Real Estate Associate

Job description



Real Estate Associate

Stanford University

Job Number:
87731

About Stanford Real Estate

Stanford Real Estate (SRE) manages the University's land endowment, comprised of 14 million square feet of office, Research & Development and hotel assets, and with assets under management currently valued at $5.9 billion. SRE's mission is investing and optimizing the risk-adjusted value of Stanford's income-producing lands and it deploys real estate expertise to serve University priorities. Nearly all revenues earned from SRE's diverse portfolio support the University's general fund and SRE's transactions are governed by the Stanford Management Company Board of Directors. SRE is a department within Land, Buildings and Real Estate (LBRE), an entity that serves Stanford University's academic mission through the development and operations of the University's 8,180 acres of land holdings. 4,200 of those acres are dedicated for campus and related uses, while SRE oversees the remaining 3,900 acres for commercial, hospitality, residential and agricultural uses. SRE is proud to support Stanford University's mission of providing education, world-class research, the arts and economic opportunity to the local and global community.

About the Associate

This Associate role is the ideal position to experience real estate investment, development and asset management within Silicon Valley. The Associate is directly responsible for a variety of analytical and project management duties and plays an active role in all value-creation strategies and transactions on Stanford's prestigious lands. Using creativity and critical thinking, and while working collaboratively within a dynamic environment, the Associate will gain exposure to several real estate asset classes and build strong relationships with high profile real estate investors and developers, and best-in-class tenants. Given the highly strategic nature of the portfolio, the Associate is a critical team member who works directly with two Associate Vice Presidents, two Managing Directors, and five Directors within Stanford Real Estate.

CORE JOB RESPONSIBILITIES: The Associate's primary responsibilities include leading the annual valuation of all real estate assets within Stanford's locally-owned investment portfolio, coordinating with third-party appraisers, preparing investment strategy materials, reporting documentation, and performance reports for board members and senior university officials, evaluating real estate opportunities and potential developments, and structuring complex transactions (including ground lease extensions, acquisitions and dispositions). It is a two-year fixed term position, with an option to stay for a third year, reporting directly to the Director, Asset Management but that includes working with all the groups in Stanford Real Estate (Asset Management, Development, Finance & Lease Administration)

QUALIFICATIONS:

The ideal candidate is a highly motivated and self-directed analytical thinker, is practiced at developing a variety of strategic financial analyses (e.g. present value/IRR calculations), is able to learn new concepts, displays attention to accuracy and detail, and resolves challenges with minimal supervision. This position offers a blend of autonomy and the chance to collaborate with a variety of prospective investors and business partners having high levels of investment sophistication.

A bachelor's degree and two years of relevant experience or a combination of education and relevant experience, preferably in the investment banking, real estate finance, or management consulting industries. Proficiency using Microsoft Excel, Word, PowerPoint and, familiarity with other investment management software tools, including Argus, is required. Candidate must show a demonstrated career interest in real estate investment or development.

LOCATION: The role is based in Redwood City but will be fully distributed until a return to office work is allowed locally.

COMPENSATION: This person will earn a market-competitive compensation package. This position will enjoy the many benefits of being a part of this world-class University.

Why Stanford is for You

Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:

  • Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.
  • A caring culture. We provide superb retirement plans, generous time-off, and family care resources.
  • A healthier you. Climb our rock wall, or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.
  • Discovery and fun. Stroll through historic sculptures, trails, and museums.
  • Enviable resources. Enjoy free commuter programs, ridesharing incentives, discounts and more


The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.
Additional Information

Job:

Location: Land, Buildings and Real Estate, Redwood City, California, United States
Schedule:
Classification Level:

To be considered for this position please visit our web site and apply on line at the following link: stanfordcareers.stanford.edu

Stanford is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.







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Job No:
Posted: 11/9/2020
Application Due: 11/9/2032
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