Senior Investment Associate - Fargo

Company: Sterling Management, LLC
Location: Fargo
Posted on: April 25, 2025

Job Description:

Join Sterling Management - the most reliable, well-managed and transparent REIT management firm.

Is this the next step in your career Find out if you are the right candidate by reading through the complete overview below.

The Senior Investment Associate (Senior IA) plays a critical role in supporting Sterling Management's investment strategy by assisting in the prospecting process, conducting underwriting, financial modeling, and market research to source new investment opportunities for Sterling Management. The Senior IA will work closely with the Vice President of Investments (VPI) and Chief Investment Officer (CIO) to acquire strong, stable, accretive, cash flowing investments into the REITs Sterling Management advises.
The Senior IA will assist in helping Sterling Management procure accretive, stable, cash flowing investments for our shareholders. This role involves analyzing market trends, evaluating property-level financials, and supporting the transaction process from prospecting to closing. The Senior IA will collaborate with internal teams and external parties to develop expertise in key markets and ensure smooth and efficient acquisition processes.
At Sterling, our company's vision is to be the most reliable, well-managed, and transparent REIT management firm in the United States. Our mission is to provide low-risk and income-producing real estate investment opportunities to our investors. Ultimately, Sterling exists to serve investors by providing solid and consistent returns. The Director of Treasury and Investor Relations role strengthens our Company's mission and vision as an individual contributor supporting the Finance and Accounting Department.
Performance Responsibilities:
--- Conduct in-depth research on current and prospective markets; including but not limited to economic, demographic, and financial indicators to aid the investment decision making process.
--- Create, maintain and update databases of industry contacts and market data with the guidance and assistance of the VPI and CIO.
--- Monitor transaction activity within our core markets to capture a complete picture of market participants and potential opportunities (acquisition and disposition).
--- Utilize, refine and improve financial models to assess potential acquisition target's viability and investment potential.
--- Refine and improve financial modeling tools, activity databases, and market data reports.
--- Lead the development of a comprehensive database of industry contacts and property intelligence.
--- Assisting the VPI and CIO in the prospecting process as needed by networking or reaching out to key individuals.
--- Work with internal teams, including asset management, legal, finance, and property management, to facilitate transactions.
--- Mentor and guide Investment Associates, helping to develop their technical skills, business acumen, and overall performance.
Experience, Education, and Licensure:
--- Bachelor's degree in real estate, finance, economics, or a related field required.
--- 3 years of experience in real estate underwriting, financial analysis, or a related role, required.
--- Strong financial modeling expertise is required.
--- Proficiency in Microsoft Suite including Outlook, Word, and Excel required.
--- Proficiency of the English language in reading, writing, and verbal communication.
--- Proven analytical skills in terms of numeric (e.g. spreadsheets) and text based (e.g. reading terms and conditions) analysis.
--- Detail-oriented with excellent organizational and time management skills.
--- Commitment to quality and deadlines when delivering work in collaboration with colleagues and third parties.
Benefits:
--- Comprehensive Health, Dental, and Vision Insurance plans.
--- Health Savings Account (HSA) and Flexible Spending Accounts (FSA).
--- 401(k) Retirement Plan with company match.
--- Paid Time Off (PTO), including Paid Holidays, Paid Personal Leave, and Paid Volunteer Time.
--- "YOU" Days - One additional paid day off per quarter.
--- Continued career growth and development.

Sterling Management is an Equal Opportunity Employer (EEO) dedicated to building an inclusive and diverse workforce.

Keywords: Sterling Management, LLC, Fargo , Senior Investment Associate - Fargo, Accounting, Auditing , Fargo, North Dakota