Associate, Investments Full Time NEW

Associate, Investments – 11North Partners

New York, NY – Full Time

About 11North Partners:

11North Partners is a performance-driven investment firm focused on real estate, private credit, and alternative asset strategies, focused on Retail Real Estate. We combine disciplined underwriting, data-driven portfolio management, and active operational oversight to deliver strong risk-adjusted returns for our investors. Our team values analytical rigor, accountability, and an entrepreneurial mindset, with investment decisions grounded in fundamental analysis, financial modeling, and ongoing portfolio monitoring.

Overview:

11North Partners is seeking a highly motivated Investment Analyst to join our dynamic and entrepreneurial Investment team. This individual will play a critical role in supporting the sourcing, underwriting, and execution of real estate investment opportunities across multiple asset classes. The ideal candidate thrives in a fast-paced, performance-driven environment and demonstrates exceptional analytical rigor, intellectual curiosity, and a passion for investing.

Key Responsibilities

• Lead the financial underwriting and evaluation of acquisition and development opportunities, including construction and maintenance of detailed Argus Enterprise and Excel-based models incorporating DCF, IRR/equity multiple analysis, waterfall structures, debt sizing, and scenario-based sensitivity analyses.
• Evaluate investment opportunities through comprehensive cash flow analysis, market research, and risk assessment to support investment committee decision-making.
• Develop independent perspectives on market rents, tenant demand, absorption, operating assumptions, and valuation trends through direct engagement with brokers, owners, lenders, tenants, and other market participants.
• Lead transaction due diligence efforts, including review of leases, operating statements, property-level financials, third-party reports, legal documentation, and tenant credit.
• Coordinate transaction execution processes across legal, financing, accounting, operational, and third-party diligence teams to support efficient closings.
• Prepare investment memoranda, underwriting summaries, and committee presentations that clearly articulate investment thesis, business plan execution strategy, key risks, and projected returns.
• Assess capital structures and financing alternatives, including senior debt, mezzanine financing, preferred equity, and joint venture structures.
• Track market dynamics, retail sector trends, comparable transaction activity, and capital markets conditions to sharpen investment judgment and sourcing initiatives.
• Support acquisition sourcing efforts by maintaining active relationships with brokers, owners, lenders, and other industry participants.
• Analyze property operating performance, including revenue trends, expense assumptions, capital expenditure requirements, lease rollover exposure, and tenant credit quality.
• Assist in asset-level financing, refinancing, recapitalization, and disposition activities as needed.
• Participate actively in investment committee discussions and collaborate closely with senior leadership on portfolio strategy and execution initiatives.
• Position will offer increasing leadership responsibility over underwriting processes and junior team workflows as the investment platform grows.

Qualifications

• Bachelor’s degree in Finance, Real Estate, Economics, or related field required. Strong academic credentials are expected.
• 3+ years of experience in real estate private equity, acquisitions, investment banking, commercial brokerage, or a related institutional investment environment with direct exposure to commercial real estate transactions.
• Advanced financial modeling and underwriting skills required, including experience building complex, auditable acquisition and development models from scratch.
• Proficiency in Argus Enterprise and Microsoft Excel required.
• Strong understanding of commercial real estate valuation methodologies, capital structures, joint venture economics, and debt markets.
• Direct experience underwriting retail, mixed-use, or commercial real estate investments strongly preferred.
• Demonstrated ability to manage multiple live transactions and workstreams in a fast-paced, deadline-driven environment.
• Strong commercial judgment, intellectual curiosity, attention to detail, and ownership mentality.
• Excellent written and verbal communication skills, with the ability to synthesize complex analysis into clear and compelling investment recommendations.
• High level of professionalism, integrity, and execution capability expected.

Compensation

• Base salary range of $150,000 to $175,000, commensurate with experience.
• Total compensation includes a discretionary performance-based bonus.
• Comprehensive benefits package including medical, dental, vision, and 401(k).

Culture & Environment:

At 11North Partners, we foster a collaborative, high-performance culture where every team member’s voice is valued. You’ll be working alongside a group of smart, driven, and supportive professionals who are passionate about investment strategy and long-term success. This is a high-intensity, high-reward opportunity for candidates who want to be surrounded by top talent and gain exposure to institutional-quality deals. We operate with a sense of urgency, intellectual rigor, and entrepreneurial energy — and expect the same from every team member.

Benefits:

• Competitive compensation package
• Annual target bonus
• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) plan

Employment Status

Applicants must be legally authorized to work in the United States. At this time, 11North Partners is not able to sponsor visas or provide immigration support for this position.

11North Partners is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected characteristics.