Analyst, Real Estate Investments

Welltower; London; On-site; GBP 40,000 - 80,000

Job description

JOB SUMMARY

Welltower is the largest healthcare REIT and one of the largest REITs in the world. It has approximately $8.8 billion in available liquidity and has completed over $17.1 billion in investments since Q4 2020. This includes $6.1 billion in acquisitions during the first three quarters of 2024. The Investment team is at the forefront of the company's growth and is responsible for all new investments, from initial valuation and deal structuring through detailed due diligence and closing. As an Analyst, you will be responsible for analyzing potential investments in senior housing. Welltower’s UK team manages a large portfolio of senior housing assets (over 10,000 units across more than 130 assets) and has a significant pipeline (exceeding £1 billion) for further investments through acquisitions and development. The UK team is small and dynamic, so the Analyst will be a key member of the deal team throughout the full lifecycle of a deal, gaining comprehensive experience across a variety of acquisitions. Key responsibilities include underwriting potential acquisition and development opportunities; conducting operator/client credit analysis; and reviewing and analyzing business plans, management teams, budgets, and financial statements at both the company-wide and individual property or portfolio levels.

KEY RESPONSIBILITIES

• Assist throughout the full transaction cycle to assess and execute acquisition and development opportunities of senior housing assets, and age-restricted multi-family opportunities across the UK, including in-depth market research, property underwriting, conducting due diligence, and closing.
• Financial analysis and modeling to aid in valuation and structure.
• Prepare pro forma cash flow models for all stages of the real estate cycle.
• Participate in site visits to assess competitive landscape and market.
• Partner with Business Insights department to analyze demographics and psychographics of the healthcare landscape.
• Present the underwriting, valuation, structure, risks, and due diligence of potential investments to senior leadership through corporate-wide weekly investment committee meetings.
• Participate in the structuring, due diligence, and legal process of transactions.
• Participate in asset management functions such as assisting in the review of monthly performance, conducting variance analysis, and joining monthly operator calls.
• Prepare and analyze investment data to form strategic plans both at the property level and the portfolio level.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of this employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

TRAVEL

Some out-of-area and overnight travel may be expected.

MINIMUM REQUIREMENTS

Experience:

• A minimum of 1-3 years of relevant work experience in commercial real estate or healthcare investing, lending, investment banking, or investment sales. Relevant healthcare experience a plus but not required.
• Proficiency in real estate modeling including valuations, returns, and waterfall distributions (a modeling test will be part of the hiring process).
• Intermediate/Advanced proficiency in Microsoft Excel required.

Education:

• BS or BA in Finance, Economics, or similar business or analytical field required.

WHAT WE OFFER

• Competitive Base Salary + Annual Bonus
• Generous Paid Time Off and Holidays
• Pension Scheme + Profit Sharing Program
• Tuition Assistance Program
• Employee Stock Purchase Program – purchase shares at a 15% discount
• Comprehensive and progressive Medical/Dental/Vision options
• And much more!

ABOUT WELLTOWER

Welltower Inc. (NYSE: WELL) an S&P 500 company, is the world's preeminent residential wellness and healthcare infrastructure company. Our portfolio of 1,500+ Seniors and Wellness Housing communities is positioned at the intersection of housing, healthcare, and hospitality, creating vibrant communities for mature renters and older adults in the United States, United Kingdom, and Canada. We also seek to support physicians in our Outpatient Medical buildings with the critical infrastructure needed to deliver quality care.

Our real estate portfolio is unmatched, located in highly attractive micro-markets with stunning built environments. Yet, we are an unusual real estate organization as we view ourselves as a product company in a real estate wrapper driven by relationships and unconventional culture.

Through our disciplined approach to capital allocation powered by our data science platform and superior operating results driven by the Welltower Business System, we aspire to deliver long-term compounding of per share growth and returns for our existing investors – our North Star.

Welltower is committed to leveraging the talent of a diverse workforce to create great opportunities for our business and our people. EOE/AA. Minority/Female/Sexual Orientation/Gender Identity/Disability/Vet