[Hiring] Due Diligence Associate @Realized Holdings

Role Description

As a Due Diligence Associate at Realized Holdings, you will own a large share of our review of new offerings and sponsors, helping to build systems that make the review process faster, more consistent, and easier to defend. You will work with the Research, Product, and Technology teams and report to senior leadership.

• Lead due diligence on new offerings and sponsors, including review of:
  • Private Placement Memorandums
  • Leases
  • Operating statements
  • Development budgets
  • Equity and debt term sheets
  • Third-party reports
• Write executive summaries that surface issues and support clear recommendations.
• Evaluate sponsors, focusing on:
  • Track record
  • Strategy consistency
  • Fee and alignment structures
  • Financial condition
  • Operational capability
• Underwrite and model structured commercial real estate investments across property types and strategies, including:
  • Cash flow
  • Valuation
  • Complex debt and equity partnership structures
• Find inefficiencies in the diligence process and collaborate with the Technology team to transition Excel-based models and manual workflows to software-based solutions.
• Act as the diligence subject matter expert for Product and Development on new products and features, including requirements, review, and testing.
• Represent Research on valuation and reporting projects.
• Utilize AI-assisted tools for document review and data extraction, verifying all outputs against source documents.
• Monitor the competitive landscape across real estate, alternatives, and capital markets.
• Lead complex transactions and projects from initial review to management recommendations.

Qualifications

• Bachelor’s degree in Real Estate, Finance, Accounting, Economics, or a related field, or equivalent experience.
• 3 to 5+ years in:
  • Commercial real estate lending or credit
  • Multi-property-type real estate investment management
  • Securities due diligence on alternative investments
• Exposure to multiple property types, investment strategies, and geographies.
• Strong financial modeling skills, including cash flow analysis, valuation, and complex debt and equity partnership structures.
• The ability to critically read real estate and offering documents and identify issues.
• Advanced Excel skills; SQL preferred.
• Clear writing and speaking skills.
• Curiosity, integrity, and self-direction to manage multiple projects and solve problems independently.

Requirements

• Prior experience in a formal due diligence role (lending, investment management, or securities).
• ARGUS experience.
• Working knowledge of real estate taxation, including 1031 exchange mechanics.
• Knowledge of REITs and other commercial real estate investment vehicles.
• Experience in structured finance, securitization, or tax credits.
• Experience working with software or data teams on workflow or tool development.

Benefits

• Base salary plus bonus.

Company Description

Realized Holdings is a well-capitalized investment platform based in Austin, TX, focused on tax-advantaged private placement real estate, including Delaware Statutory Trusts (DSTs), UPREITs, Qualified Opportunity Zone investments, and a range of fund structures.