Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Position Summary

The Ares Real Estate Debt team is seeking an investment professional to join their LA team. The position will play a highly visible and key role in the investment process, assisting deal teams in the sourcing and assessment of short-term debt, equity and mezzanine investment opportunities in core, core plus, and value-added oriented commercial real estate projects throughout the US.

The Ares Estate Debt team focuses on directly originating loans using its extensive national relationships with various owner-operators, sponsors, and intermediaries of real estate properties. We seek to provide flexible financing across a potential borrower’s capital structure. While we focus on self-originated transactions, we will also selectively pursue secondary market acquisitions and club/syndicated transactions.

Primary Functions & Essential Responsibilities

• Participate in the sourcing, assessment and structuring of investment opportunities by critically evaluating the merits and risks of the investment through the development of financial metrics, models, and sensitivities.
• Identify differing economic and performance scenarios that appropriately bracket an investment’s potential performance and prepare models to measure the economics of the transaction.
• Develop an appropriate capital structure for an investment based upon its business plan and key risks to performance through analysis and discussions with sponsors, market participants and investment professionals.
• Understand the physical characteristics of each property, and the related competitive advantages and disadvantages it offers.
• Assess and critically evaluate the existing and potential operating characteristics of a project (revenue, expenses, capital expenditures, tenant credit, and leases).
• Identify and understand a project’s market positioning; gather market information through independent field work and direct contact with brokers, appraisers, and developers. Synthesize information and draw a conclusion on the business plan including future market rent, absorption, vacancy, and liquidity in the investment market.
• Perform credit analysis of potential sponsors. Critically assess the execution ability of the sponsor team for a project.
• Prepare a comprehensive investment submission and communicate conclusions and investment risk in a narrative presentation to senior management including approval through participation in Investment Committee.
• Perform ad-hoc analyses for asset management, capital markets, and investor relations teams.

Education

• BS or Master’s Degree in finance, real estate, or related field

Experience Required

• 1-2 years of commercial real estate investment, underwriting or investment banking experience

General Requirements

• High level of expertise in Excel, PowerPoint, and ARGUS
• Strong presentations skills and time management skills
• Must possess strong integrity and professionalism

Reporting Relationships

Managing Director, Real Estate Debt

Compensation

$100,000.00 - $140,000.00

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.