Financial Analyst

Position Overview Block Real Estate Services, LLC (“BRES”) is seeking a Real Estate Analyst to support the evaluation and execution of commercial real estate investments, developments, financings, and asset-level strategies.

This early-career position combines financial modeling, market research, project budgeting, due diligence, financing support, and investment analysis. The analyst will contribute to active acquisition, development, refinancing, and portfolio assignments and prepare analysis used by BRES principals and other organizational leaders, investors, lenders, and project stakeholders.

The position is well suited for someone who is analytically strong, commercially minded, highly attentive to detail, and interested in developing a broad understanding of how commercial real estate decisions are made and executed.

About Block Real Estate ServicesBRES is a privately held, full-service commercial real estate company headquartered in Kansas City, Missouri. Founded in 2009, building on Kansas City real estate roots dating to 1936, BRES provides an integrated platform spanning investments, brokerage, development, construction, financing, property and asset management, economic incentives, and related advisory services.

BRES manages more than 45 million square feet of retail, office, and industrial property. Its affiliate, Block Multifamily Group, manages approximately 10,600 multifamily units. BRES’s principals and partnerships have leased, acquired, sold, and managed properties across more than 245 cities in 40 states.

Through BRES and affiliated companies such as Block Funds and Block Multifamily Group, the organization participates in commercial real estate investment, development, financing, and operations across multiple property types and markets.

Key Responsibilities Develop and maintain Excel-based underwriting models, pro forma cash flows, and financial analyses for acquisitions, developments, refinancings, and asset-level decisions.

Analyze rent rolls, leases, operating statements, budgets, construction costs, debt terms, and market assumptions to identify key value drivers and risks.

Prepare development cost sheets and project budgets and assist with construction draws, cost tracking, and ongoing project reporting.

Calculate and evaluate property values, investment returns, and credit metrics, including capitalization rates, internal rates of return, equity multiples, return on cost, debt service coverage, debt yield, and loan-to-value ratios.

Conduct property, market, and economic research, including comparable rents and sales, operating assumptions, supply and demand conditions, and capital-market trends.

Assist with financing and refinancing assignments by evaluating loan structures and terms, preparing supporting analyses, and compiling information for lenders and other capital providers.

Support the analysis of public and economic-development incentives, including TIF, CID, TDD, IRB, historic tax credits, LIHTC, and other applicable programs.

Coordinate financial and property-level due diligence with professionals across investment, development, accounting, construction, brokerage, and property and asset management.

Prepare investment memoranda, financing materials, presentations, and concise written summaries of findings, risks, and recommendations.

Assist with asset and portfolio analysis, including actual-to-budget comparisons, business-plan monitoring, scenario analysis, and other recurring or project-specific assignments.

Complete ad hoc analyses and respond to changing project needs while maintaining accuracy and meeting deadlines.

Required Qualifications Bachelor’s degree in finance, real estate, accounting, economics, business, or related discipline.

Zero to two years of…