Real Estate Underwriter – Multifamily (Overseas Position)

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TYPE OF WORK

Full Time

SALARY

TBD

HOURS PER WEEK

40

DATE POSTED

Dec 10, 2024

JOB OVERVIEW

We are seeking an experienced Real Estate Underwriter with expertise in multifamily properties to join our team on a remote, overseas basis. The ideal candidate will have extensive experience in underwriting multifamily real estate using a Google Sheets pro forma, conducting detailed market research, and analyzing financial data to inform investment decisions.

Key Responsibilities:
-Underwrite multifamily properties by reviewing financial statements, rent rolls, operating expenses, and other key metrics using a Google Sheets pro forma.
-Create accurate financial models and projections, ensuring all variables are correctly reflected in the pro forma template.
-Conduct market research, including rent comparisons, price per square foot, and local market trends, to validate property valuations and underwriting assumptions.
-Collaborate with the investment team to provide insights, recommendations, and detailed reports based on data-driven analysis.
-Continuously update and refine underwriting processes based on the latest market data and trends.
-Manage multiple projects and meet deadlines in a fast-paced, remote working environment.
-Maintain high levels of accuracy, ensuring all data inputs and outputs in the pro forma are meticulously checked.

Qualifications:
-Extensive experience in real estate underwriting, specifically in multifamily properties.
-Strong proficiency with Google Sheets, particularly in building and managing pro forma models.
-Proven ability to conduct market research and provide data-backed insights into rents, pricing trends, and other real estate metrics.
-Ability to work independently and manage priorities effectively in a remote, international role.
-Strong communication skills, both written and verbal, with the ability to collaborate with a global team across time zones.
-High attention to detail and commitment to producing accurate, high-quality work.

Preferred:
Bachelor’s degree in Real Estate, Finance, Economics, or a related field.
Experience with additional real estate analysis tools or software.
Previous experience working remotely for a global team.

How to Apply:
Please submit your resume along with a cover letter highlighting your experience with multifamily underwriting and your proficiency with Google Sheets pro forma.

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