Investment Associate

The Amherst Group's companies are comprised of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed.  Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors.  Today Amherst has over 1000 employees and $14.1 billion in assets under management.

Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S.  The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team.  In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending.  Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served.

The general role of the Investment Associate is to work within the Private Equity team to support real estate transactions with institutional capital partners, primarily comprised of (but not limited to) underwriting single-family rental (SFR) joint venture transactions. The Associate’s responsibilities will span from initial business pitch to joint venture formation and beyond, with a focus on modeling complex SFR JV transactions with existing and prospective Amherst institutional partners. Producing materials and presenting key findings of this underwriting is critical. This role will be designated as a full time in office role based in our Austin, TX location.

Responsibilities

• Perform and provide expertise on all aspects of financial modeling, focusing on unleveraged, leveraged and structured analysis of institutional real estate.  Excel modeling expertise is a must.
• Specific focus (but not limited to) financial valuation analysis of potential joint ventures of Amherst’s single-family rental properties.
• Manage the overall investment process by assisting with due diligence (including Amherst platform diligence and real estate-specific diligence), macro and micro market research, and relative valuation analyses, among other key workstreams, in addition to working across teams to gather, synthesize and present relevant information.
• Research and evaluate economic, demographic, and real estate market data, especially single-family rental specific data.

Qualifications:

• Minimum of 4 years of experience in the underwriting of equity investments in commercial real estate
• Undergraduate degree is required, advanced degree or applicable experience a plus.
• Single-family Rental and / or Multi-family experience a plus
• Strong analytical/quantitative and technical abilities, organizational skills, and attention to detail
• Strong leadership, initiative, and interpersonal skills
• Ability to manage multiple projects concurrently.
• High energy with an ability to work in a fast-paced environment.
• Proficiency in common Adobe and Microsoft Applications (Office, Excel, Word, PowerPoint)

​Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.