I've read enough threads on RE Acquisitions to know what the acquisitions analysts do. I searched the forum and most threads were about comp and career paths for Acquisitions vs Asset Management. I understand at a high level what the asset management team does (performing hold/sell analysis, lease analysis, budget planning/approval, updating market research), but what is the analysts role in all of this?
I read that some asset management analysts at smaller funds will have accounting and investor reporting responsibilities. But what about bigger REITs and PE Funds where the asset managers actually do underwriting and property level financial analysis? What is an analyst actually doing in a Hold/Sell analysis or Budget approval situation?
I'm asking because I'd like to be able to probe an interviewer on an asset management team about the true responsibilities of an AM Analyst. So if anyone has work experience in AM at a large owner/operator or PE fund feel free to share your experience. Thanks