Sr Investment Analyst

Equity Apartments; New York (NY); On-site; USD 99,000 - 137,000; Full time

Job summary

A leading multi-family real estate investment trust is seeking a Sr. Investment Analyst to assist with underwriting and due diligence for acquisitions and dispositions. The role involves financial analysis, market research, and collaboration with various stakeholders to maximize property value and investment returns.

Benefits

Medical, dental, and vision care

401(k) Retirement Savings Plan

Rent Discounts

Paid Community Service Hours

Annual vacation time

Qualifications

• 3-5 years experience in financial analysis required.
• Good understanding of financial concepts like IRR and NPV.

Responsibilities

• Responsible for financial and due diligence analysis for transactions.
• Conducts market research to assist in assessing property performance.

Skills

Analytical Skills

Communication

Collaboration

Education

Bachelors Degree in Real Estate

Bachelors Degree in Finance

Tools

SQL

R

Python

Job description

At Equity Residential, we're dedicated to creating thriving communities, and we invite you to be part of our team. Embracing values like Diversity, Sustainability, and Total Wellbeing, we foster a workplace culture of authenticity and collaboration.

How We Deliver a Winning Performance :

• Question Authority
• Walk the Talk
• Share Knowledge
• Listen, not just Hear
• See the Glass Half Full
• Take Educated Risks
• Enjoy the Ride
• Share the Spotlight
• Do the Right Thing
• Test Your Limits

We Care About Your Total Wellbeing :

• Physical Wellbeing : Medical, dental, and vision care
• Social Wellbeing : 9 paid holidays, annual vacation time, paid sick leave, new parent benefits
• Financial Wellbeing : 401(k) Retirement Savings Plan, Rent Discounts, Competitive Compensation
• Community Wellbeing : Paid Community Service Hours
• Learn more about our Total Wellbeing program here.

What You'll Be Doing :

This position is responsible for assisting with the underwriting and due diligence process for all acquisitions, dispositions, and rehab of multi-family real estate. The Sr. Investment Analyst is also charged with maximizing the value of assigned residential properties to maximize the return on investment of the real estate assets.

• Responsible for financial and due diligence analysis for potential transactions and current assets.
• Monitors monthly Property Operating Statements as well as Variance Analysis which explains actual monthly and year to date results as compared to the annual budget.
• Assists with the coordinates all aspects of due diligence, tracks any changes in financial projections and provides assistance to Investment Officers throughout the process.
• Closely monitors capital spending programs including TI's and redevelopment to ensure that the program is within the budget guidelines.
• Develops system to analyze ownership structures, financing or commercial leases that may be unique to specific transactions.
• Update and distribute weekly pending investments status report.
• On a quarterly and or / semi-annual basis, conduct reviews of the performance of specific assets, the revised cash flow reforecast, and the redevelopment costs vs. budget figures.
• Conducts market research to assist in the assessment of sub markets and property performance; tracks critical indicators such as MF permits / completions and SF activity.
• Asks critical questions, creates alternatives, reacts to changes in the marketplace and proposes refinancing and disposition actions from the owner's point of view.
• Interacts on a daily basis with Investment Officers, Area Vice President of Property Management, real estate brokers, appraisers, environmental consultants, real estate tax consultants, and internal EQR customers.
• Assists with special projects requested by Investment Officers.
• Represents the Company in a professional manner at all times. Consistently maintains a professional courteous attitude when dealing with residents, coworkers and the general public.

What You'll Need to Thrive :

• Bachelors Degree in Real Estate, Finance required.
• 3-5 years experience; good understanding of financial concepts, such as IRR and NPV.
• Familiarity with real estate lease documents and purchase agreements required.
• Must possess strong analytical skills, as well as strong written and verbal communication skills.
• Experience collaborating with cross-functional teams, including engineering and business stakeholders to define problem statements and develop data-driven solutions.
• Proficiency in data analytics tools and technologies, such as SQL, R, Python, etc., with a strong ability to perform data analysis and statistical modeling tasks.

Salary :

99,121 - $136,291 / year; in addition to base salary, a discretionary annual bonus is provided.

The successful candidate's starting pay will be determined based on job-related skills, experience, and qualifications.

About Us

Working for Equity Residential (EQR), a leading multi-family real estate investment trust (REIT), means living our purpose : creating communities where people thrive. It means striving to provide the best in apartment living, speaking boldly about new ideas for innovation, and inspiring creativity in the ways we work together.

Our portfolio of high-quality properties in urban growth markets - New York City, Boston, Washington DC, Seattle, San Francisco, Southern California, and Denver - provides homes where people most want to live, work and play. We've got the best people in the business, as evidenced by our employee engagement scores and customer loyalty ratings. That's why our employees say they are proud to work at Equity, a company that gives our residents a place where they can Live Remarkably, and offers a culture where our employees have the opportunity to thrive.

Equity Rewards

When you join Equity Residential, you won't be treated as simply another employee - you will be considered a partner in our shared success. As such, we are committed to investing in your personal success through a benefits program that supports your Total Wellbeing.

We recognize that everyone has different needs outside of work. That's why, in addition to a competitive benefits package (medical, dental, vision and paid time off), we offer many unique benefits options to employees, like a comprehensive wellness program, pet insurance, new parent benefits, and paid time off for community service projects. In addition to your next job, you can also find your next home with us! Rent discounts on Equity Residential apartment homes are available to our benefits-eligible employees. The amount of the discount offered is determined based on the market, ranging upwards from 20%. Learn more about our Total Wellbeing program here.

Equity Values

At Equity Residential, like our residents, our employees come from everywhere. A richly diverse work environment captures top talent, cultivates the best ideas, and creates the widest possible platform for success. By focusing on inclusion, these differences are harnessed to create value - in ideas, business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive.

All aspects of the employment process are merit-based. Every Equity employee is expected to maintain a work environment that is free from discrimination and harassment. Equity Residential does not discriminate against any employee or job applicant because of race, religion, color, creed, sex, sexual orientation, gender, sexual / gender identity / expression, age, pregnancy (including childbirth, lactation or related medical conditions), physical or mental disability, national origin, citizenship status, military (including uniformed service member or protected veteran) status, marital status, genetic characteristic or information, ancestry or any other characteristic protected by law. Equity Residential also prohibits retaliation against individuals who report harassment or discrimination, or participate in investigations into such conduct.

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