RealtyMogul

Commercial Real Estate Associate


PayCompetitive
LocationRemote
Employment typeFull-Time

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  • Job Description

      Req#: 5935752

      About RealtyMogul

      RealtyMogul was founded in 2012 with a mission to empower investors to live the lives they want by generating wealth through real estate investing.

      On the Platform, investors pool their money together to invest in commercial real estate deals they may not normally have access to on their own including multifamily, office, retail, industrial and ground-up development. And the best part? The real estate companies manage the properties, providing a truly passive real estate investing experience.

      Investors can also invest in one of two REITs (Real Estate Investment Trusts), giving them access to a portfolio of professionally managed properties that can potentially pay monthly or quarterly cash distributions.

      Since 2012, RealtyMogul members have collectively invested over $1.1 billion into over $7.5 billion of real estate nationwide, including 33,000+ apartment units (as of March 31, 2023)

      About Your Role

      We are currently seeking candidates with excellent quantitative, qualitative, and interpersonal skills for an Associate/Senior Associate position on our Commercial Real Estate team, working full-time. As an Associate/Senior Associate, you will lead all underwriting activities for deals posted to the platform, including financial analysis, market research, and due diligence. Additionally, you will actively engage in market research and participate in the due diligence and closing processes. While our base is in Los Angeles, there is significant flexibility in terms of your location for this position. Your impact will be immediate and critical to helping us continue to successfully scale the RealtyMogul Platform. Must be eligible to work in the US.

      What You'll Do:

      • Lead underwriting and due diligence processes for real estate opportunities, encompassing financial analysis, market research, document review, and site visits.
      • Perform financial modeling and sensitivity analysis for investment opportunities, identify strengths and weaknesses and assess the feasibility of the business plan.
      • Develop complex financial models for various property types (existing and ground-up) and joint venture deal structures/waterfall structures.
      • Prepare and present analysis of opportunities to committee comprised of our CEO, CIO and heads of Asset Management, Investor Relations and Compliance.
      • Collect, track and review due diligence materials (Appraisal, Environmental, PCA etc.) for transactions and facilitate a smooth handoff to the asset management team upon deal closure.
      • Represent the company through interactions with stakeholders internally and externally.

      Who You Are:

      • Minimum of 3 years of experience in private equity real estate underwriting and processing commercial real estate transactions or comparable direct transaction experience.
      • Substantial experience analyzing investments and exerting sound judgement.
      • Highly proficient with Excel, including the ability to create complex financials models and waterfall analyses.
      • Experience with multiple real estate asset classes, third party reports (e.g. CoStar) as well as modeling in Argus.
      • Detail oriented and a true self-starter capable of accomplishing complicated tasks with limited supervision.
      • Professionally persistent and have grace and composure under pressure.
      • Excellent written and verbal communication skills.
      • Comfortable in an entrepreneurial environment where iteration is the norm.

      Comp: $100,000 - $120,000 base range + bonus + stock

  • About the company

      RealtyMogul simplifies commercial real estate investing, giving our members access to vetted commercial real estate opportunities with the potential to generate passive income.