Confidential Careers ยท 1 week ago
Associate/Analyst, Real Estate Development
Confidential company is seeking a highly motivated analyst/associate candidate to join an experienced real estate development team focused on multi-family projects in Eastern Pennsylvania. The Development Analyst/Associate will have the opportunity to learn various aspects of real estate acquisitions and development, including financial analysis, project acquisition, and construction management.
Human ResourcesRecruiting
Responsibilities
Prepare detailed financial analyses and models for transaction underwriting and return on investment analysis
Provide key takeaways and recommendations to leadership and partners
Prepare business plans, including annual operating plans, financial forecasts, strategic plans, and product introduction financial plans
Provide timely explanations of variances between actual results and forecasts/budgets
Analyze and conduct due diligence on new transactions and opportunities
Underwrite new development deals
Assist the project manager in a broad range of development activities including site acquisition, financing, governmental approvals, design and construction monitoring, project branding, sales and marketing strategy and implementation
Conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility
Manage detailed municipal filings for various real estate development related programs
Author internal and external correspondence for transaction and property descriptions, offering memoranda and other documents
Review plans and specifications for correlation with design intent
Schedule multiple vendors, subcontractors, and other service providers at multiple project sites
Collaborate on estimating and conducting take-offs for prospective projects
Request, review and coordinate submittals, purchase orders, samples and shop drawings
Create and maintain project logs
Manage and support change order management process by obtaining pricing and developing estimates
Work with team to assist in procurement, supply chain and material management
Organize and document project meetings and participate in site meetings
Review and analyze architectural plans and shop drawings
Work in construction and ongoing building/project operations
Follow site safety policies
Handle resident onboarding and move-in processes
Interface via email and phone with tenants and potential tenants
Respond to resident inquiries and requests in a timely manner
Manage resident accounting, including rent collection and payment processing
Use property management and construction management software systems
Track invoices and payments
Work with third parties and banks to maintain required financial statements and records
Manage accounts payable, accounts receivable, budgets, invoicing, and billing
Process payment transactions and maintain accurate financial records
Support teammates and collaborate effectively across all departments
Adapt to changing priorities and take on additional responsibilities as needed to support team objectives
Qualification
Required
Strong proficiency with office software including email tools, spreadsheets, and databases
Excellent organizational skills with ability to accurately handle administrative duties
Strong written and verbal communication skills for internal and external correspondence
Analytical mindset with attention to detail in reviewing plans, specifications, and financial data
Ability to manage multiple projects and priorities simultaneously across various sites
Collaborative team player committed to supporting teammates and project success
Commitment to thoughtful, detailed review of work to ensure workmanship, safety, design cohesion, and longevity
Understanding of and commitment to site safety policies
Preferred
Proficiency with QuickBooks and/or other accounting software
Experience with property management software such as Buildium or AppFolio, or willingness to learn these systems
Ability to obtain OSHA-30 certification
Background in real estate, construction, finance, or related field (helpful but not required)
Benefits
Flexible schedule
Paid time off