Senior Real Estate Associate Job Listing at Kamehameha Schools in Honolulu, Hawaii (Job ID JR-06736)

Description

Job Posting Title

Senior Real Estate Associate

Employee Type

Regular

Recruiting Start Date

03-05-2026

Job Exempt?

Yes

Recruiting End Date

Open Until Filled

Aloha mai!  Mahalo for your interest in Kamehameha Schools.  If you are looking for an opportunity to utilize your skills and talents and grow in your profession, while serving and strengthening our Native Hawaiian community, we would love to have you join our ʻohana!

Kamehameha Schools' ʻĀina Pauahi group is seeking a Senior Real Estate Associate to join our Portfolio Strategy & Finance team. We are looking for someone with strong experience in real estate finance, investment analysis, portfolio management, and financial modeling who will help to steward one of Hawaiʻi's most diverse and largest privately owned real estate portfolios.

This position will be responsible for financial and strategic analyses at the asset, project, transaction and portfolio levels across KS' $4.6 billion real estate portfolio comprised of over 370,000 acres of commercial, agricultural, and conservation lands on five islands. The position offers meaningful project ownership, cross‑departmental collaboration, hybrid work flexibility, and periodic interisland travel.

Apply today to help strengthen ʻĀina Pauahi and advance the mission and legacy of Ke Aliʻi Pauahi.

Salary Range: $105,000–$178,500, depending on experience.

Job Summary

Supports divisional activities in areas of asset management, planning, research, finance, financial modeling, reporting, lease administration, environmental risk management, budgeting, diligence, transactional requirements, and project scheduling. Demonstrates proficiency in all areas of real estate finance and investment analysis including financial and economic analysis at asset and portfolio levels, portfolio strategy, valuation, macroeconomic and market trends, financing, development analysis, lease rates, pricing, deal structuring, project management and scheduling. Works with Portfolio Finance (PF) department management to implement divisional initiatives, provide support on key projects and, as needed, project-specific managerial oversight of, and assistance to PF team members.  Tracks and manages ongoing initiatives, working with management to develop business strategies and solutions to improve operational performance, coordinating financial and non-financial reporting, and assisting PF management with special projects as identified. Works with periodic input from manager.
 

Essential Responsibilities

Planning and Strategy Development

• Performs effective diagnosis and accurate analysis of issues for the purpose of creating short- and long-term strategies to fulfill portfolio planning, area planning and asset planning requirements, including assessment of leading industry practices and their application to KS. 

• Assists in the development of the real estate portfolio plan. 

• Conducts front-end diligence of specific projects, including preparation (or oversight of analysts performing same as appropriate) of financial projections, diligence, opportunity assessment, risk assessment, etc.  Develops appropriate documentation to support analyses and presents recommendations to PF management for review and approval.      

Project Management and Support

• As needed, provides project-specific managerial oversight and assistance to PF team members. 

• Communicates effectively with internal and external resources to ensure project deadlines are met and deliverables are provided.  

• Provides project management support for Divisional operations, planning and developments initiatives.

• Tracks and coordinates information flow and requirements to successfully deliver on project tasks.

• Coordinates work of internal and external staff assisting with project requirements.

• Prepares status updates as required.

• Provides project management and administration as required to initiate and see project to completion;

• Other areas of support include 1) diligence, 2) preparation of budget, development plans, and schedules, 3) invoice review and processing, 4) preparation of contracts, and 5) other duties as assigned.

Financial Management and Project Analysis

• Performs advanced financial and non-financial analyses in support of organizational decision-making, including single-asset and portfolio-level analyses of historical or projected performance, project pro-formas for new development or renovations, lease-by-lease projections of operating assets, and net present value calculations for prospective land or building leases.

• Creates and maintains advanced financial models in Excel and other financial software

• Responsible for reviewing and vetting analyses and financial models created by PF team members and others using Excel and other financial software

• Conducts Research, analysis and reporting relating to financial activities generally, including as relates to budget variances, operating performance, periodic variance analysis, periodic standard reports triggered by activities other than the passage of time, under-performing or watch list assets, rent rolls and other property-specific reports, accounts receivable, financial trend analysis and periodic asset valuations.

• Performs project-to-actual comparisons for development projects.

Diligence and Market Research

• Conducts primary and secondary research of market and asset-specific information for budget analysis, asset valuation, pro-forma preparation, transactional diligence or other related activities as determined by senior asset managers.  

• Develops an in-depth  understanding of the  key market, macroeconomic, political,  land use and other trends affecting real estate assets, including economic growth, supply/demand, demographic trends, competitive projects, future supply, rental market preferences (rates, terms, etc.), zoning, expense trends, and broker compensation. 

• Conducts detailed and critical research to provide basis for planning recommendations. 

• Understands planning implications and develops opportunities and constraints inventories for land assets. 

• Performs analysis and conducts studies for market areas in order to set baseline existing conditions including land use and permitted uses, demographics, market feasibility, environment, community sentiment, and infrastructure. 

• Tests program assumptions using a variety of technologies including GIS, scenario building visualization tools, financial analysis spreadsheets, and demographic databases.

• Evaluates planning alternatives and resolves or mitigates planning problems.

• Assists with other diligence requirements in support of Divisional activities, including (but not limited to) title, zoning, lease reviews, file reviews, operational assessments, etc

Operations

• Assists managers and directors in implementing asset plans or other assigned projects. Specific operational activities include but are not limited to oversight of third-party property managers, marketing and leasing, tenant credit analysis, lease negotiations, preparation of RFAs, problematic collection issues, zoning analyses, MRCIP, and contract administration.

• Performs/participates in general and administrative responsibilities including: 1) preparing Requests for Action (RFA), fiscal and other reports, 2) participation in applicable KS and/or Endowment initiatives and 3) other related duties as assigned or requested.

• Leads ad-hoc special projects that reside within PF, as needed. 

Position Requirements

Minimum Qualifications - An equivalent combination of education and experience may substitute for the requirements listed.

• Bachelor's Degree in Business Administration, Finance, Real Estate Development, Urban Land Economics, Architecture, Land Planning, Engineering, or related field.

• Minimum 5 years experience in real estate or a related field, with a focus on financial analysis, investments/acquisitions, valuation, management consulting or finance.

• In-depth understanding of finance and valuation theory.

• Excellent financial analysis and modeling skills.  Must be able to build and review complex financial model

• Must have strong understanding of standard underwriting models and criteria.

• Strong understanding of the full cycle of commercial real estate investment activities, including development, analysis, asset management, and financial structuring

• Strong understanding of real estate economics including supply and demand relationships, analytical techniques, and knowledge of appraisal approaches and drivers of value

• Outstanding customer service orientation

• Highly skilled in building and managing relationships

• Excellent interpersonal skills, including presentation, oral communication, and writing

• Strong computer skills and working knowledge of lease-by lease software applications (Argus).  Ability to learn new applications

• Impeccable character with high ethical standards consistent with those articulated by Kamehameha Schools

• Able to prioritize and manage multiple activities simultaneously; manage tasks to deadline; meet individual deadlines; work with a high degree of accuracy.

• Ability to manage highly confidential information using ethical conduct and discretion at all times

• Strong knowledge of Microsoft Office, including expert-level Excel skills

Preferred Qualifications

• Professional Association Certification (e.g., CPM, CRE, CCIM, etc.)

• Working knowledge of accounting practices and advanced knowledge of real estate finance/valuation software.

• Familiarity with government departments and regulations with regards to permits, zoning, building codes, and archaeological issues

• Familiarity with trends, supply/demand, and issues affecting real estate

Physical Requirements

• Frequently sit, perform desk based computer tasks and grasp light/fine manipulation.

• Occasionally stand/walk, write by hand, and lift/carry/push/pull objects that weigh up to 10 pounds.

• Rarely twist/bend/stoop/squat, kneel, crawl, climb, reach/work about shoulder, grasp forcefully.

Working Conditions

• This position may involve traveling to various locations, including neighbor islands to conduct business.

• Work is conducted in an office/school environment and may require work to be conducted in non-standard workplaces.

• Work is typically conducted Monday through Friday at normal business hours but evening and weekend hours are often required to meet goals and objectives.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by incumbents assigned to this job. This is not intended to be an exhaustive list of all the responsibilities, duties and skills required. The incumbent may be expected to perform other duties as assigned.

For Internal use only: #LI-CA

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities.  Please contact us at hr@ksbe.edu or 808-534-8040 if you require a reasonable accommodation to apply for a job or to perform your job.  Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

KS does not accept unauthorized solicitations of candidate referrals from third-party vendors (i.e. Staffing Agencies, Executive Recruitment Firms).  Any third-party vendor who has interest in supporting KS's recruiting efforts must be authorized by Human Resources prior to the vendor's candidate applying with KS.  

Work Year

12

Pay Range

105,000.00 - 156,000.00 Annual

Compensation and Benefits

Based on the compensation range provided below, salaries are commensurate with job-related experience, skills and competencies, education, internal equity, length of work year, and other organizational needs.

At Kamehameha Schools (KS), we recognize that compensation is just one facet of a fulfilling employment experience. Our commitment lies in fostering a positive work environment and equipping employees with the necessary resources to excel every day. Our Total Rewards Program embodies KS's dedication to the physical, mental, and financial well-being of our employee ʻohana. Explore our comprehensive Benefits Summary for more information.

Primary Location

Kawaiahao Plaza

City, State

Honolulu, Hawaii

Additional Locations

 Apply on company website