Real Estate Underwriting Analyst at BYPG - US-based next-generation commercial real estate firm (remote)
Location: Remote
Reports to: VP of Investments / Investments Lead
Blue Yonder Property Group (BYPG) is a privately held real estate investment firm focused on acquiring, developing, and managing commercial properties across office, retail, mixed-use, and residential sectors. Since 2010, the founders have collectively overseen more than $810 million in real estate across 45 investments in 10 markets, with 67% of historical deals sourced off-market. With over 20 years of average industry experience and nearly two decades working together, the team combines institutional expertise in leasing, asset management, construction, and operations with a data- and technology-driven investment approach. BYPG targets high-growth markets supported by population and employment trends, executing disciplined, tenant-focused strategies designed to create long-term value and resilient community impact.
Role Overview
The Real Estate Underwriting Analyst supports the firm’s acquisitions platform through accurate financial modeling, underwriting execution, market research, and data integrity.
This is a high-volume, execution-focused role designed to enable senior investment leaders to focus on judgment, negotiations, and capital decisions.
This is not a decision-making position. Success is measured by accuracy, speed, reliability, and process adherence.
Core Responsibilities
Underwriting & Financial Modeling
Input rent rolls, operating statements, comps, and market data into underwriting models and Argus
Maintain clean, audit-ready financial models with validated assumptions
Identify discrepancies and flag inconsistencies proactively
Support 8–10 underwriting assignments per week with high accuracy
Deal Intake & Pipeline Management
Enter and maintain new deal opportunities in CRM systems
Route on-market offerings through internal systems within 24–48 hours
Support off-market and broker outreach processes per SOP
Ensure pipeline data integrity and completeness across tools
Market Research & Investment Materials
Pull rent, lease, and sale comps from CoStar (or comparable platforms)
Populate screening sheets and investment committee materials
Prepare charts, visuals, and structured data summaries as directed
Support memo preparation with clean quantitative outputs
LOI, Diligence & Transaction SupportDraft Letters of Intent (LOIs) using approved templates
Maintain diligence trackers and organize third-party deliverables
Coordinate documentation and file management during closing
Data Quality & Process Discipline
Maintain consistent, accurate data across CRM, underwriting models, and reporting tools
Conduct self-QC before submission
Improve process reliability and system hygiene over time
Success Metrics (First 90 Days)
Accuracy: ≤1% error rate; 90%+ of work passes QC on first review
Velocity: Consistent support of 8–10 underwriting models per week
Tool Compliance: 100% of deals routed through required systems
Reliability: Meets deadlines with minimal follow-up required
Required Qualifications
2–5 years of commercial real estate underwriting or acquisitions support experience
Strong Excel skills (advanced formulas, structured financial modeling)
Experience inputting and validating financial data
Familiarity with Argus (preferred)
Experience using CoStar or comparable market data tools
High attention to detail and strong deadline discipline
Comfortable applying foundational financial concepts in real estate contexts
English must be strong enough for clear internal communication, though the role is mostly internal-facing.
Ideal Profile
Process-oriented and highly organized
Comfortable in execution-heavy environments
Self-checking and quality-driven
Resourceful and curious
Thrives in structured systems and high-throughput workflows
Growth & Development
This role is designed as a high-impact support position within a lean acquisitions team. As the analyst demonstrates accuracy, ownership, and strong judgment, there will be opportunities to take on increased responsibility across underwriting, investment committee materials, and diligence coordination.
High performers will gain exposure to live transactions, investment decision processes, and asset-level strategy within an active acquisitions platform.
Working hours:
Full-time role aligned with U.S. business hours (9 AM – 5 PM EST or CST, click here to check your time difference). Consistent real-time collaboration with the acquisitions team is required.
What We Offer
Full-time position (8 working hours per day, Monday–Friday) aligned with U.S. business hours (EST or CST).
Remote work. You may be located in any city, provided you have a reliable internet connection, a suitable work setup, and the ability to consistently align with the team’s time zone.
Direct exposure to live U.S. commercial real estate transactions across acquisitions, underwriting, and diligence processes.
A meaningful opportunity to deepen your expertise in commercial real estate financial analysis within an active investment platform.
The opportunity to work closely with experienced investment professionals while being part of a lean, high-performance team.
Application deadline: February 24.
Please note that the later you apply - the more intensive your selection process will be, for example, you will have less time for the test assignment, etc.
- Department
- Financial Analytics
- Locations
- Texas
- Remote status
- Fully Remote