Real Estate Development Associate

Job Functions

• Prepare detailed financial analyses and models to support investment decisions related to development, acquisition, and disposition across all commercial real estate asset classes, including office, multifamily, hotel, retail, and industrial.
• Develop complex financial models, pro formas, due diligence materials, market analysis, and financing structures for both existing portfolio assets and new development opportunities.
• Perform underwriting and investment analysis, providing recommendations to manage risk within established guidelines.
• Create waterfall analyses and other advanced financial modeling structures.
• Support multiple stages of transactions, including underwriting, market research, preparation of investment memorandums, term sheet negotiation, closing, and partner/client interactions.
• Review and interpret real estate documents such as leases, loan documents, appraisals, and agreements to identify potential risks and issues.
• Collaborate with in-house development, leasing, and property management teams on transaction execution and asset performance.

Competencies

• Attentive to detail
• High Degree of Confidentiality and Discretion of Highly Sensitive Information
• Integrity / Ethics
• Strong Organizational / Presentation skills
• Excellent Written / Verbal Communication skills
• Problem Solving / Analysis
• Decision Making / Resourceful
• Dependability / Taking Initiative

Education & Experience

• 5+ years of experience in commercial real estate finance, acquisitions, development, asset management, investor relations, and/or investment banking preferred.
• Experience modeling term sheets, loan agreements, PSAs, and lease agreements preferred.
• Bachelor’s degree in Real Estate, Finance, Economics, Accounting, or Business preferred.