About HCC/CCI
Henry Crown & Company/CC Industries is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal.
Why Work for Us?
We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences.
Position Description
This position will be responsible for providing supporting analysis of a diverse portfolio of real estate investments, including directly owned investment properties, long-term strategic properties, and other fund and JV real estate investments. The position supports the objective of maximizing the value of these investments by managing them in conformance with the organization’s strategic objectives.
Responsibilities
- Track investments from inception to disposition by monitoring performance through budgets, monthly operating and financial statements, lease reviews, and periodic site inspections
- Analyze and make recommendations on investment and management related decisions such as lease negotiations, purchase and sale transactions, and capital improvement programs
- Function as a trouble-shooter on underperforming properties. Make recommendations and implement programs to improve their return
- Produce analytical models evaluating lease negotiations, potential sale transactions, refinances, capital improvement programs, and other capital events within the existing portfolio
- Assist in the process of identifying and underwriting acquisition opportunities through cash flow modeling, market research, sensitivity analyses, and the creation of memos and investment committee presentations
- Review aggregate valuation and cash flow data for quarterly reporting to the FP&A team
- Assist with property specific thesis development and market research
- Update annual property budgets and revise property financial forecasts throughout the year
- Assist in the development, set up, and maintenance of the real estate portfolio management reporting tools and templates
- Coordinate all real estate department reporting into the organization’s reporting requirements
- Provide analytical support for evaluation of new and existing investments
- Assist other Associates with internal tracking of deal flow
Qualifications
- Bachelor’s degree in finance, accounting, economics or related field preferred or a combination of education and work experience
- 3-6 years of real estate investment or asset management experience
- Knowledge of the financial structure and terms of real estate investments through the analysis of accounting reports, such as operating statements, balance sheets, and budgets
- Knowledge of commercial leases required
- Proficient in modeling dynamic property level, fund level, and waterfall cash flows in Excel
- Ability to forecast and thereby manage outcomes
- Proficient with MS Office suite, experience with ARGUS preferred
- 3 to 6 years of experience working with a diverse group of assignments/properties
- Analytical thinker with ability to understand complex situations and calculate the impact of various drivers
- Strong oral and written communication skills with the ability to interface with senior executives throughout the organization
The Starting Salary Range: $110k-$125k, plus eligibility for a bonus. Exact compensation may vary based on skills, experience, and location. To see an overview of all our benefits please go to our career portal.
Don’t meet every single requirement? Studies have shown that women, members of the LGBTQIA+ community, individuals experiencing disability and BIPOC are less likely to apply to jobs unless they meet every single qualification. At HCC/CCI we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.
