Pacific Retail Capital Partners is a fully integrated, entrepreneurial organization with an unparalleled depth of knowledge in all aspects of retail real estate. Our team of executives and strategic partners draw on decades of experience with major national shopping center owners to deliver top-tier service as an operating partner and provide efficient oversight of the company's portfolio. Our broad-based talent is versed in multiple disciplines, from investment and development, which enables the company to quickly assess market opportunities, to management, marketing, and leasing, which allows it to control costs effectively and maintain the quality of its properties.

Best-in-Class Benefits and Perks:

We value our employees' time and efforts. Our commitment to your success is enhanced by our competitive compensation of $145,000-165,000 annually, depending on experience, bonus potential, and an extensive benefits package, including:

• Comprehensive health coverage: Medical, dental, and vision insurance provided
• Robust retirement planning: 401(k) plan available with employer matching
• Financial security: Life and disability insurance for added protection
• Flexible financial options: Health savings and flexible spending accounts offered
• Well-being and work-life balance: Paid time off and holidays

Plus, we work to maintain the best environment for our employees where people can learn and grow with the company. We strive to provide a collaborative, creative atmosphere where everyone feels encouraged to contribute to our processes, decisions, planning, and culture.

As a Senior Underwriter/Analyst, you will analyze new acquisition opportunities and ad-hoc asset management and development initiatives across existing properties. You must be a self-motivated, detail-oriented individual with a keen, analytical mind and possess solid underwriting experience in retail and mixed-use real estate.

This is a fantastic opportunity to join a tremendous people-first culture and a hybrid work schedule with three days per week in our Century City corporate office and two days in a flexible work location. This role may have some limited business travel requirements.

To thrive as our Senior Underwriter/Analyst, you should have:

Bachelor’s degree

4+ years of analytical experience modeling commercial real estate transactions, specifically for mixed-use projects, including retail, multi-family, and office asset classes.

Solid knowledge of key financial concepts and metrics for real estate transactions, including capitalization rates, internal rates of return, cash-on-cash returns, promote waterfalls, and others

Advanced Excel user with significant commercial real estate financial modeling experience (ideally with significant Argus & large format retail experience)

Ability to multi-task, work under pressure, and display a high degree of initiative, resourcefulness, and sound decision-making, all with minimal oversight and while maintaining meticulous attention to detail

Solid written and verbal communication skills with a passion for real estate

Your responsibilities will include:

Acquisition & Financing

• Lead on all underwriting and modeling of cash flow, joint venture equity structures, and key return metrics for potential large-format retail-led center acquisitions, financings, and mixed-use developments
• Assess development opportunities for adding multi-family or alternative uses to large-format retail locations
• Prepare investment recommendation packages for investment committee and capital partner approvals
• Perform market research (key demographics, economic forecasts, lease, and sales comps, broker reports, etc.) to identify potential opportunities and/or risks and to validate underwriting assumptions
• Participate in the sourcing of new acquisition opportunities and capital relationships via direct interactions with peer-level brokers and capital sources across the industry
• Coordinate due diligence activities with brokers, sellers, and third-party consultants
• Manage debt and equity closing activity on new transactions
• Flexibility to undertake limited business travel

Asset Management & Development

• Work with the development team on feasibility models for select redevelopment & adaptive reuse opportunities
• Evaluate and articulate the current, near, and long-term outlook for existing retail & mixed-use assets
• Update Argus and Excel models with periodic forecasts and recapitalization (or disposition) scenarios as needed
• Support development, property, and portfolio managers with financial analyses as needed

Ready to take your career to the next level?

We want to hear if you’re ready to bring your talents to a cutting-edge retail real estate organization that values people and results! Please apply now to join our innovative team and help shape the future of retail real estate: [email protected].

Please reference “Senior Underwriter/Analyst” in the subject line.

PRCP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin,

disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, hair texture, and protective hairstyles are defined to include but are not limited to, braids, locks, twists, or any other characteristic protected by federal, state, or local laws.

Qualified applicants with arrest or conviction records will be considered for employment with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.