Job Posting: ARGUS/Yardi Real Estate Financial Analyst

Job Description

We are launching a real estate investment fund focused on acquiring and repositioning existing small bay warehouse properties into high-performance Flex spaces across the U.S. We are seeking a contract Real Estate Financial Analyst to build a sophisticated underwriting model that can be applied to individual assets and rolled up at the fund level.

Scope of Work

You will build (and maintain) a full underwriting and forecasting model in ARGUS Enterprise (preferred), Yardi (optional), and/or Excel that supports:

· - Acquisition modeling for value-add Flex warehouse conversions

· - Tenant improvement and renovation capex planning

· - Pro forma lease-up with velocity assumptions and market-based rent rolls

· - Operating cash flows with complete IRR, equity multiple, and debt service analysis

· - Stabilization and exit/disposition modeling in year 5

· - Fund-level rollup for a portfolio scaling to $200M in acquisitions

· - Scenario analysis, stress testing, and sensitivity tables

The initial project will involve modeling a target “Model Property” and scaling the framework for a $50M equity fund, which will initially acquire 3–4 properties valued at $12M–$15M each.

Ideal Candidate Will Have

· - Experience modeling real estate private equity or REIT-style funds

· - Deep working knowledge of ARGUS Enterprise and/or Yardi modules relevant to asset underwriting

· - Proficiency in Excel with the ability to link outputs and create professional reporting visuals

· - Demonstrated experience in industrial, Flex, or small bay warehouse assets

· - Comfort with fund-level forecasting and portfolio modeling

· - Ability to communicate recommendations clearly and collaborate with our team—not just plug in numbers

· - Ability to work under NDA and handle confidential investment data

Deliverables

· - Underwriting model (ARGUS/Yardi/Excel)

· - Lease-up assumptions and rent roll modeling

· - Capital improvement and TIs schedule

· - Sensitivity analysis, IRR, EM, cash-on-cash reporting

· - Fund-level performance dashboard (optional: investor presentation materials)

Engagement Terms

· - Start Date: Immediate

· - Initial model: 1 target project + fund framework

· - Ongoing work: Yes – continued modeling, refinements, reporting

· - NDA Required: Yes

· - Communication: Strong English and U.S. business hours preferred

· - Budget: Competitive – based on experience, efficiency, and ability to take initiative

To Apply, Please Include:

1. Examples of real estate underwriting models you’ve built (redacted is fine)

2. Which tools you use (ARGUS, Yardi, Excel) and your proficiency level

3. Experience in fund modeling, especially industrial or Flex conversions

4. Hourly or project-based rate expectations

5. Availability for an initial video interview

Personal Warehouse

Open Positions

ARGUS/Yardi Real Estate Financial Analyst - Contractor