Not the Same Game

Real estate, especially retail malls and shopping centers, has been at the center of most discussions about digital disruption. At the same time, WeWork and its ilk have changed the game for the commercial office sector.  

But hold on and fasten your seatbelts, because the game has just begun. Softbank recently launched a $100-billion fund with a mission to invest in entrepreneurial technology. They are providing an overwhelming amount of capital to startups that are out to revolutionize real estate. 

The fact that venture capitalists have created the “PropTech” category of investment for real estate indicates that opportunities to disrupt an old-line business sector abound. In New York City alone, there are currently 575 technology start-ups that are focused on real estate.

These ventures have the best and the brightest minds focusing on how they will disrupt the way business is done. For some, this is an exciting development. Yet for others who are not equipped to deal with change, the game may soon be over.

Job Listings

  BREATHER Real Estate Associate, San Francisco (SAN FRANCISCO) Associate will support Breather’s West Coast (San Francisco and Los Angeles) growth efforts, from initial research and site selection to lease execution and location launch. Position will assist with all aspects of local locations growth, including scouting new locations; conducting site visits; preparing documentation, financial models, analysis and investment memoranda; and coordinating with construction personnel and designers to developing construction plans, work letters, cost estimates and schedules.     GRAMERCY PROPERTY TRUST  Junior Property Manager (FORT WASHINGTON, PA) Manager will act as a single point of contact for tenants with overall responsibility for the planning and coordinated delivery of all management services. Additional duties include: responding to tenant calls and emails to ensure positive customer relations; establishing open communications with tenants; and maintaining technical proficiency, industry knowledge and communication skills to provide timely information on property-specific issues.     OREGON STATE TREASURY  Real Estate Investment Officer (TIGARD, OR) Position will support the day-to-day investment and administrative activities of the Real Estate Portfolio, and share the ongoing oversight of various investments with the Senior Real Estate Investment Officer. The Real Estate Portfolio seeks to provide a source of diversification for OPERF and, with a focus on durable current income and predictable cash flows, provide OPERF less correlation to equity risks, public or private, as well as partial inflation characteristics.     METLIFE REAL ESTATE INVESTMENTS  Senior Analyst, Agricultural Investments  (FRESNO, CA) Position will provide an introduction to the various aspects of an insurance Company’s agricultural mortgage platform. Selected candidate will have an opportunity to develop analytical capabilities in the institutional agricultural lending and investment management fields, while significantly enhancing personal credentials and building relationships with borrowers and professionals across Agricultural Finance as well as other business units within MetLife Investments.     LINCOLN PROPERTY CO. Senior Property Accountant Atlanta  (ATLANTA) Duties include: preparing financial statements and management reports for third-party managed commercial properties; reviewing accounts receivable and accounts payable, expense accruals, bank account reconciliations, etc., for all properties; analyzing financial information detailing assets, liabilities, and capital; and maintaining timely cash recording and monitor daily cash balances.     LANTOWER RESIDENTIAL  Senior Asset Manager  (DALLAS) Senior Asset Manager will be responsible for overseeing a portfolio of multifamily apartments, which includes formulating and executing asset management strategies and managing the additions to and sales from the portfolio.     EVEREST HEALTHCARE PROPERTIES  Senior Analyst, Acquisitions and Underwriting  (SCOTTSDALE, AZ) Position will be responsible for providing cash flow and valuation analysis and related support to acquisition team leaders for targeted investment properties. Individual’s focus will range from underwriting opportunities, lease abstracting, due diligence, financial analysis, research, and assistance in the appraisal, financing, and closing processes.     BMO HARRIS BANK N.A. Associate, Commercial Real Estate-Hotel Finance (ILLINOS) Associate will be responsible for structuring and underwriting new client credit and capital markets opportunities and performing financial modeling and analysis for highly complex deals.     GEHL  Business Development Manager  (SAN FRANCISCO/NEW YORK) Manager will work with the Managing Director, other Business Development Manager(s), and Business Development team to secure a pipeline of high quality urban strategy, planning and design projects for team across the U.S. She/he will identify and pursue strategic opportunities to grow our services and portfolio, increase brand visibility and produce creative and visually engaging project proposals.     USAA REAL ESTATE  Senior Director, Real Estate Investments (LOS ANGELES) Senior Director will support MD/ED in sourcing and managing acquisition opportunities with a focus in an assigned Region. Additional duties include conducting acquisitions underwriting, deal modeling, deal structuring, due diligence, financing, negotiating deal terms and transition to the asset management group.