Real Estate Research Analyst - Data Center Development

Dallas, TX
Full Time
PROVIDENT DATA CENTERS
Entry Level

📍 Location: Dallas, TX
🏢 Department: Data Centers
🕒 Employment Type: Full-Time | In-Office

🌟 About the Role
We're looking for a Real Estate Research Analyst who is part analyst, part builder. You'll be responsible for the intelligence infrastructure that drives our acquisition and development pipeline — not just pulling data, but designing the workflows and systems that keep it current, structured, and actionable.

You'll work at the intersection of real estate fundamentals, capital markets, and AI-enabled automation. If you've ever caught yourself building a tool to answer a question because no existing tool did it well enough, this role was written for you.

You'll have direct visibility into a platform executing on one of the most significant infrastructure buildouts of the decade. Your work will show up in acquisition decisions, investor presentations, and market strategy — not in a report that sits in a folder. We're a small, fast team. Your ceiling here is high.



🧭 Key Responsibilities

  • Build and maintain a living database of data center assets, land, and development activity across target markets.
  • Design automated research workflows using AI tools and scripting so proprietary datasets stay current without manual refresh.
  • Run and automate batch reports from tools like LandGate to support site identification and qualification.
  • Monitor regulatory and utility commission activity in target markets — ERCOT interconnection queues, PUC dockets, municipal zoning changes — for signals that affect site viability.
  • Track competitor positioning — lease-ups, new builds, tenant movements, pricing signals — across priority submarkets.
  • Track tenant activity and demand signals across the AI infrastructure landscape to inform commercial strategy.
  • Analyze inbound dealflow — site comps, power availability, zoning feasibility, market context — to support qualification and pursuit decisions.
  • Perform high-level preliminary underwriting on prospective sites to determine whether deals merit full pursuit.
  • Produce submarket profiles and site-level qualification packages that the dealflow team can act on immediately.
  • Support capital markets research — debt structure comps, yield benchmarking, investor activity.
  • Build and maintain dashboards in Power BI or equivalent tools that give leadership real-time visibility into market conditions and pipeline intelligence.
     
🎯 Desired Qualifications
  • Bachelor’s degree in Real Estate, Engineering, Architecture, or related field. 
  • 2–5 years in real estate private equity, REIT research, capital markets, a CRE data/analytics firm, or a similar research-intensive role.
  • You can read a rent roll, understand a cap rate, and know what makes a site work.
  • Genuine fluency with AI tooling — not "interested in AI," but actively using Claude, Gemini, or similar platforms to build workflows, automate processes, and do analytical work at scale.
  • A sustained, self-directed interest in programming. You've built things on your own time, picked up frameworks because you wanted to, and default to writing code when a manual process irritates you. You're comfortable working with APIs, unstructured data, and stitching together tools that weren't designed to talk to each other. You think in systems, not spreadsheets.
  • High agency. You identify gaps and close them without being asked. 
  • Excellent written communication. Your outputs are crisp, structured, and ready to hand to a senior decision-maker.
  • This is something you do anyway. You follow CMBS spreads, REIT earnings, and cap rate movements because you're genuinely obsessed — not because someone assigned it. You have opinions on market signals before you walk in the door.
     
🎯 Nice To Have Qualifications
  • Knowledge of real estate capital markets — CMBS structures, CREFC data, REIT public market dynamics, and how debt and equity pricing interact in large-scale real estate is a plus! 
  • Experience with Power BI or equivalent BI/visualization platforms — ability to build dashboards that non-technical stakeholders can actually use is a plus! 
  • Experience with industrial, data center, or infrastructure real estate is a plus! 
  • Familiarity with AI compute infrastructure, power markets, or hyperscale development is a plus!
     
🧰 Core Skills & Competencies
  • Entrepreneurial mindset and a results-driven approach.
  • A “big-picture” person with strong analytical and problem-solving skills.
  • Comfortable with ambiguity, the ability to quickly adapt to changes, and navigate complex situations.
  • Excellent written and verbal communication skills, with the ability to present effectively to investors, partners, and public stakeholders.
  • Ability to work independently, managing multiple high-priority projects simultaneously.
  • Relentless drive for mastering the craft, demonstrating a curiosity and commitment to deepening expertise in industrial real estate development.

💡 Why Join Provident Data Centers?
As a division of Provident, which has over three decades of real estate development experience, Provident Data Centers streamlines power studies, land acquisition, engineering, and construction for enterprise, hyperscale, and telecom clients.

Provident first entered the data center industry in 1999, transforming Dallas Northtown Mall into a 140,000-square-foot data center leased to Southwestern Bell (now AT&T). This notable project was secured in under a week, winning ULI awards and industry recognition.
  • Extensive record of delivering shovel-ready, power intensive sites ranging from 200MW to GW+ for hyperscale AI customers.
  • Industry-leading developer with strong financial backing.
  • Competitive compensation package, including performance-based incentives.
  • Collaborative, high-performance culture that values innovation and entrepreneurial thinking.

Compensation & Benefits:
  • Competitive base plus bonus, and the unique ability to invest in the Provident Employee Fund
  • Health, Dental, Vision Insurance
  • Company-Provided Life Insurance and Long-Term Disability Insurance
  • 401k with company match
  • 529 College Savings Plan
  • 3 Weeks PTO
  • Paid Holidays
  • Maternity/Paternity Leave











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Equal Opportunity Employer Statement
Provident is an equal opportunity employer and is committed to fostering a diverse and inclusive workplace. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other legally protected status.

Reasonable Accommodation
If you require a reasonable accommodation to complete any part of the application process or to perform the essential functions of the position, please contact us at careers@providentrealty.net and let us know the nature of your request.

Recruitment Fraud Notice
Please be aware of recruitment scams. Provident will never request personal financial information or payment at any stage of the hiring process. All legitimate communication will come from an official Provident email address.

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