Senior Investment Associate

Company: Centennial Real Estate Company LLC
Location: Dallas
Posted on: February 18, 2026

Job Description:

Job Description Job Description This position will support the VP Investments in sourcing, underwriting, analyzing, and modeling transactions. They will lead the due diligence work for transactions under consideration, validate underwriting assumptions, and prepare internal and external presentations regarding potential transactions for review by the investment committee. Must possess a deep understanding of real estate dynamics and valuation methodologies within different asset classes and will support capital raising efforts and asset management (once properties are acquired). PRINCIPAL JOB ACTIVITIES: Evaluate core-plus, value-add, and opportunistic investment opportunities throughout the 50 largest MSAs in the United States. Acquisitions will primarily be focused on neighborhood and necessity-based retail Will occasionally assist in evaluating retail development opportunities. "Evaluation of opportunities" will include financial modeling (Excel and Argus Enterprise ), market analysis (retail and alternative uses such as office, multi-family, for sale housing, lodging, medical, health & wellness) and integrating land value creation and development returns for these alternative uses. Proficient in using the internet to "fill holes" in Acquisition Submission Memos provided by Selling Brokers. Lead retail space-by-space analysis with senior members of Centennial's leasing This analysis will serve as the backbone for Argus modeling. Beyond the underwriting of acquisitions, the ability to incorporate development projects into 5–10-year cash flow models. May spend 10-20% of time assisting the Development Team. Underwriting will include preparation of Preliminary Investment ("Heads up") Memos and Formal Investment Memos for Investment Approval, and participation in IC Proactively respond to broker submissions of properties for sale and perform initial triage of Underwriting efforts may include travel to acquisition targets. This travel will include touring competitive projects as well as projects where alternative uses have already been Manage the Acquisition Pipeline database used in Weekly Pipeline Review Regular interactions with the entire senior management The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor. REQUIREMENTS: Bachelor's Degree (preferably in Finance, Accounting or Real Estate). Minimum of 5 years of real estate investment underwriting Argus Enterprise modeling experience Fluent in MS Office suite of products (Excel, Power Point, Word). Strong communication skills: written and ability to communicate efficiently via email (brevity is essential). High level of organization with the ability to maintain files on numerous projects Attention to detail and ownership of investment Proven leadership capability: mentor Investment Analysts, setting priorities for their entrepreneurial mindset and the ability to prioritize and multi-technical understanding of retail leasing mechanics (LOI, Lease Signing, Build-out, Lease and Rent Commencement). High aptitude and proficiency in project and fund modeling (investor waterfalls) and multi-tenant commercial property (office, retail) underwriting. Some experience in negotiating acquisition and financing documents a plus. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is performed in an office environment and requires the ability to operate standard office equipment including computer, scanner, printer, and keyboard/mouse. While performing the duties of this job, the employee is regularly required to sit, move about an office, speak, and hear. The employee is occasionally required to travel. The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal and expansive reading. EQUAL OPPORTUNITY EMPLOYER: Centennial ensures equal employment opportunities regardless of race, creed, gender, color, national origin, religion, age, sexual orientation, or disability. Centennial is a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners. With over 300 employees nationwide, the firm now operates 20 million square feet of mixed-use destinations in 16 states. Since 1997, Centennial has played a pivotal role in shaping the evolution of American retail by creating a superior multi-faceted shopping experience with properties that serve not only as a place of commerce, but as a place of community. centennial createdbycentennial Centennial does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Centennial to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Centennial will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies. All job offers are contingent on completion of a background check and proof of eligibility to work in the United States. Company Description We believe retail real estate holds the power to transform communities, foster connection, and drive economic growth. Since 1997, Centennial has been dedicated to reimagining the retail landscape, specializing as a full-service owner, operator, and third-party management platform. From classic enclosed shopping centers to vibrant open-air lifestyle destinations, we manage and revitalize places that inspire connection, experience, and community. Today, we oversee more than 25 million square feet across 18 states. With a team of over 300 dedicated professionals, we deliver precision and purpose to every asset, delivering tailored experiences and measurable results for investors, tenants, and the communities we serve. Company Description We believe retail real estate holds the power to transform communities, foster connection, and drive economic growth. \r\n\r\nSince 1997, Centennial has been dedicated to reimagining the retail landscape, specializing as a full-service owner, operator, and third-party management platform. From classic enclosed shopping centers to vibrant open-air lifestyle destinations, we manage and revitalize places that inspire connection, experience, and community.\r\n\r\nToday, we oversee more than 25 million square feet across 18 states. With a team of over 300 dedicated professionals, we deliver precision and purpose to every asset, delivering tailored experiences and measurable results for investors, tenants, and the communities we serve.

Keywords: Centennial Real Estate Company LLC, Waco , Senior Investment Associate, Accounting, Auditing , Dallas, Texas