Real Estate Acquisitions Analyst - East Coast
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Common is seeking an Analyst to assist our Directors of Real Estate Acquisitions in building and managing our East Coast real estate pipeline. The Analyst will work directly with our Directors of Real Estate Acquisition, based in New York City, while supporting the entire East Coast. This position offers the opportunity for growth and may involve occasional travel.
About Common
Common is a venture-backed startup that brings home to life by creating, designing and operating all-inclusive shared homes for those who live life in common. We combine community, convenience, and flexibility to make living with others a joy instead of a chore. Headquartered in New York, Common was founded by General Assembly co-founder Brad Hargreaves in early 2015.
Common partners with real estate owners and developers throughout the US to create community-minded homes. By doing this, we’re addressing the fundamental supply and demand issues that underlie housing in major cities today. Common opened its doors to its first building in Brooklyn in October 2015 and now operates nine homes across New York City, San Francisco, and Washington DC.
About the role
Common's unique business model seeks to provide members access to convenient, community-based living in numerous cities. We partner with local real estate developers and investors by seeking out residential buildings in up-and-coming neighborhoods while providing a compelling value proposition: a steady stream of income and the upside of property appreciation without the hassles of property management, leasing, and tenant relations. Common enters into a master lease or management agreement with partners who purchase and/or build properties to spec. As we continue to grow our presence across the country, we seek an Analyst to join our team in New York City.
Responsibilities- Performing property level financial analysis
- Conducting market research and competitive set analysis
- Preparing internal and external presentation materials
- Working with internal and external design and construction teams to optimize floor plans for shared housing
- Assisting in the overall due diligence process, sourcing, analyzing and closing of real estate transactions
- You have 1-3 years of related experience in real estate or in a financial analysis role.
- You are proficient with Excel and have some experience with real estate financial modeling.
- You have strong research and analytical skills.
- You are highly detail-oriented and thrive in accomplishing specific mission-driven tasks.
- You are comfortable working in a fast-paced startup environment, able to work without well-worn paths or established protocols.
- You are known for finding creative solutions to difficult problems.
- You know how to ask for help when you need it.
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