Real Estate Analyst, Underwriting

Amherst • TX

126d

About The Position

The Amherst Group's companies are comprised of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed. Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors. Today Amherst has over 1000 employees and $14.1 billion in assets under management. Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S. The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team. In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending. Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served. Amherst is revolutionizing the way U.S. real estate is priced, managed and financed in order to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing actionable strategies for investors to capitalize on opportunities across residential real estate, commercial real estate and public securities. Amherst, along with its affiliates and subsidiaries, has more than 900 employees, $5 billion under management and approximately $15 billion under advisement and oversight. The Amherst Residential platform provides a comprehensive suite of services to facilitate the ownership of single-family rental properties, including property management services, asset-level financing, and asset management services. With a deep understanding of and proprietary analytics on the single-family home and mortgage markets, Amherst's platform combines a unique combination of national scale with local market knowledge and execution.

Requirements

• Bachelor’s degree required, specialty focus in Real Estate or Finance a plus.
• 0-2 years of relevant experience in underwriting, brokerage, or other real estate related disciplines.
• Fluent in Microsoft Excel and PowerPoint, knowledge of SQL and Python a plus.
• Strong academic background with focus in finance, real estate, accounting, or math preferred.
• Top-ranked performer with a track record of success (academic, professional).
• Strong verbal and written skills to communicate effectively with internal and external professionals.
• Candidate should be extremely detail-oriented and organized with a proven ability to work well in a high-intensity environment to complete tasks quickly and effectively.
• Ability to prioritize multiple deadlines while delivering a high quality product under tight time constraints.
• Desire to work on a highly collaborative, fast paced team.

Responsibilities

• Underwrite and locate investment opportunities using market comparables to determine accurate rent, value, and initial bid price for a single-family asset.
• Centrally participate in the acquisition of single-family homes through tracking the asset through various phases of the deal lifecycle.
• Possesses an understanding of single-family residential construction and renovation, along with building code guidelines.
• May coordinate directly with investors for approval of various expenses.
• Construct detailed and holistic presentations to report on market trends and strategies for senior management to inform investment strategies across the organization.
• Understands the economic impact of costs as they relate to an asset’s net operating income and rent potential.
• Collaborate and drive strategic initiatives across Amherst’s operating partners to improve margins and returns.
• Knowledge of beginning to end single family real estate transactions with the ability to review concession requests from an acquisitions and disposition perspective relative to market demands.
• Understand and identify material defects within an asset that would be required to be repaired to meet basic lending standards to collaborate with Amherst's construction arm to make repairs.

Benefits

• A competitive compensation package, annual bonus, 401k match.
• Flexible PTO, 8 paid holidays.
• Employer-paid benefits (medical, dental, vision, health savings account).
• Professional career development and reimbursement.
• On-premise fitness center, locker rooms.
• Daily catered lunches, fully stocked kitchen with snacks/drinks.
• Relaxed casual environment and weekly/quarterly office events!
• Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave.
• Backup childcare offered through Bright Horizons.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees