Real Estate Investment Associate Director

3w3 weeks ago

Intermediate Capital Group

London, GB · Full-time · £150,000 – £250,000

About this role

ICG continues to grow its Real Estate business to c.$7 billion AUM, with intent to at least double in size over the next 5 years. The team of 55 people spans London, Paris, Singapore and Sydney. Krysto Nikolic leads as Global Head of Real Estate for a fully integrated equity strategy.

The Asset Management team manages all portfolio positions, including distressed ones, analysing individual investment performance to enhance risk/return outcomes. This role focuses on debt strategies needing close monitoring or with complex borrower issues. Identify loans falling behind business plan but meeting covenants for value-add upside at property or funding levels.

Report to Head of Asset Management, providing input on underlying transactions across Senior Debt, Partnership Capital, Residential Finance, Sale & Leaseback, and Real Estate Opportunities. Maintain high-level understanding of the wider loan portfolio to anticipate challenges. Contribute to new deals presented to investment committee and origination process.

Join an entrepreneurial team becoming a major sector player. Build strong internal and external relationships with proven track record. Develop market knowledge in UK and Continental Europe real estate.

Requirements

Broad understanding predominantly of the UK real estate market and Continental Europe real estate markets
Established track record of interacting and maintaining long-term industry relationships
Proven team player willing to input into origination process as required
Ability to analyse performance of individual investments and identify enhancement opportunities
High-level understanding of wider loan portfolio to anticipate challenges
Knowledge of real estate debt strategies including Senior Debt, Partnership Capital, Residential Finance
Real estate understanding to spot value-add upside at property and funding levels
Experience managing positions including distressed assets in real estate portfolios

Responsibilities

Attend investment committee meetings and quarterly fund reviews to identify loans for return-enhancing initiatives on secured properties
Conduct ongoing review of positions with regular discussions with sponsors/operating partners to progress complex business plans
Underwrite initiatives to enhance returns at property or funding levels
Discuss initiatives with sponsors on relevant deals
Support Head of Asset Management and Portfolio Manager in evaluating and implementing portfolio-level initiatives
Hold regular meetings with Portfolio Management on watchlist deals not performing in line with business plan
Provide analytical and real estate input to identify value-add opportunities on monitored transactions
Input into origination process with market knowledge and broad understanding of new deals