Real Estate Associate / Senior Associate (Adaptive Reuse)

Job Title: Real Estate Associate / Senior Associate – Investments & Development  (Adaptive Reuse)

Location: Atlanta, GA; New York, NY; San Francisco, CA (Other locations considered for exceptional candidates)

Reports To: President of Real Estate

Ori is a real estate investment and operating platform focused on converting underutilized hotels into housing. We partner with owners, investors, and local development teams to execute adaptive reuse projects across major U.S. markets. Our approach combines institutional real estate discipline with efficient design—supported by Ori’s robotic interior systems— to deliver high-quality apartments at a more attainable price point. Ori is backed by investors including IKEA, Google, and Geolo Capital. Learn more at www.oriliving.com.

Ori is seeking a Real Estate Associate / Senior Associate to help support and scale its investment platform. This role is designed to provide exposure across the full investment lifecycle, including underwriting, due diligence, structuring, execution, and early-stage asset management. The position will work closely with senior leadership and play a key role in advancing hotel-to-multifamily conversion projects across the United States.

In addition to strong analytical capabilities, the role requires sound judgment and the ability to work across a range of stakeholders, including investors, lenders, brokers, and local partners. We are looking for someone who combines:

• Institutional discipline and analytical rigor, with
• An entrepreneurial mindset and ability to operate in a less structured environment

This is a hands-on role within a growing platform, suited for someone interested in taking on increasing responsibility over time.

• Evaluate hotel acquisition opportunities for conversion to multifamily housing
• Build and maintain detailed financial models covering acquisition, renovation, lease-up, and stabilized operations
• Lead and coordinate due diligence efforts including market analysis, zoning and entitlement review, and physical assessments
• Prepare materials for internal investment committee and external stakeholders
• Work with local development partners, operating partners, and consultants
• Coordinate across architects, contractors, and lenders during predevelopment

• Support transactions from initial evaluation through closing
• Assist in structuring capital stacks, including debt and equity outreach
• Coordinate with lenders, investors, and third-party consultants during diligence and closing
• Help manage key transaction timelines and deliverables

• Analyze market conditions including supply, demand, rent trends, and capital markets
• Support ongoing refinement of investment strategy
• Contribute to building internal processes as the platform grows

• 3–7 years of experience in real estate acquisitions, development, or investment banking
• Strong financial modeling and underwriting experience (multifamily required; hospitality a plus)
• Experience working on transactions involving multiple stakeholders

In addition:

• You take ownership and follow through
• You are comfortable working in a growing platform where roles are not rigidly defined
• You can move between detailed analysis and higher-level discussions as needed
• You are thoughtful, reliable, and motivated to build something over time

This role is best suited for someone who values both:

• The rigor of an institutional investment environment, and
• The opportunity to take on broader responsibility within a smaller team

• Bachelor’s degree in Finance, Real Estate, Business, or related field
• MBA or MSRE preferred but not required
• Advanced Excel and financial modeling skills
• Strong written and verbal communication skills

• We offer a compensation package that includes base salary, performance-based bonus, and the opportunity to participate in deal economics and long-term equity.
• Expected base salary range: $120k – $150k, depending on experience, role level, and location.
• This role is designed for candidates who value both institutional rigor and the opportunity to build and grow with a platform.

Please send your resume and a brief note to resumes@oriliving.com with the subject line: Real Estate Associate / Senior Associate – [Your Name]. Include a short note outlining i) your relevant experience and ii) your interest in this role.

NOTE: Please to apply via email to resumes@oriliving.com, per instructions above. LinkedIn Easy Apply will not be prioritized.