Real Estate Investment Associate

Real Estate Investment Associate

Location: Washington, D.C.

Company: The Bernstein Companies

About Us

The Bernstein Companies is a privately held, family-owned real estate investment, development, and management firm with over 90 years of experience. Based in Washington, D.C., we specialize in office, hotel, and multifamily assets with deep expertise in adaptive reuse, historic tax credit projects, and long-term ownership strategies. Our legacy is built on integrity, vision, and an entrepreneurial spirit that continues to drive our success across generations.

Overview

The Investment Associate supports the Investment Team across all aspects of acquisitions, development oversight, capital markets, and portfolio management. With a particular focus on underwriting, market research, closings, and execution, this role will be instrumental in our latest GP fund deployment, asset management, and execution. It offers increasing ownership and leadership responsibilities, providing the opportunity to drive investment processes while collaborating directly with senior leadership.

Core Responsibilities

Market Research & Studies

• Conducts and oversees in-depth market studies, delegating to Analysts or other team members when appropriate
• Synthesizes data into actionable insights for investment decisions

Excel Modeling & Analysis

• Builds institutional-quality financial models to evaluate acquisitions, development/ redevelopments across asset classes, with minimal guidance or need for clarification on assumptions
• Performs valuation, sensitivity, and return analyses with accuracy and attention to detail

Investment Memoranda

• Prepares comprehensive Investment Committee memos outlining key deal points, highlights, risks, mitigants, and recommendations
• Supports presentation of findings to senior leadership and capital partners

Transaction Execution & Capital Markets

• Manages draw reviews and construction requisitions
• Coordinates due diligence, legal documentation, and closing processes in collaboration with internal teams and external counsel
• Supports capital markets activities, including debt financings and equity raises with lenders, investors, and other partners

Development Oversight

• Aids in monitoring and evaluating active development projects
• Coordinates with internal development teams and external partners to ensure business plan execution

Portfolio & Reporting

• Provides support or leadership on ad hoc needs related to The Bernstein Companies portfolio
• Assists with or leads investor reporting for specific TBC investments
• Plays a key role in portfolio-level asset management and fund deployment strategy

Team Collaboration

• Works under the direction of VPs and Managing Directors
• Proactively manages timelines, deliverables, and quality control across multiple projects

External Communication

• Participates in and leads calls and correspondence with brokers, partners, lenders, and other third parties
• Represents The Bernstein Companies professionally in all external interactions

Position Focus

• Execution support and leadership across transactions, development, and portfolio needs
• Strategic thinking and problem solving to enhance investment outcomes
• Capital markets exposure and experience in raising and structuring transactions
• Increased delegation and oversight responsibilities, ensuring accuracy and quality in deliverables

Qualifications

• Bachelor’s degree in Finance, Real Estate, Economics, or related field
• 3–5 years of experience in real estate investments, development, or private equity.
• Experience supporting Fund deployment and management highly desired.
• Advanced proficiency in Excel financial modeling and all other office suite products
• Strong written and verbal communication skills, with the ability to create concise, persuasive presentations
• Highly organized, detail-oriented, and capable of managing multiple projects simultaneously
• Entrepreneurial mindset, strong work ethic, and team-oriented approach

Why Join Us

At The Bernstein Companies, we combine the scale and experience of an institutional platform with the creativity, agility, and values of a family office. As an Investment Associate, you will gain hands-on exposure to complex real estate deals, development oversight, and capital markets activities. You will work closely with senior leadership on fund deployment, asset management, and execution, making a tangible impact on transformative projects across the United States.