Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.
Lincoln Property Company (Commercial) is seeking a Commercial Real Estate Associate to support multiple teams within its Boston office. Primarily the candidate will work with the Leasing, Development, Acquisition, and Appraisal departments. The successful candidate will play an important and integral role on each team. This position offers an outstanding opportunity to learn and develop a broad range of budgeting, underwriting, appraisal and presentation skills. This position is located in Lincoln Property Company’s regional commercial operations headquarters in Boston, MA.
Leasing Responsibilities include but are not limited to:
- Format and redline lease proposals
- Produce bi-weekly and monthly leasing activity reports for client calls
- Assist brokers with CRM updates and management
- Assist in management and coordination of listing agreements, RFPs, LOIs, confidentiality agreements, commission agreements, etc.
- Coordinate with internal brokerage and research teams to update presentations and to maintain relevant market data
- Collaborate regularly with Director of Research to capture market data and present content
Development Responsibilities include but are not limited to:
- Oversee development pipeline tracker
- Coordinate budgets for pre-developments and under construction projects
- Work with accounting to produce monthly draws on projects
- Finalize investment overviews and IC memo updates on projects
- Run return-on-cost (ROC) analysis
Investment Analyst Responsibilities include but are not limited to:
- Provide in-depth analysis of potential real estate transactions
- Complete the underwriting narrative and model(s) in both Argus and Excel
- Create and analyze operating budgets, rent rolls and other financial information
- Gather, review and approve due diligence materials including lease abstracting
- Track and report information relevant to real estate transactions
- Prepare internal memos and presentations, including updating the database
- Prepare supporting market information including lease comps, sale comps and market stats
- Perform independent research and market analysis
- Assist with the preparation of Investment Memos and other deliverables
- Assist with final closing and post-transaction administrative tasks
- Other miscellaneous investment related tasks as necessary
Appraisal Responsibilities include but are not limited to:
- Prepare market analysis for subject properties
- Determine and assign reasonable valuation assumptions (rent, TI’s, Commissions, etc.)
- Use factual data provided by clients (rent rolls, operating statements, tenant sales, and various other financial information) on subject properties prepare & analyze ARGUS cash flow models
- Implement the Sales Comparison, Cost & Income Approaches for the appraisal report
- Review third party appraisal reports as part of the valuation management process
Experience Requirements:
- 1-3 years relevant work experience preferred
- ARGUS Enterprise field experience a plus
- Financial analysis and cash flow modeling
- Familiarity with Greater Boston Commercial Real Estate market preferred
- Strong collaborative spirit and sense of teamwork
- Effective and professional communication skills
- Strong organizational skills and detailed-oriented
- Strong work ethic
This position is 100% in-office. The role requires working in office during standard business hours. Remote work or telecommuting is not an option for this position.
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About Lincoln Property Company
Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.
All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.
By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with Lincoln Property Company's privacy policy.
