Financial Analyst Real Estate
The Quest Organization, Boston, MA, United States
Vertically integrated real estate investment firm with a growing portfolio across Boston, Washington DC, and surrounding markets. The firm manages acquisitions, development, construction, leasing, and operations in-house and is building toward a private REIT platform with institutional-grade reporting and governance.
This is a high-visibility role working directly with the Principal, owning underwriting, development budgeting, and portfolio-level reporting. You’ll build the financial infrastructure supporting a scaled, institutional-quality real estate platform.
Responsibilities: Acquisitions & Underwriting
Build detailed acquisition models with full pro formas and documented assumptions
Analyze rent comps, operating expenses, capex, and returns (IRR, equity multiple, CoC, NPV)
Prepare investment memos for internal and external stakeholders
Maintain standardized underwriting templates
Development & Construction
Create and manage full development budgets (hard/soft costs, financing, contingencies)
Track draws and budget vs. actuals with variance analysis
Model full-cycle development returns through stabilization
Build annual property budgets and quarterly reforecasts
Analyze operating performance, identify trends, and drive cost efficiencies
Model NNN leases, CAM reconciliations, and tenant recoveries
Institutional Reporting
Maintain KPI dashboards (NOI, occupancy, lease metrics, debt schedules)
Support lender reporting, refinancing, and capital allocation decisions
Prepare investor-ready materials and reporting packages
Qualifications:
5+ years of real estate financial analysis, underwriting, or development finance
Experience with institutional owners, private REITs, or investment firms
Advanced Excel modeling (build-from-scratch capability required)
Strong understanding of real estate valuation, capital structures, and reporting metrics
Experience with development budgets, draws, and variance tracking
Preferred Yardi, Argus, REIT reporting exposure, CFA/CAIA/CCIM
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This is a high-visibility role working directly with the Principal, owning underwriting, development budgeting, and portfolio-level reporting. You’ll build the financial infrastructure supporting a scaled, institutional-quality real estate platform.
Responsibilities: Acquisitions & Underwriting
Build detailed acquisition models with full pro formas and documented assumptions
Analyze rent comps, operating expenses, capex, and returns (IRR, equity multiple, CoC, NPV)
Prepare investment memos for internal and external stakeholders
Maintain standardized underwriting templates
Development & Construction
Create and manage full development budgets (hard/soft costs, financing, contingencies)
Track draws and budget vs. actuals with variance analysis
Model full-cycle development returns through stabilization
Build annual property budgets and quarterly reforecasts
Analyze operating performance, identify trends, and drive cost efficiencies
Model NNN leases, CAM reconciliations, and tenant recoveries
Institutional Reporting
Maintain KPI dashboards (NOI, occupancy, lease metrics, debt schedules)
Support lender reporting, refinancing, and capital allocation decisions
Prepare investor-ready materials and reporting packages
Qualifications:
5+ years of real estate financial analysis, underwriting, or development finance
Experience with institutional owners, private REITs, or investment firms
Advanced Excel modeling (build-from-scratch capability required)
Strong understanding of real estate valuation, capital structures, and reporting metrics
Experience with development budgets, draws, and variance tracking
Preferred Yardi, Argus, REIT reporting exposure, CFA/CAIA/CCIM
#J-18808-Ljbffr