[Hiring] Real Estate Analyst @Basis Industrial

Role Description

We are seeking a detail-oriented Analyst or Senior Analyst with expertise in real estate finance. The ideal candidate will have hands-on experience using Argus, Excel, and Yardi to support property valuations, portfolio performance tracking, and investment decision-making. This role involves working closely with asset managers, acquisitions teams, and senior leadership to provide accurate financial insights and reporting for both small-bay industrial and self-storage assets. Responsibilities of this role will be split between asset management and acquisition functions.

Responsibilities for Small-Bay Industrial

• Research real estate markets and competitive properties and provide asset performance projections based on market conditions.
• Develop and maintain the asset management models quarter over quarter.
• Support company quarterly portfolio forecasting and budgeting efforts by updating portfolio Argus files.
• Track ongoing capex and tenant improvement projects.
• Utilize Yardi for property-level accounting data and integrate with Excel for consolidated variance reporting and analysis.
• Provide analytical assistance to support leasing and capital expenditure decisions.
• Prepare underwriting for new lease opportunities and comparing budget projections.
• Assist with various analyses, including working with the senior management team on special projects.
• Perform detailed financial analysis of new investment opportunities and prepare one-pager summaries.
• Produce investment memorandums for new acquisitions and present these to the committee.
• Help and oversee the due diligence process and closing of new investments and dispositions.
• Provide analysis to support existing asset hold/sell recommendations.
• Conduct ongoing analyses to support decision making related to the business plan of the investment (leasing, capital projects, financing, disposition, etc.).
• Communicate regularly and effectively with property management teams and review monthly property reports submitted for each asset.
• Respond to requests from the investment committee, investors, brokers, lenders, and property buyers/sellers.
• Modify and update a proprietary discounted cash flow valuation model based on various scenarios and sensitivities.
• Assist in leasing directives and maintain vacancy schedules (this includes managing leads and assisting future tenants).

Responsibilities for Self-Storage

• Provide market research and analysis for identified potential self-storage developments utilizing Yardi Matrix, Stortrak, and Radius+.
• Enhance/update a proprietary DCF valuation model specifically for self-storage development that runs from construction through lease-up and stabilization.
• Track self-storage third-party management monthly financials/performance against original projections.
• Perform detailed financial analysis of new development/investment opportunities and prepare one-pager summaries.
• Assist in providing oversight of the self-storage third-party management groups including review of work orders and various day-to-day inquiries we receive that pertain to asset management.

Qualifications

• Bachelor’s degree in economics, finance, accounting, and or related area preferred.
• 2-4 years of relevant experience, including: banking, real estate, finance, private equity or asset management.
• A desire to learn and grow within a fast-paced real estate investment company.
• Strong quantitative and technical/computer skills (including proficiency in Microsoft Excel, PowerPoint, Yardi and Argus Enterprise).
• Strong analytical thinking and problem-solving abilities.
• Exceptional written, communication, and organizational skills.
• Occasional travel, and access to a car is necessary.

Benefits

• Competitive salary and performance-based bonus.
• Health, dental, and vision insurance.
• 401(k) with company match.
• Professional development opportunities.