*Note: In order to be considered for the role below, please provide your resume, transcript, AND cover letter.
Applications that do not include these materials will not be considered. Please be sure to include all relevant materials.
About the TerraCotta Group
The TerraCotta Group is a private investment firm that specializes in commercial real estate (CRE) credit. Founded in 2004, TerraCotta has pioneered the application of data-driven methodologies in commercial real estate credit investing, with no principal losses since the firm’s inception. The unique blend of our advanced data analytics and deep real estate credit experience enables us to offer bespoke credit solutions tailored to meet the needs of individual borrowers, for the benefit of all stakeholders. Over the past 21 years, we have continuously refined and expanded our methodology to yield actionable, investable insights into middle market real estate credit opportunities, delivering stable and attractive, risk-adjusted returns across all market cycles.
About the Position
We seek to hire the best and brightest through our three-year Analyst Program, designed for those eager to learn and grow by applying themselves to a new approach to Commercial Real Estate (CRE) investing.
In this position, you will learn all aspects of CRE credit from start to finish by working directly on each stage of a deal alongside the investment team on a daily basis. Analysts play a crucial role at our firm, assisting in the execution of originations, underwriting, due diligence, servicing, asset management, development, and capital markets processes.
You will work in a collegial, merit-based environment at the intersection of data and financial credit analysis alongside a highly committed team of professionals who are led by visionary leadership. Independent thinking is encouraged, and initiative is rewarded.
Investment Analyst positions are available at our El Segundo and New York City locations. Analysts applying for the New York City office will need to be in our El Segundo office for the first year.
Job Responsibilities
- Underwrite potential commercial real estate loans and loan purchases alongside senior team members by preparing market analyses, including vacancy, absorption, and comparable rents and sales
- Collect and analyze data to support investment theses
- Support all aspects of credit structuring and financing due diligence, including preparation of loan underwriting packages, compiling and analyzing spreadsheets, conducting market research, and reviewing sponsor financials
- Contribute to the asset management and development of real estate assets across property types
- Review and analyze real estate-related documents and third-party reports
- Support decision-making related to capital markets interactions
- Assist with loan portfolio management and investor reporting
Characteristics, Skills, and Education
- Driven candidates who are looking to take end-to-end ownership of their work and make a tangible impact in the CRE credit space
- Strong analytical and problem-solving skills
- “Roll up your sleeves” mindset
- Strong verbal and written communication skills
- An ability to work under strict deadlines and the capacity to successfully manage multiple tasks in a dynamic professional environment
- Intellectual curiosity and a drive for continuous learning and growth
- Bachelor’s degree with a focus in Economics, Statistics, Math, Data Science, Informatics, or any of the social sciences
- Advanced skills in MS Office (Excel, Word, PowerPoint, Outlook)
- Experience with and/or a strong interest in learning data visualization and its use in CRE investing
