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Please submit a resume to recruiting@virtusre.com with the subject line “Investment Associate”.

Virtus Real Estate Capital is one of the longest-tenured private equity real estate fund managers in the U.S., focused exclusively on cycle-resilient, needs-based property sectors, such as healthcare, education, storage, and middle-income workforce housing. The Firm was founded in 2003 in Austin, TX, with satellite offices in the U.S. and Abu Dhabi. The Firm has acquired or developed more than 300 commercial properties totaling over $7 billion throughout the U.S. Virtus is known across the industry for its deep expertise in social infrastructure sectors and its commitment to people, which is driven by a strong corporate culture around its four core values: Thoughtful Evolution, Resilience, Honorable Action, and Purposeful Work.

The primary responsibilities will include:

Support the origination, underwriting, and execution of acquisition and development investments.
Conduct market research to support underwriting assumptions and investment theses, diligence prospective acquisitions and developments, and draw conclusions on potential opportunities and risks.
Prepare financial analysis of potential investments, including the creation of detailed pro-forma financial models in Excel and Argus, market research, comp analysis and investment committee memos.
Initiate, review, and analyze due diligence information for potential investments including property level financial statements, third party reports, tenant credit analysis, and market research.
Populate, maintain, and improve the acquisition pipeline.
Establish and maintain relationships with leasing and sales brokers, property managers, operating and development partners, lenders, and other real estate professionals.
Assist in preparing year-end strategy presentations and bespoke investor requests for materials.
Explore and underwrite new strategies and asset classes as directed.

Preferred Qualifications

Keen interest in private equity and institutional-level real estate investing.
General understanding of real estate finance, financial analysis, and basic accounting principles.
Bachelor’s degree in finance, business, or real estate with strong academic credentials.
Proficiency with Microsoft Excel, PowerPoint, and Argus.
Strong organizational, analytical, verbal, and written communication skills.
Excellent research capabilities.
Diligent work ethic with ability to take initiative and comfortably work in demanding environment with simultaneous ongoing projects.
2-5 years of FT employment experience in real estate investment, brokerage or investment banking.
Willingness to work in office 4+ days/week on a hybrid team (supervisor is remote).
Experience in medical outpatient and/or self storage is a plus.
Light travel is required immediately with frequent travel required over time.