Harrison Street Asset Management ("HSAM") is a leading global alternative investment management firm focused on real estate, infrastructure, and credit strategies across North America and Europe. Headquartered in Chicago, Toronto, and London with offices across North America, Europe, Asia and the Middle East, the firm has over $108 billion in assets under management on behalf of institutional investors and registered investment advisors globally.
Founded on a culture of innovation, HSAM is an early mover in alternative real estate and mid-market infrastructure. Today, the firm’s global team, consisting of more than 520 professionals, is committed to creating long-term value through deep sector expertise and forward-thinking strategies.
Harrison Street Asset Management (“HSAM”) is seeking a two-year Associate to join the Transactions team in our New York office. The Associate will play a key role in the evaluation, underwriting, and execution of new real estate investment opportunities across sectors with a focus on major asset classes (multifamily, office, industrial, and retail) as well as exposure to alternatives (senior housing, student housing, medical, and digital). The position will support both equity acquisitions and credit originations efforts on behalf of HSAM’s Transactions team in a collaborative, fast-paced environment. The ideal candidate will be motivated, detail-oriented, and demonstrate a combination of applicable work experience and a passion for real estate investing.
Responsibilities:
- Support the acquisition and execution of new equity investments across the risk-return spectrum (core to opportunistic) as well as credit originations across the debt capital stack (senior loans, mezzanine loans, public securities, and preferred equity).
- Develop and maintain detailed financial cash flow models and sensitivity analyses to evaluate potential investments, including valuation, return performance, risk, and capital structuring.
- Conduct market research, asset-level diligence and comparative operational analyses.
- Prepare and present in pipeline meetings, deal screening sessions and investment committees, summarizing key underwriting assumptions, loan structure, market, risks and mitigants.
- Coordinate with internal and external stakeholders, including legal counsel, lenders, and operators, to drive transaction execution from transaction sourcing through closing.
- Conduct in-depth sector and market research to support investment initiatives and to identify emerging trends and investment opportunities.
Requirements:
- Bachelor’s degree in Finance, Real Estate, Economics, or a STEM-related field with a strong financial analysis record.
- 3 years of experience in real estate or investment banking, with direct exposure to real estate underwriting and transaction execution.
- Advanced financial modeling and analytical skills, including proficiency in Excel and PowerPoint; experience with Argus strongly preferred.
- Highly organized with excellent attention to detail, capable of managing multiple deals and deadlines in a fast-paced environment.
- Strong written and verbal communication skills, with ability to synthesize complex analyses into concise recommendations.
- Self-motivated, collaborative, and intellectually curious, with a demonstrated interest in real estate investing.
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