Financial Analyst - Multifamily Real Estate

Position Overview

Security Properties has an opening for a Financial Analyst – Multifamily Real Estate! Since its formation in 1969, Security Properties and its partners have invested over $2.0 billion of equity in multifamily real estate, representing a portfolio value of nearly $6.0 billion. We believe in proactive communication with partners, lenders and employees, and invest heavily in the training of our people to ensure the longevity of our business relationships. In this role, as a Real Estate Financial Analyst, you will perform a variety of financial analyses of multifamily investment properties and prepare recurring and ad hoc reports for investors and senior management, supporting both acquisitions and asset management.

Location: Seattle, WA
Schedule: In office, five days per week
Salary: $85,000 to $95,000 annually

Key Responsibilities

• Support the Investments team by underwriting new investments, including cash flow modeling, finance and joint venture structuring, and investment analyses (IRRs, sensitivity tables, etc.).
• Perform yield on cost/return on investment analysis of unit renovation projects.
• Assist with preparation of Investment Committee memoranda.
• Assist with property-specific thesis development and market research.
• Update annual property budgets and revise property financial forecasts throughout the year.
• Assist with disposition analysis, IRR calculations, and sales proceeds waterfalls.
• Gather due diligence materials for sales and refinances.
• Track down answers to issues stemming from financial statements (e.g., balance sheets, income statements, and general ledgers).
• Support asset managers in selecting property distributions by populating Excel workbooks, updating current equity balances, and revising forecasts.
• Prepare quarterly investor reports by compiling performance metrics and drafting investor commentary.

Required Qualifications

• Exceptional analytical skills, problem solving and decision-making skills, including financial analysis, statistical analysis, and business case development.
• Excellent written and verbal communication skills with the ability to interact with team members at all levels.
• Ability to present findings to groups, including company executives.
• Education: Bachelor’s degree in business, finance, accounting, real estate, or a related field, or an equivalent combination of education and work experience.

Preferred Qualifications

• Qualifications: Real estate experience preferred.

Benefits & Perks

• 401(k) matching
• Tuition Reimbursement
• Medical, Dental, and Vision coverage
• Bonus opportunities