Real Estate Associate

Sentral

Real Estate Associate

Remote,
Full Time
Paid
  • Responsibilities

    About Sentral

    Sentral is establishing a new category in urban living that reimagines the way people live, travel, and work. This new category, called Home+, combines the comforts of home with the adventure of travel. Offering both designer furnished and unfurnished homes with flexible lengths of stay, Sentral enables residents to live or visit stylish buildings in the nation's most coveted cities for any period of time, whether a night, a month, or multiple years.

    Our core values reflect our commitment to our employees, as we elevate humanity and make one another better. We strongly believe in continuous personal improvement, career growth and diversity in our work force. With ongoing learning & development offerings, leadership coaching and mentorship programs, we foster an empowered environment rooted in empathy and growth. Our colleagues are curious explorers who never stop learning and who strive for great outcomes.

    Job Description and Duties

    At Sentral, we are building a team of people-first focused individuals who thrive on going above and beyond. Ideal candidates will exemplify a good sense of humor, a positive attitude, a growth mindset, and an entrepreneurial drive.

    The Associate 's primary responsibilities will be conducting underwriting, pitch deck creation, and deal pipeline management allowing them to own the end-to-end process around how Sentral analyzes new third party Class A assets. This position reports to the Senior Director, Real Estate.

    What You'll Do:

    • Own the entire underwriting analysis process for Sentral opportunities

    • Improve and iterate Sentral's underwriting model and key investment metrics

    • Develop and own all data infrastructure necessary to underwrite management and investment opportunities, including all hospitality and multifamily data for existing and new markets

    • Prepare and own all portfolio level reporting and data for third party management opportunities in partnership with Business Intelligence and Operations

    • Manage internal pipeline of incoming and ongoing deals

    • Maintain thorough market awareness in targeted markets through direct research, review of third-party research, and work closely with Operations, Asset Management, Transitions, Development, Revenue Management, and Corporate Sales teams on expense and revenue assumptions

    • Prepare memoranda (pitch decks) for recommended management and investment opportunities and identifying risks and profitability for each deal

    • Review and analyze a business model to present to the executive team and third-party clients about Sentral analysis, margins and potential deal terms

    • Accompany team on site visits during pitch process and tours of existing portfolio to illustrate Sentral's capabilities to new clients.

    • Based in Southern California (Los Angeles, Orange County, San Diego) or Phoenix. Day-to-day will be remote, but Sentral focused on candidate being based in either of these markets to support ongoing business development efforts.

    • This position will require travel from time to time including business development efforts.

    Skills and Experience

    • Bachelor's degree in real estate, finance, economics, or other business disciplines

    • Have at least two years of experience and a proven track record of success in real estate analysis and acquisitions within multifamily and hotel asset classes

    • Institutional level experience in either Investment Sales / Capital Markets Brokerage, Real Estate Private Equity Acquisitions, or Real Estate Investment Banking

    • Well-organized, detail-oriented, and have excellent analytical skills; proficiency in sophisticated financial analysis

    • Strong problem-solving skills; good client and public presentation skills; and excellent oral and written communication skills

    • Strong knowledge and experience owning the data infrastructure necessary to manage a fast-growing pipeline of real estate opportunities

    • Highly proficient with Microsoft Excel, including the ability to create complex financial models from scratch

    • Ability to work entrepreneurially and to approach investment opportunities from an owner's perspective

    • A strong understanding of commercial real estate terms and investment principles

    • Self-starter and highly motivated with the ability to multi-task

    HQ Team Perks + Benefits

    • Health & Wellness: We offer multiple medical, dental, and vision health plan options that begin the first month after your start date! There is one fully company-paid plan (no monthly premiums for you)*, and HSA and FSA options to set aside pre-tax dollars * Premiums apply for spouse, dependent, or family coverage plans
    • Plan in Your Future: Eligible after just three months of employment, we offer a 401(k) with a 4% company match to help you reach your savings goals.
    • Flexible Time Off: Sentral fosters a balanced work lifestyle by offering flexible paid time off, 11 paid holidays, and Enrichment Hours for volunteering or career development!
    • Travel Discount: Team members (and their friends and families) receive travel discounts when they stay at a Sentral community.
    • Deep Savings: All team members are Sentral receive discounted rates on pet insurance, attractions, rental cars, shows, events, and more!