Industrial Asset Management Associate

Kayne Anderson Real Estate is a leading real estate private equity investor in medical office, seniors housing, off-campus student housing, multifamily, industrial, and self-storage. Kayne Anderson Real Estate manages $16.5 billion of real estate AUM across opportunistic equity, core equity and real estate debt. Kayne Anderson Real Estate is part of Kayne Anderson Capital Advisors, L.P., a $36 billion alternative investment management firm with more than 40 years of successful experience in the real estate, infrastructure, credit, and growth capital sectors.

Kayne Anderson Real Estate is looking to recruit an Associate-level asset management professional to work within the industrial team to oversee the portfolio of one of the fastest growing sectors at Kayne Anderson Real Estate. The Associate will be an integral part of the team and will be involved with all aspects of managing the firm’s industrial platform. The platform will consist mostly of small and mid-bay product but will also include select larger box transactions. The most successful candidate will be a strong self-starter, have passion for their work, work tactfully to integrate themselves into the overall group, and be able to work independently.

General Position Responsibilities:

• Support the Asset Management Team in regular oversight of industrial portfolio.
• Review periodic reports with leasing, occupancy, and trend information and follow up with any questions regarding activity from the prior period.
• Assist in preparing and presenting annual business plans.
• Prepare quarterly updates on the financial and operational performance of the properties, highlighting any outliers or notable variances, with explanations of variances.
• Coordinate with other departments and respond to requests for property-level data and metrics to report to investors, lenders, and partners.
• Participate in annual operating and capital expenditure budgeting process.
• Assist in the transition of properties from Acquisitions to Asset Management.
• Review, evaluate, and make recommendations with regard to proposed lease terms and capital expenditure requests.
• Review and evaluate monthly P&L’s and operating reports.
• Review quarterly valuations, including internal fair market values, third-party valuations, and annual appraisals.

Requirements

• Bachelor’s degree in finance, accounting, real estate or similar business-related field, or equivalent experience/education preferred
• Minimum of five years of real estate asset management experience, preferably in the industrial sector
• Ability to create and manipulate complex files, analyses, and reports in Excel
• High proficiency in Excel, Argus, Word, and PowerPoint
• Must possess excellent communication, organizational, financial and time management skills
• Strong qualitative and quantitative skills
• Self-starter with the ability to handle multiple tasks, manage time effectively, prioritize projects and tasks, and work independently with high attention to detail
• Ability to build and maintain strong relations and work in a team environment

Benefits

• Competitive medical, dental, and vision insurance
• Flexible spending accounts (dependent care, healthcare, limited purpose FSA)
• Accident and Critical Illness insurance
• Long Term Disability insurance
• Competitive 401(k) benefits
• Pet healthcare savings program
• Member’s Only Healthcare - healthcare navigation
• WellHub - corporate wellness platform
• $10,000 lifetime reimbursement for family forming services (e.g. IVF, adoption, surrogacy)
• Fertility coaching services
• Rocket Lawyer legal benefits
• Reimbursement of professional society memberships and exam fees
• Up to $10,000 matching annually for contributions to qualified non-for-profit organizations
• Parental leave

Employment with the company is contingent on the applicant being able to provide proof of eligibility to work in the United States at the time of hire.

Kayne Anderson is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.