Analyst, Affordable Investment Sales

Department: Affordable Investment Sales

Walker & Dunlop, the #1 Multifamily Finance lender in the US, with expertise in all GSE and FHA/HUD affordable financing programs, has been a major player in the affordable housing space for years. We continue to invest in our platform so we can provide our clients with comprehensive, mission-driven financing solutions for their affordable housing needs. Our suite of services, spanning debt financing, LIHTC equity, and preservation advisory, combines industry-leading technology, technical expertise, and unparalleled execution.

W&D’s dedicated Affordable experts are committed to addressing the affordable housing crisis through integrated capital advisory and investment services.

As an Analyst with Walker & Dunlop Affordable Investment Sales, you will play a critical role in supporting team members through financial modeling, market analysis, and the preparation of client materials. You will develop a strong foundation in multifamily affordable housing transactions, with hands‑on experience working on real deals and learning from industry experts. You will review transactions across the entire country and become familiar with housing policy nationwide.

This position is ideal for a highly organized self‑starter with strong analytical skills, attention to detail, and a passion for real estate finance and affordable housing.

• Analyze affordable housing deals, including LIHTC, Section 8, USDA RD 515 and similar opportunities, including existing, value‑add, and resyndication developments, using proprietary underwriting models.

• Assist in evaluating project financing structures, calculating Section 8 rents, and assessing LIHTC eligibility.

• Conduct market research and prepare comparable analyses, Broker Opinions of Value (BOVs), Offering Memorandums (OMs), and client presentations.

• Contribute to the writing and production of marketing materials, including OMs, BOVs, and other client deliverables.

• Maintain and update internal databases tracking investment sales activity, construction pipelines, and key market metrics.

• Monitor federal, state, and local housing developments and summarize potential impacts on transactions.

• Assist in transaction and due diligence coordination by tracking documentation, monitoring deadlines, and supporting closing processes.

• Support team efforts in creating “state of the market” reports and presentation materials for conferences and client meetings.

• Ensure accurate and organized file management to maintain compliance and support deal execution.

• Perform other duties as assigned.

• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

• Bachelor’s degree required (preferred concentration in Finance, Real Estate, Economics, or a related field).

• 1+ years of experience in real estate finance, affordable housing, investments, or a related field preferred.

• Internship or academic experience in real estate financial analysis is a plus.

• Strong understanding of financial analysis and real estate fundamentals; familiarity with LIHTC, HUD, and other affordable housing programs preferred.

• High proficiency in Excel for financial modeling; experience with Argus, CoStar, or similar platforms a plus.

• Excellent attention to detail and organizational skills.

• Ability to manage multiple assignments in a fast-paced, deadline-driven environment.

• Strong written and verbal communication skills.

• Demonstrated initiative, accountability, and eagerness to learn.

• Team-oriented mindset, with professionalism and courtesy when collaborating with colleagues and clients.

• Proficiency in MS Outlook, Excel, PowerPoint, Word, and Adobe Acrobat; ability to learn Salesforce and other company software.

• Alignment with the Walker Way—caring, collaborative, tenacious, driven, and insightful in approach to work.

• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.

• Courtesy, respect, and…