Development Analyst (48622)
About The Position
OHT Multifamily Development is a leading builder and developer of luxury multifamily communities in the major Texas markets of Austin, Dallas-Fort Worth, Houston, and San Antonio. Since 2010, OHT Partners has principally developed 57 projects totaling 18,600 units and completed an additional 128 projects totaling 38,000 units as a general contractor for third-party clients. Position Overview We are seeking to hire a multifamily development analyst in our Houston, Texas office. This analyst will have the opportunity to work on all stages of the multifamily development lifecycle: market research, site selection, financial analysis, site feasibility, design, permitting, capitalization, construction administration, operations, and disposition. The Houston office has a significant development pipeline and operating portfolio, providing the opportunity to experience all facets of development quickly.
Requirements
- Degree in Finance, Accounting, and/or Engineering preferred
- 2 plus years of experience in Finance, Real Estate, or related field
- Real estate capital markets, lending, acquisitions, and/or development experience preferred
- Excellent financial modeling skills, including thorough knowledge of Excel
- Proficiency in PowerPoint and Word
- Excellent quantitative, analytical, critical thinking, and problem-solving abilities
- Strong written and oral communication skills
- Excellent attention to detail and organizational skills
- Genuine interest in the industry, a strong work ethic, and being a self-starter are required
Nice To Haves
- Experience with Yardi, OneSite, and Axiometrics/Market Analytics a plus
Responsibilities
- Performing market research
- Maintaining and developing databases for transactions and development opportunities
- Researching site-specific information and development constraints
- Underwriting in Excel multifamily development opportunities
- Coordinating site development feasibility and overseeing various consultants
- Coordinating with architects, engineers, interior designers, and other consultants
- Assisting with design direction and reviewing plans
- Overseeing permit processes with various governmental authorities
- Coordinating with OHT Construction to price various design elements and produce budgets
- Reviewing construction budgets, subcontractor bids, and value engineering proposals
- Writing, preparing, and assembling debt and equity offering memorandums
- Coordinating due diligence and closing with lenders and investors
- Performing site visits on construction sites and tracking completion of resulting action items
- Reviewing monthly construction draws and managing the overall budget and schedule
- Coordinating design changes with consultants and the construction team
- Reviewing and approving submittals from subcontractors for various key finishes
- Selecting and ordering furniture, fixtures, and equipment for the projects
- Coordinating turnover from construction to property management
- Assisting property management with rent setting, expense management, and budgeting
- Visiting completed assets to ensure proper presentation and operations
- Oversee property tax protests and insurance renewals
- Coordinating dispositions with the brokerage community and buyers
- Assist in answering investor requests for information
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
