their specific skill-sets while working on various projects including property redevelopments, utilizing a variety of investment strategies while gaining exposure to numerous markets.

BENEFITS

This position offers competitive pay and benefits, including:

• Employee paid, and partial (40%) dependent-paid medical, dental and vision coverage
• 12 weeks of paid parental leave 
• 401(k) plan with up to $9,000 in employer matching each year
• Starting with 3 weeks of flexible paid time off and 9 paid holidays
• 12 hours of paid volunteer time and $200 charitable contribution matching each year
• Hybrid work arrangements available (some days in office and some days from home) 
• Education allowance – up to $2,000 per year

ABOUT YOU

Do you have the skills and meet the qualifications below? If so, we want to hear from you!  

Skills:

• Understanding of real estate finance and structuring
• Significant experience with complex financial modeling
• Proven ability as a lead support person on large scale projects
• Excellent verbal and written communication skills
• Strong customer service orientation

Qualifications:

• Strong proficiency in Microsoft Excel required. Argus experience preferred.
• Experience with Yardi preferred
• Bachelor’s degree required. Major in business, finance or real estate preferred
• Applicable real estate work experience  

DUTIES AND RESPONSIBILITIES

• Prepare sophisticated valuation and cash flow models to determine the viability of potential investment strategies, and develop recommendations and reports based upon findings.
• Develop value enhancement investment strategies, including leasing, physical improvements, capital structure and sell/hold analysis, and communicate findings.
• Support the Asset Management team with all analytical aspects of an investment including:  market research, due diligence, financing, capital structuring, distributions and negotiating.
• Prepare partnership recommendations concerning major property decisions.
• Perform investment risk analysis and develop and report recommendations.
• Prepare detailed business plan memorandums for Committee approvals.
• Assist with monthly and quarterly reports for Unico’s investment committee, equity partners, and Board of Directors.
• Review property cash flows and distribution models using both Argus and Excel.  
• Review leases for accuracy and enter into Argus.
• Work with property managers to implement investment strategies.
• Assist with the preparation of the annual corporate valuation.
• Assist in special projects with other Unico departments as required.
• Communicate with investors / owners.
• Assists in special projects as assigned.

ABOUT UNICO PROPERTIES LLC 

Unico Properties LLC is a commercial real estate investor, developer, and full-service operator focused on office and multifamily assets in emerging markets throughout the United States.

Since 1953, Unico Properties has created places where people want to be, curating environments that foster the well-being of people and communities. Unico is committed to building and operating sustainable real estate—buildings that protect our planet’s resources and are healthy and productive places to work. 

Unico Properties LLC is an equal opportunity employer. All candidates will receive consideration without regard to disability, protected veteran status, or any other status or characteristic protected by applicable local, state, or federal law.