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AJ Capital Partners

Associate, Investments

AJ Capital Partners, Chicago, Illinois, United States, 60290


Department:

Investments Reports to:

Vice President, Investments Location:

Chicago, IL This role will be performed onsite in the Chicago office. Adventurous Journeys Capital Partners (“AJCP”) is seeking an Associate to join the Investments team to assist in analyzing/managing new and existing investment opportunities, and support its rapid growth across various investment platforms focused on the hospitality, mixed-use, and single-family rental sectors. ABOUT AJCP AJCP is a vertically integrated real estate investment manager anchored by the core principles of hospitality, placemaking, and residentially inspired design. Founded in 2008, AJCP is headquartered in Nashville, TN, with offices in Chicago, Miami, San Francisco, New York and New Orleans. With over $5.3 billion of fair market value in current real estate investments, AJCP’s deeply-rooted hospitality experience has transpired to other mixed-use real estate including single-family housing, inspired office, retail, music venue and multi-family developments. Today, AJCP has grown to oversee approximately 130 in-house employees including investment, development, design, asset management, portfolio management and accounting professionals, each with diverse competencies and real estate-related skill sets. AJCP believes this vertical integration produces significant value-add efficiencies and increased investment opportunities through an expanded industry network. For more information on AJCP, please visit

www.ajcpt.com ABOUT THE ROLE The Associate will be responsible for supporting all aspects of the investment process including, but not limited to, underwriting, market analysis, coordination of due diligence, preparation of investment memorandums and executive-level presentations, business plan ideation and evaluation, creation of investor materials, closing logistics, and investment management analysis, such as liquidity analysis, refinance analysis, quarterly investment update reports. The role will interface directly with a variety of groups within AJ Capital Partners including Asset Management, Capital Markets, Design, Development, Investor Relations, Marketing, and Portfolio Management. WHAT YOU WILL DO Underwrite a variety of hospitality, retail, food & beverage, mixed-use, music venues, and other real estate investment opportunities using Excel-based underwriting models, including complex cash flows with fund/partnership waterfall modeling. Help coordinate the origination of acquisitions and debt financings, including preparing offering materials, responding to lender due diligence requests, tracking offers, modeling proposals, and managing the closing process. Conduct market analysis for real estate acquisition targets. Support the due diligence process across all aspects of the transaction including physical, financial, legal, and operational due diligence. Maintain data rooms and facilitate communication between key stakeholders (including sellers, brokers, joint venture partners, financial institutions and legal) and coordinate transfer of materials. Prepare investment memorandums for the firm’s investment committee. Create executive-level presentations to support the deal process, including preparation of RFP responses and ad hoc presentations to other external and internal parties. Assist with the closing process including coordination with title companies on settlement statement and escrow, confirmation of insurance, and obtaining necessary internal approvals. Work in collaboration with the asset management, portfolio management, capital markets and on-property management teams in a “cradle-to-grave” approach, to provide investment support for operating forecasts, capital expenditure plans, liquidity analysis, and other needs. WHO YOU ARE AJCP is seeking a highly-motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. The ideal candidate will have extensive experience with real estate acquisitions, development, capital markets and commercial real estate finance, structures and strategies. This role also requires the following capabilities: Meticulous attention to detail. Strong written and verbal communication skills. Ability to draw conclusions from research and data analysis and communicate them effectively. Highly motivated, organized, disciplined, and self-directed individual who is eager to learn, deals well with uncertainty at times, and can multitask efficiently. Ability to work well and communicate effectively with a broad range of individuals and professions and foster working relationships with all members of the team and outside parties. Critical thinker with an ability to solve complex problems. Ability to work and coordinate against firm deadlines. High degree of professionalism, ethics, and a strong work ethic driven by a desire for quality. Ability to work flexible and extended hours (including possibly on weekends) to accommodate increased workload/projects. YOUR QUALIFICATIONS Required: Bachelor’s degree in finance, real estate, or related discipline. 3+ years of relevant experience in real estate investment or investment banking. Advanced Microsoft Excel skills and real estate financial modeling experience (technical modeling test part of the interview process). Intermediate Microsoft PowerPoint skills and presentation-making experience. Experience with other Microsoft Office products (Word, Outlook, etc.). Ability to travel up to 20%. Equal Employment Opportunity: AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on race, color, creed, religion, sex, age, national origin or ancestry, physical, medical or mental disability or condition (including, without limitation, HIV and AIDS), developmental disability, handicap, denial of family and medical care leave, denial of pregnancy leave, domestic partner status, status as a victim of sexual or domestic violence (or familial relationship to such victim), veteran status, marital status, sexual orientation, arrest records, citizenship status, criminal history that has been expunged, unfavorable discharge from the military, or any other basis protected by federal, state or local laws.

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