Real Estate Financial Analyst
Cabrera Capital Markets · Chicago, IL · 2 mo ago
FinanceFull-time
About the role
Cabrera Capital Partners is seeking a Real Estate Financial Analyst to join our dynamic team. This position plays a critical role in sourcing, underwriting, and executing real estate investments across various sectors.
Responsibilities
- Build and own complex cash flow models across property types including industrial, multifamily, student housing, and mixed use
- Develop, review, and stress test operating pro formas and investment return models (IRR, equity multiple, cash on cash) across a range of capital structures
- Sensitize assumptions across key variables (e.g., rent growth, vacancy, cap rates, construction costs, financing terms) and translate outputs into relevant investment conclusions
- Support debt and equity structuring analysis, including joint venture and waterfall modeling
- Conduct primary and secondary market research using institutional data platforms (e.g., CoStar, Green Street, MSCI, or equivalent), as well as site visits, broker conversations, and local market intelligence
- Translate research into clear written investment theses and underwriting memoranda with a defined point of view
- Track sector, submarket, and competitive trends and maintain comparable and benchmarking analyses
- Support transactions from initial screening through LOI, due diligence, and closing
- Prepare investment committee materials including executive summaries, underwriting exhibits, risk assessment, and recommendation frameworks
- Coordinate with third party consultants, brokers, lenders, and legal counsel throughout the diligence and closing process
- Maintain pipeline tracking, deal logs, and internal investment databases
- Support property and JV level financial performance analysis, connecting underwriting assumptions to actual and forecasted results
- Analyze and communicate deal cash flows and partner economics, clearly showing sources and uses of capital across CCP and its partners
- Prepare property, JV, and portfolio level reporting that explains performance, returns, and variance to plan for internal and external stakeholders
- Build polished, boardroom ready investment decks and IC approval materials
- Distill complex financial and market analysis into clear, decision-oriented narratives for senior leadership and external stakeholders
- Support preparation of materials for LP reporting, investor communications, and capital raising initiatives as needed
Qualifications
- Advanced Excel required, including dynamic model building and the ability to build models from scratch
- PowerPoint fluency, with the ability to develop clear, well-structured presentations that effectively communicate analysis and recommendations
- Ability to automate repetitive analytical tasks (Python, VBA, or equivalent) is a meaningful differentiator
- Actively uses AI tools to accelerate research, drafting, and analysis, thoughtfully balancing their use with independent thinking
- Strong written communication skills demonstrated through clear, analytical memos, emails, and presentation materials
- Resourceful and self-directed, with a demonstrated ability to find answers independently
- Intellectual curiosity about markets, capital flows, and the drivers of real estate value
- Comfortable operating in ambiguous environments and building process where none exists
- Demonstrates persistence and follow through to bring work to completion without requiring close oversight
- Bachelor’s degree required in finance, real estate, economics, or a related analytical field
- 2 to 4 years of experience at an institutional real estate firm (investor, owner, operator, developer, REPE, REIT, or institutional advisory)
- Demonstrated experience owning financial models, not just populating templates
- Exposure to multiple property types and full cycle transaction experience through closing strongly preferred
- CFA candidacy, MSRE, or MBA a plus, but not required
Benefits
- Medical, Dental & Vision Coverage
- Paid Time Off & Holidays
- 401(k) with Employer Match
- Profit Sharing Program
- Flexible Spending & Health Savings Accounts (FSA/HSA)
- Commuter Benefits (Pre-tax transit & parking)
- Short- & Long-Term Disability Coverage
- Life & AD&D Insurance Options
- Employee Assistance Program (EAP)
- Pet Care Discount Program