Elmington ยท 1 day ago
Development Analyst
Nashville, TN
Full-time
Onsite
New Grad, Entry LevelElmington is a private commercial real estate investment and development firm headquartered in Nashville, Tennessee. The Development Analyst will be an integral part of a team focused on affordable housing and multifamily investment and development, responsible for funding applications, underwriting, and site selection.
Commercial Real EstateReal EstateReal Estate Investment
Responsibilities
Funding Applications
Consistently identities and tracks active government RFPs nationwide; prepares and submits detailed applications
Drafts Bond, LIHTC, soft money, and other project funding applications
Underwriting
Demonstrates basic understanding of operating proforma through NOI
Demonstrates basic understanding of Sources & Uses
Demonstrates basic understanding of the 4%/9% tax credit and debt sizing calculations
Demonstrates basic understanding of discounted cash flow and IRR analysis
Drafts quality initial internal underwritings focusing on basic proforma inputs
Researches and performs Competitive market analysis
Performs Ad Hoc research and analysis
Sourcing & Site Selection
Proactively and consistently identifies potential new land sites
Scores potential sites based on market qualifications
Ability to learn and use ArcGIS software
Financial & Closing
Maintains internal checklists
Tracks external Due Diligence Checklists and responds with information as directed by supervisor
Marketing & Presentation
Creates maps, exhibits, and presentations
Predevelopment & Design
Helps maintain internal project management checklists
Consistently takes and distributes meeting minutes
Internal Reporting & Application
Demonstrates proficiency with Microsoft Office Suite: Excel, Word, PowerPoint, Outlook, Teams, etc
Demonstrates proficiency with CoStar, LoopNet, ArcGIS, Google Maps, and other commonly used programs
Perform all other duties as assigned
Qualification
Required
Have a great attitude
Have high expectations
Think BEYOND the box
Work with passion
Have a tireless work ethic
Be confident
Be self-sufficient and self-motivated
Take pride in your work
Be a good listener
Offer a solution with every problem
Be responsive and transparent
Interest in real estate investing and development
Organizational skills
Communication proficiency
Funding Applications
Consistently identities and tracks active government RFPs nationwide; prepares and submits detailed applications
Drafts Bond, LIHTC, soft money, and other project funding applications
Underwriting
Demonstrates basic understanding of operating proforma through NOI
Demonstrates basic understanding of Sources & Uses
Demonstrates basic understanding of the 4%/9% tax credit and debt sizing calculations
Demonstrates basic understanding of discounted cash flow and IRR analysis
Drafts quality initial internal underwritings focusing on basic proforma inputs
Researches and performs Competitive market analysis
Performs Ad Hoc research and analysis
Sourcing & Site Selection
Proactively and consistently identifies potential new land sites
Scores potential sites based on market qualifications
Ability to learn and use ArcGIS software
Financial & Closing
Maintains internal checklists
Tracks external Due Diligence Checklists and responds with information as directed by supervisor
Marketing & Presentation
Creates maps, exhibits, and presentations
Predevelopment & Design
Helps maintain internal project management checklists
Consistently takes and distributes meeting minutes
Internal Reporting & Application
Demonstrates proficiency with Microsoft Office Suite: Excel, Word, PowerPoint, Outlook, Teams, etc
Demonstrates proficiency with CoStar, LoopNet, ArcGIS, Google Maps, and other commonly used programs
Perform all other duties as assigned
Bachelor's degree
Occasional same-day and overnight travel required
Preferred
Experience in real estate investing and development preferred but not required
Company
Elmington
Elmington is a commercial real estate investment, development, construction, affordable housing, and property management firm.
Founded in 2009
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Cary Rosenblum
CEO
Maggie Boggs
Chief Operating Officer
Company data provided by crunchbase