Development Associate

1 month ago


Houston, Texas, United States Michael Page Full time

About Our Client

Real estate investment and development firm with a large portfolio in the sunbelt markets. The firm has continued to grow and has an unmatched project pipeline in Houston. This is an exciting time to join this company

Job Description

Our client has continued to grow their mixed use portfolio and is looking for a talented Development Analyst/ Associate to perform detailed financial analysis and modeling for development opportunities. The Development Analyst/ Associate will perform detailed strategic planning, quarterly and annual income analysis and other traditional real estate finance activities. Other responsibilities:

Maintain and run financial models on existing assets and/or development projects using Argus, DCF Models or other similar financial tools.Collect and analyze feasibility items such as environmental site assessments, surveys, plats,
geotechnical reports, construction plans and easements
Evaluate research data and produce real time valuationConsolidate, analyze and model financial data including budget analysis and income statement forecasting.Update and complete various investor reports, including financial snapshots and qualitative summariesModeling and analyzing financial data regarding refinancing, acquisitions and/or disposition of investmentsWork with Development Managers in the underwriting, due diligence and modeling for new developments, current assets and future acquisitions

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

The ideal candidate must have the following:

3-5 years of experience in Real Estate, Finance, or Investments with exceptional Excel modeling skills Undergraduate degreeSkilled communicator- written and verbal Desire to work in a fast paced environment with minimal over site Track record of creating IRR and equity waterfall models using Microsoft Excel and Argus to analyze prospective development investment opportunities.
Exposure to mixed use development projects a plus but other similar asset types will be considered. What's on Offer

Strong base salary plus bonus potential based on performance. Targeting a base salary in the $80,000 to $100,000 range.



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