Analyst - Real Estate Development (Hospitality)

Provident•Dallas, TX

42d•Onsite

About The Position

Are you passionate about shaping the future of real estate? Provident is on the lookout for a dynamic and motivated Real Estate Development Analyst to join our Hospitality Group's team in Dallas. As an Analyst, you will work alongside a talented group of real estate development professionals who will provide learning experiences to enable you to continue to develop and grow a broad understanding of the commercial real estate development experience. This individual will play a vital role in Provident’s development and acquisition projects throughout the Southeast. The ideal candidate be a captain of industry, with a strong desire to help drive projects across the finish line and be a large contributor to the company’s overall success..

Requirements

Bachelor's Degree in Finance, Accounting, Real Estate, or related field.
2 years of full-time, or 1 year full-time with additional summer internships, of related experience working within the real estate principal side, or similar. brokerage/finance/underwriting role. Emphasis will be given to those with prior experience participating in the acquisition and/or development responsibilities of hotels.
High aptitude for underwriting and financial analysis, especially modeling, and capable of handling complex valuation and troubleshooting techniques.
Excellent written, verbal, and presentation skills.
Someone with natural curiosity, humility, and tenacity necessary to get the job done.
Ability to initiate and maintain professional and cooperative working relationships with team members, government agencies, consultants, lenders, investors, and other parties involved in the projects.
Strong analytical and problem-solving skills; ability to identify and present solutions to issues before they become a problem.
Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
Organized, extremely detail-oriented, and thorough.
Resourceful, out-of-the-box thinker who is eager to contribute to project success.
Successfully manage a variety of tasks within a defined timeframe, with an ability to adapt to changes in priorities and strategy.
Demonstrate strong initiative and ability to work independently with minimal oversight.
High level of proficiency in Microsoft Excel competency.

Responsibilities

Perform financial analysis of acquisitions and development opportunities via financial modeling, analysis of cash flows, and application of various valuation methods using Excel.
Managing the assemblage of debt and equity material for offering memorandums between team-members.
Assist with the due diligence process associated with acquisitions by performing document control, reading related legal documents and producing abstracts, tracking critical timelines, creating project GANNT charts, tracking down inputs and verifying projections with third parties, and other duties as assigned.
Participate in the asset management of existing properties including participating in weekly operating calls, market research, contract management, renewals, and administration of operator and brand requirements.
Assist in the production of quarterly investor reports for various assets/portfolios.
Prepare presentation materials and proposals for presentation to senior management.
Familiarity with current real estate and industry trends. Analyze and interpret various data and trends to draw hypothesis on the trajectory of markets, lenders, investors, brands, employers, etc. to “be ahead of the curve”.
Participate in the management of acquisition and development projects, including feasibility analysis, entitlement processes, financing, design, contracting, and construction management.
Reviewing draws and managing a contract to the actual cost schedule to ensure vendors remain within budget.
Participate in Owner, Architect, Contractor meetings, producing minutes for the team.
Reviewing LOIs, term sheets, and all legal documentation related to investments.
Other duties, as assigned.