Senior Accountant – Property

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY
The Senior Accountant – Property will assist the Property Accounting team in the day-to-day operations of the department. The incumbent will have a good working knowledge of accounting, financial statement presentation, and budgeting – including Generally Accepted Accounting Principles. The Senior Accountant will be responsible for maintaining accurate accounting records for projects falling under the purview of the department.
We have an amazing, unique team of people in Property Accounting who have fostered and nurtured a great team dynamic. We approach our days with a fun, positive attitude where ideas are openly encouraged and shared. Due to our approach, we’ve created a very cohesive team that is supportive and collaborative. If this environment sounds like a great fit, we would love to hear from you.

RESPONSIBILITIES
Financial Reporting & Analysis: Prepare and analyze monthly, quarterly, and annual financial reports for multiple properties, ensuring accuracy and compliance with accounting standards. Conduct in-depth variance analysis to identify discrepancies and provide recommendations for improvements in property performance.
o Review / Analyze 3rd-party provided monthly financial statements and supporting schedules.
o Prepare in-house-managed financial statements and supporting schedules.
o Review and analyze financial statements and prepare supporting documents.

Budgeting and Forecasting: Collaborate with asset management team to develop property budgets and forecasts, providing insights and recommendations for financial improvements.
o Review / analyze the annual budgeting efforts of the assigned portfolio.

General Ledger Management: Maintain property-specific general ledgers, ensuring all transactions are accurately recorded and reconciled.
o Perform complex accounting tasks such as acquisition/disposition entries, intercompany accounting, consolidations, and multi-level entity accounting.
o Provide oversight and direction to 3rd-party property accounting teams.
o Oversee accounting for investment entities, including all equity activity.
o Prepare periodic internal accounting review files for key stakeholders.

Accounts Payable/Receivable: Oversee the property-related accounts payable and receivable processes.

Lease Administration: Manage lease-related accounting activities, including rent schedules, and CAM (Common Area Maintenance) reconciliations.
o Review CAM reconciliations prepared by 3rd-party property management.
o Prepare CAM reconciliations for in-house managed properties.

Process Improvement: Continuously review and provide feedback to enhance accounting processes, systems, and controls to optimize efficiency and accuracy.

QUALIFICATIONS
•Bachelor’s degree in Accounting preferred, or comparable work experience.
•Minimum 3-5 years of solid accounting experience.
•Commercial property accounting experience preferred.
•Detail-oriented with the ability to work in a high-volume setting.
•MRI or other property accounting software knowledge is a plus.
•Solid understanding of MS Office suite, especially Excel.
•Strong organizational and planning skills.
•Ability to manage several projects/tasks at one time.
•Effective written and oral communication skills.

ESSENTIAL FUNCTIONS
1. Ability to comply with company rules and regulations.
2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
3. Ability to work independently and refer appropriate matters to the supervisor when necessary.
4. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize the computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Real Estate Counsel

COMPANY BACKGROUND

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.

RESPONSIBILITIES

•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.

QUALIFICATIONS

•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.

•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.

ESSENTIAL FUNCTIONS

•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.
•Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.

Real Estate Counsel

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.

RESPONSIBILITIES
•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.

QUALIFICATIONS
•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.
•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.

ESSENTIAL FUNCTIONS
•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.

•Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.

Real Estate Counsel

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Real Estate Counsel will be responsible for overseeing and managing all legal aspects of real estate transactions for our Company. Responsibilities include drafting and negotiating commercial leases, reviewing and negotiating letters of intent, purchase and sale agreement, contracts, and loan documents, handling all due diligence, preparing closing and other real estate related legal documents, title and survey review, completing 1031 exchange transactions, reviewing construction related documents, researching real estate laws and regulations, managing outside counsel, and providing legal advice to clients. The Real Estate Counsel will handle all aspects of leasing and purchase and sale transactions from LOI to lease execution/closing. The Real Estate Counsel should have excellent communication skills, great attention to detail, and the ability to work collaboratively with other personnel.

RESPONSIBILITIES
•Drafting commercial lease agreements and handling all lease negotiations from LOI to execution.
•All aspects of commercial real estate acquisitions and sales, including preparation and negotiation of contracts; all phases of due diligence and closing.
•Familiarity with and drafting of AIA documents related to construction of tenant improvements.
•Real estate finance, including loan document review, negotiation, and loan closings.
•Resolve title disputes and conflicts regarding zoning regulations, building codes, and other legal issues.
•Familiarity with common community formation documents a plus.
•Provide advice on any legal matters pertaining to RCS, as well as on any suits brought by or against RCS.
•Draft letters, notices and correspondence on behalf of RCS.

QUALIFICATIONS
•Strong academic credentials with a J.D. Degree.
•Admitted to practice law from any state within the United States and in good standing.
•4 – 8 years’ experience in real estate acquisitions, leasing and financing.
•Strong real estate transaction background, with significant experience negotiating and drafting commercial leases and purchase and sale agreements.
•Demonstrated strategic approach to legal problem solving.
•Impeccable communication skills, both verbal and written.
•Ability to work independently on multiple projects and be deadline focused.
•Ability to be flexible and adapt to change quickly.
•High integrity with the demonstrated ability to learn quickly.

ESSENTIAL FUNCTIONS
•Ability to comply with company rules and regulations.
•Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
•Very proficient in MS Word and ability to operate various office equipment including computer, telephone, fax, copier, calculator.
•Willingness to work long hours.
•Ability to work independently and refer appropriate matters to supervisor when necessary.
•Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to talk and hear and use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The above description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will perform other related duties assigned.

Assistant Controller

Job Title:            Assistant Controller

Job Type:            Full-Time; Exempt

Reports to:         Corporate Controller

Date:                    January 2024

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company, RCS sources deals in value-add, opportunistic and high barrier to entry markets. RCS is a solution oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

                                        

SUMMARY

The Assistant Controller is accountable for the accounting operations of RCS – the management company, and the Treasury Department.  This position supervises the Corporate Accounting Staff and the Treasury Operations Supervisor.  The Assistant Controller is responsible for the production of periodic financial reports, maintenance of the core accounting system, establishment of internal controls, and support for the creation of the annual RCS Corporate budget.

RESPONSIBILITIES

Strategy, Planning, and Management

  • Oversee RCS Corporate Accounting and Treasury departments.
  • Act as a strategic business partner to the Corporate Controller
  • Develop a top-notch accounting and treasury team focusing on people development, accountabilities, respect, and a drive for results.
  • Create and establish yearly financial initiatives and goals for your team that align with the company’s plan for growth. Track and report on the status of the initiatives and goals.
  • Mentor and develop the team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
  • Identify opportunities for process improvements in financial operations and implement efficiency-enhancing initiatives.
  • Work closely with cross-functional teams to streamline workflows and enhance overall financial controls.

Financial Analysis, Budgeting, and Forecasting

  • Assist with the preparation of the annual RCS budget, financial forecasts, and report variances.
  • Develop and maintain the operational budgets for each department.
  • Prepare and present the monthly budget vs actual reports for the corporate entity.
  • Conduct regular financial analyses to assess the company’s financial performance and provide actionable insights to senior management.

Accounting and Reporting

  • Execute and lead all monthly, quarterly, and annual accounting closes, including setting the reporting calendar with specific timeline and deadlines to meet all reporting requirements.
  • Maintain chart of accounts, user security, and support tickets issued in the core accounting systems to identify potential problems (MRI, Avid, Ebill, Chrome River, Billable Time).
  • Assist in the development and implementation of financial policies, procedures, and controls to ensure compliance with regulatory requirements and industry best practices.
  • Assure conformity with professional accounting standards and best practices and in accordance with GAAP when applicable.
  • Collaborate with internal and external auditors to facilitate the audit process and ensure compliance with accounting standards when required.

Financial and Cash Management

  • Manage the cash flow planning process and ensure funds availability and the maintenance of minimum required cash balances.
  • Review the daily cash position and optimize the utilization of available funds.
  • Maintain and enhance cash forecasting models to ensure adequate liquidity for ongoing operations and investment opportunities.
  • Work with corporate teams to maintain banking relationships and strategic alliances with vendors and business partners.
  • Coordinate the opening and closing of bank accounts, ensuring compliance with regulatory guidelines.
  • Monitor banking services, fees, and performance, and negotiate favorable terms for the company.

PREFERED REQUIREMENTS

  • Financial Management
  • Business Acumen
  • Communication Proficiency
  • Ethical Conduct
  • Personal Effectiveness/Credibility
  • Problem Solving/Analysis
  • Strategic Thinking
  • Technical Capacity

QUALIFICATIONS

  • Bachelor’s degree in accounting required with a master’s degree preferred.
  • Certified Public Accountant (CPA) or equivalent, or an advanced degree preferred.
  • Five or more years of solid accounting experience, with a minimum of two years of management experience
  • Detail oriented with ability to work in high volume setting.
  • MRI and Sage Timberline software knowledge a plus
  • Solid understanding of all products in Microsoft Office Suite, proficient with MS Excel is a must, good working knowledge of Word and PowerPoint would be a plus.

ESSENTIAL FUNCTIONS

  1. Ability to comply with company rules and regulations.
  2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
  3. Ability to operate various office equipment including computer, telephone, fax, copier, calculator.
  4. Ability to work long hours.
  5. Ability to write and see things in close proximity.
  6. Ability to work independently and refer appropriate matters to supervisor when necessary.
  7. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize the computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Please go to LinkedIn and apply or send your cover letter and resume to [email protected]

 

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Source: Opinion: The Marshall fire showed climate change has come to our backyard

Vice President of Acquisitions

Job Title: Vice President of Acquisitions
Job Type: Full-Time; Exempt
Reports to: Chief Acquisitions Officer
Date: July 2022

COMPANY BACKGROUND
Real Capital Solutions is a highly entrepreneurial Real Estate Investment Company pairing active capital with an emphasis on street level solutions. As an active investment management company, we source value-add, opportunistic, development and longer term hold investment opportunities in a variety of markets. RCS is a solutions-oriented real estate company that focuses on Acquisitions, Development, Management and Sales for highly complex and structured real estate opportunities. With 35 years of operational and real estate expertise, we have delivered returns that are in the top 5% of private equity real estate firms in the US.


SUMMARY
The VP of Acquisitions will generate new acquisitions, joint venture investments and development opportunities. This position will evaluate each new commercial opportunity to determine whether the investment meets certain key criteria. Serves in a deal structuring capacity and oversees the investment analysis, underwriting, due diligence coordination, contract and partner negotiations, equity and financing packages, and risk analysis involved in the purchase and investment plan for the asset. He/she will also be involved in the equity capitalization and debt financing process. This includes working with the capital markets team to coordinate the presentation of the investment to both internal and external equity sources as well as various debt providers.

KEY ACCOUNTABILITIES
Source and underwrite potential acquisition and development deals
• Develop initial business/investment plan for rents, capital improvements, operational changes, and sale
• Present to the Investment Committee
• Work directly with senior executives to continually refine investment strategy
• Work with financing team to source, quote, and place project‐level financing
• Negotiate directly with sellers and brokers to secure acquisitions on best possible terms
• Develop detailed business plans for Investors approval including the modeling of financial projections with detailed capital and operating budgets
• Underwrite and perform due diligence
• Manage the real estate investment process, including monitoring construction draws and change orders and the execution of acquisition and renovation/development plans
• Develop annual operating and capital budgets with the financial team
• Underwrite prospective deals in a clear, transparent way that serves our investment committee and investors well and then execute on those deals to close them quickly, reliably, with well‐managed risk and with a smooth turnover to asset management, providing a clear repositioning and/or value creation strategy for the asset.


QUALIFICATIONS
Bachelor’s degree in engineering, construction, real estate or related field.
• Master’s degree in Real Estate or MBA is a plus.
• 7 – 10 years of real estate acquisitions experience.
• Real estate acquisition underwriting experience is required
• Excellent quantitative, analytical, and problem-solving skills
• Strong interpersonal and management skills
• Ability to approach problems both logically and creatively
• Excellent organizational and strategic planning skills
• Proficient in Microsoft Office Suite
• Strong understanding of Argus lease analysis software
• Understand deal structuring, waterfalls, development and generate creative solutions to maximize investor returns
• Excellent communication skills, both oral and written
• Ability to create financial models is essential
• Excel in a high-impact position within a fast-paced, deadline-driven environment
• Highly organized with a keen sense of moving things forward to positive end results
• Willingness and ability to travel up to 20%, travel frequency intermittent.

DESIRED PERSONAL TRAITS
Passion and loyalty for the company.
• Ability to think analytically and problem solve, combined with a willingness to ask questions and work collaboratively.
• Hard-working team player, positive and enthusiastic.
• Highly organized and detail-oriented self-starter.
• Ability to work under time pressures with multiple priorities while able to meet deadlines with accuracy.
• Discretion with confidential information.
• Comfort with ambiguity and working in a fast-paced environment.
• Very driven and competitive
• Willing to work extremely hard
• Self-motivated

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Senior Analyst

Job Title: Senior Analyst

Job Type: Full-Time; Exempt

Reports to: Director – Acquisitions

Date: March 2022

COMPANY BACKGROUND

Real Capital Solutions is a highly entrepreneurial real estate investment company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on acquisitions, development, and management for highly complex and structured real estate opportunities. RCS has over 35 years of operational and real estate expertise with returns that are in the top 5% of private equity real estate firms in the US.

SUMMARY

The Senior Analyst position will assist in the acquisition of commercial properties, expected to include the following product types: industrial, office, retail, multifamily and hospitality with a current focus on office and industrial.  This individual will have strong financial and written communication skills and prior commercial acquisitions or asset management underwriting experience as a real estate investment analyst.

RESPONSIBILITIES

  • Creating proformas
  • Along with the VP of Acquisitions, presenting deals to company founder and investment committee.
  • Drafting offers
  • Reviewing legal agreements
  • Review and analyze leases and rent rolls
  • Collect and analyze due diligence information
  • Market research and analysis
  • Research and identify new investment opportunities
  • Create loan request packages
  • Create equity request packages
  • Draft investment memos and update reports
  • Business analysis
  • Creating contract exhibits
  • Assist in the periodic reforecasting of investments
  • Perform asset management analysis, including business plan modifications, market analysis updates, etc.
  • Assisting the team with the many other duties involved in acquiring and supporting the asset management of commercial assets.

To be able to perform the job, this individual will have the following:

  • Strong financial skills and experience underwriting commercial real estate assets.
  • Proven Excel, Argus, writing, and communication skills with sound judgment are a must.
  • Limited travel to visit potential acquisition deals is required

QUALIFICATIONS

We anticipate this position will be demanding; therefore, we seek candidates who are:

  • Undergraduate degree in Finance, Accounting or Economics (or related work experience)
  • Excellent MS Excel, MS Word, MS PowerPoint, communication, and writing skills
  • Excellent Argus valuation software skills required!
  • 3+ years of real estate underwriting and investment experience
  • Driven and ambitious
  • Self‐motivated
  • Strong writing skills
  • Creative and highly analytic problem solver
  • Strong research skills

ESSENTIAL FUNCTIONS

  1. Ability to comply with company rules and regulations.
  2. Ability to communicate effectively and courteously with internal and external customers through two-way verbal and written communication (speech, hearing, and writing).
  3. Ability to operate various office equipment including, computer, telephone, fax, copier, calculator.
  4. Ability to work long hours.
  5. Ability to write and see things in close proximity.
  6. Ability to work independently and refer appropriate matters to supervisor when necessary.
  7. Ability to comprehend written and verbal communication.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

RCS Joins Lowe in Joint-Venture Ownership of Prominent Washington Resort

DENVER – Sept 28, 2021 – Real Capital Solutions (RCS) has partnered with Los Angeles‐based Lowe in the ownership entity of Suncadia Resort, a 6,400‐acre premier all‐season resort located 80 miles outside of Seattle, Washington. The recapitalization establishes Real Capital Solutions of Denver, Colo. as a member and majority owner of Suncadia Resort, LLC.

Lowe will continue as Suncadia’s managing member, asset manager and development manager of the ongoing development of the Suncadia and Tumble Creek communities. Lowe’s hospitality subsidiary, CoralTree Hospitality, continues to manage the lodging options and amenities at the Resort through a Destination by Hyatt franchise.

“The addition of Suncadia is a major accomplishment for Real Capital Solutions (RCS),” said Managing Vice President of Acquisitions, Adam Abeln. “The Suncadia community has been under Lowe’s oversight for nearly two decades. We are excited to work with a partner that we can trust to handle the many complexities associated with operating a growing world‐class resort community.”

The esteemed resort offers top‐tier amenities such as residential and vacation rentals, luxury lodging, two championship golf courses, a renowned on‐site spa and more. The year‐round Destination by Hyatt property overlooks the Cle Elum River Valley and is surrounded by Washington’s treasured Cascade mountain range.

“With a committed partner in Real Capital Solutions, we will maintain the resort’s high standards and expand and improve the property as we continue to deliver on our original vision for Suncadia as a premier all‐season destination that provides a superior experience our guests and residents for generations to come”, said Rob Lowe, co‐CEO of Lowe.

Real Capital Solutions brings extensive experience with developing high‐end resort and golf communities, and other luxury developments throughout coastal California, Florida., Oregon, and Colorado. Real Capital Solutions and Lowe have a successful track record of collaboration including a previous partnership in a residential investment and development project in the Denver area.

_____

About Suncadia Resort

Located 80 miles east of Seattle, the 6,400‐acre Suncadia Resort features guest suites and penthouses, a variety of upscale rental homes, several dining options, a LEED Silver‐Certified spa, swim and fitness center, two championship golf courses (Prospector and Rope Rider), and conference facility. Suncadia offers several real estate opportunities, including the Tumble Creek, an exclusive enclave spanning 2,600 acres with a collection of homes and homesites and community amenities that include a private Tom Doak golf course, The Hill House, The Golf House, and The Great House. As Washington’s premier all‐seasons mountain destination, Suncadia offers unlimited recreational activities, such as hiking, biking, fishing, river floating, axe throwing, and horseback riding, along with cross‐country skiing, ice skating, sledding, tubing and snow shoeing.

For more information, visit www.suncadia.com, and follow along on Facebook and Instagram.

About Lowe

Los Angeles‐based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm. Over the past 49 years, it has developed, acquired or managed more than $32 billion of real estate assets nationwide as it pursued its mission to build value in real estate by creating innovative, lasting environments and meaningful experiences that connect people and place. Lowe currently has more than $1.5 billion in commercial real estate projects in the pipeline or under development. In addition to its Los Angeles headquarters, Lowe maintains regional offices in Southern California, Northern California, Charleston, Denver, Seattle, and Washington, DC.

Lowe’s hospitality affiliate, CoralTree Hospitality, operates numerous hotel and resort properties across the US including Suncadia Resort through a franchise of the Destination Hotels brand with Hyatt Hotels.

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