Analyst – Real Estate Private Equity

About Us :

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.. Security Properties believes in proactive communication with partners, lenders and employees, and invests heavily in the training of its people to ensure the longevity of our business relationships.

Great Opportunity :

The Analyst, Real Estate Private Equity is responsible for performing a variety of financial analysis of multifamily investment properties and preparing recurring and one-off reports for investors and senior management. This position is based in Seattle, WA and is an in-office role. Candidates must be able to work onsite at our Seattle office location. The base salary for this position is between $85,000 to 90,000 per year.

Duties and 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).
• Quarterly distributions. Support asset managers in selecting property distributions by populating the Excel workbooks with financial, updating current equity balances, and revising the forecasts.
• Quarterly investor letter reports. Provide commentary and compile metrics for letters sent to SP’s investors.

Knowledge, Skills and Abilities :

Education and Experience :

Why You Should Apply :

We’re looking for someone who is passionate about real estate, values collaboration and is excited about the opportunity to use their operational experience to make a direct impact on property performance.