Associate, Real Estate

About the Company
Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission will require an exceptional group of people whose collective output is greater than the sum of its individual parts. Our team members are energized by the opportunity to impact our residents’ lives in meaningful ways. They are bold and creatively ambitious, driven by relentlessly high standards, act with a sense of urgency and accountability, and always, above all, operate with integrity, loyalty, and trust.

About the Role
We are seeking an Associate to support Flow’s Real Estate Investments function. The new hire will be one of the first dedicated hires for the RE team and will immediately have a high level of responsibility and visibility. This Associate will liaise closely with senior team members in creating and maintaining asset and fund-level models. The Associate is also expected to support Flow’s Investments function by way of diligence and underwriting new multifamily acquisitions as well as managing the existing portfolio to maximize investment performance. The Associate will be an integral part of the team’s success, and will be one of the earliest members of the RE team

Responsibilities

• Create/maintain fund-level models and investor-level partner capital statements
• Review/analyze management fee and carried interest calculations
• Prepare analysis and materials for internal working group meetings to support asset strategy
• Responsible for updating fund-level liquidity model
• Monitor liquidity availability, timing of investor capital calls/distributions, need for credit facility borrowings/repayments
• Qualitative and quantitative business, financial, and other due diligence in conjunction with due diligence/underwriting process on potential new investments
• Prepare investment committee memorandums describing potential new investments and rationale
• Prepare and effectively analyze market data/research

Ideal Background

• Bachelor’s degree in a relevant field
• 5+ years of applicable professional experience in real estate private equity, real estate related finance, real estate brokerage, or quantitative analytics role
• Prior fund and asset modeling experience not required but highly preferred
• Strong modeling and analytical skills
• Strong communication skills
• Advanced Excel and Powerpoint skills
• Strong attention to detail, organizational, and project management skills
• Ability to work under tight deadlines and multitask

Benefits
• Fully employer-paid benefits (Medical / Dental / Vision / Disability / Life)
• Paid time off and 13 paid holidays
• 401(k) retirement plan
• Healthcare and Dependent Care Flexible Spending Accounts (FSAs)
• Pre-tax commuter benefits
• Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings

Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.