Analyst

Wheelhouse • Baltimore, MD

10d

About The Position

The Analyst supports commercial real estate acquisitions, asset planning, and property operations by turning financial, leasing, and market information into clear investment and management recommendations. The role contributes directly to live decisions about which assets to pursue, how to underwrite them, and how to manage them after closing.

Working on a small investment and asset-management team, the Analyst reports to senior investment leadership and works directly with leasing and property managers. The portfolio includes commercial assets under active ownership, leasing, and enhancement. The Analyst builds and maintains underwriting models, monitors asset performance, supports leasing and property strategy, prepares investor- and lender-ready materials, and maintains a data room and model library. The role offers broad exposure across the investment lifecycle and an opportunity to help establish the firm's modeling standards.

Requirements

• At least 2 years of experience in commercial real estate underwriting, asset management, brokerage analytics, or a closely related investment role.
• Proven Excel modeling ability, including cash flows, returns, debt, and sensitivities, with models that others can audit.
• Ability to interpret rent rolls, operating statements, and leases and translate them into underwriting assumptions.
• Ability to write clear recommendations explaining what action to take, why, and what could change the recommendation.
• Ability to manage deadlines across multiple deals and assets without constant supervision.
• Bachelor’s degree in finance, real estate, economics, or equivalent practical experience.

Responsibilities

• Build acquisition and hold-period models covering rent, vacancy, capital expenditures, debt, and exit assumptions, supported by market evidence.
• Prepare investment memos recommending whether to buy, pass, or reprice, including risks, sensitivities, and return-driving assumptions.
• Track asset performance against budgets and business plans, and flag variances in time to inform leasing, expense, or capital decisions.
• Support leasing and property strategy with rent comparables, tenant-demand analysis, and scenarios intended to improve occupancy and net operating income.
• Produce accurate, sourced, and deadline-ready investor and lender materials.
• Maintain a current data room and model library so deals and assets can be updated efficiently.
• Help establish standards for how financial models are built.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level