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Real Estate Associate
Real Estate AssociateSentral • Palm Bay, FL, US
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Real Estate Associate

Real Estate Associate

Sentral • Palm Bay, FL, US
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Sentral Associate

Sentral is establishing a new category in urban living that reimagines the way people live, travel, and work. This new category, called Home+, combines the comforts of home with the adventure of travel. Offering both designer furnished and unfurnished homes with flexible lengths of stay, Sentral enables residents to live or visit stylish buildings in the nation's most coveted cities for any period of time, whether a night, a month, or multiple years.

Our core values reflect our commitment to our employees, as we elevate humanity and make one another better. We strongly believe in continuous personal improvement, career growth and diversity in our work force. With ongoing learning & development offerings, leadership coaching and mentorship programs, we foster an empowered environment rooted in empathy and growth. Our colleagues are curious explorers who never stop learning and who strive for great outcomes.

Job Description and Duties

At Sentral, we are building a team of people-first focused individuals who thrive on going above and beyond. Ideal candidates will exemplify a good sense of humor, a positive attitude, a growth mindset, and an entrepreneurial drive.

The Associate's primary responsibilities will be conducting underwriting, pitch deck creation, and deal pipeline management allowing them to own the end-to-end process around how Sentral analyzes new third party Class A assets. This position reports to the Senior Director, Real Estate.

What You'll Do :

  • Own the entire underwriting analysis process for Sentral opportunities
  • Improve and iterate Sentral's underwriting model and key investment metrics
  • Develop and own all data infrastructure necessary to underwrite management and investment opportunities, including all hospitality and multifamily data for existing and new markets
  • Prepare and own all portfolio level reporting and data for third party management opportunities in partnership with Business Intelligence and Operations
  • Manage internal pipeline of incoming and ongoing deals
  • Maintain thorough market awareness in targeted markets through direct research, review of third-party research, and work closely with Operations, Asset Management, Transitions, Development, Revenue Management, and Corporate Sales teams on expense and revenue assumptions
  • Prepare memoranda (pitch decks) for recommended management and investment opportunities and identifying risks and profitability for each deal
  • Review and analyze a business model to present to the executive team and third-party clients about Sentral analysis, margins and potential deal terms
  • Accompany team on site visits during pitch process and tours of existing portfolio to illustrate Sentral's capabilities to new clients.
  • Based in Southern California (Los Angeles, Orange County, San Diego) or Phoenix. Day-to-day will be remote, but Sentral focused on candidate being based in either of these markets to support ongoing business development efforts.
  • This position will require travel from time to time including business development efforts.

Skills and Experience

  • Bachelor's degree in real estate, finance, economics, or other business disciplines
  • Have at least two years of experience and a proven track record of success in real estate analysis and acquisitions within multifamily and hotel asset classes
  • Institutional level experience in either Investment Sales / Capital Markets Brokerage, Real Estate Private Equity Acquisitions, or Real Estate Investment Banking
  • Well-organized, detail-oriented, and have excellent analytical skills; proficiency in sophisticated financial analysis
  • Strong problem-solving skills; good client and public presentation skills; and excellent oral and written communication skills
  • Strong knowledge and experience owning the data infrastructure necessary to manage a fast-growing pipeline of real estate opportunities
  • Highly proficient with Microsoft Excel, including the ability to create complex financial models from scratch
  • Ability to work entrepreneurially and to approach investment opportunities from an owner's perspective
  • A strong understanding of commercial real estate terms and investment principles
  • Self-starter and highly motivated with the ability to multi-task
  • Sentral Benefits

  • Healthcare Coverage : We are committed to providing comprehensive healthcare plans (medical, dental, vision, and other benefit options) to our team members and their families.
  • Career Development : We offer extensive learning and development opportunities to support growth.
  • Paid Time Off : Sentral fosters a flexible work lifestyle by offering generous paid time off to team members.
  • Matching 401K : To help you reach your savings goals, we offer a 401(k) plan with a match.
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