Real Estate Equity Associate

Job Description

Overview

We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.

Responsibilities

Screen new investment opportunities and support pipeline management
Support underwriting, due diligence, and execution of new investments
Build and maintain financial models, including cash flow projections, IRR analyses, and sensitivity scenarios
Conduct market research, including rental and sales comparable analysis and broader market trends
Review due diligence materials and third-party reports, including appraisals, environmental reports, engineering reports, and market studies
Assist in preparing investment memoranda, presentations, and investment committee materials
Participate in transaction structuring, negotiation, and closing activities
Monitor investment performance relative to underwriting assumptions and business plans
Assist with quarterly valuations, performance reporting, and investor deliverables
Perform budget-to-actual analysis and ongoing financial reviews
Track asset-level performance and identify risks and opportunities
Support execution of business plans, including leasing, financing, and disposition strategies
Coordinate with sponsors, operating partners, and internal teams
Participate in property site visits and ongoing asset-level diligence
Maintain regular communication with sponsors throughout the investment lifecycle
Support relationship management with joint venture partners and investors
Contribute to internal investment discussions and portfolio strategy initiatives
Perform other duties as assigned

Qualifications

Bachelor’s degree required
4+ years of experience in real estate private equity, investment banking, asset management, or a related field
Experience with real estate underwriting and financial analysis required

Preferred Qualifications

MBA or other graduate degree preferred
Strong Excel and financial modeling skills, including cash flow modeling and IRR analysis
Ability to evaluate real estate investments from both financial and market perspectives
Familiarity with real estate transactions and due diligence processes
Strong analytical skills and attention to detail
Effective written and verbal communication skills
Ability to synthesize complex information into clear, actionable insights
Ability to manage multiple priorities and responsibilities in a fast-paced environment
Strong interpersonal and collaboration skills
Demonstrated interest in real estate investing
Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

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About Company

Walker & Dunlop Investment Partners (WDIP) is a real estate private equity firm that manages capital on behalf of endowments, foundations, pension plans, private funds, insurance companies, family offices, and high net worth individuals. WDIP invests debt and equity capital in value-added, opportunistic, distressed, and special situation transactions through a series of private funds, joint ventures, and separately managed accounts.