University Partners is one of the country’s leading owners and operators of student housing properties, with a scaled national portfolio comprising ~26,000 beds and ~$4.2bn of properties across 30+ universities. The Company combines best-in-class operating capabilities and a rigorous, data-driven approach to operations and asset management to deliver strong operating performance across our portfolio. UP’s management team collectively has 60+ years of experience in the sector and UP’s current team of ~500 employees oversees all aspects of investments, asset management, operations, leasing and marketing across its portfolio. The Company is backed by KKR & Co. Inc., a leading global investment firm with approximately $640bn of assets under management, including $80bn in real estate assets under management.
JOB PURPOSE
The Summer Analyst will assist in the evaluation, underwriting, execution of student housing investment opportunities, and asset management of UP’s existing portfolio of properties.
EDUCATIONANDEXPERIENCEREQUIREMENTS
Students must be pursuing a Bachelors degree from an accredited college or university with a graduation date of May 2027or a Graduates degree or MBA from an accredited college or university
3.2 minimum GPA
Preferred course work: commercial real estate, corporate finance, asset management, commercial or investment banking,
Strong financial modeling skills, specifically within Microsoft Excel
Strong business writing acumen
PRIMARY DUTIES & RESPONSIBILITIES
The Analyst will assist the Acquisitions and Asset Management team in all aspects of deal sourcing, market research, underwriting, and portfolio monitoring:
Perform financial analysis of acquisitions and development opportunities via financial modeling, analysis of cash flows, analysis of return and project sensitivities, and application of valuation methods using Microsoft Excel
Make informed decisions regarding modeling assumptions while maintaining the ability to logically defend and present said assumptions
Assist with due diligence processes associated with acquisitions by performing document control, physical and financial due diligence, verifying and establishing projections, or other duties as assigned
Prepare investment committee proposals for new projects under consideration, including presentation materials and graphic requirements
Benchmark comparable properties while maintaining detailed notes to inform underwriting assumptions
Develop and apply quantitative modeling assumptions to deals under consideration for investment
Complete asset management projects on an ad hoc basis, including both portfolio and asset-level analyses
Track, organize, and maintain sales data from various sources
Catalogue all potential investment opportunities including downloading materials from virtual data rooms and maintain/organize them on the local network drive
Track all investment opportunities in key target markets and UP correspondence with brokers, owners, and other external parties
QUALIFICATIONS
Proficiency in Microsoft Office software; advanced Excel skills required to build and update detailed cash flow models
Analyze and interpret market and industry trends from a strategic point of view to draw conclusions and solve problems
Communicate effectively with coworkers, brokers, and capital partners to effectively exchange ideas, information, and opinions to inform investment decisions
Possessexcellentinterpersonalskills
Able to work well in a fast-paced, dynamic environment that requires critical thinking and problem solving
Must be collaborative and comfortable communicating in a team-oriented environment
Highly motivated and able work independently
Think creatively and contribute to project success
Successfully manage a variety of tasks within a tight time schedule, including multiple potential transaction models at once