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A more rewarding way to rent and own a home

Senior Investments Associate

$100k – $150k • 0.05% – 0.5%
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The problem:

America is going through a housing affordability crisis, where access to ownership is growing increasingly out of reach. 33% of Americans are renting, and 25% of those that are renting spend over half of their income on rent. As a direct result, nearly 75% of Americans have less than $1,000 in savings. These numbers are projected to only get worse for future generations, as student debt and the cost of living continue to balloon.

Homevest offers a way for renters to access the financial benefits of ownership while they pay rent, providing a new, accessible modality for wealth creation. As the first program to give renters access to home price appreciation and cash flow on rental income, Homevest allows renters to access the financial benefits of ownership with the flexibility of renting.

We're a NYC-based team of former investment and technology professionals and are well-funded from top venture capitalists (Khosla, Kairos) and strategic angels from Opendoor, Morgan Stanley, JP Morgan, and Millennium. We're looking for talented, hard-working, and passionate team members to help us make the benefits of ownership accessible to all.


The role:

We are looking for a Senior Investments Associate to support structuring, diligencing and investing in single-family homes across the United States. This is an exceptional opportunity for an investment professional who will thrive in an entrepreneurial environment that blends structured financial innovation with cutting-edge technology products.

The position is ideal for an extremely innovative and entrepreneurial candidate. The candidate will report directly to the CEO to source, underwrite, diligence and close property-level acquisitions, in addition to helping develop the legal structure governing the growing technology/management platform. The candidate will have the opportunity to gain valuable experience in both financial structuring and tech product at a fast-growing technology startup with a team obsessed with building new financial products that make sense. While assisting in the various stages of the acquisition and asset management processes, the candidate will also gain exposure to fundraising from third-party capital providers and technology product management.


Key responsibilities:

* Complete financial modeling and analysis for new acquisitions in the single-family property sector and joint-venture waterfall structures, in addition to forecasting analyses for fund, corporate and property-level investments
* Conduct market research and property-level due diligence
* Negotiate legal documents to reflect economics, complying with relevant securities and consumer regulations
* Creation of thorough and concise investment memorandums
* Manage transaction progress and assist with closings
* Preparation of asset management reports, investor presentations and other marketing materials


Qualifications:

* 2-4 years of relevant investment banking and/or private equity/mezzanine investments
* Real estate experience ideal, but not required
* Advanced knowledge of Excel with the ability to demonstrate strong skills in financial analysis and modeling
* Team player able to work in a fast-moving and entrepreneurial environment, balance changing priorities and meet deadlines
* Self-motivated and proactive, with an established track record of effectively completing tasks independently
* Outstanding academic record with strong writing, quantitative analysis, organizational and verbal communication skills


What you'll get from Homevest:

* The opportunity to join a mission driven company that is working on a novel solution to a major problem
* A culture that prioritizes thoughtfulness, mentorship, and hard work
* A team with a diverse set of expertise across Real Estate, Finance, Sales, Engineering, and Data Science
* Competitive compensation and thoughtfully designed perks
* Comprehensive benefits (medical, dental, vision, commuter, 401k, etc)
* Flexible vacation policy with required time off - we work incredibly hard but also encourage taking time off to relax, reflect, and do what you love outside of work


Homevest is committed to building a diverse and inclusive company that celebrates and develops individuals of all backgrounds. We are an equal opportunity employer and encourage all applicants.

Meet your team

People you would work with in this role

Michael Wong

Avatar for Michael Wong
Founder @homevest, previously investments and trading @MorganStanley

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