Real Estate Financial Analyst
Job Description
Position Overview
Security Properties has an opening for a Financial Real Estate Analyst! 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. The Real Estate Financial Analyst will perform a variety of financial analyses on multifamily investment properties and prepare recurring and one-off reports for investors and senior management, supporting both acquisitions and asset management for cross-functional experience.
Location: Seattle, WA
Schedule: Fully 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 the Excel workbooks, updating current equity balances, and revising the 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, including the ability to communicate and interact with team members at all levels throughout the organization.
- Ability to present findings to a group including company executives.
- Bachelor’s degree in business, finance, accounting, real estate, or related field, or an equivalent combination of education and work experience.
Preferred Qualifications
- Real estate experience preferred.
Benefits & Perks
- 401(k) matching
- Tuition Reimbursement
- Medical, Dental, and Vision coverage
- Bonus opportunities