Real Estate Development Analyst

Development Analyst

SummaryofPosition:

TheDevelopmentAnalystisresponsibleforassistingtheDevelopmentteamwithspecificaspectsoftherealestate development life cycle including, but not limited to: Underwriting, Financial Modeling, Financial Reporting per the direction of the CEO, Investor Relations, Re-Financing, Disposition and Assisting with Site Identification/Site Acquisition. The analyst will report directly to the CEO and will be exposed to all levels of project finance, construction debt, private and institutional equity.

ExamplesofPrincipalDutiesandResponsibilities:

• Research potential acquisition/development sites using online listing platforms and physically walking markets of interest.
• Performfinancialfeasibilityanalysisbycreatingoperating,development,andfinancing budgets/projections/proformas.
• Preparing project business plans, including deal memorandums, financial forecasts, and strategic plans for investor relation reports.
• Researchandanalyzebenchmarkeconomicactivityintargetmarketsbytrackingrents,sales,operating costs, competitive supply, and economic expansion activity.
• Assistinpreparing/reviewingJointVentureAgreements,LettersofIntent,andPurchaseandSales Agreements.
• Effectively comprehending Joint Venture Agreements, Partnership Agreements, Loan Documents, and other documents that will affect the project proforma.
• Effectivelycommunicatetoseniorleadership/keystakeholderstherelevantprojectfinancial information and its implications to the project for the purposes of executive decision making.
• Work with local/national equity and senior debt lending firms to communicate to senior leadership the current cost of capital.
• Assistinmeetingcoordination/scheduling,documentingmeetingminutes,andfileorganization.

EducationandExperienceRequirements:

• Bachelor’sdegreeinoneofthefollowing:RealEstate Economics,Finance,Accounting.
• 2–4yearsofexperienceinaCommercialRealEstaterelatedfieldpreferred.
• IntermediateKnowledgeofMicrosoftExcel.(PivotTables,IndexFunctions,ReturnMetric Formulas).
• ProficientinotherMicrosoftSuiteapplications(PowerPoint&Word).
• Strongprojectmanagementskills,results-driven,andabilitytomanagemultipledeadlines.
• Musthaveexcellentorganizational,interpersonal,quantitative,writingandcommunicationskills.

PhysicalRequirements:

This is primarily a sedentary office position which requires the Development Associate to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.