Sr Investment Analyst

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

Job summary

Join a forward-thinking company dedicated to creating vibrant communities. As a Sr. Investment Analyst, you'll play a crucial role in maximizing the value of multi-family real estate investments. This position involves conducting financial analyses, monitoring property performance, and collaborating with cross-functional teams to develop data-driven solutions. With a commitment to diversity and total wellbeing, this innovative firm offers a supportive workplace culture and comprehensive benefits. If you're passionate about real estate and eager to make an impact, this opportunity is perfect for you.

Benefits

Medical, dental, and vision care

401(k) Retirement Savings Plan

Rent Discounts

Paid Community Service Hours

Leadership Development Programs

Paid Holidays

Annual Vacation Time

Paid Sick Leave

New Parent Benefits

Wellness Programs

Qualifications

• 3-5 years experience in financial analysis and real estate.
• Familiarity with lease documents and purchase agreements.

Responsibilities

• Assist with underwriting and due diligence for acquisitions.
• Monitor financial performance and conduct market research.

Skills

Financial Analysis

Analytical Skills

Communication Skills

Data Analysis

Team Collaboration

Education

Bachelor's Degree in Real Estate

Bachelor's Degree in Finance

Tools

SQL

R

Python

Job description

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
• Career Wellbeing: Leadership Development
• 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 TIs and redevelopment to ensure that the program is within the budget guidelines.
• Develops systems 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 daily with Investment Officers, Area Vice Presidents 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 professionally at all times, maintaining a courteous attitude when dealing with residents, coworkers, and the public.

What You’ll Need To Thrive

• Bachelor's 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.
• Strong analytical skills, as well as strong written and verbal communication skills.
• Experience working with cross-functional teams, including engineering and business stakeholders, to 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.

Working Environment

Office environment.

Salary

$99,121 - $136,291 per year; in addition to base salary, a discretionary annual bonus is provided. The starting pay will be determined based on skills, experience, and qualifications.

About Us

Working for Equity Residential (EQR), a leading multi-family REIT, means living our purpose: creating communities where people thrive. We strive to provide the best in apartment living, innovate boldly, and inspire creativity. Our portfolio spans high-quality properties in urban markets such as New York City, Boston, Washington DC, Seattle, San Francisco, Southern California, and Denver.

Our employees are our greatest asset, and we foster a culture of engagement, pride, and opportunity. We offer comprehensive benefits supporting your Total Wellbeing, including medical, dental, vision, paid time off, wellness programs, pet insurance, and rent discounts.

Our Values

At Equity Residential, diversity and inclusion are core to our success. We are committed to creating a work environment that is equitable, inclusive, and free from discrimination and harassment. We value the unique perspectives of our employees and strive to maintain a diverse workforce where everyone can thrive.