at Nuveen Investments in Chicago, Illinois, United States
Job Description
Associate, Housing Transactions
The Associate, Housing Transactions job supports the acquisitions of TIAA’s real estate portfolio and provides support for its strategic relationships. Working independently under general supervision, this job will assist executing on new real estate and property investment opportunities, strategic partnerships, and acquisitions.
Key Responsibilities and Duties
+ Assists with the coordination and compliance of all requirements for the closing and funding of real estate acquisition and development transactions.
+ Performs underwriting and market research of potential real estate investment opportunities that support the company’s real estate investment and financial objectives.
+ Assists with sourcing new real estate acquisition opportunities and tracking active deals in the market.
+ Maintains external relationships with key market participants, investment sales, leasing brokers, and lenders.
+ Identifies increased efficiencies in the budgeting and operations of real estate and property assets.
+ Coordinates and oversees the due diligence process for asset acquisition and property development opportunities.
+ Assist in the production of investment committee memorandums
+ Assist in preparation of various presentations in PowerPoint
+ Work with internal research tools, existing portfolio metrics and third-party data sources to help underwrite opportunities
+ Assist Transactions Officers by working collaboratively with internal stakeholders including Asset Management, Portfolio Management, Engineering, Legal, and Accounting, in addition to external third party service providers including property managers, brokers, partners, consultants, lenders and developers
Educational Requirements
+ University (Degree) Preferred
Work Experience
+ 2+ Years Required; 3+ Years Preferred
Physical Requirements
+ Physical Requirements: Sedentary Work
Career Level
6IC
Required Qualifications
+ 2+ years of transactional commercial real estate experience
+ Excel modeling experience
Preferred Qualifications
+ 3+ years transactional commercial real estate experience
+ Multifamily or housing experience highly preferred
Related Skills
Business Development, Due Diligence, Financial Analysis, Market/Industry Dynamics, Opportunity Strategy, Organizational Savviness, Real Estate Investments, Underwriting
Anticipated Posting End Date:
2024-06-21
Base Pay Range: $100,000/yr. – $115,000/yr.
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Company Overview
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .
Equal Opportunity
We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.
Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .
For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .
TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.
Privacy Notices
+ For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .
+ For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .
+ For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .
+ For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .
+ For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .
+ For Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .
+ For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .
Nondiscrimination & Equal Opportunity Employment
TIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.
EEO is the Law (https://assets.phenompeople.com/CareerConnectResources/TIAAGLOBAL/documents/22-088\EEOC\KnowYourRights-1688394514088.pdf)
Pay Transparency
Philadelphia Ban the Box (https://www.phila.gov/media/20210423160847/Fair-Chance-Hiring-law-poster.pdf)
