Investment Analyst

Realized Holdings•Austin, TX

About The Position

Realized Holdings, Inc. is an Austin-based investment platform focused on tax-advantaged private placement real estate, including Delaware Statutory Trusts (DSTs), UPREITs, Qualified Opportunity Zone investments, and a range of fund structures. The Investment Analyst will join the Research team and underwrite and diligence offerings presented to advisors and investors. The analyst will work directly with senior leadership and explain analytical findings to the Due Diligence Committee and sales team. Prior experience with the specific investment structures is not required. The role is based in Austin, Texas, or may be performed remotely. It is a full-time, exempt position reporting to the VP of Research. Compensation includes base salary, bonus, and benefits, and is competitive and commensurate with experience. Over time, the analyst will take ownership of complex transactions from initial review through a recommendation to management, with an internal path for advancement.

Requirements

Bachelor's degree in Real Estate, Finance, Accounting, Economics, or a related field, or equivalent experience.
0 to 3 years of experience in financial analysis, underwriting, acquisitions, asset management, lending, or a similar role.
Strong financial modeling skills, including cash flow analysis, return metrics, and layered debt and equity structures.
Advanced Excel skills and comfort building presentation-ready output in PowerPoint.
Clear writing skills and the ability to explain technical conclusions to a skeptical audience.
Good judgment with confidential information and the discipline to manage several workstreams at once.

Nice To Haves

ARGUS experience.
Background in commercial real estate, commercial mortgage, or real estate private equity.
Working knowledge of real estate taxation, including 1031 exchange mechanics.

Responsibilities

Underwrite and model commercial real estate investments, including market analysis, historical performance, cash flow projections, and debt and equity structures.
Build new models when existing models are insufficient.
Review offering materials and third-party diligence, including appraisals, environmental and property condition reports, and lender and sponsor documents.
Challenge sponsor assumptions and present findings to the Due Diligence Committee and sales team.
Support the sales team as a subject matter expert on internal calls and help prepare presentations and written materials.
Contribute to development of internal data and analytics tools with the Development team, including documenting requirements and testing releases as needed.
Use AI-assisted tools to speed up document review and data extraction, and verify outputs against source documents.
Follow the competitive landscape across real estate, capital markets, and private placement products, and complete ad hoc research as needed.
Over time, take ownership of complex transactions from first review through a recommendation to management.