Commercial Real Estate Analyst

Lincoln Property Company (“Lincoln”) is seeking a highly motivated and entrepreneurial Analyst / Associate to join its Corporate Advisory & Solutions (CAS) group, supporting the firm’s growing healthcare real estate investment platform in partnership with a large programmatic capital partner. The platform is focused on acquiring, operating, and developing medical office buildings and related outpatient healthcare assets across the U.S. This is a hands-on role with exposure across the full investment lifecycle, including acquisitions, asset management, financing, and development. The position offers an opportunity to join a rapidly scaling, institutional-quality platform with the resources of a national firm that’s been in business for 65+ years.

Primary Responsibilities

Acquisitions & Investments

• Support the origination, underwriting, and execution of new investments, including acquisitions, developments, and recapitalizations.
• Conduct detailed financial analysis of potential investments, including building and maintaining Excel-based pro forma models, market research, comparable analyses, and investment committee memoranda.
• Perform due diligence on prospective acquisitions, including property-level financial review, tenant credit analysis, lease review, third-party report coordination, and risk assessment.
• Conduct macro and micro-level market research to support underwriting assumptions and investment theses.
• Assist in preparing investor and internal reporting materials, including quarterly updates and year-end strategy presentations.
• Populate, maintain, and enhance the acquisition pipeline and related tracking systems.
• Travel as needed for property and market tours, and industry conferences.

Asset Management

• Assist in preparing quarterly and annual property and portfolio reports, business plans, reforecasts, and cash flow analyses; track actual performance versus budgets, underwriting, and investment theses.
• Maintain portfolio-level data systems including acquisition pipeline, stacking plans, leasing dashboards, capital expenditure tracking, and platform models.
• Support leasing and marketing activities by analyzing market comps, tenant credit, lease economics, and NER calculations; prepare and maintain lease abstracts and reporting tools (e.g., Prophia, VTS).
• Participate in regular property inspections, leasing and operations calls, and lender or JV reporting processes.
• Coordinate with property management, leasing, and accounting teams to ensure alignment between asset strategy, property operations, and financial reporting.
• Travel as needed for property tours, asset management meetings, and industry conferences.

Preferred Qualifications

• 1–3 years of full-time experience in real estate, private equity, investments, acquisitions, or investment banking.
• Strong interest in healthcare real estate and institutional-level real estate investing. Prior healthcare real estate experience not required.
• Bachelor’s degree in finance, Real Estate, Economics, Business, or a related field with strong academic credentials.
• Proficiency in Microsoft Excel and PowerPoint; experience with ARGUS Enterprise required.
• General understanding of real estate finance, valuation, and basic accounting concepts.
• Excellent organizational, analytical, verbal, and written communication skills, with strong research and presentation abilities.
• Diligent work ethic, high attention to detail, and ability to manage multiple projects in a fast-paced environment.
• Team-oriented and self-motivated, with a desire to contribute in an entrepreneurial, growth-stage platform.