The Analyst will support the Development Team and assist in the day-to-day execution of the firm's development pipeline, which includes tasks ranging from acquisition, financial underwriting, entitlement, design, permitting, construction, and lease-up.
Primary Responsibilities will include:
- Create, track and present market studies to establish an intimate knowledge base of target markets/submarkets.
- Research economic and demographic trends and maintain database of information.
- Prepare and assemble presentations, investment memos, construction/design update memos, and other corresponding reports/presentations utilizing PowerPoint, Excel and MS Word.
- Assist in creating financial models and other analyses to support the execution of development projects and agreements with third parties, including performing partner and industry research.
- Lead special projects and assignments as they arise internally and throughout the development process. Support the team with entitlement process including zoning approvals, design and permitting.
- Collaborate with internal and external resources to compile a database of key information regarding existing and ongoing projects.
- Additional duties as needed.
Skills & Requirements:
- Bachelor's degree preferred. 2-4 years of previous experience in real estate development, brokerage, banking, finance or accounting preferred, including a general familiarity of the development process in the New York Metro Area.
- Demonstrated history of financial underwriting, modeling and reporting experience preferred. Strong quantitative background and understanding of real estate deal capitalization.
- Well-rounded: ability to wear multiple "hats" in a fast-paced environment that requires an interdisciplinary mindset and aptitude to learn quickly.
- A large part of the Development Analyst's communication is with professionals outside of the Company: strong professional written and verbal communication skills required.
- Ability to handle large volume of work; excellent organizational skills and ability to prioritize work to meet deadlines.
- Candidate should be enthusiastic and motivated to succeed in a team environment.
- Advanced knowledge of Microsoft Office Suite, including Excel, Word and PowerPoint.
To learn more about us, please visit our website at www.LCOR.com. We offer a competitive salary ($100k Yearly), a generous benefits package and a friendly work environment!.
