Real Estate Investment Analyst

Nord Development Group, Inc.•Town of Oyster Bay, NY

1d•$85,000 - $120,000•Onsite

About The Position

Nord Development Group is seeking a highly motivated and skilled Real Estate Investment Analyst. This role will be responsible for analyzing and underwriting potential large-scale real estate developments in the Northeastern and Southeastern United States. The ideal candidate will have strong analytical capabilities, advanced financial modeling skills, and the ability to communicate complex financial concepts to diverse stakeholders while supporting multiple $100+ million development projects simultaneously.

Requirements

Bachelor's degree in Finance, Real Estate, Economics, Business Administration, or related field
2+ years of experience in real estate analysis, with a focus on multifamily investments and/or capital markets
Experience working with institutional capital sources and complex financing structures
Advanced proficiency in Microsoft Excel including complex financial modeling and data analysis
Proficiency in Microsoft PowerPoint for presentation development
Familiarity with real estate databases such as CoStar or Axiometrics
Knowledge of accounting software and financial reporting systems
Experience with document management systems
Strong analytical, research, and problem-solving skills with exceptional attention to detail
Ability to work independently and manage multiple tasks in a fast-paced, deadline-driven environment
Excellent written and verbal communication skills with ability to present to senior executives
Understanding of real estate financial concepts including debt and equity financing, underwriting, development, and leasing
Knowledge of real estate law, tax implications, and regulatory requirements
Strong quantitative skills and ability to interpret complex financial data
Comprehensive understanding of multifamily development process from acquisition through stabilization
Knowledge of construction financing including draw procedures and project monitoring
Understanding of capital markets and institutional investment criteria
Knowledge of zoning, entitlement processes, and municipal approval procedures

Nice To Haves

Master's degree in Real Estate, Finance, MBA, or related advanced degree
Previous experience at real estate investment firm, REIT, or institutional investor
Previous experience with large-scale development projects ($50+ million)
Experience with joint venture structuring

Responsibilities

Develop and maintain sophisticated proforma models for various types of real estate deals including ground-up development, value-add acquisitions, and stabilized asset purchases
Model complex financing and equity structures for development rental and condo projects, incorporating multiple debt layers, tax credit financing, and joint venture partnerships
Create dynamic sensitivity analyses and scenario modeling to evaluate project risks and returns under various market conditions
Build and maintain master financial models that can be adapted across different asset types and geographic markets
Ensure model accuracy through detailed review processes and version control protocols
Prepare comprehensive investment memos and presentations for internal and external stakeholders
Create polished investment committee (IC) presentations that clearly communicate investment thesis, financial projections, and risk factors
Develop investor return summaries and marketing materials for capital raising activities
Present findings and recommendations to senior leadership and investment committees
Coordinate with legal and accounting teams to ensure accurate representation of deal structures
Lead conversations regarding the financial standpoint of active and prospective projects with development teams, lenders, and equity partners
Serve as primary financial point of contact for assigned development projects from acquisition through stabilization
Monitor project performance against budgets and proformas, identifying variances and recommending corrective actions
Coordinate quarterly investor reporting and maintain ongoing communication with capital partners
Support asset management team with annual budgeting and business plan updates
Assist in the compilation of due diligence materials for multiple $100+ million projects to ensure accuracy and completeness of financial data
Review and analyze third-party reports including appraisals, market studies, environmental assessments, and engineering reports
Coordinate with external consultants and advisors throughout the due diligence process
Maintain organized due diligence data rooms and document tracking systems
Support legal team with review of purchase agreements, joint venture documents, and financing terms
Prepare monthly draw requests and coordinate with construction teams to ensure accurate cost tracking
Generate company financial statements utilizing in-house accounting software and coordinate with external accounting firm
Assist with quarterly and annual financial reporting to investors and lenders
Support budget-to-actual analysis and cash flow forecasting activities
Maintain detailed project accounting records and support annual audit processes
Perform detailed market and unit mix studies using advanced data sources including CoStar, Axiometrics, and census data
Utilize analytical tools to estimate market rents and develop optimized unit mix recommendations
Monitor market trends and perform comprehensive risk analysis to identify and assess potential investment opportunities
Track competitor activities, new supply pipelines, and absorption trends in target markets
Prepare regular market updates and trend reports for senior leadership
Work closely with development manager and acquisitions teams to ensure successful execution of business strategy
Coordinate with construction teams on budget development, change order analysis, and project financing
Collaborate with legal team on transaction structuring and documentation review
Interface with external partners including lenders, equity investors, brokers, and consultants