Investment Associate

Company Overview

Cadence Real Estate is a vertically integrated multifamily investment firm focused on acquiring and improving value-add multifamily properties across the Puget Sound region and the broader Pacific Northwest. Our platform combines investments, construction management, and in-house property management under one roof, allowing us to control execution at every stage and drive durable, risk-adjusted returns for our investors. We operate as a lean, high-accountability team where every member carries real ownership over outcomes.

Job Summary

The Investment Associate provides high-leverage support across acquisitions and asset management, working directly with the Director of Asset Management and senior leadership across the full lifecycle of a deal, from sourcing and underwriting through closing, business plan execution, and investor reporting. The role is highly analytical and execution-oriented, requiring strong financial modeling ability, sound commercial judgment, and the ability to synthesize large amounts of information into decision-ready insights.

This is a rare opportunity to focus on acquisitions while working regularly at the intersection of acquisitions and asset management. The position sits on a defined track toward becoming a deal lead. Progression is earned on performance, with the expectation that the Associate will take on increasing ownership of transactions and asset-level strategy over time, growing into an investment leadership role within the firm. The right candidate will also have a genuine interest in supporting Cadence's capital-raising and investor relations efforts.

Acquisitions & Capital Markets

• Source and screen on-market and off-market multifamily acquisition opportunities across target geographies.
• Build, audit, and refine property-level and portfolio-level underwriting models, including cash flow projections, IRR and equity multiple analysis, and sensitivities.
• Pressure test assumptions, downside scenarios, and capital structures to support investment conviction.
• Perform market research and competitive analysis, including rent comps, sales comps, expense comps, and supply and demand trends.
• Support pricing strategy, investment thesis development, and business plan formulation for prospective acquisitions.
• Support live transactions from LOI through closing, including diligence coordination, third-party report management, and closing prorations.
• Assist with debt and equity structuring, lender and investor materials, and capital partner coordination.
• Prepare investment committee summaries and underwriting narratives that clearly highlight risks, mitigants, and return drivers.
• Maintain pipeline tracking systems to monitor live opportunities and prioritize across the deal funnel.
• Build and maintain broker, lender, and third-party vendor relationships throughout underwriting and diligence.

Asset Management & Portfolio Analytics

• Support oversight of business plan execution across the portfolio, maintaining one current, point-in-time business plan per investment with clear assumptions and version control.
• Support internal performance tracking, cash flow projections, and variance analysis (budget versus actual and underwriting versus actual), flagging deviations and recommending corrective action.
• Synthesize portfolio KPIs such as occupancy, rent growth, collections, expenses, and NOI trends into clear, action-oriented takeaways.
• Support business plan tracking, including operational initiatives and renovation and CapEx programs.
• Prepare monthly investor and lender updates and quarterly investor reports.
• Support refinance, recapitalization, and disposition efforts from strategy through execution, including hold or sell scenario analysis.
• Help maintain and improve internal reporting tools, dashboards, and portfolio analytics workflows.
• Support quarterly valuation and investor reporting processes.

Technology & Platform Build

• Contribute to the design and build-out of Cadence's technology-enabled asset management and underwriting workflows, translating manual processes into scalable, repeatable systems.
• Apply AI-based tools to accelerate underwriting, research, reporting, and portfolio analytics.
• Coordinate across the investments, construction, and property management verticals to ensure clean information flow between execution and investment oversight.

Qualifications

• Bachelor's degree in Finance, Real Estate, Economics, Business, or a related field.
• 4 years of relevant experience in multifamily acquisitions, real estate private equity, investment banking, principal investing, investment sales, or asset management.
• Direct exposure to live deal execution, including underwriting and transaction processes.
• Advanced Excel-based financial modeling skills (DCF, cash flows, and sensitivities) with the ability to work independently.
• Familiarity with multifamily investment terminology and reporting (NOI, rent roll, T-12, cap rates, DSCR, LTV, budgets, and variance analysis).
• Strong AI skill set and comfort using AI-based tools.
• Strong commercial judgment, urgency, attention to detail, and an ownership mindset.
• Excellent written and verbal communication skills, with the professionalism to interface with brokers, lenders, investors, and senior stakeholders in a lean, high-accountability environment.

Preferred Qualifications

• Experience with value-add and core-plus multifamily underwriting.
• Exposure to asset management reporting and business plan tracking.
• Familiarity with real estate market data platforms.
• Experience with portfolio dashboards, data visualization, or data aggregation tools (Excel or Power BI a plus).
• Experience with CRM tools or structured pipeline management systems.

Join us to leverage your analytical skills in a vibrant environment that values innovation, precision, and strategic thinking!

Pay: $95,000.00 - $120,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Retirement plan
• Vision insurance

Education:

• Bachelor's (Preferred)

Willingness to travel:

• 25% (Required)

Work Location: In person

Salary : $95,000 - $120,000