Analyst, Development jobs in United States
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Fairstead · 1 month ago

Analyst, Development

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. The Analyst, Development will contribute to all aspects of the company’s Affordable Housing Development platform, focusing on housing located throughout the US, including acquisition and new construction.

ConstructionReal Estate

Responsibilities

Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
Collect vendor information necessary for setting up AP systems
Coordinate meetings for assigned deals both internally and externally for assigned deals
Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
Compile and submit meeting minutes for all attended calls as directed by deal leads
Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
Compile monthly construction draws for review and approval by senior development staff
Travel to subject properties at the direction of senior staff
Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US
Compilation of due diligence information including financial, market, site, and regulatory data
Coordinate and assist community meetings and governmental approval processes
Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
Coordinate with appropriate personnel including team analysts, clerical support, and others
Prepare client communications for senior level review
Work directly with Senior Associate/Associate on project

Qualification

Real Estate DevelopmentFinancial AnalysisProject ManagementExcel SkillsAnalytical SkillsResearch SkillsEntrepreneurial SpiritWriting SkillsDetail-oriented

Required

Bachelor's Degree in related field
Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning
Ability to demonstrate interest in real estate development
Strong desire to learn new skills
Exceptional research and writing abilities
Strong project management skills
Must be a detail-oriented person with outstanding analytical skills
Strong analytical skills and ability to multi-task in a constantly changing environment
Highly driven and values entrepreneurialism; works well with limited direction
Desire to contribute to the creation and preservation of affordable housing

Preferred

Masters in Real Estate Development or similar degree preferred
Strong computer skills, Intermediate to advance Excel Skills strongly preferred

Company

Fairstead

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Fairstead is a vertically integrated, purpose-driven real estate developer, specializing in creating sustainable, high quality housing.

Funding

Current Stage
Late Stage

Leadership Team

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Jeff Goldberg
Chief Executive Officer
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Avi Blum
Chief Accounting Officer
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Company data provided by crunchbase