Senior Real Estate Investment Associate

About RealtyMogul:

Our mission is to simplify real estate investment by connecting investors to high quality commercial real estate transactions. Real estate is the most popular asset class in the world, and probably the most fraught with peril for the individual investor. Individuals have extremely limited information and access beyond their own neighborhood. The ability to do due diligence is minimal, and it is complex to negotiate, purchase, manage, and liquidate.

RealtyMogul was created to make this asset class available. We allow our investors to buy portions of properties instead of entire ones or get exposure to multiple properties via third party funds or our proprietary REITs. We source the partners or investments ourselves, diligence them ourselves and walk every property that we offer up for investment.

We have been at it for 9 years and have backed more than 90 operating partners across the country in addition to building our own direct acquisitions team. We have learned what a great property that is well managed looks like. We leverage our experience to find the best deals, actively asset manage, and maximize our investors’ returns.

Today we are one of the largest, most recognizable brands in online real estate crowdfunding, with over $750 Million in capital invested into over $4 billion of real estate nationwide. We were recently named the #1 Commercial Real Estate Crowdfunding Platform by Motley Fool. We remain focused on building the best online experience to enable investment into highly vetted commercial real estate assets and to educate our growing user base about the many aspects of real estate investing, all through an online, scalable platform.

About Your Role

We are currently looking for a Senior Real Estate Investment Associate to work full-time. This Senior Associate will manage an Associate and an Analyst to underwrite opportunities for posting on the RealtyMogul Platform.  Your impact will be immediate and critical to successfully scaling RealtyMogul

Though we are based in Los Angeles, this role is full remote

Must be qualified to work in the US.

 What You’ll Do:

• Pre-screen real estate investments including the analysis of real estate companies, physical property characteristics, business plans, market fundamentals, deal structure, and financial metrics.
• Identify strengths and weaknesses as well as feasibility of potential transactions
• Represent the company through interactions with clients (real estate companies) and third parties.
• Build financial models from scratch for a variety of property types including multifamily, office, industrial, mixed-use and retail
• Model cash flows for various deal structures including the ability to model different types of waterfalls (preferred hurdles, IRR hurdles, etc.) for joint-venture equity
• Perform scenario analysis to account for potential changes in several variables including tenant financial status and market conditions
• Collect and review due diligence materials
• Draft materials for investment committee including pre-screen, green light memos and investment committee memos
• Approve work product of analysts and associates
• Present to investment committee including our CEO and Chief Investment Officer
• Review and interpret loan documents and covenants
• Reconcile closing cost with proforma
• Underwrite simple and complex organization structures, closed/open end funds.
• Interact with senior originators and senior management daily and work with the VP of Underwriting on additional ad hoc projects as needed

Who You Are:

• You have a bachelor’s degree with top academic and professional credentials; MBA or MRED a plus
• You have previous real estate experience with a minimum of 5years of banking/private equity/investment underwriting with a leading firm
• Experience with multiple commercial real estate asset classes
• Solid understanding of real estate investment concepts, structures, and financial analysis
• Excellent computer skills with MS Office including Word, Excel and PowerPoint
• Experience with Argus
• Extreme attention to detail and highly reliable
• Excellent communication skills; a true self-starter capable of accomplishing complicated tasks with limited supervision
• Proactive comfortable working in an entrepreneurial environment
• CRE construction and development experience