Associate, Real Estate Equity

About the role

The Associate will support the execution and management of real estate equity investments across the full investment lifecycle, including underwriting, due diligence, transaction execution, asset management, and disposition activities. This role works closely with investment professionals to evaluate opportunities, execute transactions, and manage portfolio investments.

Primary Responsibilities

• Screen new investment opportunities and support pipeline management
• Support underwriting, due diligence, and execution of new investments
• Build and maintain financial models, including cash flow projections, IRR analyses, and sensitivity scenarios
• Conduct market research, including rental and sales comparable analysis and broader market trends
• Review due diligence materials and third-party reports, including appraisals, environmental reports, engineering reports, and market studies
• Aid in preparing investment memoranda, presentations, and investment committee materials
• Participate in transaction structuring, negotiation, and closing activities
• Maintain regular communication with sponsors throughout the investment lifecycle
• Support relationship management with joint venture partners and investors
• Contribute to internal investment discussions and portfolio strategy initiatives

Education and Experience

• Bachelor’s degree required; MBA or other graduate degree preferred
• 4+ years of experience in real estate private equity, investment banking, asset management, or a related field
• Experience with real estate underwriting and financial analysis required

Knowledge, Skills And Abilities

• Strong Excel and financial modeling skills, including cash flow modeling and IRR analysis
• Ability to evaluate real estate investments from both financial and market perspectives
• Familiarity with real estate transactions and due diligence processes
• Strong analytical skills and attention to detail
• Effective written and verbal communication skills
• Ability to synthesize complex information into clear, actionable insights
• Ability to manage multiple priorities and responsibilities in a fast-paced environment
• Strong interpersonal and collaboration skills
• Demonstrated interest in real estate investing

What We Offer

• The opportunity to join one of Fortune Magazine’s Great Places to Work winners
• Comprehensive benefit options* that have earned Walker & Dunlop the gold level of the 2025 Cigna Healthy Workforce Designation™, some of which include:
• Up to 83% subsidized medical payroll deductions
• Competitive dental and vision benefits
• 401(k) + match
• Pre-tax transit and commuting benefits
• A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
• Paid maternity and parental leave, as well as other family paid leave programs
• Company-paid life, short and long-term disability insurance
• Health Savings Account and Healthcare and Dependent Care
• Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching
• Equal Employment Opportunity Statement
• We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.

Application Information

Applications will be accepted until August 8, 2026.