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Senior Associate, Investment Research

Chicago, Illinois

Description

Company Description

Founded in 1966, Heitman LLC is a global real estate investment management firm with over $44 billion in assets under management. Heitman’s real estate investment strategies include direct investments in the equity or debt capitalization of a property or in the securities of listed and publicly traded real estate companies. Heitman serves a global client base with clients from North American, European, Middle Eastern and Asia-Pacific institutions, pension plans, foundations and corporations and individual investors. Headquartered in Chicago, with additional offices in North America, Europe, and Asia-Pacific, Heitman’s more than 325 employees offer specialized expertise – from a specific discipline to local insight.

This Opportunity

Our Chicago office is seeking a Senior Associate, Investment Research to join the firm’s Investment Research group. This position involves research into economic, capital market, and property market trends in support of the firm’s investment strategies in private equity and debt and real estate securities. Research is an integral part of the investment process at Heitman and the focus of significant corporate resources.

The department is charged with:

  • Targeting market and property-level investment opportunities
  • Underwriting market assumptions for specific assets as part of the acquisitions, asset management and dispositions process
  • Framing investment strategies to capitalize on capital and property market opportunities

The responsibilities of a Senior Associate, Investment Research include, but are not limited to:

  • Collect and analyze data on property markets, capital markets and economic trends in North America
  • Work alongside the acquisitions and debt teams on prospective property investments, including assessments of local market conditions and trends, competitive properties and identification of risks/opportunities
  • Write market summaries for annual business plans for properties within the Heitman-managed North American portfolio
  • Regularly create and update content regarding economic, capital market and property market fundamentals for client presentations.
  • Contribute analysis and content for white papers and Thought Leadership pieces on market trends and their investment implications
  • Interact and work collaboratively with senior management and clients in person and on conference calls

Qualifications

  • A Bachelor’s degree in economics, finance, econometrics, statistics, real estate, geography, urban studies or a related field. An advanced degree, CAIA designation or CFA designation is a plus.
  • A minimum of two years in real estate research, consulting, finance, economics, geography or urban planning (candidates with other backgrounds that demonstrate strong research and writing skills will also be considered). We will also consider candidates with an advanced degree, but less than two years of experience.
  • Excellent organizational, analytical and written and oral communication skills
  • A highly developed ability to juggle multiple assignments simultaneously
  • Comfort with creating, maintaining and manipulating databases
  • Intellectual curiosity, creativity and integrity
  • Willingness to work independently on short deadlines
  • Fluency in Excel, PowerPoint and data visualization
  • Fluency in Python, R, Excel VBA or EViews is a plus
  • Prior experience within the commercial real estate industry is a plus

The Heitman Difference – Culture

Our culture recognizes the importance of our biggest differentiator — our people. Heitman’s collaborative work environment gives our professionals the opportunity to build something together. Something too appealing to ignore and too rewarding to leave.

Our culture is driven by our core values: Respect, Commitment, Innovation, and Integrity. We strive to maintain an inclusive and collaborative environment where all ideas are welcome. Among many other Heitman sponsored programs, we encourage our employees to get out into the community and volunteer with their favorite organizations – you’ll even get paid time off to do just that!

Heitman offers an excellent compensation and benefits package, including medical, dental and life insurance, 401K plan with employer match, and a generous vacation/sick plan.

Additional Information

Interested professionals should apply via our website at www.heitman.com. Please make sure to select “careers” under the About tab to submit your cover letter and resume. If you are a Heitman employee, please make sure to apply using your Heitman email address.

Equal Employment Opportunity: Heitman is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.