Senior Analyst, Investments & Acquisitions

AIR Communities • Chicago, IL

1d • Onsite

About The Position

Join one of the most active multifamily investment platforms in the industry. As Senior Analyst, Investments & Acquisitions, you will play a highly visible role supporting AIR Communities and Blackstone deal teams in the underwriting, evaluation, acquisition, and disposition of multifamily assets across Blackstone investment vehicles. This is an opportunity for a technically strong, detail-oriented investment professional to gain direct exposure to senior stakeholders, including Blackstone executives, while working on complex, high-value real estate transactions. Since 2018, the platform has transacted more than $21 billion in multifamily assets, offering exceptional deal flow, mentorship from experienced real estate investors, and access to proprietary business intelligence, specialist teams, and industry-leading technology. This role reports to a Market Leader on the Investments Team.

Requirements

• Bachelor’s degree in finance, real estate, economics, accounting, business, or a related analytical field.
• 2–4+ years of relevant experience in real estate investments, acquisitions, asset management, investment banking, deal advisory, transaction services, valuation, private equity, or a comparable analytical finance role.
• Advanced financial modeling skills, including discounted cash flow analysis, return metrics, debt and equity structures, scenario analysis, and transaction-level underwriting.
• Strong technical foundation with the ability to evaluate investment opportunities, identify key risks and value drivers, and translate complex analysis into clear recommendations.
• Exceptional attention to detail, judgment, and ownership, with the ability to produce polished, executive-ready work product under tight timelines.
• Professional presence and strong written and verbal communication skills, with the confidence and maturity to interact with senior leaders, investment partners, and external counterparties.
• Strong proficiency in Excel and PowerPoint.

Nice To Haves

• Direct multifamily, residential, or broader commercial real estate transaction experience.
• Experience supporting acquisitions, dispositions, Investment Committee materials, valuation analysis, diligence, or transaction execution.
• Experience with real estate data platforms, business intelligence tools, or investment management systems.
• Ability and interest to grow within the Investments Team and take on increasing responsibility over time.

Responsibilities

• Lead and support real estate investment underwriting, including detailed financial models, sensitivity analyses, valuation work, and investment returns analysis for acquisitions, dispositions, value-add, yield-oriented, and opportunistic strategies.
• Evaluate potential transactions by synthesizing asset-level performance, historical operating results, capital needs, rent growth assumptions, market fundamentals, and investment risk factors.
• Build, audit, and refine complex Excel-based models with a high degree of accuracy, technical rigor, and attention to detail.
• Support acquisition and disposition processes from initial screening through closing, including diligence, pricing analysis, buyer feedback tracking, valuation support, and recommendation materials.
• Review and analyze offering materials, broker packages, diligence information, third-party reports, market data, and internal operating assumptions.
• Manage multiple live deal workstreams with urgency, precision, and ownership in a fast-paced, high-visibility environment.
• Prepare polished Investment Committee materials, transaction summaries, executive presentations, and supporting analyses for senior AIR and Blackstone stakeholders.
• Translate complex financial analysis into clear, concise recommendations that support investment decision-making.
• Communicate professionally with internal leaders and external parties, including brokers, operators, appraisers, consultants, lenders, and third-party vendors.
• Analyze market fundamentals, capital markets trends, demographic data, competitive positioning, and submarket or micro-location dynamics.
• Partner closely with Blackstone investment professionals and AIR’s Transaction Management, Operations, Asset Management, Capital, and market leadership teams.
• Contribute to special projects related to investment strategy, portfolio growth, process improvement, business intelligence, and team infrastructure.

Benefits

• Medical, dental, vision, and life insurance options
• HSA/FSA plans
• Short and long-term disability paid by the company
• 401(k) plan with up to 6% employer matching contribution
• Paid time off including vacation, sick time, and 14 holidays
• Paid parental leave of up to 16 weeks
• Tuition assistance program and up to 100% reimbursement for job-related certifications and licenses
• 15 hours of paid time annually for community service
• Commuter benefits
• Pet insurance
• Consumer discounts on various products and services
• Opportunities for ongoing professional development, leadership training, and career growth
• 25% Rent Discount at any AIR community

What This Job Offers

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