Real Estate Analyst

Overview

This role supports real estate lending and underwriting by producing accurate property evaluations and analyzing renovation and construction documentation to assess project feasibility and risk.

Responsibilities

• Provide accurate and timely property evaluations to support loan origination and risk assessment
• Ensure renovation budgets and pro formas align with market conditions and project scope
• Streamline the underwriting process by supporting risk review and investor success
• Use House Canary, Richer Values, and comparable data platforms to evaluate underwriting reports on recently sold properties in portfolio areas
• Write and edit property evaluations for up to 140 loans per month within a 24-hour turnaround
• Analyze 5–8 real estate deals and 10–20 construction draws per week
• Evaluate construction draws, budgets, and scopes of work across multiple active projects
• Review inspection reports, draw requests, and supporting documentation for accuracy and consistency
• Track project progress, remaining reserves, and funding timelines
• Identify discrepancies between inspections, budgets, and borrower-submitted draw requests
• Reconcile property costs before and after rehabilitation
• Confirm budget accuracy across project types: new construction, cosmetic renovations, full gut rehabs, and multifamily (5+ units)
• Validate renovation estimates for current projects, prepare estimations for upcoming ones, and assess cost allocations across labor, materials, and trades
• Read and interpret building plans, scopes of work, and construction documentation
• Navigate building permits, assessor records, and local compliance requirements
• Apply knowledge of construction sequencing and timelines to assess project feasibility and risk
• Analyze borrower-provided pro formas for larger projects
• Manage a high volume of projects simultaneously while maintaining strong attention to detail

Requirements

• Background in single-family or multi-family construction, construction engineering, general contracting, or single-family residential real estate
• Construction and rehab knowledge, with experience evaluating multi-family properties
• Strong understanding of construction processes, sequencing, and project lifecycle
• Ability to read and interpret building plans and construction documentation
• Experience estimating materials, labor, and total project costs
• Familiarity with building codes, permitting processes, and municipal requirements
• Experience working with project budgets, ideally using CSI MasterFormat divisions
• Understanding of market conditions and new property development
• Strong Excel skills (required)
• Ability to evaluate situations using logic and sound judgment rather than strictly following checklists
• Strong attention to detail with the ability to assess overall project risk (“big picture” thinking)
• Ability to manage multiple projects and competing priorities simultaneously
• Strong adaptability to change and strategic company growth
• Excellent communication skills with internal and external stakeholders

Preferred Qualifications

• Experience working in lending, draw administration, or construction risk analysis
• Experience with MLS, CoStar, House Canary, Richer Values, or similar real estate data and valuation platforms
• Highly analytical with strong critical thinking skills
• Strong quantitative, analytical, and financial modeling abilities
• Exceptional attention to detail and process orientation
• Proficiency in Excel and Word
• Self-starter with strong time management and accountability

AI-Enabled Workplace

• The organization actively incorporates artificial intelligence into daily operations and expects team members to use AI tools as part of their standard workflow.
• Access to Claude is provided, including unlimited token usage.
• Experience with AI tools is preferred, and willingness to adopt AI-assisted work practices is expected.

Compensation & Benefits

• Health insurance
• Dental insurance
• Vision insurance
• 401(k)
• 401(k) matching
• Paid time off

Location

Not specified