Financial Analyst

Block Real Estate Services, LLC is a full-service commercial real estate company seeking a Real Estate Analyst. The role supports commercial real estate investments, developments, financings, and asset-level strategies through financial modeling, market research, budgeting, due diligence, financing support, and investment analysis.

What you'll do:

• Develop and maintain Excel-based underwriting models, pro forma cash flows, and financial analyses for acquisitions, developments, refinancings, and asset-level decisions
• Analyze rent rolls, leases, operating statements, budgets, construction costs, debt terms, and market assumptions to identify key value drivers and risks
• Prepare development cost sheets and project budgets and assist with construction draws, cost tracking, and ongoing project reporting
• Calculate and evaluate property values, investment returns, and credit metrics, including capitalization rates, internal rates of return, equity multiples, return on cost, debt service coverage, debt yield, and loan-to-value ratios
• Conduct property, market, and economic research, including comparable rents and sales, operating assumptions, supply and demand conditions, and capital-market trends
• Assist with financing and refinancing assignments by evaluating loan structures and terms, preparing supporting analyses, and compiling information for lenders and other capital providers
• Support the analysis of public and economic-development incentives, including TIF, CID, TDD, IRB, historic tax credits, LIHTC, and other applicable programs
• Coordinate financial and property-level due diligence with professionals across investment, development, accounting, construction, brokerage, and property and asset management
• Prepare investment memoranda, financing materials, presentations, and concise written summaries of findings, risks, and recommendations
• Assist with asset and portfolio analysis, including actual-to-budget comparisons, business-plan monitoring, scenario analysis, and other recurring or project-specific assignments
• Complete ad hoc analyses and respond to changing project needs while maintaining accuracy and meeting deadlines

What they're looking for:

• Bachelor's degree in finance, real estate, accounting, economics, business, or related discipline
• Zero to two years of relevant experience in commercial real estate, investment analysis, finance, accounting, or a related field
• Strong quantitative ability and a working understanding of financial statements, cash-flow analysis, and basic commercial real estate concepts
• Strong written and verbal communication skills, including the ability to explain analytical conclusions clearly and concisely
• Demonstrated attention to detail, organization, and the ability to manage multiple assignments and deadlines
• Ability to work independently while contributing effectively within a collaborative environment
• Strong Microsoft Excel skills, including the ability to build, review, and audit multi-sheet financial models and perform scenario and sensitivity analysis
• Proficiency in Microsoft PowerPoint and Word
• Working knowledge of commercial real estate valuation, cash-flow modeling, and common debt and investment metrics
• Ability to use AI and large language model tools responsibly and efficiently while independently verifying outputs, applying professional judgment, and protecting confidential information
• Ability to learn additional research, accounting, reporting, and data-management systems as needed
• Commercially minded and interested in understanding what drives property value, investment performance, and risk