Senior Associate in Madrid at Hines

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

The Senior Associate will serve as the primary owner’s representative and single point of responsibility with respect to each asset for which she or he is responsible, and as such, will provide leadership with respect to the asset management of existing and future properties. The role combines hands-on asset management with financial analysis, data management, financial modelling, scenario analysis and recurring reporting to support informed asset-level and portfolio-level decisions.

• Act as the key interface between an asset’s owner (and lender where applicable) and Hines senior Regional personnel, property managers and internal operating teams
• Take responsibility for monitoring selected properties' operating, financial and leasing performance, coordinating follow-up actions and highlighting relevant trends, risks and opportunities to the asset management team. Develop short and long term strategies designed to maximize the value and tenant satisfaction of each asset.
• Prepare monthly, quarterly and annual property reporting required by Owner, Lender and Region.
• Intercept and address day-to-day and mid-level issues; communicate high-level issues to owner and subsequently help owner address them.
• Create annual property valuation analyses for each asset. As part of this process, perform market analysis and develop leasing objectives, operating and financial budgets, and operating/capital/redevelopment project plans.
• Monitor property operating and financial performance to ensure established goals and objectives are being achieved. Discuss material variances with accounting functions; determine key drivers creating variances and appropriate corrective action to be taken to mitigate negative variances or changes in market conditions.
• Manage the leasing activity of certain properties to include creating lease analyses, drafting proposals, negotiating economic/legal terms, and working closely with legal counsel in review of lease documents. Review and approve all applicable authorizations and lease documents prior to ownership execution.
• Manage day-to-day coordination with actual and prospective tenants and relevant property management teams, maintaining visibility on tenant matters and service issues. Focus on client relationship management.
• Review and support approval processes of pricing for capital/tenant improvement projects and contracting, then ensure that financial controls are in place during construction, including reserve draw procedures.
• Understand the current value and projected future performance of each asset; develop hold/sell recommendation in accordance with owner’s thesis for ownership.
• Provide support for capital transactions, including refinancing and dispositions. Work with Acquisitions and Development functions performing due diligence functions and integrating newly-acquired or developed properties into the portfolio.
• Use AI-enabled tools to improve data analysis, reporting efficiency, information extraction and anomaly identification, applying appropriate validation, confidentiality and human review.
• Serve as a team member of various project teams as required to facilitate company needs.
• Act as a team member with all Hines employees.
• Comply with all Hines policies and procedures.

Minimum Requirement include:

• Bachelor’s degree, technical background or equivalent from an accredited institution; Master’s degree preferred.
• Two to four years of experience in the commercial real estate industry with direct exposure to logistic/industrial assets,of relevant asset or property management experience, includingfinancial analysis, leasing/marketing activity oversight, and execution of strategic plans.
• Ability to work independently and needs a minimum oversight.
• Possess the highest degree of integrity.
• Excellent verbal and written communication skills.
• Excellent interpersonal skills.
• Ability to think creatively and contribute to project success.
• Ability to manage a variety of tasks within a tight time schedule.
• Ability to analyze real estate from a strategic point of view.
• Well organized with strong attention to detail.
• Advanced proficiency in Excel, including financial modelling, data analysis, scenario analysis and sensitivity tables. Experience with Argus, financial modelling software or real estate data platforms is valuable.

At Hines, we believe the built world is ultimately about people. As one of the world’s largest privately held real assets firms, we bring nearly seven decades of investment, development, and management experience to work that shapes cities and communities around the world.

Our people make that possible. Across 29 countries, more than 4,600 colleagues bring different perspectives and expertise to Hines, with opportunities to take on meaningful responsibility, learn from leaders across the business, and build a career with room to evolve. We support that journey through professional development, competitive rewards, comprehensive benefits, and a culture grounded in trust and high standards.

Hines is proud to be named to Fast Company’s annual list of the World’s Most Innovative Companies for 2024.

We are an equal opportunity employer and support workforce diversity.

No calls or emails from third parties at this time please.

Closing

Hines is a global real estate investment, development and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 28 countries. We manage a $92.3B¹ portfolio of high-performing assets across residential, logistics, retail, office and mixed-use strategies. Our local teams serve 634 properties totaling over 225 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets. To learn more about Hines, visit www.hines.com and follow @Hines on social media. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2022.

Visit www.hines.com for more information.

We are an equal opportunity employer and support workforce diversity.

No calls or emails from third parties at this time please.