Real Estate Analyst

Communities First•Detroit, MI

27d

About The Position

Communities First, Inc. is a Michigan-based nonprofit 501c3 whose mission is to build healthy, vibrant communities through economic development, affordable housing and innovative programming. CFI is focused on providing safe, quality affordable housing, increasing economic opportunities, and improving the quality of life of the populations that the organization serves. Job Summary: Assist the Real Estate Development and Management Team with various administrative tasks, organized in the following areas: Department Administration Real Estate Development Property and Asset Management Essential Functions: Provide financial analysis and underwriting of various real estate projects Effectively research real estate entitlement information, rental and sale comparables, market data, property ownership, planning documents, and funding applications and requirements Assist in the assembly of funding applications Evaluate property financial income and expense and discounted cash flows using excel and other tools Assist with project construction management and portfolio management Maintain and update reports for database Assist with administrative tasks (scanning, filing, document search and delivery) Learn and facilitate the ongoing development of a filing system and coordinate storing and arranging of records to meet administrative, legal, and financial requirements Schedule meetings, create agendas and prepare and disseminate minutes/notes from meetings Assist with calendar reminders to meet internal and external deadlines Assist with project acquisition activities and feasibility assessments Assist in the creation of specialized documents for presentations to community groups, potential funders, partner organizations, and other stakeholders

Requirements

Ability to understand financial return metrics (IRR, ROE) and valuation techniques
Strong proficiency in Microsoft Office suite (Excel, PowerPoint, Outlook, Word) and Adobe Acrobat.
Knowledge of accounting and finance.
Effective interpersonal skills which enables working with others to elicit information, to think creatively, and to work independently.
Strong work ethic and initiative; desire to work in an entrepreneurial, team-based environment
Effective oral, written, and presentation skills
Stellar customer service and public relations skills
High-energy
Self-starter
Interpersonal skills
Ability to speak and write clearly and concisely
Organizational skills
Ability to type, file, enter data, and perform bookkeeping
Teamwork
Ability to analyze, research, and interpret data
Confidentiality
Ability to work with a diverse group of people
Flexibility
Ability to read and comprehend complex instructions, correspondence, and memos.
Ability to write complex correspondence.
Ability to effectively present information in one-on-one and small group situations to leadership, Board of Directors, community members, visitors, and other employees of the organization.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions.
Ability to deal with problems involving a few concrete variables in standardized situations.
To perform this job successfully, an individual should have high-level knowledge of Microsoft Office Suite products, excel, emails, group messaging, data collection, and other database and spreadsheet programs.

Nice To Haves

Undergraduate or Graduate degree preferred.

Responsibilities

Provide financial analysis and underwriting of various real estate projects
Effectively research real estate entitlement information, rental and sale comparables, market data, property ownership, planning documents, and funding applications and requirements
Assist in the assembly of funding applications
Evaluate property financial income and expense and discounted cash flows using excel and other tools
Assist with project construction management and portfolio management
Maintain and update reports for database
Assist with administrative tasks (scanning, filing, document search and delivery)
Learn and facilitate the ongoing development of a filing system and coordinate storing and arranging of records to meet administrative, legal, and financial requirements
Schedule meetings, create agendas and prepare and disseminate minutes/notes from meetings
Assist with calendar reminders to meet internal and external deadlines
Assist with project acquisition activities and feasibility assessments
Assist in the creation of specialized documents for presentations to community groups, potential funders, partner organizations, and other stakeholders