Development Analyst

This position will support the Development team in underwriting, analyzing and modeling various types of real estate transactions and dispositions. The Analyst will assist in due diligence of transactions under consideration, validate underwriting assumptions and prepare presentations regarding potential transactions for review by the investment committee and external partners. The Analyst must possess a deep understanding of real estate dynamics and valuation methodologies within different asset classes and will support capital raising efforts and project management. This position reports directly to the Managing Director of Development. Responsibilities include but, are not limited to :

RESPONSIBILITIES :

• Perform financial analysis and underwriting of potential acquisitions and capitalizations. Analysis will include advance operating pro-formas, development budgets and monthly levered cash flow projections.
• Preparation of financial model to include deal level and investor XIRRs and waterfalls.
• Prepare investor and lender packages that include clean underwriting models and Offering Memorandums.
• Ability to identify, source, qualify and use data sources necessary for underwriting.
• Understanding of the macro and micro drivers of real estate value across sectors and their use in effectively underwriting transactions.
• Ability to attend external meetings with various lenders, investors, architects and brokers.
• Prepare bank requisitions and capital calls.
• Coordinate with project accounting teams as needed.
• Ad hoc projects as assigned.

QUALIFICATIONS :