LMI Portfolio Management Analyst / Associate

### **Description** Last Mile Investments (“LMI”) is seeking a Portfolio Management professional that will be responsible for the development, execution, and ongoing refinement of firm\-wide, portfolio and asset level business plans across a diversified portfolio of retail investments. Serving as the financial backbone of the portfolio, this individual will oversee performance measurement, investor reporting, forecasting, valuation, capital planning, and strategic analysis to support investment decision\-making and maximize long\-term value creation. Working closely with senior leadership, asset management, operations, accounting, and investment teams, this role will translate investment objectives into actionable business plans, establish performance expectations, evaluate results, and identify opportunities to enhance portfolio returns. The position will also play an active role in portfolio financing strategy, including refinancing initiatives, debt capital markets activities, and balance sheet planning.### **Key Responsibilities** **Financial Analysis, Valuation \& Forecasting*** Develop and maintain portfolio and asset\-level financial models, forecasts, budgets, and valuation analyses. * Analyze operating performance, cash flow, investment returns, and key performance indicators. * Conduct sensitivity analyses and scenario modeling to evaluate strategic alternatives and investment outcomes. * Establish consistent performance measurement and valuation frameworks across the portfolio. **Asset Management \& Operational Partnership*** Partner with Asset Management and Operations teams to align asset\-level execution with portfolio objectives. * Evaluate leasing performance, operating expenses, capital projects, and market conditions to identify opportunities for enhanced returns. * Assist in developing and monitoring initiatives related to revenue growth, expense management, operational efficiencies, and strategic repositioning. * Serve as a key financial resource for operational decision\-making across the portfolio. **Capital Planning, Debt Strategy and Investor Relations*** Perform portfolio cash flow forecasting, liquidity planning, and capital expenditure forecasting. * Partner with team members on debt capital markets initiatives and transactions. * Support long\-term balance sheet planning and capital structure decisions. * Support investor account management across funds and separately managed accounts through performance analytics, reporting support, and ad hoc analysis * Support investor expansion and fundraising efforts through research, benchmarking, and analytical support * Prepare investor communications, case studies, and presentation materials for investment committee and investor use **Market Intelligence \& Strategic Communications*** Conduct market research, benchmarking, and competitive analysis to support portfolio strategy and business planning. * Monitor market rent trends, operating performance benchmarks, and investment market conditions. * Prepare presentations, portfolio reviews, and reporting materials for senior leadership, lenders, investment committees, and investors. * Communicate portfolio performance, strategic initiatives, financing activity, and business plan progress to key stakeholders. ### **Skills, Knowledge and Expertise** * Approximately 2–8 years of relevant experience in financial analysis, valuation, investment analysis, corporate finance, FP\&A, real estate finance, or related disciplines. * Exceptional financial modeling and analytical skills, with advanced proficiency in Microsoft Excel. * Demonstrated ability to build, maintain, and enhance complex financial models used for forecasting, valuation, budgeting, and strategic decision\-making. * Strong quantitative aptitude with a high degree of accuracy, attention to detail, and intellectual curiosity. * Ability to synthesize financial, operational, and market data into actionable insights and recommendations. * Self\-starter with a strong work ethic and the ability to work independently while managing multiple priorities in a fast\-paced environment. * Strong communication skills with the ability to effectively communicate financial concepts and recommendations to both operational and executive stakeholders. * Experience with real estate investments is preferred. Exposure to retail investments (and/or multifamily, student housing) is a plus, but not required. * Experience with ARGUS, CoStar, CBRE\-EA, or similar industry platforms is beneficial, but not required. ### **Benefits** Last Mile Investment’s Portfolio Management Analyst position will include a benefits package that includes medical, dental, life, and 401(k). It will provide a competitive salary based on the candidate’s experience.### **About Last Mile** **About Last Mile Investments:** Last Mile Investments (“LMI” or the “Firm”) is a rapidly expanding real estate fund manager specializing in the acquisition of last mile retail assets primarily located in Sunbelt markets, including Atlanta, Austin, Charlotte, Dallas/Fort Worth, Nashville, Jacksonville, Phoenix, Raleigh/Durham, and Tampa / St. Petersburg, among others. Headquartered in Cincinnati, OH, the Firm was founded in 2019 by Ryan Moore (CEO) and David Birdsall (CIO) (combined, the “Co\-Founders”), who have significant retail investment, management, and capital markets experience across their collective careers. Prior to co\-founding LMI, Ryan was a Principal at Phillips Edison \& Co., where he led their investment management business and was responsible for the $7 billion fully integrated real estate platform focused on the retail sector. David was formerly the President of the Strategic Investment Fund division of Phillips Edison and Co., and VP of Development with Regency Centers, a national owner, operator and developer of shopping centers. LMI's team currently consists of 24 professionals, all with deep experience in the retail sector. In addition, LMI is an affiliate of North American Properties (“NAP”), a privately held owner / operator that has invested $7 billion into the real estate sector since its inception in 1954\. **Market Opportunity** LMI has established a robust national portfolio across 24 markets and a clear vision for growth. The Firm is seeking to add $1 billion of assets to its portfolio over the next three years, aiming to reach $2 billion in assets across 30\-40 markets within five years. Historically, LMI has successfully raised multiple commingled fund vehicles, capitalized by a diversified roster of institutional, family office, and high\-net\-worth investors. Recently, LMI completed the capital raise of Fund III. LMI targets multi\-tenanted last mile retail assets that typically range in size from 10,000\-50,000 square feet in highly trafficked, densely populated locations. LMI often targets assets that are undermanaged and/or undercapitalized and seeks to create value through tailored capital improvements, lease\-up / re\-tenanting, operational improvements and mark\-to\-market opportunities. Importantly, LMI assets cater to e\-commerce\-resistant and service\-based tenants, including food \& beverage, health \& wellness, healthcare, and service/convenience users. **Last Mile Retail Differentiated Investment Strategy** This approach generates significant tenant demand and stable cash\-on\-cash returns. LMI's current portfolio consists of 32 last mile retail assets located throughout the Sunbelt. **About North American Properties** What makes a place great? North American Properties believes that it all comes down to connections—people to each other; cities to their souls; partners to opportunities; and individuals to experiences that move them. We believe that by fulfilling people’s desire for connectedness, we’re creating happier places and experiences that, in turn, become more successful environments, more vibrant communities, and ultimately, a better world. Since 1954, we’ve balanced a well\-capitalized approach and a keen focus on successful execution with a willingness to question conventional wisdom, reimagining and expanding the possibilities for more than $7 billion of assets across the US. Whether developing multifamily, mixed\-use, office, student housing, hotel, or retail environments, we’re driven to deliver more valuable, meaningful real estate that transforms, inspires, delights, and succeeds by connecting us all with what matters most.