Real Estate Underwriter - Financial Modeling

Invest with Roots•Atlanta, GA

13d•Remote

About The Position

Roots is a wealth-building platform focused on making financial growth accessible through real assets. The company is seeking a detail-oriented Real Estate Underwriter to support its real estate team. This role will be instrumental in financial modeling, deal analysis, and investment decision-making, evaluating new opportunities, understanding deal economics, stress-testing assumptions, and communicating numerical insights. The position is ideal for someone passionate about real estate finance, proficient in financial modeling, and eager to be involved in the deal process.

Requirements

2–5 years of experience in real estate finance, acquisitions, investment banking, private equity, asset management, or a similar analytical role.
Strong real estate financial modeling experience, including acquisition models, operating projections, debt schedules, return calculations, and sensitivity analysis.
Advanced Excel skills and comfort building, auditing, and improving complex models.
Strong understanding of commercial real estate fundamentals, including valuation methods, cap rates, NOI, debt structures, refinancing assumptions, waterfall mechanics, and investor return metrics.
Experience analyzing multifamily, build-to-rent, mixed-use, value-add, or residential real estate investments is strongly preferred.
Comfort working with deal materials such as rent rolls, operating statements, market comps, loan terms, appraisals, inspections, and due diligence reports.
Strong attention to detail and the ability to work efficiently under deal-cycle timelines.
Clear written and verbal communication skills, with the ability to explain model outputs and investment considerations in plain English.
Curiosity, sound judgment, and the ability to ask good questions when assumptions, inputs, or deal terms are unclear.
Bachelor’s degree in Finance, Real Estate, Accounting, Economics, Business, or a related field preferred.

Responsibilities

Build and maintain pro forma models for potential acquisitions across multiple asset types and deal structures.
Analyze deal economics, including cash-on-cash returns, IRR, equity multiples, NAV impact, yield on cost, debt service coverage, and sensitivity to key assumptions.
Stress-test assumptions around rent growth, operating expenses, cap rates, exit timing, leverage, interest rates, hold periods, and capital needs.
Partner with acquisitions, asset management, finance, and leadership to translate deal terms, business plans, and market assumptions into clear model inputs.
Evaluate potential acquisitions across asset types such as multifamily, build-to-rent, mixed-use, value-add, and other residential-focused real estate opportunities.
Support capital structuring analysis, including debt assumptions, equity requirements, refinancing scenarios, and investor return profiles.
Maintain and update models as deals move through the pipeline, from initial screening through investment committee review and closing.
Review operating statements, rent rolls, market comps, loan terms, third-party reports, and other diligence materials to support underwriting assumptions.
Identify key risks, sensitivities, and value drivers in each deal and clearly communicate them to the team.
Summarize model outputs into clear investment memos, decision-support materials, and committee-ready presentations.
Support ongoing portfolio performance analysis, including actual-to-budget reviews, valuation updates, NAV-related analysis, and scenario planning.
Help improve our underwriting process, model templates, internal reporting, and investment committee materials as the team continues to grow.