Real Estate Transactions Associate — Underwrite Deals & IRR

Industrious; New York (NY); On-site; USD 110,000 - 120,000; Full time

Benefits offered by this job

Medical, dental and vision plans

Flexible PTO

Parental leave

Development grants

401(k) retirement savings

Wellness programs

Job summary

Industrious in New York seeks a Real Estate Associate to underwrite deals in Excel, validating start dates, budgets, rent, and returns. You will work with Design, Construction, Finance and Business Development to ensure every number supports the investment thesis.

The role emphasizes accuracy, clear flagging of tight deals, and explaining IRR, cash flows, and margins to help the team decide next steps. A growing team and new product underwrite create opportunities to learn and advance.

Qualifications

• Hands-on experience underwriting real estate deals.
• Ability to explain deal returns clearly (IRR, cash flows, P&L, margin).
• Track record of accurate work across high-volume tasks.

Responsibilities

• Underwrite assigned deals in Excel, checking every assumption and making sure each component, from start date and budgets to pricing and IRR, tracks.
• Explain each deal's returns clearly, including IRR, cash flows, P&L, and margin, so business development can make an informed decision.
• Flag where a deal is tight, on pricing, occupancy, CapEx, OpEx, rent, or revenue share, and where it may need more support.
• Make sure figures from Design, Construction, and Finance carry through accurately into the deal.
• Support deal reviews and Investment Committee materials with numbers that hold up to scrutiny.
• Support several business development colleagues across their deal flow, moving between priorities as needs change.

Skills

Excel

IRR

Financial modeling

Real estate underwriting

Pivot tables

Education

Bachelor's degree in a related field

Tools

Excel

Job description

Industrious in New York seeks a Real Estate Associate to underwrite deals in Excel, validating start dates, budgets, rent, and returns. You will work with Design, Construction, Finance and Business Development to ensure every number supports the investment thesis.

The role emphasizes accuracy, clear flagging of tight deals, and explaining IRR, cash flows, and margins to help the team decide next steps. A growing team and new product underwrite create opportunities to learn and advance.