Investment Analyst – Real Estate Blog

Allocator Jobs is seeking an Investment Analyst for their Real Estate Blog in Juneau, AK. The role involves analyzing, selecting, and managing fund investments, building quantitative models, and preparing financial analyses. Candidates should have a bachelor's degree, relevant experience in real estate investments, and strong analytical skills. The position requires physical presence at either the Juneau or Anchorage office.
Position: Investment Analyst – Real Estate Blog Post

The Alaska Permanent Fund Corporation (“APFC”) manages the $78 billion Alaska Permanent Fund, a sovereign endowment established in 1976 to provide for all current and future generations of Alaskans. We are growing and plan to add several experienced and talented investors to our investment team. Below you will find the basic responsibilities and qualifications for this position and an overview of the primary private markets strategies for which we are hiring.
Job Description

The Investment Analyst reports to the Director of Real Estate and shares responsibility for identifying, analyzing, selecting, monitoring, and managing fund investments, co-investments, and direct acquisitions. By combining best-in-class manager selection with the ability to strategically deploy capital directly into attractive opportunities, the Real Estate team seeks to deliver accretive, risk-adjusted returns over the long term.

Key Responsibilities
• Build and maintain quantitative models to assess potential investments, analyze investment themes, and distill insights for portfolio optimization.
• Prepare financial models in Argus and Excel to underwrite potential investment opportunities.
• Analyze, manage, and monitor APFC’s existing portfolio and complete market and economic research as necessary, distilling complex data into insights.
• Maintain internal performance models and track portfolio results against established benchmarks and annual operating and capital budgets.
• Collaborate with various asset classes and departments across the broader fund, encouraging the exchange of ideas and information.
• Prepare quarterly board meeting executive level materials and assist with accounting and finance functions as needed.
• Support various ad-hoc projects and Real Estate team initiatives with a commitment to preserving and enhancing long-term value.
• Synthesize results of screening and due diligence into investment memos and assist in the presentation of findings to senior team members and/or the Investment Committee.

The successful candidate will have the following qualities:
• Unquestionable personal and professional integrity.
• Self-motivation, strong work ethic, and team orientation.
• A track record of outstanding professional achievement.
• Intellectual curiosity, humility, tenacity, and professional flexibility.
• A demonstrated ability to collaborate well in a team environment.
• Strong commitment to APFC’s vision and its shared values of integrity, stewardship, and passion.

Required Qualifications
• A bachelor’s degree and directly relevant professional experience including direct involvement in underwriting and analyzing institutional real estate investments.
• Robust knowledge of the real estate industry, market participants, investment structures, and current trends.
• Ability to manage multiple tasks simultaneously and meet tight deadlines.
• Strong analytical skills, including high proficiency in Excel (ability to build and evaluate complex financial models).
• Excellent verbal and written communication skills, including proficiency in Word and PowerPoint.
• Effective presentation and advanced critical thinking skills.
• Ability to physically work at either our headquarters located in Juneau, Alaska, or our office located in Anchorage, Alaska.

Preferred Qualifications
• Advanced degree.
• Superior attention to detail and excellent technical writing, presentation, and critical thinking skills.
• Recent graduate to 5 years of experience including direct involvement in underwriting and analyzing institutional real estate investments.
• Strong analytical and quantitative skills with a keen understanding of financial concepts (NPV, IRR, lease comparison, ROI, DCF modeling, financial statements, budgeting, etc.).
• Advanced knowledge of Argus, CoStar, Green Street, Yardi, or similar software.
• Familiarity with real estate law concepts, including purchase and sale contracts, leases, mortgages, appraisals, development contracts, and joint venture agreements.

Investment Strategies

Real Estate is a critical component of APFC’s institutional investment platform, with a portfolio invested primarily in direct ownership of residential, retail, industrial, and office buildings in the U.S. and…