Associate Director, Real Estate Investments

MIT • Cambridge, MA

6d • Hybrid

About The Position

The Associate Director, Real Estate Investments will be part of the MIT Investment Management Company (MITIMCo) Cambridge Real Estate (CRE) team. This role reports to the Head of Real Estate and will be responsible for an integrated investment, development, and asset management platform overseeing a $4 billion real estate portfolio. The portfolio includes over 1.5 million square feet of operating assets, a development pipeline exceeding 3 million square feet, and approximately 100 properties. Key responsibilities include leading asset-level investment analysis, underwriting, forecasting, performance evaluation, supporting asset strategy, capital allocation, and investment decisions. The role will also focus on modernizing MITIMCo’s investment platform by developing an integrated underwriting and forecasting framework to improve decision-making, risk management, and capital allocation.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field.
• Advanced proficiency of Excel, PowerPoint, and Argus Enterprise.
• Superior quantitative, analytical, and problem-solving skills with exceptional attention to detail.
• Excellent written and verbal communication skills with the ability to clearly articulate complex concepts and manage competing priorities.
• High level of initiative with an entrepreneurial spirit, fiduciary mindset, and commitment to continuous learning.

Nice To Haves

• Advanced degree or professional designation.
• A minimum of five years of real estate experience in an investments or underwriting role or asset management with strong expertise in underwriting or financial analysis, preferably in an institutional platform.
• Proven ability to build and manipulate complex financial models and scenario analyses for multiple property types (including development) across various investment structures.
• Deep understanding of real estate fundamentals, value drivers, and investment frameworks.
• Strong organizational skills with proven track record of creating or improving processes and standards, ideally utilizing technology or other proptech solutions.
• Strong interpersonal skills and a collaborative, team-oriented approach.
• Hands-on change management experience.

Responsibilities

• Lead asset-level investment analysis across the portfolio, including underwriting, forecasting, and performance evaluation.
• Support asset strategy, capital allocation, and key investment decisions.
• Help modernize MITIMCo’s investment platform by developing an integrated underwriting and forecasting framework that enhances decision-making, risk management, and capital allocation.

What This Job Offers

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