Real Estate Analyst

Key Responsibilities

• Build and maintain detailed underwriting models for prospective acquisitions across all CRE asset types, including industrial, retail, office, multifamily, and land.
• Conduct market and submarket research covering rent comparables, sales comparables, supply pipeline, and demand drivers.
• Support due diligence, including lease abstraction, financial statement review, and coordination with third-party reports.
• Prepare investment memoranda and presentation materials for internal review and investor communications.
• Track property-level performance against pro forma, including rent rolls, occupancy, NOI, and cash flow.
• Support lease analysis, renewals, and commission calculations, and assist with NNN reconciliations and operating expense reviews.
• Maintain ongoing portfolio reporting and contribute to quarterly investor letters and performance exhibits.
• Monitor debt covenants, loan maturities, and refinancing opportunities.
• Build development pro formas covering hard costs, soft costs, financing, and lease-up assumptions.
• Track project budgets, draw schedules, and timelines in coordination with project teams and consultants.
• Support feasibility analysis, entitlement tracking, and site-level due diligence.

Skills And Qualifications

• 2 to 4 years of experience in commercial real estate, in roles such as acquisitions, asset management, development, brokerage, lending, or valuation.
• Bachelor's degree in finance, real estate, accounting, economics, or a related field.
• Advanced Excel skills, including the ability to build dynamic models from scratch and work fluently with functions such as INDEX/MATCH, SUMPRODUCT, and lookups.
• A strong command of core real estate finance concepts, including NOI, cap rates, IRR, equity multiples, waterfalls, and discounted cash flow analysis.
• A sharp attention to detail and the ability to manage multiple workstreams across an active deal pipeline and portfolio.
• Strong written and verbal communication skills, with the ability to translate analysis into clear, decision-ready materials.
• A self-starter mindset and genuine interest in building alongside a growing firm.

Benefits

Escalera Capital offers a comprehensive benefits package designed to support the health, financial well-being, and long-term success of our employees and their families. Eligible employees have access to medical, dental, and vision insurance, company-paid life insurance, short-term and long-term disability coverage, an Employee Assistance Program (EAP), and a 401(k)-retirement savings plan with company matching contributions.