Data Center Development
Location:
Washington, DC
Company Description:
Our client is a U.S. based private investment firm focused on global real estate. Over the last 30+ years, it has raised in excess of $80 billion of capital and invested in over $245 billion of assets in every major real estate asset class. The Company currently has approximately $115 billion in assets under management.
Position Description:
With a rapidly expanding portfolio of Data Centers, our client is seeking an associate to focus on the oversight and management of Data Center developments throughout the U.S. The associate will be based in the Washington, DC office and play a key role in a high performing team.
RESPONSIBILITIES:
- Overseeing asset business plan development and implementation for Data Centers including development oversight, sales/dispositions, potential follow-on acquisitions, refinancings, and leasing
- Execute development plans by coordinating with architects, engineers, contractors, or other consultants as needed to ensure that construction projects proceed according to schedule
- Work with Data Center Analyst to build, maintain, and monitor financial models in Excel
- Create, monitor, track and interpret project data including due diligence materials, contracts, schedules, budgets, and cash‐flows on an on‐going basis
- Work on special projects including hold-sell analysis and evaluation of refinancing
- Conduct market and data center sector assessments and making recommendations based on results
- Interact with joint venture partners, tenants, and third-party service providers and help to manage those relationships
- Author investment committee memos, executive reports, presentations, and offering materials
- Assist in other special projects and assignments as they may arise from time‐to‐time
QUALIFICATIONS:
- Experience in an analytically rigorous Real Estate development role, including exposure to real estate finance and capital strategy, preferably with experience working in a private equity firm
- Must like a fast‐paced, multi‐tasking environment
- Advanced Excel experience, strong analytical and financial modeling skills including preparing Excel pro-formas, an in‐depth understanding of financial modeling including cash‐on‐cash returns, IRR analysis, and discounted cash flow
- Strong organizational skills with an ability to perform tasks and achieve results independently and as part of a team, consistently meet deadlines and prioritize multiple assignments effectively in a dynamic work environment
- Ability to present information in both oral and written form in a clear and concise manner
- Data Center experience is not required but a plus; interest in Data Center sector is required
- MBA in real estate, finance, or related area and/or Bachelor’s degree in real estate, finance or business
To learn more about this position, contact: Christine Pinkerton | (919) 679-9149 | cpinkerton@crownsearch.com