Job Description

JLL supports the Whole You, personally and professionally.



Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you've got deep experience in commercial real estate, skilled trades, and technology, or you're looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.



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Team Overview:

The Value-Add Investments team is a specialist business unit which invests client capital into pure and structured real estate equity investments across Europe, covering a broad spectrum of asset classes both directly, and via strategic relationships with operating partners (across living, retail, hospitality, office, and a variety of other niche sectors). The team is led by Blake Loveless who was previously at Meyer Bergman and founded Jackyl. The team manages a number of existing accounts and has recently secured a new $200m equity commitment to deploy in value-add strategies across Europe and the UK, with a target fund raise of $500m equity commitments over the next 3 years.

Role:

The role will be focused on supporting the team with asset and portfolio management. The candidate will be responsible for analysing complex investment opportunities and supporting team members on all aspects of the investment process, including deal screening, underwriting, due diligence and subsequent investment management including client reporting. The candidate will be competent in financial modelling, regularly interact with external advisors, perform detailed due diligence, as well as preparing materials for both investment committee discussions, external client presentations and regular client reporting. The team is looking for entrepreneurial candidates who aren't afraid to bring good ideas to the table.

Accountabilities:

Independently performing investment management workstreams pertaining to existing AUM under the team's remit including:

Financial Analysis:

Independently perform financial modelling, buy/hold/sell analysis, and evaluation of lease events for existing AUM under the team's remit.

Strategic Asset Management & Reporting:

Oversee operational performance provided by operators, financing processes, decarbonization initiatives, development/refurbishment monitoring,.



Preparation of fund and asset-level reporting including preparation of periodic asset reviews.



Preparation of internal investment committee materials and external client presentations on topics related to investment management workstreams.



Leading the third-party valuation process for the portfolio in compliance with specific mandates.



Contribution to the review of business plans for potential acquisitions in collaboration with the transactions team.



Liaison and coordination with internal LaSalle departments and external counterparties (e.g. operating partners, due diligence advisors etc) on investment management workstreams.

Required Qualifications & Experience:

2-5 years of experience years of experience in real estate asset management, portfolio management, or related roles.



Prior work experience in real estate private equity and/or development, real estate investment banking, institutional commercial real estate lending, with relevant deal specific exposure in Europe.



Understanding of property fundamentals (including operational assets and business plans) across a wide set of asset classes, as well as a strong interest in real estate investment.



Must be proficient in Excel financial modelling (i.e. cash flow/DCF/LBO/integrated corporate models) and experienced in PowerPoint. A detailed modelling test will be part of the interviewing process.



Familiarity with more complex capital structures; including but not limited to preferred equity and mezzanine structures.



Strong time management skills with ability to prioritise and work on a variety of projects simultaneously.



European languages an advantage, although not a must.



LaSalle is an Equal Opportunity Employer and encourages applications from all sections of the community



If this job description resonates with you, we encourage you to apply even if you don't meet all of the requirements below. We're interested in getting to know you and what you bring to the table!



Personalized benefits that support personal well-being and growth:



JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.



About JLL -



We're JLL--a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That's why we're committed to our purpose to shape the future of real estate for a better world. We're using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.



Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we're honored to be recognized with awards for our success by organizations both globally and locally.



Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we're headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.