Senior Analyst, Development

Greystar•Seattle, WA

9d•$106,000 - $126,000

About The Position

This position is responsible for supporting the execution of the Company’s development platform by performing financial analyses of development opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, interfacing with brokers, equity partners, institutional clients, and the Company’s development leadership, and tracking and reporting on the status of multifamily transactions within the assigned geographic markets.

Requirements

2+ years of experience in real estate finance.
A bachelor’s degree is required in finance, business, real estate, economics, construction, architecture or related field.
Attention to detail and strong creative problem-solving skills.
Proficiency in Excel and strong financial modeling skills, with working knowledge of cash flow forecasting.
Excellent interpersonal and relationship-management skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom Greystar does business.
Critical thinker and self-starter capable of accomplishing a task with limited guidance and supervision.

Responsibilities

Conducts financial analysis of development opportunities, including the creation of detailed pro forma and financial models.
Gathers, compiles, investigates and analyzes market data to identify potential development opportunities, and prepares narrative development memoranda, detailed reports, and market summaries that provide insights on proposed acquisitions.
Establishing and maintaining productive relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately managing ongoing communications related to proposed development transactions.
Identifies, investigates, and refers potential acquisitions and other real estate transactions to appropriate Greystar leadership, and assists in preparing financial, market, and other documents required for new business pitches and RFPs.
Organizes, leads, and/or participates in the due diligence on properties under contract, and develops documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
Monitors and reports on the status and progress of proposed development transactions within the assigned geographic region, establish critical timelines and deadlines for tasks and activities related to the proposed transaction, and identifies and effectively addresses issues or problems that could otherwise adversely affect closing.
Builds and maintains databases to track competitive development pipelines, existing assets, and comparable lease and sale transactions in the region.
May act as a lead, subject matter expert, or first point of contact for escalated issues, and work on special, high-level/impact projects as needed.

Benefits

Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service!
Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.