Senior Acquisitions Analyst-Northern

Lamar Companies is a full-service, privately held, real estate investment company headquartered in Madison, New Jersey.

Since its founding in 1972, the Company has routinely been ranked in the top 100 largest owners of retail shopping centers in the US according to National Real Estate Investors rankings. Lamar primarily focuses on opportunities created by real estate economic cycles and underperforming assets across the United States and is a principal investor in projects for its own account and in partnership with major institutions.

Throughout the years the firm has maintained its entrepreneurial roots as a hands‑on operating partner with a deep expertise in the retail and office sectors, and a unique ability to drive value for its investors.

The Senior Acquisitions Analyst is responsible for underwriting potential investment opportunities and executing all aspects of due diligence. The role offers candidates unparalleled hands‑on learning experience and an opportunity to grow within a highly successful company. The position will be based in Lamar’s Madison, New Jersey office but has the potential for a hybrid work arrangement (in office at least three days a week).

Compensation will be $75,000- $105,000 per year depending on experience, with opportunity for bonus. One to four years of professional experience in commercial real estate acquisitions required. Please include a resume and cover letter to be considered.

• Develop cash flow projections utilizing Argus and Excel for both acquisition underwriting and asset management purposes
• Analyze and evaluate rent rolls and historical financials of properties being considered for acquisition to determine feasibility and valuation
• Recommend business plans for potential investments based on lease‑up, rollover, lease credit and term, and capital market conditions
• Review and summarize tenant leases and articulate issues/concerns in a clear and effective manner
• Perform sensitivity analyses that incorporate various factors including tenant performance, debt financing, deal & partnership terms, etc.
• Assist in all aspects of the due diligence process for proposed acquisitions including:
• Collecting and tracking all due diligence materials, financial and lease analysis, review of lease abstracts, determining market rents through independent analysis and networking with local leasing professionals, conducting market research and analysis, performing tenant credit analysis, reviewing environmental, engineering and appraisal reports, verifying historical financial information, conducting on‑site diligence including interviews of existing tenants, preparing ad‑hoc internal diligence materials, etc.
• Communicate with local market professionals to gain additional understanding of the asset and market
• Prepare internal and external investment committee presentation packages
• Assist in the closing of new acquisitions including pro‑rations, loan doc review, closing statements, etc.
• Support the Asset Management team across the owned portfolio, including but not limited to scenario analysis, hold/sell evaluations, loan reporting and covenant tracking, sale disposition analysis, property‑level reforecasts, and budget variance reviews
• Monitor portfolio performance metrics and assist in preparing periodic investor and lender reporting
• Maintain and update transaction and portfolio databases
• Stay current on developments and trends in the economy and real estate industry and incorporate the most up‑to‑date information into analyses
• Attend industry conferences to develop business relationships and hone expertise

Note:

This role will span both Acquisitions and Asset Management, with the balance between the two evolving as the portfolio grows. The analyst should expect increasing asset management responsibilities over time as new acquisitions close and the portfolio scales.

• Bachelor’s degree, preferably in real estate, with a major in finance or accounting
• Two to five years of professional experience in commercial real estate acquisitions.
• An understanding of commercial real estate fundamentals and capital markets
• Exceptional quantitative underwriting…