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Employment Opportunities

Company: Building and Land Technology
Position: Multiple Positions available
Date Posted: 10/17/2019
Description: Multiple career opportunities available at Building and Land Technology. Please visit their website for full descriptions and application information: https://www.bltoffice.com/careers/

Positions available:

Commercial Leasing Manager Stamford, CT
Commercial Property Manager Stamford, CT
Building Engineer (HVAC background) Stamford, CT
Residential General Manager Norwalk, CT
Customer Service Associate (3pm-11pm FT) Stamford, CT
Leasing Consultant, Harbor Point! Stamford, CT

Company: Hutensky Capital Partners
Position: Vice President - Aquisitions
Date Posted: 8/23/2019
Description: We’re OperationsInc, a Human Resources consulting firm. Our client, Hutensky Capital Partners (HCP) is an entrepreneurial retail real estate fund management firm. HCP, a sponsor of three institutional funds that invest in core plus and value add retail real estate in major US markets, is hiring an experienced acquisition professional to direct its acquisition function. HCP offers a professional, diverse work environment and competitive compensation including equity participation and benefits for this full-time position located in Hartford, CT office. We have been retained to conduct this search on behalf of our client.

Primary Responsibilities Include:
-Hands-on execution of HCP Funds’ acquisitions program
-Uses industry relationships and prospecting techniques to source investment opportunities consistent with the Fund’s investment strategy
-Reviews potential opportunities, uses knowledge of retail real estate to assess strengths and weaknesses, and underwrites pricing and projected returns
-Creates financial models for identified prospective centers to project returns and sensitivity analysis
-Presents and discusses potential investments to colleagues and to investment committee
-Prepares letters of intent, negotiates purchase and sale agreement
-Manages acquisition process from sourcing through closing including due diligence and any additional negotiation with seller
-Assists in process of financing property and ensures seamless transition to asset manage team

Must Have Qualities:
-Experience in prospecting, underwriting and acquiring open air shopping centers
-In depth understanding of retail real estate fundamentals, shopping center repositioning, and retail tenants
-Broad industry contacts with owners, brokers, lenders and retailers
-Strong balance between prior experience and potential for growth
-Quantitatively proficient (mastery of pricing, financial modeling, valuations/Argus)
-Consistent fit with HCP culture (“doer” not a “manager”, likes working on a team, small, fast moving company, common goals)
-Self-starter with strong analytical and communication skills and has the ability to proactively recognize opportunity and risk
-Ability to travel as often as role requires
-Attracted by the opportunity to be a key player in growing investment fund business and the chance to benefit financially and in personal development

Beneficial Qualities:
-Experience with retail leasing and extensive relationships with retailers
-Industry relationships/ICSC involvement
-Fund experience/Institutional experience

If qualified and interested in this position, please send your resume to RE@OperationsInc.com for review and consideration.

Company: WFL Real Estate Services
Position: Property Manager
Date Posted: 5/16/2019
Description: Seeking College graduate or self-starter to be a property manager to an ever- expanding real estate company located in Norwalk, CT. The Company has a proven track record of growth over the last 15 years. Our staff (team members) has grown along with properties under management each year. This position entails the complete management of 165 residential units spread over 16 acres, built in 1965 located in down town New Canaan, CT.

Education: BA or BS 4-year College Degree

Location: New Canaan, CT (must live within 30 minutes of office, preferably Fairfield or Westchester Counties)

Experience: 1-2 years actual management experience in real estate or similar field. Current property management Residential experience A+.

Responsibilities: Day to day management of a 16-acre residential condominium complex within the WFL Portfolio. Have working knowledge of field calls, customer service, bid out projects, supervise and prepare budgets. Perform daily inspections and supervise a facility manager with daily maintenance tasks. Fully responsible for all daily aspects of the property as well as project management.

Strong organizational and follow up skills. Ability to oversee multiple projects. Proficient written and oral skills to communicate to team members, clients and vendors.
Real estate accounting and knowledge of budgets, forecasting and re-forecasts.
Proficient use of Word, Excel, Email, Internet search engines, PowerPoint knowledge helpful.
Excellent customer service skills to resolve issues quickly and fairly.

Personality Traits Required:
Organized, hard-working, excellent business ethics, reliable, ability to work independently and an abundance of common sense. Be a self-starter and possess a very good “eye for detail” are essential.

We offer medical, retirement plan, vacation, paid holidays / sick days and other incentive packages such as bonus / commission structure for new business.

Initial salary range $40,000-50,000 per year (depending on experience level). Plus possible bonus based on merit.

Please email john@wflrealestate.com for more information

Company: Urstadt Biddle Properties Inc.
Position: Acquisitions/ Financial Analyst
Date Posted: 2/12/2019
Description: Urstadt Biddle Properties, a successful NYSE-listed REIT founded in 1969, which owns and manages over 80 properties (primarily grocery-anchored shopping centers) comprising 5.5 million square feet in the New York City suburbs, is seeking to expand its Acquisitions Department by adding an Assistant Vice President of Acquisitions/Financial Analyst.

Who we are looking for:

You are a self-motivated, energetic, proactive individual with retail real estate experience and strong financial aptitude, and you will be comfortable acting as the Acquisition Department’s primary financial analyst, in addition to identifying new acquisition opportunities that meet the company’s criteria and assisting with deal structuring. You will work closely with the Senior Vice President of Acquisitions and others in company leadership positions to help us continue to grow in a manner consistent with our philosophy.

Your duties will include the following:

• Complete financial analysis and modeling of potential acquisitions.
• Manage the due diligence process of new acquisitions and dispositions.
• Enhance our extensive network of property owners and brokers through cold-calling, direct meetings and trade show attendance.
• Seek to generate new deals, with a focus on generating direct off-market opportunities.
• Travel within the NY suburban markets to solidify relationships, tour existing and prospective new assets and gather intelligence on prospective deal opportunities.
• Manage the company’s proprietary database of property owners/acquisition candidates.
• Assist in structuring transactions, negotiating economic terms and drafting letters of intent.
• Interface with in-house Leasing Department to gather data, leasing assumptions and other market intel.
• Review acquisitions at intervals post-closing in order to evaluate conformance with due diligence projections/assumptions.
• Participate in special development projects.

Your desired skills and qualifications:

• Bachelor’s degree in Real Estate, Finance, Economics or other related field.
• Solid proficiency in Microsoft Excel and ARGUS.
• Strong networking and communication skills.
• Positive team player with proactive work ethic, approach and pride of work.
• Organizational skills and attention to detail.
• Strong presentation skills; persuasive in nature.
• Flexibility and ability to multi-task.
• Ability to think “out of the box”.
• Self-starter and ability to work independently.
• Strong relationship management skills.
• Knowledge of industry practices.

What we offer:
• Full-time employment; competitive salary commensurate with experience; eligible for bonus and restricted stock grants; benefits include health insurance, dental insurance, 401(k) with a partial company match, paid vacation days and other benefits.

Please submit via e-mail to James Aries (Jaries@ubproperties.com) your resumé, salary requirements and a cover letter explaining why you are the right candidate for this position.

*Direct applicants only; unsolicited submissions by recruiters will not be accepted
**Urstadt Biddle Properties Inc. provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by applicable law.

Company: Hart Realty Advisors
Position: Financial Analyst
Date Posted: 2/12/2019
Description: Hart Realty Advisers is currently seeking a Financial Analyst for our Simsbury, Connecticut office.

Please review the job requirements and responsibilities and if you meet the qualifications.

Apply Here

Job Mission:

1. Provide analytical and written support to the Acquisitions Department in underwriting and analyzing potential real estate transactions to determine the viability of the transaction for our clients.

2. Provide support to Asset Management for analysis in operational strategy, valuation, and buy/sell analyses.

3. Apply strong computer skills and technical knowledge to efficiently develop and revise financial projections, and apply communication skills and analytical ability to document and discuss the financial projections with members of Hart Realty Advisers and third party clients.

Job Requirements/Key Attributes:

• Bachelor’s Degree in Business, Real Estate, Finance, or similar field degree
• Understanding of real estate investment with at least 2-3 years of experience in real estate financial modeling/analysis
• Highly proficient level of skills and working knowledge of ARGUS and MS Office
• Ability to multi-task and work in a team environment
• Ability to work additional hours as projects may require
• Self-starter, ability to work independently
• Strong verbal and written communication/presentation skills
• Detail-oriented with strong organization skills and the ability to prioritize tasks
• Able to handle multiple tasks in a timely manner with a high volume of work

Primary Job Responsibilities:

• Develop appropriate financial projections for potential real estate acquisitions utilizing Argus Enterprise software and Microsoft Excel. Maintain these financial projections with an emphasis on documenting all the various scenarios and changes in assumptions throughout the acquisition process.
• Maintain and update on a timely basis the Pipeline for the weekly acquisitions meeting.
• Attend weekly meetings with members of the acquisition department to review potential transactions and deals in progress.
• Prepare Investment Summaries (investment brief, underwriting details, photos, maps, etc.) for potential transactions to be distributed to members of the Investment Committee.
• Assist in the presentation of potential acquisitions to the Investment Committee.
• Prepare formal Investment Opportunity Overviews for existing and potential clients. This will include the investment underwriting as well as the most current and reliable market-specific information by utilizing available research materials and local market contacts.
• Participate in the due diligence process taking responsibility for specific procedures assigned (e.g. accounting review, engage third party specialists, lease review, etc.).
• Clearly document and organize completion of due diligence procedures utilizing the Operating Procedures Manual and corresponding due diligence checklists.
• Throughout the acquisition process and following the closing of the transaction, assist in the transition of all relevant information to the asset management department.
• Assist Asset Management in analyzing existing portfolio assets.
• Prepare ARGUS and excel cash flow analysis.
• Produce market analysis and detailed forecasts of income and expenses.
• Audit leases and prepare lease abstracts, focusing on co-tenancy issues.
• Audit reimbursement reconciliations provided by clients.
• Track transaction activity and trends.
• Review and analyze financial market trends.
• Review, analyze, and organize due diligence.
• Obtain and analyze market research in support of assumptions.
• Assist with preparation of collateral material including pitches, sales flyers, offering memoranda.
• Perform financial updates as needed during marketing process.
• Administer transaction process including maintain listings on company website, set up and maintain marketing websites, organize email blasts, adhere to marketing schedule, assist with client updates as needed.

Hart Realty Advisers is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, color, sex, religion, national origin, age, disability, citizenship status, or any other basis protected under applicable federal, state, or local law.


Corporate Contact Information

Real Estate Finance Association of Connecticut
One Regency Drive
P.O. Box 30
Bloomfield, CT

(860) 243-3977 : Phone
(860) 286-0787 : Facsimile

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