Multifamily Development Underwriter

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TYPE OF WORK

Any

SALARY

Appropriate for level of experience

HOURS PER WEEK

TBD

DATE UPDATED

Mar 2, 2026

JOB OVERVIEW

This role can range between Analyst to VP/Director-level depending upon the experience level of the applicant.

The candidate will be the sourcing, reviewing, and underwriting of existing multifamily/build-to-rent assets and potential development opportunities. The development opportunities will include multifamily, build-to-rent, low income housing tax credits, and single family lot development.

The candidate will also be responsible for creating investment presentations and asset management reports.

The ideal candidate has experience in some or all of these fields, with a strong work ethic and attention to detail.

Experience Summary:

The right candidate will likely have at least 3 years in real estate, with a preference for candidates who have previously specialized in multifamily and/or development underwriting. He or she will have a familiarity with T12s, rent rolls, OMs, PSAs, loan commitments, and market comp analyses. A strong grasp of NOI, IRR, MOIC, NPV, cash-on-cash, and run sensitivity analyses will be important. Exposure to LIHTC at any level, GP-LP waterfall structures, and preferred equity are a bonus.

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