Real Estate Investment & Development Associate

Job Description

Job Title: Real Estate Investment & Development Associate (or could be Sr. Associate)

Location: Boca Raton, FL (On-Site, not hybrid / remote)

Salary: $130k - $180k depending on level of experience. Plus bonus 15-20%

Position Overview

A vertically integrated real estate investment platform focused on multifamily development is seeking a highly analytical professional to support new investments and active projects. This role provides hands-on exposure to the entire deal cycle—from initial opportunity screening and financial structuring through construction, stabilization, and ongoing asset performance monitoring.

The position offers significant interaction with senior decision-makers across investments, development, capital markets, portfolio management, accounting, and legal. It is ideal for someone looking to deepen their expertise in real estate private equity and multifamily development within a fast-paced, growth-oriented environment.

Core Responsibilities

Investment Analysis & Financial Structuring

• Construct and refine comprehensive underwriting models for ground-up developments and acquisitions.
• Prepare detailed cash flow projections covering acquisition, construction, lease-up, operations, and exit scenarios.
• Analyze layered capital stacks including senior debt, mezzanine financing, preferred equity, and joint venture structures.
• Run downside and upside case modeling to evaluate risk exposure and return sensitivity.
• Calculate performance benchmarks such as internal rate of return, equity multiples, yield metrics, and stabilized operating income.
• Model partnership economics and distribution waterfalls for various investor structures.

Market Intelligence & Research

• Conduct localized and regional market evaluations to validate rent growth, demand drivers, and supply trends.
• Review comparable properties and transactions to support underwriting assumptions.
• Analyze demographic shifts, absorption trends, pipeline activity, and financing conditions.
• Engage third-party advisors (brokers, consultants, research firms) to corroborate projections and assumptions.

Transaction Support & Pre-Development Coordination

• Assist in feasibility assessments including zoning review, entitlement considerations, and regulatory requirements.
• Support diligence coordination among legal counsel, engineering teams, lenders, brokers, and municipal contacts.
• Maintain organized deal files, investment summaries, and underwriting documentation.

Portfolio Analytics & Reporting

• Prepare materials for internal investment approvals and executive presentations.
• Contribute to investor communications and capital raise materials.
• Partner with asset management and finance teams to analyze quarterly performance, budget variances, and valuation updates.
• Support portfolio-level reporting and performance tracking initiatives.
• Recommend and implement enhancements to financial modeling and reporting processes.

Strategic & Cross-Functional Projects

• Perform analytical work related to capital formation initiatives, portfolio optimization, and operational improvements.
• Present findings and insights to leadership regarding performance metrics, development timelines, and financial forecasts.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Economics, Accounting, Engineering, Business, or similar discipline.
• 3–5 years of experience in real estate investments, acquisitions, development, private equity, capital markets, or a related analytical field (multifamily experience strongly preferred).
• Advanced proficiency in Excel, including development of complex financial models and investor waterfall structures.
• Solid understanding of real estate finance, construction budgeting, operating performance analysis, and valuation methodologies.
• Strong analytical mindset with exceptional attention to detail.
• Ability to prioritize multiple assignments in an entrepreneurial, deadline-driven setting.
• Effective communicator with the confidence to interact with and present to senior stakeholders.
• Self-starter mentality with strong accountability and ownership over deliverables.