The Associate will evaluate, underwrite, and execute real estate investment opportunities while conducting market research and financial modeling.
Harrison Street Asset Management ("HSAM") is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe. Headquartered in Chicago, Toronto, and London with offices across North America, Europe, Asia and the Middle East, the firm has over $108 billion in assets under management on behalf of institutional investors and registered investment advisors globally.
Founded on a culture of innovation, HSAM is an early mover in alternative real estate and mid-market infrastructure. Today, the firm’s global team, consisting of more than 520 professionals, is committed to creating long-term value through deep sector expertise and forward-thinking strategies.
Harrison Street Asset Management (“HSAM”) is seeking a two-year Associate to join the Transactions team in New York. The Associate will play a key role in the evaluation, underwriting, and execution of new real estate investment opportunities across sectors with a focus on major asset classes (multifamily, office, industrial, and retail) as well as exposure to alternatives (senior housing, student housing, medical, and digital). The position will support both equity acquisitions and credit originations efforts on behalf of HSAM’s Transactions team in a collaborative, fast-paced environment. The ideal candidate will be motivated, detail-oriented, and demonstrate a combination of applicable work experience and a passion for real estate investing.
Responsibilities
- Support the acquisition and execution of new equity investments across the risk-return spectrum (core to opportunistic) as well as credit originations across the debt capital stack (senior loans, mezzanine loans, public securities, and preferred equity).
- Develop and maintain detailed financial cash flow models and sensitivity analyses to evaluate potential investments, including valuation, return performance, risk, and capital structuring.
- Conduct market research, asset-level diligence and comparative operational analyses.
- Prepare and present in pipeline meetings, deal screening sessions and investment committees, summarizing key underwriting assumptions, loan structure, market, risks and mitigants.
- Coordinate with internal and external stakeholders, including legal counsel, lenders, and operators, to drive transaction execution from transaction sourcing through closing.
- Conduct in-depth sector and market research to support investment initiatives and to identify emerging trends and investment opportunities.
Reqirements
- Bachelor’s degree in Finance, Real Estate, Economics, or a STEM-related field with a strong financial analysis record.
- 3 years of experience in real estate or investment banking, with direct exposure to real estate underwriting and transaction execution.
- Advanced financial modeling and analytical skills, including proficiency in Excel and PowerPoint; experience with Argus strongly preferred.
- Highly organized with excellent attention to detail, capable of managing multiple deals and deadlines in a fast-paced environment.
- Strong written and verbal communication skills, with ability to synthesize complex analyses into concise recommendations.
- Self-motivated, collaborative, and intellectually curious, with a demonstrated interest in real estate investing.
Harrison Street Asset Management is proud to be an equal opportunity employer committed to diversity, equity and inclusion in the workplace and is an affirmative action employer. All qualified applicants will receive consideration for employment without regard to veteran status, uniform service member status, race, color, religion, sex, national origin, age, physical or mental disability, genetic information or any other protected class under federal, state, or local law.
If you require accessibility assistance applying for open positions, please contact our ADA Accessible Line at (312) 920-0500 or [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
Harrison Street Asset Management does not accept unsolicited headhunter and agency resumes. HSAM will not pay fees to any third-party agency or company that does not have a signed agreement with HSAM.
Top Skills
Argus
Excel
PowerPoint
Similar Jobs
Digital Media • Fintech • Gaming • Machine Learning • Music • Software
Lead the credit underwriting function, develop risk models, manage teams, and create credit strategies for diverse portfolios in a growing fintech.
Top Skills:
ExcelPythonSQL
Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Responsible for product management of alternative credit data product lines, overseeing teams, driving commercial success, and managing global product strategies and relationships.
Top Skills:
Data AnalyticsData Management
Artificial Intelligence • Professional Services • Business Intelligence • Consulting • Cybersecurity • Generative AI
The Product Management Manager at PwC oversees technology initiatives, guiding teams and mentoring staff to enhance client experiences and drive innovation.
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
