Real Estate Analyst

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About Common

Common designs, creates, and operates all-inclusive homes, bringing community, convenience, and flexibility to housing. Common members know their neighbors, have more free time, and the opportunity to transfer to any Common home across the country. Since launching in October 2015, Common has opened more than a dozen homes across New York, San Francisco, Oakland, Washington D.C., and Chicago.

It’s an exciting time to be part of Common’s team. We challenge ourselves every day to not just think about ways to make city living better, but to activate on those ideas in meaningful ways. Our team is comprised of real estate professionals, designers, engineers, salespeople, marketers, client service representatives, and so much more. We work collaboratively, value self-startership, and embrace a “whatever it takes” mentality to ensuring our work is done and done well.


Common was founded by General Assembly co-founder Brad Hargreaves and has raised over $65MM in venture funding.


About the Role

Common is looking for an Analyst to support our Director(s) of Real Estate Acquisitions in New York in building and managing our real estate pipelines, in New York as well as other existing and new markets. This position offers the opportunity for growth and may involve occasional travel.

Responsibilities

  • Develop in-depth understanding of city and underlying sub-markets by owning comparables analysis and broader market analysis
  • Analyze new acquisitions / development opportunities and prepare financial analysis on the viability of each transaction, incorporating a variety of capital and financing structures
  • Prepare internal and external presentation materials and documents (e.g., pitch materials, pro-formas, LOI’s)
  • Work with internal and external design and construction teams to optimize floor plans for shared housing
  • Assist in sourcing new acquisition opportunities by developing and maintaining relationships with our local developers, investors, brokers and other real estate professionals
  • Facilitate in coordination between real estate and other teams at Common (e.g., work with Marketing to get monthly lease-up velocity information)
  • This team member will report to our Director of Real Estate Acquisitions

Qualifications

  • You have 1-3 years of experience in real estate, any real estate related fields and/or analyzing real estate transactions
  • You are strong with Excel and have experience with real estate financial modeling
  • You have strong research and analytical skills
  • You have a passion for real estate, shared living and Common’s mission
  • You thrive in accomplishing detail-oriented tasks.
  • You are comfortable working in a fast-paced startup environment
  • You are entrepreneurial, able to work without well-worn paths or established protocols
  • You know how to ask for help when you need it and you keep your cool in stressful situations

What We Offer Common offers a comprehensive benefits package that includes medical, dental and vision insurance, Life Insurance and Supplemental Life Insurance, AD&D Insurance, STD/LTD Insurance, HSA/FSA, and Commuter Transit Benefits. Additional benefit such as paid vacation, paid sick time, weekly team lunches, weekly in-office happy hours, office snacks, flexible working hours and more are also available. We are committed to affirmatively providing equal opportunity to all associates and qualified applicants without regard to race, color, ancestry, national origin, religion, sex, marital status, sexual orientation, gender identity or expression, legally protected physical or mental disability or any other basis protected under applicable law.

Responsibilities

  • Develop in-depth understanding of city and underlying sub-markets by owning comparables analysis and broader market analysis
  • Analyze new acquisitions / development opportunities and prepare financial analysis on the viability of each transaction, incorporating a variety of capital and financing structures
  • Prepare internal and external presentation materials and documents (e.g., pitch materials, pro-formas, LOI’s)
  • Work with internal and external design and construction teams to optimize floor plans for shared housing
  • Assist in sourcing new acquisition opportunities by developing and maintaining relationships with our local developers, investors, brokers and other real estate professionals
  • Facilitate in coordination between real estate and other teams at Common (e.g., work with Marketing to get monthly lease-up velocity information)
  • This team member will report to our Director of Real Estate Acquisitions

Qualifications

  • You have 1-3 years of experience in real estate, any real estate related fields and/or analyzing real estate transactions
  • You are strong with Excel and have experience with real estate financial modeling
  • You have strong research and analytical skills
  • You have a passion for real estate, shared living and Common’s mission
  • You thrive in accomplishing detail-oriented tasks.
  • You are comfortable working in a fast-paced startup environment
  • You are entrepreneurial, able to work without well-worn paths or established protocols
  • You know how to ask for help when you need it and you keep your cool in stressful situations

What We Offer Common offers a comprehensive benefits package that includes medical, dental and vision insurance, Life Insurance and Supplemental Life Insurance, AD&D Insurance, STD/LTD Insurance, HSA/FSA, and Commuter Transit Benefits. Additional benefit such as paid vacation, paid sick time, weekly team lunches, weekly in-office happy hours, office snacks, flexible working hours and more are also available. We are committed to affirmatively providing equal opportunity to all associates and qualified applicants without regard to race, color, ancestry, national origin, religion, sex, marital status, sexual orientation, gender identity or expression, legally protected physical or mental disability or any other basis protected under applicable law.

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Location

In NYC, you can find our team taking meetings in Bryant Park, having happy hours on our terrace, or commuting right out of Grand Central Station!

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