Real Estate Associate
Industrious · NYC - 12 E 49th St (Tower 49) · $110k–$120k
Posted by Industrious on their careers site · View the original posting
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About the Company
Industrious is the largest premium workplace-as-a-service provider and home to the highest-rated workplaces in the industry. Everything we do comes down to creating great days for teams of all sizes and stages, including our own. We believe that what makes a great day at work is the people on your team and the problems you get to solve together. We’re looking for people who love thinking outside the box and thrive in a truly collaborative setting. As teammates, we encourage new ideas and toast every win. We’re excited about having a meaningful impact on people’s workplace experience.
Great days also start when everyone can be their authentic self at work. Diversity of backgrounds, thoughts, and ideas is critical to our success in delivering great workplace experiences, both for our members and for each other. Industrious is committed to creating an inclusive, respectful environment that embraces your individuality and quirkiness. You are valued for who YOU are. We celebrate our people as individuals who can accomplish great things when we work together as one team.
To learn more, visit www.industriousoffice.com/careers http://www.industriousoffice.com/careers.
About the Role
Industrious signs new landlord partnerships every year, and the number is growing as our business development team expands. Before any of those deals move forward, someone has to check that it holds together: that the assumptions are sound, that the start date, budgets, rent, pricing, and returns all track, and that the figures from design and construction have carried through correctly. As a Real Estate Associate on our Real Estate Transactions team that will be your job!
You will underwrite assigned deals in Excel, explain what drives their returns, and flag where a deal is tight, whether on pricing, occupancy, or CapEx. Our business development colleagues make the call on whether a deal goes ahead, and your analysis is what they rely on to make it well. You will work with Design, Construction, Finance, and other teams to make sure every number is right, supporting several business development colleagues as deal flow shifts.
Our approach to underwriting is different from a traditional real estate shop, and we will teach it to you. In your first few months you will get close review and clear guidance while you learn how we work. You will also join at a good time: the team is growing, new roles are being added, and we are underwriting a new product, so there is real room to learn, ask questions, and grow with us.
Success here means accurate work. The team trusts your numbers, your flags are clear, and any mistake you make happens once, not twice.
What Might Your Day Look Like
Your morning starts with a new deal from one of our business development colleagues. You go through the model piece by piece: the start date, the budget, the rent and revenue share assumptions, the cash flows, the IRR, and the margin the location is expecte
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edge of our underwriting approach.
Compensation & Benefits
The base salary for this role is $110,000 - $120,000, depending on experience, skills, and role alignment. This role is also eligible for an annual bonus and participation in our long-term incentive program. But compensation is only part of the story.
At Industrious, we believe a good workplace supports the whole person. Not just the work they do. Our benefits are designed to give people the stability, flexibility, and room to grow that make a career sustainable.
Our benefits include
- Heavily subsidized medical, dental, and vision plans to support you and your family
- Flexible paid time off, to maintain balance
- Paid parental leave to help you welcome a new child and focus on what matters most
- Annual professional development grants so you can keep learning and growing
- 401(k) retirement savings program to support long-term financial wellbeing
- Wellness initiatives and additional employee support programs
Specific benefits may vary by role, location, and eligibility requirements.
Industrious has been recognized by Built In as a Best Place to Work across multiple major markets. Not because of one office or one team, but because people across the company help make this a place where work feels human.
If you are curious about real estate and care about getting the numbers right, we would love to hear from you. Our process includes an Excel underwriting case that you will present and talk through, so you can show us how you think.
Equal Employment Opportunity: Industrious is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.