Riaz Capital is a fully integrated development, construction and property management company, focused on addressing the changing housing needs of the millennial generation.
Our latest projects are aimed at creating affordable and conveniently located housing for young professionals in the East Bay through ground up development projects. The Bay Area's tremendous growth has resulted in skyrocketing housing costs forcing young professionals to make hard choices about privacy and savings to find a reasonable housing option to call home. On average, Bay Area millennials are spending 48% of their income on housing verses a national average of 25%. As a result, Riaz Capital has launched a number of new projects around a workforce housing strategy focused on providing the missing middle demographic rent homes that are comfortable, cool and mostly importantly work with their financial goals. We raised a $35M fund in 2018, which we are pairing with a larger fund raised in 2019 to implement this affordable-by-design concept throughout the East Bay, with a Company goal of creating over $1B in assets under management by 2025. We are seeking highly motivated, forward thinking professionals to join our team in solving this important housing problem.
The Riaz Capital team includes over 95 talented real estate investment, construction and operations professionals in Oakland. Our Principals have been successfully operating in the Bay Area since 1977. The Company currently owns and operates ~1,100 units, with $300 Million of assets under management (AUM). Riaz Capital has maintained consistent growth over the last 5+ years, and after the completion of three development projects currently in process, that number will increase to ~1,400 units with ~$400 Million AUM by end of 2019. Our integrated group of companies across development, construction, and property management delivers efficiency and long-term thinking to all our projects while allowing us to create above-market returns for our investors.
As a vertically integrated development and construction company, we desire a highly-motivated person who enjoys multi-tasking and working in a fast-paced environment. The ideal candidate will provide both operational support to our fully integrated development team, and be eager to assist our in-house general contractor in whatever capacity needed.
Asset Management Analyst
The Asset Management Analyst position is an ideal opportunity for a real estate/finance/or accounting entry level professional to work directly with our Chief Investment Officer, and our asset management team, on over $300M in projects to obtain significant multifamily real estate experience at a fast-growing real estate investment company. This position is essential to assist the CIO, with the overall performance of the asset management function of the company. The position will give the analyst to exposure of all critical elements of the company that the CIO deals with on a day to day basis, which is an ideal first step into a career in real estate
Responsibilities and Duties
Monitor real estate development portfolio of over $300M to ensure investments perform in accordance with the business plan to meet or exceed expected returns.
Assist in and monitor financing and acquisition of real estate transactions.
Conduct financial analysis and due diligence for current and potential projects.
Review and analyze property performance and report to investors.
Manage high level ad-hoc property management issues to ensure stability of investments and mitigate risk.
Work closely with property management team to ensure execution of value-add business plan.
The ideal candidate for this position will thrive in a highly entrepreneurial, social, and fast-paced environment. This candidate should be extremely motivated to improve their understanding of all aspects of the real estate investment field, be an enthusiastic team player, offer innovative ideas and have the ability to manage multiple priorities. Excellent communication, analytical, decision-making and follow-up skills are required.
Team player who can prioritize varied tasks from different managers
Driven to learn and willing to do whatever is necessary to succeed
Ability to handle a fast-paced chaotic environment
Excellent Business Writing skills
Advanced knowledge of MS Office Including Word, Excel and PowerPoint
Deadline and detail-oriented
Strong desire for a career in Multi-family real estate
Bachelor’s degree in Finance, Economics, Business or related.
Start Date: Immediately
Location: Oakland Office
Submit resume and cover letter by email to: