Real Estate Development Analyst

Job Description

Real Estate Development Analyst

This individual will be part of a team that is responsible for planning, underwriting and overseeing our real estate redevelopment projects.  They will handle a portfolio of projects and provide direct support to the redevelopment leader to manage the project from beginning to end.  

Responsibilities include:

• Prepare financial models and write project approval memos
• Review and report on actual project status compared to plan, including construction timing/expenditures and lease up pace/rates.  Make recommendations to improve project execution
• Monitor project budgets, review project expenses and reports to determine whether allocated funds are spent as specified
• Coordinate and prepare regular communications to the larger team
• Perform market research analysis
• Coordinate comparable property studies
• Manage project files for the team including designs, vendor contracts, etc.
• Manage the Requests for Quotations and Requests for Proposal from designers and vendors
• Research vendor qualifications and make recommendations
• Set up pre-construction design contracts with our Contract Administrators
• Other ad hoc research and support as assigned
• Development of new processes and improvements to current processes
• Assist with "hands on, in the field"execution of the project including:
  • Product research and feasibility
  • Coordinate signage installation
  • Track warranties and manage warranty claims/issues
  • Coordinate furniture and equipment execution/installation
  • Advise the construction team and answer questions
  • Manage vendors to our operating standards      

Skills and Specifications

• Experience in financial modeling and business case development
• Strong organizational skills
• Solid general management and leadership
• Solid communication skills both written and verbal
• Problem solving ability
• Ability to recommend practical ways using innovation, good judgment, creativity and strategic thinking.

Preferred Education and Qualifications

• Bachelor’s degree
• 5 years of real - estate experience
• Successful financial modeling experience
• Project management experience a plus
• Ability to travel on a regular basis required