Investment & Development Associate

HPI Real Estate Services & Investments; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health, dental and vision insurance

401k with a safe harbor company match

PTO and paid company holidays

Paid life insurance

Maternal/Paternal leave

Job summary

HPI Real Estate Services & Investments in Dallas seeks a seasoned acquisitions and development professional to own underwriting and deal execution end-to-end across Class A office and industrial assets. You will work with investment committee, capital partners, and leasing teams.

You will analyze markets, perform due diligence, negotiate contracts, coordinate with lenders and equity partners, support ground-up development, drive occupancy and rent roll, and contribute to capital raising.

Qualifications

• 4+ years of commercial real estate experience in acquisitions, development, or investment analysis.
• Full-cycle deal experience: underwriting through closing, stabilization, and exit.
• Advanced Excel and financial modeling skills; Argus and Yardi proficiency preferred.
• Bachelor's degree in Finance, Real Estate, or related field.

Responsibilities

• Underwrite acquisition, development, and value-add opportunities across office, industrial, and mixed-use assets; build and maintain financial models supporting investment decisions.
• Prepare Investment Committee memoranda and debt/equity packages for new investments.
• Manage full-cycle acquisition and disposition processes: market analysis, due diligence, contract negotiation, financing, and closing.
• Coordinate with lenders, equity partners, family offices, and institutional investors on debt and equity capitalization.
• Support ground-up development from site acquisition and entitlement through construction oversight and stabilization.
• Work alongside leasing teams to drive occupancy and rent roll performance on owned assets.
• Contribute to capital raising efforts, including investor materials and direct outreach.
• Track and report on portfolio performance and deal pipeline to firm leadership.

Skills

Analytical skills

Communication

Excel proficiency

Financial modeling

Education

Bachelor's degree in Finance/Real Estate

Tools

Argus

Yardi

Excel

Job description

Description

We are a full-service commercial real estate firm serving Austin, Dallas, Fort Worth, Houston, and San Antonio with over 30 years of experience developing, managing, and investing in commercial real estate. This 360-degree perspective gives us the expertise to maximize investment value while navigating through any real estate challenge. Backed by the best staff in the industry, our mission is to build trusting relationships with our clients through proven results, professional integrity, and exceptional service.

Description

We are a full-service commercial real estate firm serving Austin, Dallas, Fort Worth, Houston, and San Antonio with over 30 years of experience developing, managing, and investing in commercial real estate. This 360-degree perspective gives us the expertise to maximize investment value while navigating through any real estate challenge. Backed by the best staff in the industry, our mission is to build trusting relationships with our clients through proven results, professional integrity, and exceptional service.

HPI is seeking a candidate to support acquisitions, ground-up development, and value-add repositioning across our Class A office and industrial portfolio in Dallas and adjacent markets. This role owns underwriting and deal execution end-to-end — from initial market analysis through closing, stabilization, and disposition/refinance — working directly with HPI's investment committee, capital partners, and leasing teams.

Key Responsibilities

• Underwrite acquisition, development, and value-add opportunities across office, industrial, and mixed-use assets; build and maintain financial models supporting investment decisions
• Prepare Investment Committee memoranda and debt/equity packages for new investments
• Manage full-cycle acquisition and disposition processes: market analysis, due diligence, contract negotiation, financing, and closing
• Coordinate with lenders, equity partners, family offices, and institutional investors on debt and equity capitalization
• Support ground-up development from site acquisition and entitlement through construction oversight and stabilization
• Work alongside leasing teams to drive occupancy and rent roll performance on owned assets
• Contribute to capital raising efforts, including investor materials and direct outreach
• Track and report on portfolio performance and deal pipeline to firm leadership

Qualifications

• 4+ years of commercial real estate experience in acquisitions, development, or investment analysis
• Full-cycle deal experience: underwriting through closing, stabilization, and exit
• Advanced Excel and financial modeling skills; Argus and Yardi proficiency preferred
• Bachelor's degree in Finance, Real Estate, or related field
• Strong written communication skills for IC memos and investor-facing materials
• TREC license a plus

Why HPI Real Estate

Our values of passion, teamwork, and a Texas-sized competitive spirit are what make our team the best in the industry. We take pride in our homegrown culture that encourages opportunities for professional and personal growth. If you share these values and are looking to work for the leading commercial real estate firm in Texas, you have come to the right place. We invest in our employees and offer exceptional benefits like:

• Health, dental and vision insurance
• 401k with a safe harbor company match
• PTO and paid company holidays
• Paid life insurance
• Maternal/Paternal leave

HPI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training