Real Estate Investment Analyst

Job Description

A little bit about Maxx Properties and our story...

MAXX Properties owns and manages multifamily apartment communities in six states nationwide. Established in 1936, we have served our communities for over 85 years while providing an unparalleled level of service to our residents. The MAXX Properties portfolio includes 35+ communities consisting of over 9,000 owned multifamily units in six states and 2,000+ cooperative units in New York.

The Opportunity:

We are currently seeking a candidate to contribute to MAXX’s investment and investment management businesses. For acquisitions, the analyst will be required to conduct financial, property, market and industry research and creating written and summary deliverables related to new investments.

The ideal candidate will have the analytical skills to analyze and assist with both: (1) underwriting direct investments in one-off multifamily investments, and, (2) modeling core, value-add and opportunistic investment vehicles. The ideal candidate will have excellent verbal and written communication skills. Additionally, strong interpersonal abilities are needed to interface with brokers, intermediaries, capital partners, investors, consultants, key industry players and MAXX executives. This position is best suited for candidates with long term aspirations in the area of sourcing new investments as well as accessing and managing capital relationships, fundraising and investor relations.

Responsibilities:

• Analyze transactions and prepare executive summaries for offering memorandum
• Develop pro-forma financials and cash flow models
• Modeling and structuring investment vehicles, portfolio “roll-ups” and other financial analysis.
• Research and evaluate economic, demographic, and real estate market data
• Prepare presentations and reports to communicate investment strategies and results
• Review and analyze various real estate documents including leases, rent rolls, tax summaries
• Assist in the preparation of materials for client meetings, internal and external
• Update and maintain due diligence databases and respond to data requests from existing and prospective investors.
• Coordinate efforts and initiatives with MAXX’s other verticals and key contributors.

Qualifications:

• Ideally, the candidate will have 2-4 years of experience in the real estate industry in one of the following capacities: real estate investment sales/brokerage, real estate investment banking, commercial real estate lending/finance, direct real estate investment, or real estate appraisals for commercial property
• BS in finance and/or accounting required
• Proficiency in Microsoft Office applications
• Strong modeling skills with core competency in Excel
• High attention to detail in analytical assessments and valuations
• Excellent problem-solving and organization skills
• Self-starter with the ability to work well independently
• Excellent interpersonal skills, verbal, and written communication skills

DESIRED EDUCATION AND/OR EXPERIENCE

B.A./B.S. degree required.

SKILLS

• Strong organizational, time management and analytical skills required.
• General understanding of real estate property metrics and exposure to the real estate fundraising process preferred.
• Understanding of private real estate investment products and vehicle structures is an advantage.
• Ability to work independently with structured supervision.
• Proficient in advanced Microsoft software, including Word, Excel and PowerPoint.
• Willingness to travel as appropriate, but business travel is not required.

Employee Perks & Benefits

• Medical, vision and dental plans (multiple options to choose from)
• Discretionary/performance year-end bonuses
• 401(k) with a company match
• Up to $2,500 for tuition reimbursement towards work-related coursework
• Take advantage of the Family Resource Fund - $500 annual reimbursement for child/children's education or extra curricular activities
• Employee assistance program
• Life and disability insurance
• Flexible spending account
• Health savings account
• Pet, legal and identify-theft insurance

MAXX Properties is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, among other things, or as a qualified individual with a disability. Equal Employment Opportunity is the law.