Senior Investment Analyst

Realized Holdings•Austin, TX

About The Position

Realized Holdings, Inc. is an 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 Senior Investment Analyst joins the Research team to underwrite and diligence offerings for advisors and investors, lead analytical projects, and shape research and tools used in the market. The role works directly with senior leadership and presents investment analysis to the Due Diligence Committee, sales team, advisors, and investors. The position is based in Austin, Texas, or can be performed remotely. It is full-time and exempt, reports to the VP of Research, and has no supervisory responsibilities. Compensation includes base salary, bonus, and benefits, commensurate with experience.

Requirements

Bachelor’s degree in Real Estate, Finance, Accounting, Economics, or a related field, or equivalent experience.
Three to five years of experience in financial analysis, underwriting, acquisitions, asset management, or lending.
Strong financial modeling skills, including cash flow analysis, return metrics, and complex debt and equity partnership structures.
Ability to read real estate documents critically and identify issues.
Strong qualitative and quantitative research and analytical skills.
Advanced proficiency in Excel, PowerPoint, and Word.
Clear writing and speaking skills, including the ability to explain complex investments to audiences ranging from CEOs to individual investors.
Curiosity, integrity, and self-direction to manage multiple projects and solve problems independently.

Nice To Haves

Experience in commercial real estate or commercial mortgage.
ARGUS experience.
Working knowledge of real estate taxation, including 1031 exchange mechanics.
Experience in structured finance, securitization, or tax credits.

Responsibilities

Underwrite and model structured commercial real estate investments, including market analysis, historical performance, cash flow projections, and layered debt and equity structures.
Build new models when existing models do not meet analytical needs.
Review offering materials and third-party diligence, including leases, loan documents, appraisals, environmental and property condition reports, and sponsor materials.
Identify issues, challenge sponsor assumptions, and present findings to the Due Diligence Committee, sales team, and investors.
Serve as a subject matter expert on calls, video conferences, and in-person presentations with advisors and investors.
Lead projects to create new analytical tools and models, and support the VP of Research in documenting and testing development work with the Development team.
Contribute to thought leadership, including building and scaling market and sector reports.
Use AI-assisted tools to accelerate document review and data extraction, and verify outputs against source documents.
Monitor the competitive landscape across real estate, capital markets, and private placement products, and complete ad hoc research.
Lead complex transactions from initial review through a recommendation to management.