Oct
11
7:00pm 7:00pm

Sterling Organization Recruiting Event (For Seniors & MBAs)

Please RSVP Here!

Tues. Oct. 11 at 7PM in B3560 (Blau Hall)

Based in Palm Beach, Florida, Sterling Organization is a vertically integrated private equity real estate investment and services company that has an established track record of success in the retail real estate industry. Sterling has consistently excelled in purchasing, repositioning, remerchandising, and remarketing retail real estate on behalf of itself and its partners which consist of the highest quality institutional investors.

Adam Munder, Principal and CMO of Sterling Organization (a private equity retail real estate firm) will be joining the Real Estate Club to recruit new Financial Analysts for the company's Palm Beach headquarters.

Below is a job description for Sterling's Financial Analyst position:

The Sterling Organization seeks a Financial Analyst for its Palm Beach corporate headquarters.  The Financial Analyst will have the opportunity to interface with several groups within the company and gain significant exposure to the investment, operation and leasing of commercial retail real estate.

INVESTMENTS RESPONSIBILITIES:

•Financial modeling / cash flow forecasting with IRR

•Acquisition projections

•Acquisition due diligence

•Assisting with reports to investors

•Organization of potential acquisition targets

REQUIREMENTS:

•College graduate with knowledge of commercial retail real estate, financial transactions, and financial modeling and budgeting.

•Candidate should be proficient in MS Excel and other standard business software.  Proficiency in ARGUS is preferred, but not required.

•Candidate should have excellent written and oral communication skills, and should be able to take on multiple projects simultaneously in a fast paced environment.

COMPENSATION:

Compensation commensurate with experience.  Full benefits; health and dental insurance, 401K and annual performance bonus.

Sterling Organization is a vertically integrated private equity real estate firm that has an established track record of providing exceptional risk-adjusted returns to its partners, in both relative and absolute terms. The company's national platform is focused on investing in value-add retail real estate assets and stabilized/core grocery-anchored shopping centers in major markets across the United States on behalf of Sterling’s principals in partnership with the highest quality institutional investors.Sterling Organization is a vertically integrated private equity real estate firm that has an established track record of providing exceptional risk-adjusted returns to its partners, in both relative and absolute terms. The company's national platform is focused on investing in value-add retail real estate assets and stabilized/core grocery-anchored shopping centers in major markets across the United States on behalf of Sterling’s principals in partnership with the highest quality institutional investors.

Value-Add: Sterling has $1 billion of buying power through its current fund Sterling Value Add Partners II ("SVAP II"). The characteristics we seek in our targeted Value-Add Retail real estate investments include:

Major market MSAs (see illustration at right)
Infill locations with 75,000 people within a 3 mile radius
Potential for significant income growth
Real estate fundamentals are more important than credit of tenants
Below market rents
Redevelopment opportunities
Deal size: $10 million to $1 billion
Individual deals and/or portfolios

Core/Stabilized: Characteristics of our targeted core/stabilized real estate investments include:

Grocery-anchored shopping centers
In select major MSAs where grocer is No. 1 or No. 2 of pure grocers from a market share perspective
Primary MSAs (Top 50)
Stable, predictable cash flow / Anchors have strong sales, reasonable health ratios
95%+ occupancy
Deal size: $10 million to $250 million
Individual deals and/or portfolios

Adam Munder's Bio: 

Mr. Munder is a Principal and serves as Chief Marketing Officer for Sterling Organization and its related companies. Mr. Munder's responsibilities include sourcing and aligning equity partners for appropriate investment opportunities and raising institutional capital for Sterling's closed-end discretionary funds. Additionally, he oversees investor relation matters for the company as they relate to both Sterling’s funds and both long-standing and newer investment partners. Prior to joining Sterling, Mr. Munder served as the Managing Director of Rednum Capital Partners where he managed a portfolio of retail, office and multifamily assets. Prior to his work at Rednum Capital Partners, Mr. Munder was an Institutional Product Specialist at Johnson and Johnson and served as the Institutional Sales Director at Lee Munder Capital Group.

Mr. Munder holds a B.A. from Boston College and an M.S. in Real Estate Development from New York University.

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Sep
29
5:45pm 5:45pm

Harrison Street Capital Chicago Event & Networking Table

 Recruiting Presentation for Undergraduates:

*Please RSVP Here

Thurs. Sep. 29 @ 5:45 PM in R0240

Networking Table: Sep. 30 @ 10AM - 12PM in Ross Lobby

Please join George Ross (Associate) and Rachel Abramowitz (Senior Associate) from Harrison Street Real Estate Capital for a presentation on internship and full-time opportunities with their team in Chicago, on Sep. 29 at 5:45PM in R0240 (basement of Ross). Their team will also host a Networking Table the following morning in Ross' lobby. Currently, Harrison St. is only recruiting Undergrads. Attached are George and Rachel's bios, as well as more information on Harrison Street.

_____________________________________________________________________________

Mr. Ross is an Associate in the transactions group for Harrison Street Real Estate Capital, LLC. Mr. Ross assists in the sourcing, analyzing, and closing of transactions and venture relationships within the firm's areas of specialty real estate.

Prior to joining the transactions group within Harrison Street, Mr. Ross held an internship with JFP Holdings, Ltd. as an investment banking analyst.

Mr. Ross holds a BA in Economics from the University of Michigan. Mr. Ross was one of the participants in Harrison Street's internship program in the summer of 2014.

Ms. Abramowitz is a Senior Associate in the transactions group for Harrison Street Real Estate Capital, LLC. Ms. Abramowitz assists in the sourcing, analyzing, and closing of transactions and venture relationships within the firm's areas of specialty real estate.

Prior to joining Harrison Street, Ms. Abramowitz was an Acquisitions Associate at REDICO, a real estate development and investment firm, where she focused on office, retail and senior living properties. Previously, she was an Associate in the Real Estate Investment Banking Group at Deutsche Bank, where she completed debt, equity and strategic transactions for real estate, gaming and lodging companies. She started her career at Lexington Realty Trust and Related.

Ms. Abramowitz received her M.B.A. from Columbia Business School, with a concentration in Real Estate, and a B.A. from Dartmouth College.

_____________________________________________________________________________

Harrison Street Real Estate Capital LLC* ("Harrison Street") is a leading real estate investment management firm that offers investment products for access to well-defined private and public real estate segments. Our firm's goal is to create a series of differentiated investment products that span the risk/return spectrum. Our 85+ person team is headquartered in Chicago, Illinois. Currently the firm and its affiliates manage approximately $10.9 billion in property assets and publicly traded securities through multiple investment vehicles on behalf of Sovereign Wealth Funds, Public & Corporate Pension Funds, Endowments, Insurance Companies, Foundations and Family Offices.

The firm currently manages in excess of $10.9 billion in real estate assets across the US through both commingled funds and public security products including:

  • Closed-end Opportunistic Real Estate Funds
  • Open-end Core Fund
  • Public REIT Securities

The firm has raised approximately $7.1 billion in discretionary equity capital for its private and public real estate offerings. 

The firm launched its first investment vehicle in 2006, and Harrison Street Real Estate Capital has since become a market leader for its offering of commingled real estate funds exclusively targeting the areas of Education, Healthcare and Storage real estate.  In December 2010, Harrison Street acquired a REIT Securities advisory firm, and launched Harrison Street Securities, which provides investors with actively managed commingled funds, separate accounts and mutual fund products investing in public REIT Securities. In June 2015, the firm launched an European Student Housing Opportunity Fund, targeting the acquisition and development of student housing properties throughout the UK and Europe. 

Since inception, Harrison Street has acquired or developed over 645 properties in its targeted sectors of student housing, senior housing, medical office and self storage.  These investments are in excess of $14 billion.  The Firm has also realized on $4.0 billion of investments totaling over 260 properties. 

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Sep
23
12:00pm12:00pm

Transwestern Chicago Recruiting Event (For Juniors)

Fri. Sep. 23 @ 12 PM in Robertson Auditorium (Ross School of Bus.)

Internships and Full-Time Positions for Juniors

Join key members of Transwestern Chicago's Executive Team (who are also Michigan alumni) for a recruiting presentation on Transwestern's internships and full-time opportunities for Undergraduates & Graduates, on Fri. Sep. 23 at 11AM in B0560 (New Blau Hall).

Last summer, Transwestern hired two Michigan Undergraduates as interns, and recently brought on another former Michigan intern as a full-time hire last year. The company is filled with Wolverines, and would like to continue hiring the "Leaders and Best!"

The following is more information on Transwestern:

BETTER SERVICE
Transwestern creates value and a unique, cohesive experience for owners and occupiers of all property types through a complete set of service offerings. 

AGENCY LEASING
Our specialists are as hyper-focused on building relationships as they are on enhancing value over the life of a client’s project. No matter how much we grow our global resources or market intelligence capabilities, our time-tested approach will always be people-driven and client-focused. 

TENANT ADVISORY SERVICES
Through a creative and disciplined approach, our professionals allow clients to realize unexpected value from their real estate. We challenge the conventional approach to commercial real estate because we view each assignment as much more than a transaction – it’s the beginning of a long-term relationship. 

MANAGEMENT SERVICES
Institutional owners rely on our operational excellence and proven ability to deliver quantifiable value to commercial properties. This means taking an ownership mentality with our clients’ assets and going above and beyond to deliver The Transwestern Experience. 

CAPITAL MARKETS
The trusted advisors in our Structured Finance and Investment Services teams have a broad range of experience and resources, and they work together with the singular focus of creating value and return on investment for private investors, corporations and institutional owners. 

SUSTAINABILITY SERVICES
Our operational and efficiency experts blend passion with an ownership and service mentality. As we continue to grow our capabilities and amass awards, our approach to sustainability will always be people-driven and client-focused. 

RESEARCH
Our in-house researchers deliver a higher quality of market research and actionable insights. Through a thoughtful, considered and personalized approach, they can always be counted on to customize their work to our clients’ needs.

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