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Equity Resource Investments (ERI) is a Cambridge, MA-based real estate private equity firm focused on

identifying diverse real estate investments that fit with its value philosophy. The firm is opportunistic, and has
the resources and flexibility to pursue multiple investment strategies (e.g., debt, preferred equity, equity, with
full or partial ownership) in many property types (e.g., office, retail, industrial, multifamily, hospitality and
senior housing). Founded in 1981, the firm has delivered strong returns to its investors throughout its history by
developing and applying analytical insights to exploit structural, cyclical, and situational dislocations that create
opportunity for pricing advantage. Most of the investments made by the firm including many made on a joint
basis come from leveraging relationships created over many years.

JOB DESCRIPTION

ERI seeks an Acquisitions Analyst to support its Acquisitions Group. The individual in this position will work
with the senior members of the acquisitions team on all aspects of sourcing, underwriting and closing new
investments being made by investment funds managed by ERI. In addition, the Acquisition Analyst will work
closely with ERIs Asset Management Group. The Asset Management Group has primary responsibility for
managing investments once they have been closed. Since ERI almost always invests with a third-party that
sources and manages the investment day-to-day (the Deal Sponsor(s)), the Acquisitions Analyst position also
entails working productively with many different Deal Sponsors. To a lesser extent the person in this position
will also interact with outside attorneys, accountants and third party consultants such as environmental
engineering firms, insurance brokers, etc. This position will provide broad exposure to complex, sophisticated
real estate investments and presents an exceptional foundation for professional growth in many areas of real
estate investment and ownership.

RESPONSIBILITIES
Assist in reviewing prospective investment opportunities, including providing an initial
review to senior team members.
Assist in underwriting prospective investments. This entails:
! reviewing financial models presented to ERI and manipulating/revising these models
! analyzing the assumptions being made in the financial projections and researching
the reasonableness of these assumptions
! using third party data sources to evaluate comparables (rent, operating expenses,
sales prices, etc.)
! communicating with real estate brokers and other sources familiar with the market
where the property is located
! traveling with acquisition team members to conduct on-site due diligence for
potential investments and evaluating the local market and comparable properties
! interacting closely with members of the Deal Sponsors team

Assist deal team members in preparing internal write-ups on prospective investments.
Participate in the prospective investment presentations to ERIs Investment Committee.
Provide follow-up information on questions raised by the Investment Committee.
Work with deal team members to close transactions, including reviewing third party reports
(environmental, engineering, title, etc.), reviewing legal documents and assisting ERIs
internal and external legal professionals on the closing.
Work closely with the Asset Management Group members to transition closed deals to Asset
Management and to coordinate post closing with Deal Sponsors to obtain information on the
performance of specific investments.
Conduct research into investment areas or property types where ERI has not previously
invested.
Create, maintain and update certain internal data bases.

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SKILLS AND EXPERIENCE
Bachelors degree in Finance, Economics or a related discipline. Specific work experience
will be considered but is not a requisite for this position.
Proficiency in MS Excel and MS Word required; experience with Argus is a plus.
Ability to create complex real estate and partnership financial models, including discounted
cash flows, preferred returns, waterfalls, etc.
Excellent verbal and written communication skills necessary for presenting analyses,
conclusions and recommendations to senior management, investors and outside partners.
Ability to work under pressure and on multiple projects simultaneously, prioritize deadlines
and effectively manage workload.
Self-motivated, detail-oriented and a quick study with strong organizational, analytical and
problem solving skills.

Qualified candidates should send a resume and cover letter to resumes@equityresources.com.

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