Multifamily Development Analyst

3 weeks ago


San Antonio, Texas, United States Affinius Capital Full time
About the Job

The Multifamily Development Analyst will provide crucial support to the Multifamily development team, focusing on preliminary transaction underwriting, investment brief preparation, market feasibility analysis, and coordination of the due diligence process. This role also involves tenant/client interaction, site acquisition, oversight of development partners, contractors, and other third-party vendors, as well as all aspects of the development process as deemed necessary. The ideal candidate will have a solid understanding of financial analysis concepts and the ability to travel if needed.


Key Responsibilities

  • Prepare detailed financial analyses of proposed developments, including development budgets and 10-year cash flow pro-formas. Integrate market assumptions into discounted cash flow models for alternative investments or scenario comparisons.
  • Support Housing Portfolio Management as required, assisting in quarterly deliverables and updates for various housing investment programs, and supporting fund analytics assigned by Senior Managing Director.
  • Coordinate internal approvals, including the preparation of investment briefs and cash flows, as necessary for approvals. Collaborate with senior management, third-party consultants, and financing sources to structure real estate deals and terms that meet Affinius Capital's risk and return criteria.
  • Cultivate new brokerage, tenant, and developer relationships, and assist with the expansion and maintenance of existing relationships.
  • Coordinate with the legal department, field personnel, and other due diligence vendors.
  • Assist with the marketing efforts of Affinius Capital's Multifamily development projects.
  • Perform feasibility studies for various projects and continually monitor market conditions to identify opportunities in the marketplace.
  • Maintain project status reporting database.
  • Provide support to development teams' projects, including venture, legal, leasing, design, construction, construction management, material testing, development, and transition to Asset Management upon project completion.
  • Assist with dispositions of various assets as required.
  • Contribute to the improvement of existing processes and promote the adoption of best practices related to the above duties and responsibilities.
  • Provide secondary support to Housing Portfolio Management as required. May also support other departments with various projects related to Asset Management and Dispositions.
  • Perform other essential duties as assigned.

Requirements

  • Bachelor's Degree in Finance, Real Estate, Economics, or a related field, or a relevant Master's degree in combination with experience in another field.
  • 1-3 years of commercial real estate industry work experience.
  • Relevant experience in development and/or brokerage preferred.
  • Solid understanding of financial analysis concepts.
  • Ability to travel if necessary. Ability to regularly work extended hours.
  • Must be willing to work on-site full-time.
  • Qualifications may warrant placement in a different job title.

Key Competencies

  • High level of proficiency in Excel.
  • Accuracy and attention to detail.
  • Ability to prioritize assignments to meet numerous deadlines.
  • Excellent analytical, quantitative, and problem-solving skills.
  • Exceptional written and verbal communication skills.


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