Real Estate Analyst - Ensemble

Hiring: Real Estate Analyst | Philadelphia, PA

Looking to put your analytical skills to work on transformative real estate projects? Ensemble Investments is seeking a Real Estate Analyst to join its talented Philadelphia team.

You'll gain hands-on experience across acquisitions, development, financing, and asset management with meaningful responsibility and direct exposure to the people making investment decisions.

Why Ensemble? An incredible culture, an exceptionally talented team, and the opportunity to help shape Philadelphia's future while building your career.

Ideal candidates bring strong Excel and financial modeling skills, intellectual curiosity, and ideally 2-3 years of relevant experience. Comfort using AI tools such as ChatGPT or Claude is required; ARGUS experience is a plus.

In office Monday-Thursday; Friday WFH flexibility
Meaningful ownership, direct access to leadership, prominent projects and room to grow

Interested or know someone who might be, let's connect!

#Hiring #RealEstateAnalyst #CommercialRealEstate #RealEstateDevelopment #PhiladelphiaJobs #EnsembleInvestments

Real Estate Analyst

Ensemble Investments | Philadelphia, PA | In-office

Help shape transformative real estate projects alongside an exceptionally talented team. Ensemble Investments is seeking a highly analytical and detail-oriented Real Estate Analyst to support its Philadelphia-based development and investment team, Ensemble East.

This opportunity combines an incredible culture with meaningful responsibility, direct exposure to senior decision makers, and hands-on experience across the full real estate lifecycle, from evaluating new opportunities through financing, construction, leasing, and stabilization.

About Ensemble

Over the past 40 years, Ensemble has invested in and developed more than $2 billion in real estate across the United States, spanning healthcare, hospitality, commercial, multifamily, and mixed-use properties.

Launched in January 2020, Ensemble East focuses on opportunities throughout the Mid-Atlantic and Northeast. The team has deployed nearly $1 billion and intends to deploy an additional $5 billion over the next 10-15 years. Its Philadelphia portfolio includes 16 properties totaling approximately 1.3 million square feet across residential mixed-use, hospitality, office, life science, and advanced manufacturing.

Learn more at www.ensemble.net.

What You'll Do

Evaluate development and acquisition opportunities. Support projects from initial concept through construction and stabilization, including underwriting, market research, and due diligence.

• Build and maintain financial models. Prepare detailed pro formas incorporating sources and uses, construction budgets, development costs, operating projections, financing, cash flows, and investment returns.

• Analyze returns and risk. Calculate IRR, equity multiples, cash-on-cash returns, NPV, and development yield. Conduct sensitivity analyses around rents, costs, timing, absorption, financing terms, and exit values.

• Support financing decisions. Analyze construction loans, permanent financing, refinancing, loan extensions, interest reserves, and debt sizing.

• Monitor project performance. Track results against approved budgets and underwriting assumptions, identify material variances, and communicate their implications.

• Turn research into actionable insights. Review market studies, appraisals, construction budgets, broker opinions, comparable sales and rents, and competing development activity.

• Communicate findings clearly. Prepare investment committee materials, lender presentations, investor reports, and concise analyses for senior management.

• Improve analytical workflows. Use Claude, ChatGPT, and other AI tools to support research, modeling, document review, and reporting while independently validating outputs.

• Collaborate across disciplines. Work with accounting, construction, property management, leasing, legal, and external partners on portfolio analyses, strategic initiatives, and time-sensitive projects.

What You'll Bring

Required qualifications

• Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business, or a related discipline.

• Advanced Microsoft Excel proficiency and demonstrated experience building sophisticated financial models.

• Strong understanding of real estate finance, including development costs, operating cash flows, debt, equity, investment returns, cap rates, and valuation.

• Proficiency with ChatGPT and/or Claude and an understanding of how to use AI effectively in a professional analytical workflow.

• Strong analytical and quantitative skills, sound judgment, and exceptional attention to detail.

• Ability to organize complex information and communicate clear, concise findings.

• Ability to manage multiple projects and competing priorities in a fast-paced environment.

Preferred qualifications

• Two to three years of experience in commercial real estate investments, development, investment banking, private equity, lending, real estate consulting, or a related field.

• Experience underwriting commercial real estate acquisitions or development projects.

• Familiarity with construction budgets, development schedules, and debt and equity underwriting.

• Experience conducting commercial real estate market research and comparable property analysis.

• Experience preparing professional presentations and investment materials.

• Familiarity with ARGUS Enterprise.

Why Join Ensemble?

• An incredible culture and talented team: Work alongside experienced professionals who bring deep expertise across real estate development and investment.

• Transformative work: Contribute to projects helping shape Philadelphia's future.

• Meaningful responsibility and visibility: Work directly with the people making investment and development decisions.

• Broad professional growth: Build experience across the entire development and investment lifecycle within an entrepreneurial company with substantial growth ambitions.

Location: This position is based in Ensemble's Philadelphia Navy Yard office Mon -Thurs, with work from home flexibility on Fridays.

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