Founded in 1981, IEC is a California apartment investment firm. The firm invests in value-add apartment projects in California’s best markets. IEC is currently investing a $445m discretionary fund which includes endowments, pension funds, foundations and family offices. Since inception, the firm has acquired and sold over 100 projects in its core locations.
For more information visit: www.interstateequities.com
Interstate Equities Corporation is seeking to expand its Analyst group. As an integral member of our team, Analysts should expect a generalist approach. The primary responsibilities include; supporting the firms’ acquisitions, dispositions, capital formation and investor relations efforts. Working closely with senior executives and other team members, Analysts are encouraged to assume increasing responsibility. The role will be based in our San Francisco office.
The primary responsibilities for the role include:
- Supporting the acquisition process through detailed operational budgeting, assessing market comparables and financial modeling
- Preparing investment memorandums for internal and Investment Committee briefings
- Assisting with new business development, including prospecting research, development of specialized marketing materials such as pitch books and tear sheets
- Supporting the investor relations function, database management and maintaining investor records
- Performing financial analysis, supporting asset performance tracking and quarterly reporting for private equity funds
- 0-2 years of professional experience
- Passion for Real Estate, previous industry experience in real estate, private equity, investment banking or investment management a plus
- Attention to detail is critical, with the ability to handle multiple projects simultaneously
- Desire to work in a small team environment
- Sense of urgency, with a strong curiosity to learn and be coachable
- Exceptional communication, analytical, and problem-solving skills
- Proficiency in developing and maintaining complex financial models
- Advanced MS Word, PowerPoint, and Excel, understanding of Yardi and CoStar is a plus
- B.S. Degree in Business Administration, Math, Finance, Economics, or Accounting
- We welcome applications from students graduating in Spring 2027.
Compensation: Annual base salary is $80k-$90k depending on the level of experience of the candidate, plus an annual discretionary performance bonus and a mid-year bonus based on the candidates’ ability to meet goals and objectives.
- IEC offers a competitive compensation package, including:
- Company paid healthcare premiums at 100%, specifically for the employee, with options to buy up
- 401(k) Plan, with 4% company match
- Flexible Spending/Health Savings Accounts
- Company paid Life Insurance and Long-Term Disability Insurance, specifically for the employee, with options to buy up
- Paid Time Off – 5.23 hours accrued per pay period, from date of hire
- Company Paid Holidays
- Employee Assistance Plan
- Employee Discounts
- Commuter Benefit
Skills Required
- 0-2 years of professional experience
- Passion for real estate
- Attention to detail and ability to handle multiple projects simultaneously
- Desire to work in a small team environment
- Sense of urgency, curiosity to learn, and coachability
- Exceptional communication, analytical, and problem-solving skills
- Proficiency developing and maintaining complex financial models
- Advanced Microsoft Word, PowerPoint, and Excel skills
- Understanding of Yardi and CoStar
- B.S. degree in Business Administration, Math, Finance, Economics, or Accounting
What We Do
IEC Property Services Corporation operates value-add multifamily properties across California and Washington. It acquires, renovates, and manages apartment communities to generate returns for investors, while aiming to provide quality housing and strong resident service. The company also delivers comprehensive, hands-on in-house property management, with a focus on value-add initiatives and executing property business plans to maintain high standards and create positive living experiences.
