Real Estate Associate

The role

You will underwrite assigned deals in Excel and explain the drivers of their returns. You will work with Design, Construction, and Finance teams to ensure all figures are accurate to support business development decisions.

What you will do

• Underwrite assigned deals in Excel, checking every assumption and making sure each component tracks.
• Explain each deal's returns clearly, including IRR, cash flows, P&L, and margin.
• Flag where a deal is tight, on pricing, occupancy, CapEx, OpEx, rent, or revenue share.
• Make sure figures from Design, Construction, and Finance carry through accurately into the deal.
• Support deal reviews and Investment Committee materials with numbers that hold up to scrutiny.
• Support several business development colleagues across their deal flow.
• Keep the trackers and checklists that help the team stay accurate.

Required qualifications

• Strong Excel skills: IRR and time value of money, financial statements, EBITDA, pivot tables, and Goal Seek.
• Hands-on experience analyzing or underwriting deals, ideally in real estate, or in finance with a genuine interest in real estate.
• A track record of accurate work across a high volume of tasks.
• A record of working well across teams, managing expectations, and delivering to deadlines.

Nice to have

• exposure to leases, landlords, or office and flexible workspace
• progress toward a designation such as the CFA or CPA

Benefits

• Heavily subsidized medical, dental, and vision plans
• Flexible paid time off
• Paid parental leave
• Annual professional development grants
• 401(k) retirement savings program
• Wellness initiatives and additional employee support programs

Before you apply

• Our process includes an Excel underwriting case that you will present and talk through

About the company

Industrious is the largest premium workplace-as-a-service provider and home to the highest-rated workplaces in the industry.