Associate Underwriter Jobs in Reston, VA (NOW HIRING)

Senior Associate, Investments
Arlington, VA
Who We Are
At Anchor Health Properties, we pursue better healthcare through real estate solutions.
We are a national, full-service healthcare real estate firm specializing in development, acquisitions, asset and property management, leasing, and investment management. Our integrated platform allows us to deliver customized, high-impact real estate strategies to health systems, physician groups, and institutional partners across the country.
From ground-up outpatient development to targeted investment strategies and day-to-day management of complex medical office portfolios, we bring deep expertise, a relationship-driven mindset, and an unwavering commitment to improving healthcare access and outcomes through the built environment.
Our team is purpose-driven and people-focused-always thinking beyond the traditional "medical office box" to find innovative, value-based solutions. We are proud to be recognized as a 2025 Modern Healthcare Best Place to Work, adding to our accolades from Inc. Magazine, Revista/HREI, and Great Place to Work®.
Why Anchor?
We believe that when people feel valued, supported, and empowered, they thrive-and so does our business. At Anchor, it starts with the right foundation and our culture is grounded in our core values: Accountability, Innovation, Collaboration, Honesty, Ownership-Mentality, and being Relationship-Driven. These values guide everything we do-from how we work with each other to how we serve our partners and communities.
Along with a supportive culture pursuing excellence, here is what you can expect as part of the Anchor team:

• 100% employer-paid medical, dental, and vision insurance options for employees
• $2,000 HSA contribution and 401(k) with up to 4% match
• Generous time off: 15+ PTO days, 11 holidays, parental leave / short-term disability, and mental health days
• Professional development support and career growth opportunities
• Workplace perks like summer hours, team summits, community service events, referral bonuses, and more

If you are looking to join a team that is purpose-driven, high-performing, and embraces innovation-Anchor may be the place for you.
The Opportunity
The Senior Associate, Investments will serve as a primary deal executor within Anchor's investments team, managing transactions from sourcing through closing under the guidance of the SVP, Investments. This role sits above the analyst level and below the SVP, functioning as the operational engine of the deal team - responsible for leading underwriting, managing due diligence, advancing debt processes, and supporting business development across Anchor's healthcare real estate platform.
The Senior Associate will work closely with the SVP, Investments and contribute directly to the analyst pool, serving as a player-coach on transaction execution. This individual must be detail-oriented, highly capable as an underwriter, and able to manage the full deal process with limited oversight.
This role will be based in Anchor's Arlington, VA office. This role is also posted at the VP/SVP, Investments level - all candidates will be considered at both levels of this opening throughout the interview process.
The anticipated compensation for this role includes an annual base salary range of $125,000 to $150,000, plus participation in a key incentive bonus plan. Final compensation will be determined based on experience, qualifications, skills, and location.
How you'll contribute
Deal Execution (~70% of time)

• Lead underwriting on acquisition, development, and structured finance transactions, building and maintaining financial models in Excel and Argus.
• Serve as deal lead on assigned transactions - managing the process from IC authorization through PSA execution, due diligence, and closing.
• Prepare and present investment committee materials, including IC memos, underwriting summaries, and deal-level risk analyses.
• Coordinate due diligence workstreams, managing third-party consultants (appraisers, engineers, environmental, legal) in conjunction with the transaction coordinator.
• Support debt financings by coordinating term sheet solicitation, managing lender communications, and advancing loan documentation processes under the direction of the SVP, Investments.
• Draft, review, and advance LOIs, PSAs, and related transaction documents in coordination with legal counsel and the Anchor principal.
• Proactively identify and help resolve deal-level issues, escalating material items to the SVP, Investments appropriately.
• Maintain Salesforce pipeline tracking for assigned transactions, ensuring accuracy and timeliness of all deal data.

Business Development (~15% of time)

• Support outbound business development activity alongside the SVP, Investments and the business development team, including market coverage, broker outreach, and deal screening.
• Develop familiarity with Anchor's capital partner preferences and investment mandates to support sourcing alignment.
• Assist in the preparation of pitches, proposals, and new business materials as directed.
• Begin building direct relationships with brokers, lenders, and market participants in assigned geographies.

Analyst Pool Oversight (~15% of time)

• Provide day-to-day direction and quality control oversight of analyst work product, including financial models, IC materials, and due diligence deliverables.
• Mentor analysts and review their output in collaboration with the SVP, Investments.
• Help maintain and improve internal underwriting templates, deal process standards, and Salesforce protocols.

What you bring

• Bachelor's degree in finance, real estate, business, or related field required. Master's degree a plus.
• 4-7 years of real estate investment experience, with a demonstrable track record in acquisitions, development, or structured finance.
• Experience serving as a deal lead or primary underwriter on complex commercial real estate transactions.
• Advanced Excel financial modeling skills required; Argus Enterprise proficiency strongly preferred.
• Familiarity with investment committee processes and preparation of high-quality IC materials.
• Strong underwriting fundamentals across acquisitions, development, or structured finance - capable of building and stress-testing complex financial models independently.
• Demonstrated experience managing real estate transactions from underwriting through close, ideally including PSA negotiation and due diligence management.
• Exposure to debt financing processes, including term sheet solicitation, lender relationship management, and loan documentation review.
• Excellent communicator with the ability to interface credibly with internal stakeholders, legal counsel, lenders, and capital partners.
• Highly organized and detail oriented, with the ability to manage multiple transactions simultaneously in a fast-paced environment.
• Strong judgment and problem-solving skills - proactive in identifying issues and resourceful in resolving them.
• Collaborative mindset with a track record of working effectively across deal teams and functional areas.
• Proficiency in Salesforce or comparable CRM/pipeline management tools preferred.
• Healthcare real estate experience a plus but not required.

Does this sound like you? Apply today! Even if you meet most, but not all, of the qualifications above, you are encouraged to apply. Please submit your resume to Anchor Health Properties. Applications will be reviewed on a rolling basis, and the position will remain open until filled.
Anchor Health Properties is a proud Equal Opportunity Employer.
Anchor Health Properties is not able to sponsor applicants for work visas, including H-1B, TN, or other employment-based visa classifications. We are also unable to consider candidates requiring current or future work authorization sponsorship, including those on Optional Practical Training (OPT), Curricular Practical Training (CPT), or similar programs.
Please note Anchor does not partner with external recruiting agencies to fill positions. Unsolicited submissions from third-party recruiters will not be considered.
Get to Know Us
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