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Analyst, Real Estate Credit at RXR in New York, NY
Entry LevelOn-siteFull-timeNew York, NY$95k–$105k/yr
Skills
cre debt investmentexcel modelingfinancial analysisdeal executionreal estate conceptstech savvywillingness to learnpowerpointexperience in argus
Job Description
Summary: RXR is a vertically integrated investment manager headquartered in New York, specializing in real estate credit and various value creation activities. The Analyst role involves supporting the Real Estate Credit Group in underwriting commercial real estate debt investments and managing due diligence processes.
Responsibilities:
- Support the real estate credit team in underwriting and executing a broad range of commercial real estate debt investments, including senior bridge loans, mezzanine loans, and preferred equity investments across multifamily, mixed-use, industrial, and office assets nationwide
- Coordinate and manage due diligence throughout the origination, underwriting, and closing processes; liaise with lenders, developers, investors, legal counsel, and other third parties
- Develop detailed financial analyses and investment materials, including complex Excel models, investment committee memoranda, and underwriting packages to evaluate credit opportunities, assess risk, and support investment structuring
- Build and analyze underwriting cash flow projections and multi-tier waterfalls
- Support senior team members in maintaining and developing relationships with brokers, mortgage bankers, commercial banks, developers, and other counterparties as necessary to help source new investment opportunities
- Execute ad hoc projects, as needed, in support of the credit team, including asset/portfolio management, CMBS and CRE CLO analysis, special servicing, and other assignments
- Collaborate across RXR business lines to complete various projects and transactions
Required Qualifications:
- 1-2 years of experience working in real estate finance or banking
- Major in real estate, finance, accounting, or economics, or related field
- Passion for real estate and finance
- Outstanding quantitative and analytical ability
- Willingness to learn in a demanding, fast-paced environment, often under pressure
- Excellent interpersonal and communications skills
- High level of proficiency in Excel and PowerPoint (qualification testing will be performed)
- Experience with CRE debt investment including senior bridge loans, mezzanine loans, and preferred equity
- Self-starter who has the initiative and ability to thrive in an environment that is highly entrepreneurial, and which requires rapid learning, multitasking and prioritizing under tight deadlines
- Strong analytical and quantitative skills, including advanced Excel modeling and financial analysis
- Strong deal execution skills, including due diligence, communicating with external parties
- Well-organized; strong independent work ethic with excellent attention to detail
- Fundamental understanding of real estate and financial concepts
- Tech Savvy: Understands the breadth and depth of real estate systems. Including but not limited to: Excel, PowerPoint, GreenStreet, CoStar, Trepp, Yardi Matrix, AI
- Teamwork/Network Building/Interpersonal Savvy: Cooperates and works effectively with others
- Organizational Skills: Detail oriented, proactive, efficient, strategic, ability to multitask
- Effective Communication: Communicates effectively, both verbally and in writing, with internal and external stakeholders
Preferred Qualifications:
- Experience in Argus is a plus
Required Skills: CRE debt investment, Excel modeling, Financial analysis
Important Skills: Deal execution, Real estate concepts, Tech Savvy
Nice-to-Have Skills: Willingness to learn, PowerPoint, Experience in Argus
Benefits: Bonus eligible.
Benefits
Bonus eligible.