Early Career : Investment Analyst

JOB DESCRIPTION

Working for Equity Residential (EQR), a leading multi-family real estate investment trust (REIT), means being part of a community and 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 and Los Angeles - provides homes where people most want to live, work and play. We've got the best people in the business, and our experience shows in our dedication to our residents and in how much we value each other as colleagues. That's why our employees say they are proud to work at Equity, a company that gives our residents a place where they canLive Remarkably, and offers a culture where our employees have the opportunity to make their mark.

Under the direction of the VP, Investments, you will assist with the underwriting and due diligence process for all acquisitions, developments, dispositions, and renovations in the assigned portfolio. As an Investment Analyst, you are tasked with helping to maximize EQR's overall portfolio value via ongoing investment performance monitoring and in depth portfolio level analysis. You will be heavily involved in monitoring and analyzing monthly Property Operating Statements and Variance Analysis while proactively making suggestions to improve the ROI of portfolio assets. Each day will be unique, requiring an ability to work independently, ask questions when needed, think strategically, take initiative, and employ a diverse set of skills.

WHO YOU ARE

• Analytical and Creative.
  You like thinking outside the box while coming up with effective solutions to complex challenges. Comfort around asking critical questions, challenging the status quo, proposing actions from the owner's point of view, and responding to changes in the marketplace.
• A Strong Communicator.
  Your writing and speaking skills are clear and effective, helping you connect well with others.
• Organized and Confident.
  You are flexible, composed, and able to prioritize multiple tasks and deadlines simultaneously while confidently interacting with individuals across all levels of the organization.
• Motivated.
  You invest extra energy to reach your goals.
• A Solution-Oriented Team Player.
  You are united with teammates and follow through on commitments.

WHAT YOU'LL DO

• Formulate underwriting models
  for all assigned development, investment, redevelopment, and renovation projects.
• Organize due diligence activities
  for transactions that are under agreement, while working closely with our Property Management team on the successful integration of new acquisitions/developments.
• Prepare presentations and memorandums
  for Investment Committee review.
• Conduct appraisals on the performance
  of specific assets,including revising cash flow forecast, and the redevelopment costs vs. budget figures on a quarterly and or/semi-annual basis.
• Closely monitor capital spending programs
  including tenant improvements and redevelopment to ensure that the program is within the budget guidelines.
• Interact daily with Investment Officers
  , Vice President of Property Management, Regional Managers, real estate brokers, appraisers, environmental consultants, real estate tax consultants, and internal business partners.
• Perform market research
  (including shopping competitive properties) to assist in the assessment of submarkets and property performance; tracks critical indicators such as multi-family permits/completions, sales comparables, and single family activity.
• Work with the pricing team
  to evaluate and improve pricing model, including LRO / Realpage review andamenity pricing analysis.
• Lead or participate in
  other special projects as assigned.

REQUIREMENTS

• Bachelor's Degree in Real Estate, Finance, Business, or other related field or relevant work experience.
• 1-3 years of related real estate experience with a strong understanding of financial concepts such as IRR and NPV preferred.
• Must possess a strong analytical mindset, and excellent written and verbal communication skills.
• Demonstrated proficiency in Excel and Powerpoint and technical expertise with complex financial modeling

REWARDS

We recognize 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 options to employees, like adoption benefits and paid time off for community service projects. To learn more, view our Total Wellbeing page

PrimaryLocation Boston, MA, United States