Job Details

Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do:  PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 45,600 beds* – and has a pipeline of over 45,000 beds* in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of November 2024

Benefits That Matter

• A culture that provides you a sense of belonging
• Remote work to balance personal and professional needs
• Competitive pay that values your contributions
• Annual incentive to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 16 holidays to celebrate with those who matter most
• Paid Family Leave Plan that begins after 90 days
• No meeting weeks to concentrate on what's important
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including yearly subscription to HeadSpace
• An environment that provides you a voice to share your perspectives

Position Overview

We are seeking to hire an Analyst to join our Asset Management Team.  This position provides vital analytical support in strategic company decision-making to maximize the financial performance of the Portfolio.   The Associate will be an integral part of Core Spaces’ Asset Management Team, reporting the financial and operational health of Core’s student housing properties to various internal and external constituents.  The Analyst will work to maintain a detailed pulse on each property and identify opportunities for improvements. 

What You Will Do

• Provide general analytical and organizational support to the Asset Management Team in oversight of leasing, budgeting, financing, and operations.
• Participate in the annual budgeting process including preparation and review of historical results, creating portfolio summaries, and coordination with the operations team.
• Create and develop portfolio performance reports for executive team and equity partners.
• Analyze leasing performance and work with Asset Manager to provide recommendations on rental rates and leasing specials.
• Track and Negotiate Retail leases and prepare Retail CAM reconciliations.
• Consolidate and distribute market reports to equity partners.
• Work with Operations, Property Accounting, and other key internal stakeholders to meet deadlines for internal and external reporting.
• Occasional travel may be necessary as needed
• Perform all other duties and tasks as assigned by management
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, you'll have

• Bachelor’s Degree in Finance, Real Estate, Accounting, Economics, Statistics, Applied Mathematics.
• Knowledge of and experience with commercial real estate fundamentals and investment principles.
• 0-2 years of professional experience.
• Advanced financial modeling skills, Microsoft Excel, Word, and PowerPoint skills.
• Strong analytical skills and attention to detail.
• Works well independently and as a member of a team.
• Excellent written and verbal communication skills.
• Committed to excellence and high standards.
• Demonstrates utmost level of integrity in all instances, and shows respect towards others.
• Willingness and ability to travel occasionally, paid by the company.
   

Organizational Structure

Reports to: Manager, Asset Management

Base salary starts at $80k annually, with final compensation dependent on experience and qualifications. Includes a bonus opportunity starting at 10% of the annual base salary, based on individual and company performance.

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.