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Due Diligence and Underwriting Associate

Rich Uncles Real Estate Investment Trust Costa Mesa, CA
  • Posted: over a month ago
  • $50,000 to $75,000 Annually
  • Full-Time
  • Benefits: Vision, Medical, Life Insurance, Dental

Rich Uncles is a Real Estate Investment Trust with a $1 Billion National offering. We are looking for an Due Diligence and Underwriting Associate to support our growing Acquisitions team. This individual will analyze lease agreements, profit and loss statements, and engineering reports for commercial real estate tenants and perform underwriting and analysis of potential new acquisitions. This is a great position for those seeking to grow their skills and gain valuable experience in an in-demand industry - commercial real estate. We are looking for a detailed, analytical, highly-motivated individual to add to our growing team!

Responsibilities:

· Assist the Real Estate Acquisitions Department with its analysis of lease agreements, landlord profit and loss statements, engineering reports, and other tenant and building research

· Read through lease and purchase contracts to abstract key landlord and tenant or buyer and seller obligations

· Evaluate corporate financial statements to underwrite tenant’s credit worthiness

· Research demographics and other real estate metrics such as rent growth and vacancy rates

· Review due diligence materials, interface with 3rd parties such as escrow and title officers, attorneys, property managers, etc., and track deal status in a time-sensitive, dynamic environment without missing deadlines

Minimum Requirements:

· Bachelor’s degree in Real Estate, Business, Finance, Accounting, Economics or related field

· Strong technical and computer literacy

· Understands contract law

· Ability to analyze and build financial models

· Prompt delivery of multiple, concurrent, time-sensitive projects

· A quick learner and driven self-starter, who can take on new projects and grow with the team

Preferred:

· 1-2 years of prior work experience, preferably in the real estate industry

· Advanced MS Office, particularly Excel – macros, vlookups, formulas

· Strong understanding of contract law

· Ability to analyze and build financial models

Benefits:

· Platinum Medical, Dental and Vision Plan with Life Insurance

· Paid Holidays, PTO, potential bonuses based on individual and company performance

· Fun, friendly company culture - we work hard, but have a lot of fun doing it!

· Strong mentoring and training programs - great growth opportunities!

Rich Uncles Real Estate Investment Trust

Why Work Here?

Be a part of a cutting edge innovative real estate investment company.

Rich Uncles was founded for a single purpose – to make real estate investment easier and less expensive for the small investor. We are a growing company standing at the precipice of cutting edge real estate financial technology. The pace is fast, furious, collaborative and fun! Are you up for the challenge? If so, Rich Uncles may be the opportunity you have been longing for.

Address

3090 Bristol Street, Costa Mesa, CA 92626
Costa Mesa, CA
USA

Website

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