Development Analyst

Alliance Residential Company • Houston, TX

7d

About The Position

What You Will Do: Assist in evaluating potential new development sites from for zoning, market and financial feasibility Conduct detailed market surveys and perform quantitative and qualitative analysis of competitive landscape Underwrite the value of multifamily real estate development projects by developing and applying quantitative analytical models Participate in conducting and managing the due diligence process on targeted development projects Collect and integrate project data, including construction cash flow requirements, operating income and expense projections and financing assumptions Compose written and graphical summaries and memorandums regarding potential development projects for internal and external presentation Interface and negotiate with governmental jurisdictions on entitlement and zoning issues Assist in managing monthly draw processes Track job cost against budget and report to management on projected savings or overruns Other duties as assigned or directed What You Will Need to Succeed: Bachelor's Degree in Business, Finance or related field. Prior experience in the multifamily development and construction industry highly preferred Understanding of the real estate and development industry Effective organizational, prioritization and time management skills Excellent verbal, written and presentation communication skills Ability to work independently with minimal supervision, and to push need-to-know information upstream as warranted Strong aptitude for building and manipulating financial models Ability to work a schedule during normal working hours and that may be other than, Monday-Friday, 8-5. What You Will Receive: Professional and upbeat work environment Competitive compensation and incentives Generous paid time off including vacation, sick, holiday, birthday and volunteer time Low Premiums for Medical, dental and vision coverage; including access to telemedicine Paid parental leave for eligible new parents Flexible spending account Health saving account with Company match Company-paid life insurance Short- and long-term disability coverage Alliance Residential is an equal opportunity employer. All applicants receive consideration for employment without regard to race, age, sex (including gender, pregnancy, childbirth, and related medical conditions), color, creed, medical condition, genetic information, marital status, national origin, alienage, citizenship status, religion, sexual orientation, military or veteran status, handicap, mental and physical disability, and family care or leave status, as well as all other characteristics protected by state or federal law or local law.

Requirements

• Bachelor's Degree in Business, Finance or related field.
• Understanding of the real estate and development industry
• Effective organizational, prioritization and time management skills
• Excellent verbal, written and presentation communication skills
• Ability to work independently with minimal supervision, and to push need-to-know information upstream as warranted
• Strong aptitude for building and manipulating financial models
• Ability to work a schedule during normal working hours and that may be other than, Monday-Friday, 8-5.

Nice To Haves

• Prior experience in the multifamily development and construction industry highly preferred

Responsibilities

• Assist in evaluating potential new development sites from for zoning, market and financial feasibility
• Conduct detailed market surveys and perform quantitative and qualitative analysis of competitive landscape
• Underwrite the value of multifamily real estate development projects by developing and applying quantitative analytical models
• Participate in conducting and managing the due diligence process on targeted development projects
• Collect and integrate project data, including construction cash flow requirements, operating income and expense projections and financing assumptions
• Compose written and graphical summaries and memorandums regarding potential development projects for internal and external presentation
• Interface and negotiate with governmental jurisdictions on entitlement and zoning issues
• Assist in managing monthly draw processes
• Track job cost against budget and report to management on projected savings or overruns
• Other duties as assigned or directed

Benefits

• Professional and upbeat work environment
• Competitive compensation and incentives
• Generous paid time off including vacation, sick, holiday, birthday and volunteer time
• Low Premiums for Medical, dental and vision coverage; including access to telemedicine
• Paid parental leave for eligible new parents
• Flexible spending account
• Health saving account with Company match
• Company-paid life insurance
• Short- and long-term disability coverage

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 11-50 employees