Real Estate Associate

Bailard, Inc.; San Francisco (CA); Hybrid; USD 130,000 - 150,000; Full time

Job summary

Bailard, Inc. is seeking a Real Estate Associate to join the Real Estate team in the San Francisco Bay Area.

The role involves underwriting new investments, supporting acquisition and asset management, and delivering financial analyses for investment decisions, valuations, and portfolio support. The ideal candidate has 3–5 years of CRE experience, a bachelor’s degree in Finance/Real Estate, and strong skills in Argus and Excel.

Qualifications

• Bachelor’s degree required, preferably in Finance, Real Estate, or related field.
• 3-5 years of work experience in commercial real estate.
• Strong proficiency in Argus and Excel with experience in discounted cash flow modeling and waterfall structures.
• Desire to travel and cover markets nationally.
• Ability to communicate effectively both orally and in writing, with diverse audiences.
• Experience in the financial services or investment management industry.

Responsibilities

• Conducting financial analysis for potential acquisitions, including creating and modifying Argus and Excel models, discounted cash flows, and partnership waterfalls.
• Coordinate due diligence with legal counsel, third-party consultants, investment brokers, and lenders.
• Compile market research necessary for acquisition assumptions, including lease and sales comparables, competitive sets, development pipeline, and other market data as needed.
• Support and lead ongoing asset management initiatives including new lease negotiations, execution of capital plans, property financings, development asset draw schedules, and hold/sell analysis for exit scenarios.
• Interface with third-party stakeholders including leasing brokers, property managers, and joint venture partners to create and enact asset-level business plans.
• Manage quarterly valuations of existing assets via third-party appraisals.
• Prepare internal investment memos for acquisitions, dispositions, financing, and refinancing.
• Provide oversight and support for junior team members.
• Additional duties as required by the Real Estate team

Skills

Communication

Analytical thinking

Problem-solving

Financial analysis

Team collaboration

Education

Bachelor’s degree in Finance, Real Estate, or related field

Tools

Argus

Excel

Job description

Join a Legacy of Values-Driven Excellence!

Founded in 1969, Bailard is an independent, values-based asset and wealth management firm distinguished by our entrepreneurial roots and majority employee ownership. Grounded in the principles of accountability, compassion, courage, excellence, fairness, and independence, we have cultivated a high-trust culture that prizes intellectual rigor and personal integrity. Bailard is purposefully different, and we view that distinction as a powerful strength. For several years, we’ve been honored as one of the nation’s best workplaces, a testament to our enduring commitment to our people. We are dedicated to creating an environment where individuals are empowered to grow, thrive, and feel genuinely supported by their team.

Who are you

The Real Estate Associate is a key member of the Bailard, Inc. Real Estate team and is an integral position for the organization, reporting to the Senior Vice President of Real Estate. The Real Estate Associate will have a leading role in the property-level analytical activities for the Fund’s investments. The position will provide support to both the acquisition and asset management disciplines, across all property types and geographies. The functions of the role include underwriting new investments, providing financial analysis for all investment-level decisions, assisting with quarterly valuations of existing investments, and working closely with the fund’s portfolio managers. Additional responsibilities include support for real estate-related projects and duties.

The ideal candidate will be an energetic, hard-working, and enthusiastic individual seeking a growing team and eager to work closely with experienced real estate professionals.

Responsibilities

• Conducting financial analysis for potential acquisitions, including creating and modifying Argus and Excel models, discounted cash flows, and partnership waterfalls.
• Coordinate due diligence with legal counsel, third-party consultants, investment brokers, and lenders.
• Compile market research necessary for acquisition assumptions, including lease and sales comparables, competitive sets, development pipeline, and other market data as needed.
• Support and lead ongoing asset management initiatives including new lease negotiations, execution of capital plans, property financings, development asset draw schedules, and hold/sell analysis for exit scenarios.
• Interface with third-party stakeholders including leasing brokers, property managers, and joint venture partners to create and enact asset-level business plans.
• Manage quarterly valuations of existing assets via third-party appraisals.
• Prepare internal investment memos for acquisitions, dispositions, financing, and refinancing.
• Provide oversight and support for junior team members.
• Additional duties as required by the Real Estate team

Qualifications:

• Bachelor’s degree required, preferably in Finance, Real Estate, or related field.
• 3-5 years of work experience in commercial real estate.
• Ability to communicate effectively both orally and in writing, with the ability to effectively adapt communication to multiple audiences.
• Strong proficiency in Argus and Excel with experience in discounted cash flow modeling and waterfall structures.
• Desire to work across real estate disciplines and learn all asset classes.
• Experience working within the financial services or investment management industry.
• Intellectual curiosity and demonstrated ability to stay current with technological developments.
• Strong analytical thinking and problem-solving skills.
• Ability to work independently and as part of a team.
• Desire to travel and cover markets nationally

Preferred Qualifications:

• Prior experience working in the Financial Services Industry, specifically in Real Estate.
• Knowledge and understanding of SEC regulatory requirements and the technology required to meet those requirements.

Location & Travel

• Hybrid position based in the San Francisco Bay Area
• Travel as required

$130,000 - $150,000

Note: If you have been employed by Charles Schwab & Co., Inc. (including any Schwab affiliates) in a client-facing position within the past 12 months, please provide your job title and last date of employment

Bailard is an equal opportunity employer committed to diversity, equity, and inclusion. We value diverse backgrounds and perspectives as essential to innovation and success. We welcome candidates who bring their authentic selves and help foster a workplace where everyone feels valued and heard. All employment decisions are based on qualifications, merit, and business needs. Background check required. Pursuant to the San Francisco Fair Chance Ordinance, Bailard will consider for employment qualified applicants with arrest and conviction records.

More information on Bailard awards can be found at: www.bailard.com/awards