Position: Senior Analyst, Retail Asset Management - Baltimore, MD
Role Overview
Continental Realty Corporation (CRC) is seeking a Senior Analyst to join our Retail Asset Management team. This position will support a team of Retail Asset Managers overseeing CRC’s value-add and opportunistic retail investments, which include 30+ shopping centers nationwide.**This is a hybrid role, requiring 2-3 days per week in CRC’s Baltimore, MD corporate office, with the option to work remotely the other 2 days per week. The role may transition eventually to a more flexible remote schedule at management’s discretion.
Department Overview
At CRC, the Retail Asset Management team is responsible for analyzing, reporting, and optimizing the financial and operational performance of each asset post-acquisition. The team plays a critical role in:
- Analyzing asset health and financial performance and communicating results to internal stakeholders and external investors.
- Partnering with the Capital Markets team on all financing activities.
- Managing the divestment process for CRC’s shopping center portfolio.
Key Responsibilities
This role will support the Retail Asset Management and Capital Markets teams and collaborate with the Commercial Leasing team to support key functions, including:
- Financial Modeling & Valuation:
- Develop ARGUS and Excel-based financial valuation and point-forward returns models on a quarterly basis.
- Analyze leasing performance in comparison to underwriting projections and annual budgets, considering rents, costs, downtimes, and other financial metrics.
- Conduct loan sizing and covenant sensitivity testing as per loan agreements.
- Asset Management & Strategy:
- Assist in Hold/Sell analysis, including underwriting, market research, rental and sales comparisons, and preparing investment committee (IC) memos and presentations.
- Ensure loan compliance, conduct covenant testing and sensitivity analysis, and assist with lender communications for a portfolio of properties.
- Support Retail Asset Management team with the review of annual budgets and capital expenditure plans.
- Support regular financial and operational performance presentations to CRC’s Leadership Team.
- Investor & Stakeholder Engagement:
- Travel as needed to conduct property tours in support of acquisition and divestment activities (less than 25% travel).
- Assist in preparing investor reports and performance updates.
- Support various portfolio management functions, including real estate tax appeals, cash management, owner distributions, and financial reporting.
Qualifications & Skills
- 3-5 years of experience in retail asset management or real estate acquisitions.
- Must have exp with ARGUS and advanced EXCEL skills.
- Bachelor’s degree required; advanced degree is preferred (MBA, MSRE, or similar).
- Strong understanding of real estate finance, accounting, and retail-specific concepts (e.g., recovery pools, qualitative lease terms).
- Proven ability to analyze financial and operational data and present findings.
- Proficiency in Yardi preferred.
- Exceptional written, verbal, and presentation skills.
- Ability to work collaboratively across in-house teams.
About CRC
Continental Realty Corporation (CRC) is a 60+ year-old real estate investment and management firm with a best-in-class reputation. With $4 billion in assets under management, CRC is a vertically integrated owner-operator, not a third-party services provider. CRC’s Asset Management function is hands-on, focused on delivering exceptional investment results through nuanced and thoughtful business strategies unique to each asset. The organization relies on the Asset Management Team to be the experts on individual assets and on the sub-markets in which they are located.
Collaboration across in-house retail teams is critical to our success. Asset Management reports into the Senior Executive Team regularly.
100000.00 To 115000.00 (USD) Annually
