[Hiring] Multi-Family Underwriter @BH Properties

Role Description

The Multi-Family Underwriter will support the acquisition and finance teams and perform tasks such as:

• Financial analysis and modeling
• Market research and analysis
• Due diligence
• Investment presentations
• Organizing and maintaining the acquisition pipeline

The role requires effective communication, both internally and externally, with the executive team, property sellers, brokers, and service providers. The successful candidate will be a self-starter, comfortable working in a collegial, team environment with minimal day-to-day oversight. The Multi-Family Underwriter will report to the Managing Director, Head of Affordable Housing Acquisitions.

The Multi-Family Underwriter will join our team remotely from the Philippines and will work during US Pacific business hours.

Qualifications

• A bachelor’s degree in real estate, finance and/or accounting a plus.
• MBA degree preferred.
• 2-5 years of experience in real estate asset management, finance and/or acquisitions.
• Comfort and proficiency in underwriting and analyzing multifamily/apartments/affordable housing real estate opportunities.
• Experience with quantitative, spreadsheet evaluations, and/or analysis (return on investment, cash flow, net operating income).
• Advanced Excel modeling skills required.
• Strong organizational, time management, verbal and written skills.
• Strong desire to succeed and ability to work effectively with minimal oversight, while functioning in a team environment.
• Ability to generate high quality, error-free work product for internal and external distribution on tight deadlines with minimal oversight.
• Unquestionable integrity and ethics.
• A “Team Player” mentality, with a passion for brainstorming, problem solving, and independent thinking.
• Passion for multi-family real estate and desire to grow with an exceptional team.

Requirements

• Perform financial analysis and real estate underwriting on potential investment opportunities.
• Assist in reviewing offering memoranda and other seller-provided materials such as income statements, balance sheets, and cash flows.
• Conduct efficient and relevant market research and analysis that will be included in presentations to support real estate investment decisions.
• Prepare high caliber slide decks.
• Assist in property-level due diligence, including lease review/abstraction, rent roll review, loan document analysis, and coordinating title, survey, and third-party reports.
• Perform market-level due diligence, including sale comps, lease comps, and investment trends.
• Organize and maintain acquisitions pipeline.
• Perform administrative support to the Acquisitions and Finance teams.

Benefits

• Generous consulting fee & benefits package.
• Opportunity for development and stability within a well-capitalized, entrepreneurial, and growing real estate investment group.