Analyst, Real Estate Asset Management

Overview

Manulife Investment Management (MIM) is the global wealth and asset management segment of Manulife Financial Corporation. MIM's global real estate (GRE) platform provides investment solutions globally as part of its private markets capabilities, offering core, core-plus, and value-add strategies. The GRE team uses its global platform and regional market knowledge to find opportunities and generate results for clients. As of December 31, 2024, the platform includes 90 million square feet of office, industrial, retail, and multifamily assets located across Canada, the United States, and the Asia Pacific region, with approximately $20 billion USD in real estate (500+ properties).

The team is expanding its capabilities to meet evolving market opportunities and to build a diverse global culture as an ambitious investment manager.

MIM is seeking an Analyst, US Asset Management, to play a key role within the growing platform. The Asset Management team crafts and drives business plans for assets across the client portfolios. The Analyst will primarily support West Coast assets and will be responsible for complex financial modeling and analysis, production of investment memorandums, and supporting asset management and transactions teams.

The Analyst will work closely with Asset Managers on leasing, property management, capital projects, and valuations, while gaining exposure to Transactions and Capital Markets through acquisitions, dispositions, and refinancings within the region. This role requires the ability to manage workload and perform under deadlines. The position reports to a Director, US Asset Management, and is based in the Los Angeles office.

• Provide financial analysis and support for asset-level decision-making and transactions.
• Conduct quantitative and qualitative analyses and reporting across the region’s portfolio to support decision-making and strategy.
• Evaluate leasing opportunities, capital projects, and tenant credit; develop and present findings for Senior Management and Portfolio Managers as required.
• Draft investment committee memorandums for leasing and dispositions as needed.
• Assist with acquisitions and dispositions when applicable.
• Identify market trends and extract insights for the regional portfolio; contribute to market commentary produced by Asset Managers; present and review with Senior Management and Portfolio Managers as required.
• Review and validate Yardi monthly financials/operating statements and variance reports; understand cash flow requirements and distribution analysis.
• Support ongoing loan compliance and credit/security monitoring activities.

• Coordinate Asset Manager efforts in the production and presentation of annual business plans to Senior Management and Portfolio Managers.
• Build and maintain quarterly Argus models and support hold vs. sell analyses; undertake model audits and quality assurance reviews; support standard process compliance.
• Coordinate appraisal review and commentary by regional Asset Managers; conduct variance analysis to external appraisals.
• Support Asset Manager oversight of leasing, property management, and capital projects.
• Collaborate with leasing brokers, including review of LOIs and preparation of financial analysis to support leasing recommendations.
• Review and selectively audit asset-level financial reporting submitted by Property Managers, including capital commitment forecasts, expense recovery calculations, and funding projections; oversee timeliness of Yardi financials.
• Review quarterly re-forecast packages prepared by property management.
• Support special projects and ad-hoc analyses; communicate efficiently with MIM business leaders internally and externally.

• Undergraduate degree or equivalent experience in Finance, Accounting, Economics or Real Estate from a top academic institution.
• Minimum of 0-2 years of validated experience, preferably from a top capital markets brokerage firm or other institutional real estate organization. Internship experience will be considered.
• Advanced proficiency with Microsoft Excel (financial modeling,…