Analyst, Development contributes to all aspects of the company's Affordable Housing Development platform that focuses on housing located throughout the US - inclusive of both acquisition and new construction.
Responsibilities:- Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
- Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
- Collect vendor information necessary for setting up AP systems
- Coordinate meetings for assigned deals both internally and externally for assigned deals
- Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
- Compile and submit meeting minutes for all attended calls as directed by deal leads
- Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
- Compile monthly construction draws for review and approval by senior development staff
- Travel to subject properties at the direction of senior staff
- Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US.
- Compilation of due diligence information including financial, market, site, and regulatory data
- Coordinate and assist community meetings and governmental approval processes
- Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
- Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
- Coordinate with appropriate personnel including team analysts, clerical support, and others
- Prepare client communications for senior level review
- Work directly with Senior Associate/Associate on project
Requirements:- Bachelor's Degree in related field, Masters in Real Estate Development or similar degree preferred
- Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning.
- Ability to demonstrate interest in real estate development
- Strong desire to learn new skills
- Exceptional research and writing abilities.
- Strong project management skills
- Must be a detail-oriented person with outstanding analytical skills.
- Strong analytical skills and ability to multi-task in a constantly changing environment
- Highly driven and values entrepreneurialism; works well with limited direction.
- Strong computer skills, Intermediate to advance Excel Skills strongly preferred.
- Desire to contribute to the creation and preservation of affordable housing
Exact compensation may vary based on skills, experience, and location.
Salary Range
$85,000-$85,000 USD
