Investment Analyst

Realized Holdings Inc; Austin (TX); Hybrid; USD 70,000 - 100,000; Full time

Job summary

Realized Holdings, Inc. in Austin, TX, seeks an Investment Analyst to underwrite and diligence CRE offerings, model cash flows, and review lender/sponsor documents. You will present findings to the Due Diligence Committee and sales team, working with senior leadership.

You do not need prior experience with DSTs or UPREITs; a 0–3 year track record with strong modeling and Excel skills is valued. Remote options possible alongside a local hybrid setup.

Qualifications

• Bachelor's degree in Real Estate, Finance, Accounting, Economics, or related field, or equivalent experience.
• 0 to 3 years in financial analysis, underwriting, acquisitions, asset management, lending, or a similar role.
• Strong financial modeling skills, including cash flow analysis, return metrics, and layered debt and equity structures.
• Advanced Excel and PowerPoint skills; ability to produce presentation-ready outputs.
• Clear writing and the ability to explain technical conclusions to a skeptical audience.
• Good judgment with confidential information and the discipline to manage several workstreams at once.

Responsibilities

• Underwrite and model CRE investments, including market analysis, cash flow projections, and debt/equity structures; build new models.
• Review offering materials and third-party diligence; challenge sponsor assumptions and present findings to the DD Committee and sales team.
• Support sales as a subject-matter expert on internal calls and in presentations and written materials.
• Contribute to internal data/analytics tool development; document requirements and test releases as needed.
• Use AI-assisted tools to speed up document review and data extraction; verify outputs against source documents.
• Follow the competitive landscape across real estate, capital markets, and private placement products; perform ad hoc research.
• Over time, take ownership of complex transactions from first look to management recommendation.

Skills

Financial modeling

Excel

PowerPoint

Written communication

Time management

Education

Bachelor's degree

Tools

ARGUS

Job description

Investment Analyst

Organization: Realized

Date Posted: 11/1/2026

Posted By: Drew W. Reynolds

Date Needed: 1/1/2027

City: Austin

Location: Texas

Country: United States

Primary Category: Entry Level

Type of Position: Full-Time

Education Requirement: Bachelor's

Experience Requirement: 1-2 years

Investment Analyst
Realized Holdings, Inc. | Austin, TX or Remote | Full Time | Exempt
Reports to: VP of Research
Compensation: Base salary, bonus and benefits. Competitive and commensurate with experience.

About the Role

Realized Holdings is an Austin-based investment platform focused on tax-advantaged private placement real estate, including Delaware Statutory Trusts (DSTs), UPREITs, Qualified Opportunity Zone investments, and a range of fund structures. As an Investment Analyst on the Research team, you will underwrite and diligence the offerings we bring to advisors and investors. You will work directly with senior leadership, and you will often be the person explaining the numbers to our Due Diligence Committee and sales team.

You do not need prior experience with the specific investment structures.

What You Will Do

• Underwrite and model commercial real estate investments, including market analysis, historical performance, cash flow projections, and debt and equity structures. Build new models where existing ones fall short.
• Review offering materials and third-party diligence, including appraisals, environmental and property condition reports, and lender and sponsor documents. Challenge sponsor assumptions and present findings to the Due Diligence Committee and the sales team.
• Support the sales team as a subject matter expert on internal calls and in preparing presentations and written materials.
• Contribute to internal data and analytics tool development with the Development team, including documenting requirements and testing releases as needed.
• Use AI-assisted tools to speed up document review and data extraction, and verify all outputs against source documents.
• Follow the competitive landscape across real estate, capital markets, and private placement products, and complete ad hoc research as needed.
• Over time, take ownership of complex transactions from first look through a recommendation to management, with an internal path for advancement.

What You Bring

• Bachelor's degree in Real Estate, Finance, Accounting, Economics, or a related field, or equivalent experience.
• 0 to 3 years in financial analysis, underwriting, acquisitions, asset management, lending, or a similar role.
• Strong financial modeling skills, including cash flow analysis, return metrics, and layered debt and equity structures.
• Advanced Excel and comfort building presentation-ready output in PowerPoint.
• Clear writing and the ability to explain technical conclusions to a skeptical audience.
• Good judgment with confidential information and the discipline to manage several workstreams at once.

Preferred

• ARGUS experience.
• Commercial real estate, commercial mortgage, or real estate private equity background.
• Working knowledge of real estate taxation, including 1031 exchange mechanics.