Associate, Real Estate Development/Investment

Provident•Dallas, TX

4d•Onsite

About The Position

The Associate, Real Estate Development/Investment position is a high-visibility opportunity for an analyst, associate, or underwriter looking for the next step toward becoming a development partner. This in-office role, based in North Dallas, will support analyses for investment and development decisions across various commercial property types, including office, retail, mixed-use, self-storage, and RV park assets. The role involves ground-up development and acquisition of existing properties, with exposure to asset management, leasing, and dispositions. The ideal candidate is a self-starter, detail-oriented, results-driven, possesses a strong ethical core and collaborative spirit, and has strong financial modeling and underwriting skills.

Requirements

Bachelor's degree in Finance, Real Estate, Economics, or a related field.
2-5 years of relevant experience in real estate finance, investments, or development, ideally with exposure to office and/or retail asset classes; additional experience across mixed-use, self-storage, and RV park assets is a plus, as the team works across a wide range of product types.
Prior experience as a Financial Analyst or Underwriter within a real estate investment or development firm.
Proficiency with loan, lease and investment analysis - debt sizing/structuring, lease abstraction, rent roll/tenant credit analysis, waterfall and return analysis
Previous experience with asset management/ongoing operations oversight/transaction management & deal execution/ performance tracking/budgeting against underwriting.
Experience managing high volume of concurrent deals.
Strong proficiency in Microsoft Excel, including modeling and analytical functions; Argus experience a plus.
Experience applying AI tools (e.g., Claude, ChatGPT, Copilot) to research, analysis, modeling, and other practical business applications, driving greater productivity, efficiency, and automation in day-to-day work.
Strong quantitative, analytical, organizational, and communication skills.

Nice To Haves

Development experience a plus, including familiarity with the draw process, GC coordination, entitlement/zoning, and development pro formas.
Additional experience across mixed-use, self-storage, and RV park assets is a plus, as the team works across a wide range of product types.

Responsibilities

Support a wide range of analyses, including acquisitions, dispositions, refinancing analyses, valuations, sell/hold analyses, leasing NPV/NER, sensitivities, promote waterfalls, and other ad hoc analyses.
Build and maintain financial models for prospective and active real estate investments and development opportunities across a variety of commercial (office, retail, mixed-use, self-storage, and RV park) assets.
Perform debt sizing and structuring analysis, lease abstraction, and rent roll/tenant credit analysis; evaluate deal structures, capital stacks, and return metrics (IRR, equity multiples, etc.).
Analyze operating budgets, capital plans, and reforecasts, and track performance against underwriting assumptions.
Assist in preparing financing packages for lenders, investors, and joint venture partners.
Conduct market research and gather data through broker outreach and industry resources to inform rent, expense, and absorption assumptions.
Create investment memos to present opportunities internally and to investment partners.
Participate in financial and physical due diligence for investment opportunities.
Assist in the review and coordination of legal documents, including leases and sales contracts.
Support the development process, including the draw process, GC coordination, entitlement and zoning matters, and development pro formas.
Support asset management and ongoing operations oversight for properties across the portfolio.
Coordinate with sponsors related to monthly payments and financial reporting requirements in accordance with the investment documents.