Careers

Be Part of Team Cedar

Our employees are driven to do well. They work hard, not only to build Cedar Realty Trust into a world-class organization, but to connect with each other and establish meaningful careers in the process. If you are interested in becoming a part of Team Cedar, email hr@cdrrt.com.

Opportunity

City

State

Sr. Associate

Long Island NY Learn More

Summary:  Cedar currently has an outstanding career opportunity for a Sr. Associate to work in the Development group. This position will be involved in all facets of asset management, financial analysis, joint venture modeling, proforma management, valuations, and the corporate forecasting process for mixed-use project joint venture transactions. This is a terrific opportunity to manage the underlying value creation opportunities across the portfolio. The Sr. Associate will have exposure and visibility to the top leadership of the Company.

Specific Responsibilities:

  • Prepare and create financial models and analyses, discounted cash flows, IRR analysis, NPV analysis, etc. for each asset utilizing Microsoft Excel and Argus
  • Perform detailed financial analysis to determine highest and best use, equity structure and financing for grocery anchored shopping centers and urban mixed-use developments
  • Review quarterly valuations, hold/sell analyses, leasing analyses and other valuation projects
  • Develop and implement tools and provide support for activities related to real estate market research, property acquisition and leasing, the annual budgeting process, operating variance analysis, communications, etc.
  • Manage the process of property budgets, annual business plans, quarterly reforecasts, and variance analyses
  • Develop a working knowledge of leases, partnership agreements and other agreements for general responsibilities
  • Create and maintain all Argus models
  • Act as a liaison to other departments within the Company
  • Utilize internal systems and software to effectuate daily responsibilities
  • Assist senior leadership in running the department

 

Required Qualifications:

  • At least 5 years of work experience as an analyst in an institutional real estate investment firm, investment bank or related industry; retail experience a plus
  • Bachelor’s Degree in finance, real estate, accounting, or related field
  • Experience in joint venture deal modeling and proforma management
  • Understanding of real estate fundamentals, financial principles, and complex capital structures
  • Proficient in Microsoft Office and Argus
  • Outstanding quantitative and analytical skills, keen attention to detail
  • Effective oral and written communication skills
  • Ability to deliver excellent results within established timeframes while managing multiple priorities
  • Ability to establish and maintain cooperative working relationships with other team members while performing assigned duties

 

Apply Now

Sr. Real Estate Finance Analyst

Long Island NY Learn More

Summary:  Cedar currently has an outstanding career opportunity for a Sr. Real Estate Finance Analyst to work in the Asset Management group. This position will be involved in all facets of asset management, financial analysis, proforma management, valuations, and the corporate forecasting process for the entire portfolio. The Sr. Real Estate Finance Analyst will have exposure and visibility to the top leadership of the Company.

Specific Responsibilities:

  • Prepare and create financial models and analyses, discounted cash flows, IRR analysis, NPV analysis, etc. for each asset utilizing Microsoft Excel and Argus
  • Perform detailed financial analysis to determine highest and best use for grocery anchored shopping centers
  • Review quarterly valuations, hold/sell analyses, leasing analyses and other valuation projects
  • Develop and implement tools and provide support for activities related to real estate market research, property acquisition and leasing, the annual budgeting process, operating variance analysis, communications, etc.
  • Manage the process of property budgets, annual business plans, quarterly reforecasts, and variance analyses
  • Develop a working knowledge of leases, partnership agreements and other agreements for general responsibilities
  • Create and maintain all Argus models
  • Act as a liaison to other departments within the Company
  • Utilize internal systems and software to effectuate daily responsibilities

Required Qualifications:

  • At least 2 years of work experience as an analyst in an institutional real estate investment firm, investment bank or related industry; retail experience a plus
  • Bachelor’s Degree in finance, real estate, accounting, or related field
  • Understanding of real estate fundamentals, financial principles, and complex capital structures
  • Proficient in Microsoft Office and Argus Enterprise
  • Outstanding quantitative and analytical skills, keen attention to detail
  • Effective oral and written communication skills
  • Ability to deliver excellent results within established timeframes while managing multiple priorities
  • Ability to establish and maintain cooperative working relationships with other team members while performing assigned duties

 

Apply Now

Acquisition Analyst

Long Island NY Learn More

Cedar is actively seeking a full-time financial analyst/due diligence professional to support the acquisitions group in due diligence, underwriting and execution of both acquisitions and dispositions.  This is a critical position conducting due diligence on the various deals in the pipeline under the direction of the Chief Investment Officer.  This role will be based out of the Long Island office.

Key Responsibilities Include:

  • Build and maintain detailed financial models utilizing Excel and Argus Enterprise for acquisition and disposition projects that incorporate various scenarios and sensitivity analysis
  • Assist in negotiations with investors through the analysis of various capital structures and cash flow distribution waterfalls
  • Lead and coordinate closings of transactions and correspondence between internal departments and external parties
  • Prepare presentations and materials for the investment committee, investors, and lenders
  • Manage, perform and coordinate due diligence, including the analysis and review of market data, financial statements, development budgets, 3rd party reports, and legal documentation
  • Support asset management activities, including repositioning strategies, refinancing, and dispositions
  • Participate in the initial screening of investments to determine fit with the Company’s investment objectives
  • Evaluating potential acquisitions and redevelopments to be presented to senior management
  • Conduct market research using  Sites USA, and other resources to compile demographic and competitive set information to facilitate decision making
  • Assist in structuring Letters of Intent outlining principal business terms of the transaction

Qualifications:

  • Bachelor’s degree with a major in Finance, Economics or Business preferred.
  • A minimum of 3 years of experience in a structured analytical work environment (experience at a private equity, acquisitions, due diligence firm, REIT, investment bank a plus).
  • Self-starter with superior organizational skills, oral and written communications skills; strong presentation and the ability to prioritize and manage multiple workstreams
  • Exceptional Argus, Microsoft Excel, Word and PowerPoint skills
  • Must be comfortable interacting with Senior Management
  • Team player suited to work within an entrepreneurial, collaborative culture
  • Positive, proactive work ethic and approach
Apply Now

Cedar Realty Trust is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you are interested in applying for employment with Cedar Realty Trust and need special assistance or an accommodation to use our website or to apply for a position, please call 516-767-6492 or email HR@cdrrt.com with your request. Determinations on requests for reasonable accommodation are made on a case-by-case basis.

Policies set forth on our website are not intended to create a contract of employment between the Company and any of its employees or applicants, nor are these policies intended to alter the at-will employment relationship or to be construed to constitute contractual obligations of any kind.