TIAA Associate, Alternative Housing Investments- Nuveen Real Estate in Charlotte, North Carolina
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com
The Associate, Real Estate Acquisitions job supports the acquisitions of TIAA's real estate portfolio and provides support for its strategic relationships. Working independently under general supervision, this job will assist executing on new real estate and property investment opportunities, strategic partnerships, and acquisitions.
Key Responsibilities and Duties
Assists with the coordination and compliance of all requirements for the closing and funding of real estate acquisition and development transactions.
Performs underwriting and market research of potential real estate investment opportunities that support the company’s real estate investment and financial objectives.
Assists with sourcing new real estate acquisition opportunities and tracking active deals in the market.
Maintains external relationships with key market participants, investment sales, leasing brokers, and lenders.
Identifies increased efficiencies in the budgeting and operations of real estate and property assets.
Coordinates and oversees the due diligence process for asset acquisition and property development opportunities.
2 Years Required; 3 Years Preferred
University (Degree), Preferred
- Physical Requirements: Sedentary Work
The NRE Alternative Housing team has the responsibility of executing on all equity transactions and for overseeing the financial, operational and capital matters for Nuveen’s portfolio, including single-family rental, manufactured housing and self-storage. This hire will primarily support acquisition initiatives within Alternating Housing and will be integral in evaluating and executing new investments and strategic partnerships. They will help support the team’s asset management function and regularly meet with operating partners to discuss investment performance and strategy. As a part of the broader NRE Alternatives and Strategic Transactions team, they will also evaluate, and underwrite new strategic opportunities in other alternative sectors the firm may choose to invest in the future.
Evaluate potential transactions and investment returns as well as prepare and review offers, investment committee packages, financing packages, and due diligence information.
Perform underwriting and market research of potential investment opportunities using Argus Enterprise and Microsoft Excel.
Establish, develop, and maintain external relationships with key market participants, investment sales, leasing brokers, and lenders.
Maintain the ongoing tracking of NRE’s alternative housing portfolio.
Assist with sourcing new opportunities and tracking active deals in the market.
Understand and keep current on market dynamics and trends and see the input of research and other professionals in analytic activities.
Grow NRE’s business with operating partners (including developers) across sectors, as well as asset owners to identify strategic investment opportunities.
Help access under-represented emerging markets and develop relationships with potential local partners.
Bachelor's degree (BA/BS) from a four-year college or university in a relevant field of study
2-3 years of prior experience in real estate and/or investment banking
Possess strong knowledge of commercial real estate, economics, finance, valuation and financing
Self-motivated with strong analytical and quantitative skills
Excellent written and verbal communications skills
Collaborative with a proven ability to interact effectively with other functions and team leaders
Highly adaptable to changing investment landscape, ability to think creatively to add value, detail oriented and mindset for outperformance
Possess strong analytical skills, are highly proficient in Argus Enterprise and Microsoft Excel software, and have the ability to further develop, expand and maintain external relationships with key market participants
Minimum Pay: $76,500.00
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .
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