Real Estate Investment Analyst

Epogee is a Boston-based alternative asset management firm focused on delivering differentiated investment opportunities to ultra-high-net-worth individuals and family office clients. In addition to our Alternatives Advisory services, Epogee’s platform spans both direct real estate and private equity verticals, requiring seamless coordination and strategic execution across operational and investment personnel. Our team combines institutional investment experience with an entrepreneurial approach to sourcing, evaluating, and managing alternative investments.

We emphasize rigorous analysis, operational excellence, and long-term partnerships built on trust and transparency.

The Investment Analyst – Real Estate will play a critical role in evaluating, analyzing, and monitoring real estate investment opportunities across Epogee's direct real estate and real estate private equity fund investments. This role requires a broad understanding of real estate fundamentals spanning multiple asset types, geographies, and investment strategies – from ground-up development and entitlement-stage opportunities to stabilized, income-producing assets and value-add repositioning.

The ideal candidate will demonstrate strong analytical capabilities, attention to detail, and the ability to communicate investment insights effectively to senior leadership and clients.

Investment Analysis & Underwriting

• Conduct comprehensive financial analysis and underwriting of direct real estate investments across multiple asset classes including multifamily, office, industrial, retail, hospitality, and mixed-use properties
• Build and maintain detailed financial models incorporating acquisition assumptions, operating projections, capital expenditure planning, financing structures, and exit scenarios
• Evaluate development opportunities including entitlement risk assessment, construction budgeting, timeline analysis, and feasibility studies
• Analyze value-add and opportunistic strategies including repositioning plans, lease-up projections, renovation scope and budgets, and market repositioning approaches
• Assess core and core-plus stabilized assets with emphasis on cash flow analysis, lease rollover risk, tenant credit quality, and market fundamentals
• Prepare investment memos, executive summaries, and presentation materials summarizing key investment merits, risks, and recommendations

Real Estate Private Equity Fund Evaluation

• Conduct investment due diligence on real estate private equity funds and co-investment opportunities, including manager track record analysis, strategy assessment, and portfolio construction review
• Perform operational due diligence evaluating fund manager organizational structure, investment processes, risk management frameworks, and operational infrastructure
• Analyze fund terms including fee structures, carried interest arrangements, GP commitments, investment periods, and liquidity provisions
• Review historical fund performance across vintage years, assess portfolio company performance, and evaluate realized versus unrealized investment outcomes
• Coordinate information requests, organize data room materials, and synthesize findings into actionable investment recommendations
• Conduct market research and competitive analysis across target geographies and property types, tracking supply and demand fundamentals, rental rate trends, cap rate movements, and economic indicators
• Monitor portfolio investments on an ongoing basis, tracking asset performance against underwriting assumptions and identifying early warning signals or value creation opportunities
• Prepare quarterly portfolio performance reports, investment updates, and variance analyses for internal review and client communications
• Maintain investment tracking systems, deal pipeline databases, and market intelligence repositories
• Develop relationships with brokers, lenders, consultants, and other market participants to source off-market opportunities and gather market intelligence

Client Support & Communication

• Assist in preparing client-facing investment presentations, quarterly reports, and performance updates
• Support investor due diligence…