Real Estate Finance and Operations - Real Estate Investing - Associate

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.8 trillion in assets under management or supervision as of September 30, 2025. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

Morgan Stanley Real Estate Investing (“MSREI”) is the global private real estate investment management business of Morgan Stanley. One of the most active property investors in the world for over three decades, MSREI employs a patient, disciplined approach through global value-add / opportunistic and regional core real estate investment strategies. With 17 offices throughout the U.S., Europe and Asia, regional teams of dedicated real estate professionals combine a unique global perspective with local presence and significant transaction execution expertise. MSREI currently manages $55 billion of gross real estate assets worldwide on behalf of its clients.

North Haven Net REIT (“NetREIT”) is MSREI’s first public non-traded REIT product and a leading offering in MSIM’s range of evergreen alternative products. NetREIT’s strategy is to invest in a diversified portfolio of single-tenant commercial real estate properties net leased on a long-term basis to credit-worthy tenants with the objective of providing attractive current income through tax-advantaged distributions and capital appreciation. Since inception in April 2024, NetREIT has ramped an investment portfolio in excess of $2 billion and raised over $1 billion of third-party capital from over 5,000 shareholders. NetREIT conducts continuous private offerings through wire-house and RIA channels and operates as a public company registered under the ‘34 Act subject to Sarbanes-Oxley 404(a) and annual PCAOB external audit.

Position Description:

As a member of the NetREIT finance team, the individual’s role will be integral to the finance, operations and reporting functions of Net REIT. The position involves working closely with NetREIT's asset management and finance teams as well as with its independent auditors, outside counsel, tax advisor, fund administrator, transfer agent and other vendors.

Primary Responsibilities:

• Coordinate and review monthly closing of NAV books and financial reporting deliverables with fund administrator
• Oversee property managers’ monthly reconciliation of property level-accounting
• Prepare quarterly and annual GAAP financial statements and footnotes and coordinate with independent auditors in quarterly review and annual audit process
• Prepare various SEC filings including Form 10-K/Q filings
• Support tax advisor and internal tax team analysis of investment and REIT level matters
• Operate treasury function in coordination with fund administrator, transfer agent and lenders
• Perform compliance analytics for financial covenants as well as for tax, REIT and Investment Company Act of 1940 compliance

Qualifications:

• BA/BS required, CPA or CPA candidate preferred; Big 4 experience strongly preferred
• Minimum of 3-5 years of experience in public or private accounting
• Familiarity with commercial real estate and market value accounting preferred
• Strong accounting, analytical and data management/aggregation skills
• PC proficiency, including knowledge of Microsoft Office, is required; Yardi and Oracle Financials general ledger experience is a plus
• Ability to work within a team and under tight deadlines with minimal supervision
• Availability for minimum four-day per week in office position at 1585 Broadway

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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Expected base pay rates for the role will be between $115,000 and $135,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).