Investment Analyst
Location: Bethesda, MD
Type: Full Time
Min. Experience: Mid Level
About this role:
We are seeking a Multifamily Investment Analyst to join our growing multifamily development team. This role is ideal for a finance professional with a strong background in multifamily underwriting who is eager to transition into a hands-on development environment.
If you thrive in complex financial modeling, understand the nuances of multifamily capitalization, and want a front-row seat to the full development lifecycle — from acquisition through lease-up — this is an opportunity to expand your impact. You will work directly with senior leadership and play a meaningful role in shaping investment decisions for EYA’s multifamily platform.
The Opportunity:
The Multifamily Investment Analyst will serve as the lead financial analyst for EYA’s multifamily platform. This individual will be responsible for underwriting new development opportunities, structuring capital stacks, and supporting investments from initial feasibility through stabilization and investor reporting.
You will comprehensively participate in the acquisition and development financial process from start to finish — working side-by-side with experienced executives on complex urban infill and multifamily projects.
Key Responsibilities:
1. Financial Modeling & Underwriting
Required:
EYA is an award-winning residential developer and builder headquartered in downtown Bethesda, MD. Since 1992, we've built more than 4,000 homes across the Washington Metropolitan Area, earning more residential building and land planning awards than any other homebuilder in the region. We specialize in high-quality urban-infill communities — transforming challenging sites into neighborhoods people are proud to call home.
Why Join EYA?
At EYA, you'll be part of a team that values excellence, collaboration, and community impact. Our employees are at the heart of every neighborhood we build — and they love what they do.
To hear from our current team members about why they love working at EYA, click here!
#NeighborhoodsofEYA #LifeatEYA
Schedule, Compensation and Benefits
This is a full-time, hybrid role that operates 4/5 days out of the week from our main office in Bethesda, MD.
The anticipated annual salary range for this position is $95,000 – $130,000, including applicable bonuses. Actual compensation will be determined based on experience, qualifications, and other relevant factors.
We also offer a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, and other employee programs. For a detailed overview of our benefits, please visit our careers page: https://www.eya.com/careers-eya
EYA is an Equal Opportunity Employer.
We are seeking a Multifamily Investment Analyst to join our growing multifamily development team. This role is ideal for a finance professional with a strong background in multifamily underwriting who is eager to transition into a hands-on development environment.
If you thrive in complex financial modeling, understand the nuances of multifamily capitalization, and want a front-row seat to the full development lifecycle — from acquisition through lease-up — this is an opportunity to expand your impact. You will work directly with senior leadership and play a meaningful role in shaping investment decisions for EYA’s multifamily platform.
The Opportunity:
The Multifamily Investment Analyst will serve as the lead financial analyst for EYA’s multifamily platform. This individual will be responsible for underwriting new development opportunities, structuring capital stacks, and supporting investments from initial feasibility through stabilization and investor reporting.
You will comprehensively participate in the acquisition and development financial process from start to finish — working side-by-side with experienced executives on complex urban infill and multifamily projects.
Key Responsibilities:
1. Financial Modeling & Underwriting
- Build, maintain, and audit complex multifamily development pro formas
- Model waterfall structures and alternative financing scenarios
- Structure and analyze debt and equity capitalization strategies
- Perform detailed scenario analyses and sensitivity testing
- Evaluate unit mix, rent comps, operating assumptions, and return metrics
- Identify risks, validate assumptions, and present investment recommendations to senior leadership
- Underwrite new acquisition and development opportunities
- Conduct comprehensive financial due diligence
- Evaluate and interpret market data, third-party reports, and financial statements
- Prepare investment memoranda and materials for internal approval and capital partners
- Support preparation of offering memoranda and capital raise materials
- Assist with lender negotiations and equity partner coordination
- Contribute to investor reporting and performance updates
- Support financing activities during asset management and lease-up
- Track development milestones, budgets, and schedules
- Collaborate cross-functionally with development, construction, asset management, and capital partners
- Support financial oversight through lease-up and stabilization
- Grow into broader development exposure and increasing responsibility over time
Required:
- Bachelor’s degree in Finance, Real Estate, Business, or related field
- 3–5 years of experience in real estate underwriting, acquisitions, or capital markets
- Direct experience underwriting multifamily assets (debt or equity)
- Advanced financial modeling skills with strong real estate pro forma experience
- Demonstrated experience modeling capital stacks and waterfall structures
- Strong analytical rigor and exceptional attention to detail
- Ability to clearly present complex financial analyses to senior leadership
- Strong written and verbal communication skills
- Intellectual curiosity, ownership mentality, and comfort operating in a lean, entrepreneurial environment
- Capital markets or brokerage firm experience with multifamily focus
- Institutional or large-scale real estate development firms with formal financial training
EYA is an award-winning residential developer and builder headquartered in downtown Bethesda, MD. Since 1992, we've built more than 4,000 homes across the Washington Metropolitan Area, earning more residential building and land planning awards than any other homebuilder in the region. We specialize in high-quality urban-infill communities — transforming challenging sites into neighborhoods people are proud to call home.
Why Join EYA?
At EYA, you'll be part of a team that values excellence, collaboration, and community impact. Our employees are at the heart of every neighborhood we build — and they love what they do.
To hear from our current team members about why they love working at EYA, click here!
#NeighborhoodsofEYA #LifeatEYA
Schedule, Compensation and Benefits
This is a full-time, hybrid role that operates 4/5 days out of the week from our main office in Bethesda, MD.
The anticipated annual salary range for this position is $95,000 – $130,000, including applicable bonuses. Actual compensation will be determined based on experience, qualifications, and other relevant factors.
We also offer a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, and other employee programs. For a detailed overview of our benefits, please visit our careers page: https://www.eya.com/careers-eya
EYA is an Equal Opportunity Employer.
