Posted: Monday, March 13, 2017 10:44 PM
Job Location: United States : California : Los Angeles
Role Value Proposition:
MetLife Investments is a premier asset manager with breadth across various asset sectors and global markets, and strong asset:liability management capabilities. With a 500 billion combined domestic and international general account portfolio and a multi:billion dollar annual cash flow, Investments is an important contributor to MetLifes financial performance. The primary objective of Investments is to maximize MetLifes long:term economic value by investing in assets that support the companys liabilities and produce a consistent stream of operating earnings.
Global Real Estate and Agricultural Investments maintain a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. Real Estate Investments sources and manages commercial real estate investments through seven regional field offices in the U.S. and International field offices in London, Tokyo, Mexico City and Santiago. This role will be responsible for supporting the Asset Management team for the MetLifes general account and third party investors in the southwest region.
:Support the Equity Team in managing the equity portfolio to satisfy the investment needs of the MetLife general account as well as third party investment accounts.
:Manage database applications and oversee portfolio reporting and monitoring requirements.
Business Plans and Valuation
:Assist senior asset managers in the development of property operating budgets, capital budgets, income re:projections and business plans.
:Assist in underwriting and valuation of large/complex commercial real estate assets including office, industrial, multi:family, retail and hotel.
:Interface with all parties involved the management of a large equity portfolio, including internal as well as external partners such as property managers and accountants, regional architects, JV partners, portfolio managers, legal counsel, brokers and third party consultants.
Acquisitions and Dispositions
:Support the Acquisitions team in the Los Angeles Region in underwriting, due diligence, acquiring and closing equity investments for the MetLife general account as well as third party investment accounts.
:Assist in due diligence and coordination with asset managers during the closing/onboarding process including, tenant estoppel reviews, OFAC compliance, ARGUS audit, rent roll/lease verification, etc. as required in the for the acquisition and development of real estate equity assets.
:Support the equity portfolio team as needed and assist in disposition process.
Essential Business Experience and Technical Skills:
:Bachelors degree in an applicable business related field required, MBA or Masters in Real Estate equivalent optional.
:1:3 years of commercial real estate experience with various property types including office, retail, industrial, multi:family and hotels preferred.
:Proficiency with ARGUS, Word, Excel and PowerPoint.
:Experience with MRI accounting systems a plus.
:Results orientated team player. Emphasis on communication skills (both oral and written) and ability to handle multiple tasks.
Real Estate Investments
Number of Openings
At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.
MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLifes policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientati
• Location: Los Angeles
• Post ID: 104706653 losangeles