Investment Analyst

Job Details

Description

Envolve Communities, an established owner and operator of multi-family properties across the United States, is seeking an investment analyst to support continued acquisition growth. Competitive candidates would have experience in analyzing multi-family properties operating and financial results while having strong communication skills. Experience with capitalizations including agency lending and tax credit financing is preferable but not required.

Compensation is based on experience and includes performance bonuses and an attractive benefit package.

Responsibilities Include, But Are Not Limited To

ACQUISITION UNDERWRITING

• Supports acquisitions team to source opportunities by working with brokers, industry relationships, internal team members, and external databases, including direct outreach to existing owners and operators
• Gathers all preliminary data, due diligence, property financials, regulatory information, and other available materials to assess a property’s financial and physical condition
• Regularly reviews state, local, and federal funding opportunities, including reviewing and summarizing key points from state and local QAP’s to determine a project’s eligibility
• Engages with capital markets representatives at the guidance and direction of investments and acquisitions team to understand the current market for debt and LIHTC equity financing
• Underwrites potential transactions to assess financial feasibility in light of income and expense projections, currently available debt and equity financing, anticipated required renovation scope, and compatibility with other state, local, and federal requirements
• Prepares summaries of acquisition opportunities, their underwriting and feasibility assessment, and proposed bids to leadership
  
  

Other Responsibilities

• Closing Coordination: Assists Investments team on an as-needed basis with contract period diligence items, lender required reports, organization and management of PSA diligence materials, and ongoing diligence requests from sellers
• Data/Pipeline Management: Assists in managing deal flow pipeline in salesforce, and with regular report-outs by gathering, generating, and inputting new opportunities and project specific information including milestones, obstacles, financial performance, budget and schedule variances, and other issues
  
  

Requirements

• Financial modeling and data analysis skills: advanced proficiency in Excel and Office Suite
• Project management and cross-team management skills which may be demonstrated through school, work, volunteer, or extracurricular experience
• Prior transactional experience is preferred, including through the buy-side, sell-side, or with intermediaries, but not critical (Specific real estate or affordable housing experience is not required)
• Bachelor’s Degree required, with specialty in Finance, Business, Economics, Real Estate, Architecture, Engineering preferred.
• 1-2 years of experience with financial modeling/underwriting required.
• 1-2 years of transactional experience with knowledge of deal structuring preferred.
• Real estate experience preferred; Familiarity with affordable housing, including tax-exempt bonds, Low Income Housing Tax Credits, and HUD preferred.
• Some travel required.
  
  

EEO M/F/D/V