CIRE Equity is an entrepreneurial, growth-oriented company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the Western United States.

We are passionate about real estate, dedicated to hard work, and strive for excellence in everything that we do. We value our employees and aim to create a fun, merit-based environment that encourages hard work, creative thinking, and high-quality performance. We foster persistent improvement, and we are seeking like-minded individuals who share our attention to detail and passion for excellence to join our growing team.

What Makes CIRE Special

At CIRE Equity, we want our employees to be successful, and we believe that a large part of our success is aligned around our unique core values that form our cultural DNA.

PERSISTENT IMPROVEMENT

Relentless Cultivation of Our Potential

QUALITY PERFORMANCE

Executing Beyond Expectations

CREATE OPPORTUNITY

Innovative Thinking to Produce Value

AUTHENTIC COMMUNITY

Building Relationships Through Sincere Interactions

We value our team members’ emotional intelligence and awareness more than just technical skills because we believe creating a safe place to share openly and receive direct feedback leads to higher functioning teams and resilience to overcome any challenge. We work hard and play harder, celebrating company success as a team.

Purpose of Position

The Financial Analyst will be an integral part of the Investments Department and will be relied on to broadly support CIRE’s Investments team on all commercial real estate transactions, including acquisitions, dispositions, refinances, and loan origination. Additionally, the Financial Analyst will be responsible for collaborating with the Investor Relations, FP&A, Asset Management, and Financial Reporting teams on the creation and maintenance of key quarterly deliverables and ad hoc analyses. The ideal candidate will drive value for multiple stakeholders through a strong understanding of CIRE’s portfolio of assets, investment pipeline, and corporate processes while also increasing interdepartmental efficiency, collaboration, and communication.

JOB DUTIES/RESPONSIBILITIES

Investments

Serve a key role in the transaction process, including market analysis, underwriting, due diligence, and onboarding of new investments. Tasks include, but are not limited to:

• Preliminary financial analysis and due diligence for potential transactions
• Assembly and maintenance of comparable lease and sale transaction data
• Study and analysis of market and sub-market trends and drivers, consolidating and synthesizing key market and demographic data to support long-term investment strategy
• Create hand-off memoranda for newly acquired assets to assist in the transition of ownership from the Investments team to the Asset Management team
• Manage post-acquisition analysis and communication with the Asset and Property Management teams to facilitate inter-department collaboration
• Support the periodic review and management of existing credit investments
• Complete third-party diligence requests (ESA/PCA intake, SOVs, etc.

Investor Relations

Support CIRE’s ongoing equity raise through collaboration with the investor relations and marketing teams, ensuring timely provision of analysis and data. Tasks include, but are not limited to:

• Update financial aspects of investor relations decks on quarterly cadence and ensure consistency and fidelity of data in investor reporting
• Create supplemental presentations and case studies on an ad hoc basis
• Manage competitive REIT database, benchmarking performance, portfolio composition, dividend yield, and other metrics against public REITs, non-traded REITs, and other indices through public financial filings and private data sets
• Draft transaction-specific closing announcements for CIRE’s Marketing team
• Periodic collection and review of capital markets data

Financial Reporting

Act as a resource for the FP&A and Financial Reporting teams during the quarterly reporting cycle and monthly valuation process. Tasks include, but are not limited to:

• Assist in projecting FFO and net return performance quarterly for CIRE Equity’s open-ended REIT, CREIT
• Review appraisals, book values, construction spend, and consolidated financials for accuracy and consistency
• Support appraisal management by reviewing and uploading updated Argus models, new leases/expirations, LOIs, etc.
• Ensure accuracy of the master rent roll, including rentals, industry categories, credit ratings, leasing activity
• Update portfolio-level metrics, including DSCR, LTV, debt maturity, and WALT
• Periodically support lender compliance and audit reporting
• Perform data entry and imports to MRI B&F in support of the annual budget process and onboarding of new acquisitions
• Compile data and reports in support of the annual budget process and monthly variance analysis
• Assist with making bulk changes to Argus models to incorporate annual budget updates, periodic MLA assumption updates, and other changes as required in support of the company’s valuation process

Requirements

POSITION COMPETENCIES

• Highly proficient in Microsoft Excel and PowerPoint. Argus Enterprise experience is a plus but not required.
• Strong understanding of commercial real estate finance fundamentals, including familiarity with capitalization rates, DCF, and comparable transaction analysis.
• Excellent grasp of real estate and corporate financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Detail-oriented and able to maintain a high quality of work under time pressure.
• Ability to create clear, professional reports and presentations.
• Strong analytical and strategic skills.
• Self-motivated, inquisitive, and passionate.
• Strong interpersonal and communication skills.
• Ability to solve problems and deal with a variety of variables in unique situations where only limited standardization exists.
• Ability to read and interpret financial, legal, and due diligence documents such as commercial leases, CC&Rs, management agreements, loan agreements, offering memorandums, and SEC filings.

JOB EXPERIENCE QUALIFICATIONS

• A bachelor’s degree is required, and a preferred concentration is in business, finance, economics, or real estate.
• 2+ years of experience in commercial real estate, finance, or investments.
• Demonstrated interest in commercial real estate.