Real Estate Underwriter

2 weeks ago


Austin, Texas, United States Amherst Full time
Amherst Residential Platform

Amherst is a leading provider of comprehensive real estate services, including property management, asset-level financing, and asset management. Our platform combines national scale with local market knowledge and execution.

Role of the Associate, Underwriter

The Associate, Underwriter will work with the Executive Director, Private Equity to support real estate acquisitions with underwriting new transactions entering the pipeline and manage the process throughout the various stages of the acquisition process. This role will be designated as a full-time in-office role based in our Austin, TX location.

Responsibilities
  • Conduct financial and valuation analysis of potential acquisitions of single-family rental properties
  • Identify and articulate major risks associated with an investment opportunity in both verbal and written format
  • Perform and provide expertise on all aspects of the financial modeling, focusing on unleveraged, leveraged, and structured analysis of institutional real estate
  • Research and evaluate economic, demographic, and real estate market data
  • Manage the overall investment process by conducting due diligence and research market conditions, including physical assessment, location assessment, rent comparables, sales comparables, and replacement costs, while working with internal and external teams
  • Communicate and develop recommendations for 3rd-party providers and clients
  • Establish guidelines, policies, and procedures to ensure valuations are performed consistently and conform to existing market values and trends
Qualifications
  • Minimum of 4 years of experience in the underwriting of equity investments in commercial real estate
  • Undergraduate degree required, advanced degree or applicable experience a plus
  • Multi-family and/or SFR experience a plus
  • Strong analytical/quantitative and technical abilities, organizational skills, and attention to detail
  • Strong leadership, initiative, and interpersonal skills
  • Ability to manage multiple projects concurrently
  • High energy with an ability to work in a fast-paced environment
  • Proficiency in common Adobe and Microsoft Applications (Office, Excel, Word, PowerPoint)


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