Real Estate Analyst
Basis Industrial
•Onsite
About The Position
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.
Requirements
- 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
Responsibilities
- 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 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)
- 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
Benefits
- Competitive salary and performance-based bonus
- Health, dental, and vision insurance
- 401(k) with company match
- Professional development opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
