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Investment Associate

Investment Associate

Team 
Accounting and Finance
Location 
US-MI-Detroit

Position Details

Who We Are

About Bedrock:

Detroit-based Bedrock is a full-service real estate firm specializing in acquiring, developing, leasing, financing, and managing commercial and residential buildings. Since its founding in 2011, Bedrock and its affiliates have committed more than $5.6 billion in acquiring and developing more than 100 properties in downtown Detroit and Cleveland totaling more than 16 million square feet.

 

Bedrock is leading Detroit’s building boom with the city’s largest and most ambitious projects. These projects meet an increasing demand for Class A office space and modern living options in a growing and technology-centric urban core, with an emphasis on ground-level activation and increased walkability. In the next five years, Bedrock plans to deliver 3,500 new residential units to the market; from City Modern, an 8.4-acre neighborhood where residents can age in place; to 28Grand, where residents use the city as their living room; to the Hudson’s project, which will soon be home to Detroit’s tallest building and most landmark address. If so, come join us then as Bedrock is leading a movement! For more information, visit bedrockdetroit.com or engage with us on Twitter @BedrockDetroit and Facebook.

 

Our Core Values: Independently Driven | Never Satisfied | Relentless Commitment to Service

 

Why Bedrock?

At Bedrock, we create unique experiences through real estate! From your experience each day at the workplace to the experience we create for those who live, work, and play in our spaces, we are focused on making a lasting impression through our properties and developments.  We are looking for team members that want to make an impact in the fast-paced world of real estate, management and development and who want to be a part of a team who is changing the landscape in the cities where we work.  At Bedrock, you will be a part of an inspirational, energy-filled environment.  Come join the momentum!

What You'll Do/Need

Position Summary:

The Investment Associate position will operate in a fast-paced, dynamic environment and must possess the necessary skills in, and understanding of; investment & acquisition analysis, financing execution, portfolio reporting and development to support the portfolio of real estate projects managed or investigated by Bedrock. 

 

Position Responsibilities:

  • Provides analytical support for investment and strategic business decisions related to real estate investment opportunities and capital structure execution
  • Performs market & strategic analysis, valuation, financial modeling, project underwriting, and financial due diligence across the range of Bedrock’s real estate activities including; commercial, retail, residential, hospitality, parking and mixed-use developments.
  • Constructs project proformas, including investment & acquisition analyses, development budgets and timelines used in structuring transactions.
  • Supports Vice President of Finance to secure and execute debt and equity funding for real estate projects including; construction financing, permanent loans, bridge loans, public financing vehicles, tax credits, private placements, and equity
  • Supports execution of financial incentives for real estate projects in collaboration with Incentives team, as needed
  • Performs investment and portfolio performance analysis and reporting for both internal and third-party equity investor communication
  • Supports compliance reporting to meet requirements of lenders, tax credit investors and partners
  • Interfaces with external resources including consultants, legal, tax, and accounting professionals as well as other subject matter experts as needed
  • Assists in the evaluation of potential investment partners and partnership structures
  • Researches real estate market locally, nationally and internationally to provide context in benchmarking the performance of Bedrock’s real estate portfolio and maintain key assumptions for analyses
  • All other duties as assigned

Position Requirements:

  • A Bachelor’s Degree with a concentration in Finance, Accounting or Economics preferred
  • Approximately 3-5 years of experience in finance, investing, corporate development, investment banking or other financial services
  • Prior experience at a real estate services, investment or development company strongly preferred
  • Proven track record of high performance in prior work and university studies
  • Proficient knowledge of Microsoft Office Suite; MS Excel, SQL/modeling platforms/reporting
  • Willingness to work and integrate with multiple partners
  • Strong multi-tasking and prioritizing abilities while being agile and adaptable
  • Demonstrated written and verbal communication skills

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