Financial Analyst - Real Estate / Family Office
Vertically integrated real estate investment firm with a growing portfolio across Boston, Washington DC, and surrounding markets. The firm manages acquisitions, development, construction, leasing, and operations in-house and is building toward a private REIT platform with institutional-grade reporting and governance.
This is a high-visibility role working directly with the Principal, owning underwriting, development budgeting, and portfolio-level reporting. You’ll build the financial infrastructure supporting a scaled, institutional-quality real estate platform.
Responsibilities:
Acquisitions & Underwriting
- Build detailed acquisition models with full pro formas and documented assumptions
- Analyze rent comps, operating expenses, capex, and returns (IRR, equity multiple, CoC, NPV)
- Prepare investment memos for internal and external stakeholders
- Maintain standardized underwriting templates
Development & Construction
- Create and manage full development budgets (hard/soft costs, financing, contingencies)
- Track draws and budget vs. actuals with variance analysis
- Model full-cycle development returns through stabilization
Portfolio & Operating Analysis
- Build annual property budgets and quarterly reforecasts
- Analyze operating performance, identify trends, and drive cost efficiencies
- Model NNN leases, CAM reconciliations, and tenant recoveries
Institutional Reporting
- Produce portfolio-level reporting (NAV, FFO, AFFO)
- Maintain KPI dashboards (NOI, occupancy, lease metrics, debt schedules)
- Support lender reporting, refinancing, and capital allocation decisions
- Prepare investor-ready materials and reporting packages
Qualifications:
- 5+ years of real estate financial analysis, underwriting, or development finance
- Experience with institutional owners, private REITs, or investment firms
- Advanced Excel modeling (build-from-scratch capability required)
- Strong understanding of real estate valuation, capital structures, and reporting metrics
- Experience with development budgets, draws, and variance tracking
Preferred: Yardi, Argus, REIT reporting exposure, CFA/CAIA/CCIM
