Senior Underwriter

Welcome and thank you for your interest in joining our team!

Were excited that youre considering a career with us. At Real Capital were always looking for individuals who bring passion integrity and a commitment to excellence in everything they do. This application is your first step toward becoming part of a team that values collaboration growth and meaningful impact.

Working for Real Capital definitely has it perks:

• Comprehensive Benefits including medical dental vision life disability and 401(k) retirement plans.
• Work-Life Balance Support paid time off holidays sick leave parental leave and other forms of protected leave across our companies.
• Wellness & Lifestyle Perks employer-funded Lifestyle Spending Account Employee Assistance Program and access to voluntary benefits such as pet insurance accident and critical illness coverage.
• Growth & Opportunity a culture of training development and internal promotion with clear pathways for career advancement!

We look forward to learning more about you!

Senior Underwriter AI-Enabled Investment Analysis

Location: Las Vegas / Henderson Nevada onsite with periodic travel for site visits and market tours

Employment type: Full-time exempt

Reports to: Chief Executive Officer

About the Role

Real Capital is looking for a technically fluent Senior Underwriter to drive acquisitions and investment decisions across our self-storage and express car-wash platforms. You will independently evaluate opportunities own and improve our underwriting models keep the acquisition pipeline moving and help build the governed AI workflows that make our investment process faster and more consistent.

This is a high-visibility seat. You will work directly with the CEO present your own analysis to investors and the investment committee and set the underwriting standards that future analysts will follow. You will also be the person who translates underwriting judgment into documented testable systems the work that determines how much deal volume our acquisitions team can carry.

Who You Are

You are an underwriter first. You can spot weak source data challenge assumptions explain what actually drives returns and defend your own underwriting in front of investors. You are a self-starter who wants to win and you are genuinely curious about getting better at the craft.

You are comfortable with AI tools and structured data today and you want to go considerably deeper we will invest in building that expertise. You bring prior experience with or at least general exposure to APIs and workflow automation.

What Youll Do

Underwriting and Investment Analysis

• Independently underwrite self-storage and express car-wash acquisitions developments expansions and value-add opportunities.
• Review offering materials rent rolls historical operating statements budgets market data site information financing terms and due-diligence materials.
• Build audit and maintain detailed financial models including operating projections debt assumptions returns sensitivities downside cases and exit scenarios.
• Identify missing inconsistent or unreliable source data and resolve it before recommendations are presented.
• Research markets and competitors including supply rents occupancy development pipeline demographics pricing and local operating conditions.
• Prepare concise investment summaries that state the opportunity risks assumptions sensitivities open issues and your recommendation.
• Support investment-committee discussions and answer questions with traceable data and analysis.

Pipeline Management and Execution

• Maintain a single accurate acquisition pipeline showing stage owner priority missing information underwriting status next action and decision date.
• Coordinate with acquisitions asset management finance legal construction and operations to keep active opportunities moving.
• Surface stale deals unresolved assumptions resource conflicts and decision bottlenecks early.
• Keep model versions supporting documents and decision records organized.
• Support post-close reviews by comparing actual performance against underwriting assumptions and feed what you learn back into future underwriting.

AI-Enabled Underwriting and Process Improvement

• Document the current underwriting process model conventions approval gates exception handling and quality-control standards.
• Translate underwriting workflows into requirements for repeatable AI skills agents and pipeline automations.
• Validate AI-generated output against approved financial models source documents competitor data and human underwriting conclusions.
• Define failure conditions and human-review gates so the system flags uncertainty rather than quietly filling gaps with assumptions.
• Assist with data mapping and evaluation of third-party sources and APIs including competitor rate occupancy demographic and pipeline data.
• Build lightweight automations yourself and work closely with engineers on integrations that require production support.
• Track changes to financial models and AI workflows so output stays reproducible and auditable.

Cross-Functional Collaboration

• Work directly with the CEO and investment leadership to prioritize work across the storage and car-wash platforms.
• Take functional underwriting direction from the relevant asset-class leader while maintaining consistent standards and independent analysis.
• Communicate clearly with both technical and nontechnical stakeholders.
• Help establish scalable underwriting standards that support future analysts and higher transaction volume.

What Success Looks Like

In your first 90 days you will:

• Take ownership of the active underwriting pipeline with clear priorities and next actions.
• Demonstrate independent command of our core financial models and investment standards.
• Document the current underwriting workflow major judgment points exceptions and QA checklist.
• Complete accurate underwriting on live opportunities with minimal rework.
• Identify gaps in our market data automation opportunities and resource needs that would improve underwriting accuracy and speed.

Within six months you will:

• Own a consistent auditable underwriting process across both platforms.
• Reduce manual work and cycle time without weakening investment judgment or controls.
• Validate and support the rollout of an updated AI-assisted underwriting workflow.
• Produce measurable improvements in pipeline visibility model consistency and turnaround time.

What Youll Need

• Bachelors degree in finance real estate economics accounting or business or equivalent practical experience.
• 5 years of commercial real estate underwriting acquisitions investment analysis or asset-management experience.
• Advanced Excel and financial-modeling capability including cash-flow projections debt modeling sensitivities and return analysis.
• Demonstrated use of AI tools for real analytical work you have put an LLM to work on modeling data analysis or research and can speak to where it helped and where it fell short.
• Ability to independently evaluate assumptions and land on a defensible investment recommendation.
• Strong attention to detail and the instinct to trace every output back to source data.
• Ability to run multiple active opportunities and deadlines without losing control of follow-up.
• Strong written and verbal communication.
• Based in or willing to relocate to the Las Vegas / Henderson area.

Nice to Have

• Self-storage car-wash multi-site operating business or other operationally intensive real estate experience.
• Hands-on experience with Cowork Claude Code Codex or comparable AI tooling including structured prompting workflow automation or output validation.
• Comfort working with structured data APIs SQL Python or business-intelligence tools.
• Experience improving underwriting templates investment-committee materials or acquisition pipeline systems.

Interview Process

• After completing initial interviews finalists should expect a working session of roughly 2 hours which includes:
• A practical underwriting and model-review exercise using an anonymized opportunity.
• A written investment recommendation identifying key assumptions missing information and risks.
• A short exercise explaining how part of the underwriting process could be converted into a controlled AI workflow inputs outputs test cases failure modes and required human approvals.

Thank you for taking the time to apply and share your background with us. We recognize the effort that goes into this process and we truly appreciate your interest in becoming part of our team. If theres a mutual fit well be in touch with next the meantime we wish you all the best in your professional journey!

Real Capital is an equal opportunity employer. All applicants will be considered for employment without attention to race color religion sex sexual orientation gender identity national origin veteran status or disability status.