Manager, Real Estate Advisory

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

AECOM is seeking a Manager, Real Estate Advisory to support economic and financial analysis of real estate development projects for public, private, and institutional clients. This hybrid role is expected to be based in Los Angeles, CA; San Francisco, CA; Dallas, TX; Austin, TX; Denver, CO; or Chicago, IL. 

AECOM’s Buildings + Places (B+P) Consulting practice has three core disciplines: Real Estate Advisory, Economic Development & Urban Policy, and Sustainable Economics. Our Real Estate Advisory team leverages our real estate development, finance, strategy, and transaction experience to help our clients understand local market fundamentals, navigate complex transactions, and leverage real property to achieve policy goals. This includes making decisions about market demand, financial feasibility, and deal structure that balance financial feasibility/value, social benefits, and economic development for government agencies and institutions.

Whether leading an engagement or supporting an integrated team of designers, engineers, planners, and a variety of specialists, our work takes many forms: We sharpen master plan or development concepts to reflect what the private sector can provide. We assess policy and funding proposals to ensure they are appropriately scoped. We help bring concepts to implementation through soliciting and evaluating proposals.

The Manager will serve as Task Lead or Project Manager for advisory projects or discrete technical tasks, including developing and implementing quantitative analytical approaches; conducting financial modeling; conducting market analyses; identifying best practices; leading stakeholder engagement; developing graphics and presentations to communicate key findings; and writing sections of client deliverables and proposals.

The position requires the ability to lead client engagements, balance multiple projects and deadlines, delegate and oversee the work of junior staff, and communicate clearly with all project stakeholders including internal staff, subject matter experts, client representatives, owners and developers, regulatory authorities, and community members. While not a core responsibility of the role, Managers are also expected to support business development activities including proposals.

The core service areas for the Real Estate Advisory team include the following:

• Development feasibility studies
• Development solicitations (RFQs, RFPs, etc.)
• Deal structure and governance
• Asset strategy and business case analysis
• Portfolio strategy and optimization
• Organizational policies and procedures
• Office-to-residential conversion
• Affordable housing studies
• Market studies and highest and best use analysis

Qualifications

Minimum Requirements

• Bachelor's degree in Real Estate, Finance, Planning, Economics, Business, Public Policy, Construction, Architecture, Engineering, or related field +6 years of work experience in real estate development, real estate investment, real estate consulting, financial consulting, government real estate or demonstrated equivalency of experience and/or education 

Preferred Qualifications

• Master's Degree in a related field
• Experience with real estate finance and/or transactions
• Experience developing cashflow models in Excel from scratch reflecting investment returns
• Experience executing multi-disciplinary projects and leading client engagements
• Experience evaluating or structuring complex transactions, including multi-phase developments or public-private partnerships
• Experience assembling or evaluating financing for real estate projects, including debt, equity, and public funding sources, such as: TIF/TIRZ, LIHTC, municipal debt, grants, etc.
• Experience working with t