Everwest Real Estate Investors http://everwest.com/ Everwest Real Estate Investors - Blog RSS Feed 2.0 en-us Sat, 16 Oct 2021 02:34:38 GMT Sat, 16 Oct 2021 02:34:38 GMT EverWest Expands Investor Relations Team as Fund Accelerates Growth http://everwest.com/blog/20518/EverWest-Expands-Investor-Relations-Team-as-Fund-Accelerates-Growth blog EverWest Real Estate Investors has expanded its investor relations team to help facilitate the rapid growth of its fund offering. The firm hired Peter McNally as a senior vice president and head of investor relations in June and Katie Bergen as a senior director of investor relations. "They needed some help in building the team and growing the platform," McNally told REFI US. "When I joined, I was quickly of the mind that we needed at least one senior person doing outreach."  Read Full Article Fri, 06 Dec 2019 06:00:00 GMT http://everwest.com/blog/20518/EverWest-Expands-Investor-Relations-Team-as-Fund-Accelerates-Growth http://everwest.com/userfiles/1576/images/mayor%2Ddesign%2Daward%2EJPG Everwest Real Estate Investors http://everwest.com/ Mayor Hancock Announces 2019 Mayor’s Design Awards Winners http://everwest.com/blog/20517/Mayor-Hancock-Announces-2019-Mayor-s-Design-Awards-Winners blog Since 2005, the awards have been presented to Denver homeowners, business owners, nonprofits, artists and others for their creative contributions to the public realm through innovative design. Winners can range from community placemaking projects to adaptive reuse of historic structures to single-family residences to major mixed-use downtown buildings. Each brings something special to Denver's unique visual fabric and speaks to our collective commitment to building healthy, sustainable communities.  Full Article Fri, 06 Dec 2019 06:00:00 GMT http://everwest.com/blog/20517/Mayor-Hancock-Announces-2019-Mayor-s-Design-Awards-Winners The Mezzanine Structured Finance Market is Here to Stay http://everwest.com/blog/20133/The-Mezzanine-Structured-Finance-Market-is-Here-to-Stay blog Real estate mezzanine financing was first implemented in the early 1990s to augment the commercial mortgage-backed securities (CMBS) markets. Since that time, it has continued to evolve and grow, and today it is a staple of commercial real estate finance. Read Full Article Below: Commercial Real Estate Development Wed, 25 Sep 2019 06:00:00 GMT http://everwest.com/blog/20133/The-Mezzanine-Structured-Finance-Market-is-Here-to-Stay Public Market Buy Points To Continued Upswing http://everwest.com/blog/19080/Public-Market-Buy-Points-To-Continued-Upswing blog The eight-story Offices at Public Market is part of a larger mixed-use development that includes retail, residential and hotel, and much of the retail space is currently under redevelopment, slated for a two-year completion. Read Full Article Below: Globe St. Tue, 07 Nov 2017 06:00:00 GMT http://everwest.com/blog/19080/Public-Market-Buy-Points-To-Continued-Upswing Fund Accounting Manager (Fund & Separate Account) http://everwest.com/job/519/Fund-Accounting-Manager--Fund---Separate-Account- job To apply for this position, please send a cover letter and resume to:  amy.walker@everwest.com Position Summary: This position will assist the Fund Controller in day-to-day responsibilities for the operations of an open-end real estate fund with $1B in AUM and two growing separate accounts with large institutional investors.  The position has one direct report to assist with the job responsibilities.  Real estate investment funds are offered to institutional and high net worth individuals that invest across a wide spectrum of private and public U.S. real estate markets with an emphasis on direct properties and publicly traded REITs. Financial, Tax & Performance Reporting Responsible for the general day-to-day maintenance of the general ledger for our US Property Fund and two separate accounts, including closing the books for the fund entities, coordinating with property accounting, finance, and other teams to meet close deadlines and reporting requirements. Prepare/review general ledger accounting reconciliations, identify and research unique transactions, prepare fund consolidations. Assist with the preparation of monthly/quarterly consolidated fair value financial statements, footnotes, and internal reporting packages. Provide P&L analysis to internal stakeholders. Work closely with the Fund Controller on identifying and implementing process improvement initiatives, policies, controls and documentation. Manage cash flow and approve payable invoices for the funds, including draw and paydown requests for the Line of Credit. Assist with multiple audits and tax return filings by providing supporting documentation and assisting with the coordination of the audit and tax teams. Coordinate tax payments to various jurisdictions as necessary. Assist with quarterly fund performance calculations, including NCREIF/ODCE data submissions. Prepare wire payments for invoices, acquisitions, debt, distributions and capital calls. Investor Relations Prepare supporting schedules for quarterly investor requests for information, review quantitative investor schedules and provide ad-hoc information requests as needed. Complete investor audit confirmation request, ad-hoc investor reporting analysis. Compliance Perform REIT compliance testing (quarterly/annually). Work with compliance and legal counsel on updating fund documentation. Work closely with external auditors and tax preparers in preparation of annual financial statements, tax reporting (1099's, K-1's, 5500). Other Assist the Fund Controller and Chief Accounting Officer in researching accounting, legal and tax issues surrounding topics such as ERISA, consolidation, fund structuring, UBTI, property valuations and other fund and property matters. Assist with continuous improvement of processes, policies, controls, and documentation As needed, assist with treasury and reporting requirements for other fund teams and property accounting teams.  Provide outstanding customer service to internal and external customers. Qualifications: Bachelor's degree required; accounting/finance majors and CPA preferred Minimum of 5 years of general ledger accounting, public accounting and/or real estate experience. Strong foundation in general accounting, monthly close, financial reporting, and cash management required. Experience with fair value or fund accounting preferred. Strong verbal and written communication, problem solving, and interpersonal skills necessary. Must be a motivated self-starter with strong team leadership and problem-solving skills, the aptitude to think independently, identify issues, and the motivation to work with a team in a fast-paced, rapidly changing, entrepreneurial environment. Proven ability to identify and implement process improvement opportunities Ability to perform research and come up with conclusions to be presented to the leadership team. Excellent interpersonal skills and ability to forge effective working relationships throughout accounting team and organization Outgoing and likeable personality with ability to motivate and communicate well with employees and other outside contacts Ability to multi-task, with attention to detail and an ability to work both independently and in a team environment Advanced Excel skills and proficiency with Microsoft Office. MRI accounting software or equivalent experience with enterprise accounting systems. Salary and Benefits The salary for this position generally ranges between $80,000 and $110,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. Actual salaries will vary and may be above or below the stated range based on various factors including, among other factors, location, education and training, experience, internal pay alignment, and performance. A potential new employee's salary history will not be used in compensation decisions. Many candidates' compensation will start in the bottom half of the stated range. This role is also eligible to participate in a merit-based annual bonus program, health, vision, and dental insurance plans, long and short-term disability, 401K plan, and PTO. This information is provided in connection with the Colorado Equal Pay for Equal Work Act, and similar positions located outside of Colorado may or may not necessarily receive the same compensation. EverWest is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Tue, 28 Sep 2021 08:44:34 GMT http://everwest.com/job/519/Fund-Accounting-Manager--Fund---Separate-Account- ACQUISITION ANALYST/ASSOCIATE http://everwest.com/job/506/ACQUISITION-ANALYST-ASSOCIATE job EverWest Real Estate Investors is a Denver-based, fully-integrated private real estate investment manager and operating company. With more than $3.5 billion in assets under management across office, industrial, multifamily, development, structured finance and specialty investments located throughout the United States. EverWest serves a variety of institutional investment management clients through joint ventures, separate accounts, open and closed-end commingled funds. EverWest is based in Denver with regional offices in Southern California, Northern California, New York and Charlotte. EverWest is the wholly-owned U.S. subsidiary of GWL Realty Advisors, a large Canadian real estate investment advisor.   We are seeking an Analyst/Associate to join the Acquisitions team.  The position will support the Acquisitions Director in the Central Region and will be involved in all acquisition efforts in the central region.  The position requires a variety of skills and the ideal candidate will have 2+ years working in real estate, banking or finance. The position is full time and based in our Corporate Headquarters in Denver, Colorado. Primary responsibilities: Analyze direct property equity investment opportunities using Argus and Excel  Research markets and comparables needed to support underwriting Prepare investment briefs and investment memorandums for internal committee meetings and external client review  Research markets and engage brokerage networks to compile analytics encompassing market fundamentals and sale/lease comps needed to support valuation underwriting Assist in coordinating due diligence, financings, and closings for active investments  Work with various internal departments throughout the due diligence period Required Travel up to 20%  Qualifications: 2+ years work experience in real estate, finance or investment banking Excellent quantitative abilities including technical knowledge of real estate finance concepts Ability to effectively communicate with internal committees, partners, brokers, attorneys and consultants Proficiency in Excel, Word, PowerPoint and Argus Proven ability to absorb complex material and produce timely, accurate, insightful and concise work product High level of initiative and strong work ethic; willing to work late hours and weekends as needed Strong consideration for candidates with extensive Argus and Excel modeling experience for multiple property types. Salary and Benefits: If employed in Colorado, the salary for this position generally ranges between $65k and $125k. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law.  Actual salaries will vary and may be above or below the stated range based on various factors including, among other factors, location, education and training, experience, internal pay alignment, and performance.  A potential new employee's salary history will not be used in compensation decisions.  Many candidates' compensation will start in the bottom half of the stated range.  This role is also eligible to participate in a merit-based  annual bonus award. In addition, EverWest provides a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays and PTO.    This information is provided in connection with the Colorado Equal Pay for Equal Work Act, and similar positions located outside of Colorado may or may not necessarily receive the same compensation. EverWest is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.   Thu, 29 Jul 2021 08:16:00 GMT http://everwest.com/job/506/ACQUISITION-ANALYST-ASSOCIATE