Investment Associate

at  Middleburg Communities LLC

OVERVIEW

Middleburg is a vertically integrated real estate investment, development, and construction firm specializing in attainable rental housing across the southeastern United States since 2004.
Middleburg is seeking to add a diligent and resourceful team member to the Investments team who will be involved in underwriting and conducting due diligence for new investment opportunities, investment sales, asset management, research, and reporting. This position will require daily interaction and collaboration with other teams across the organization including but not limited to Land Acquisitions, Development, Asset Management, Research, and Property Management.
This position will be full-time, in person, located in the Vienna, VA headquarters and will report directly to the Managing Director of Investments.

QUALIFICATIONS

• 1-3 years of relevant work experience. The applicable title (Analyst or Associate) will depend on demonstrated experience, knowledge, and capabilities as ascertained during the interview process.
• The Associate title is appropriate for candidates with 3+ years’ experience including material involvement in an investment sales capacity; and who have demonstrated perfection on the financial modeling test.
• The Analyst title is appropriate for candidates with 1-3 years’ experience with little to no involvement in an investment sales capacity; and who may demonstrate some errors on the financial modeling test.
• Bachelor’s degree in STEM or economics preferred.
• Advanced proficiency in Microsoft Excel.
• Willingness to work in office full-time.
• Willingness to travel frequently and sometimes on short notice as directed by Managing Director of Investments.

Responsibilities for the position include, but are not limited to the following:

• Underwriting
• Collaborate with the Land Acquisitions, Development, and Research teams to assess investment opportunities to meet company goals regarding the development pipeline
• Conduct thorough diligence on all matters relating to revenue and expense projections
• Prepare complete and accurate financial models incorporating varying capital structures as advised by the Managing Direct of Investments
• Routinely update and maintain Middleburg’s various underwriting tools
• Investment Sales
• Prepare offering memorandums and supplemental marketing materials for investor/lender presentations and meetings
• Adequately address investor/lender diligence questions related to underwriting
• Conduct analyses related to Asset Management including but not limited to:
• Internal valuations
• Hold/Sell analyses
• Portfolio analyses including summarizing current and historical performance
• Conduct analyses related to Research including but not limited to:
• Comparable sales analyses
• Comparable operating expense analyses
• Comparable tax analyses and tax incentives
• Demographic and employment trends
• As applicable, legislative changes impacting underwriting
• Produce reporting including but not limited to:
• Project-specific lender/investor reporting
• Portfolio reporting to fund investors
• Internal reporting