Commercial Real Estate Development Specialist

7 days ago


Houston, Texas, United States The Itex Group Full time
Job Overview

The Itex Group is seeking a highly skilled Financial Analyst to join our team in supporting the Head of Development/Acquisitions. This role will play a critical part in overseeing new acquisitions, project funding, and the execution of complex real estate developments.

Key Responsibilities
  • Underwriting and Analysis: Underwrite real estate projects, primarily hotel developments and planned residential communities, to determine their financial feasibility and structure equity and debt terms.
  • Market Research and Data Analysis: Analyze market data, occupancy data, expense analysis, lease and sales comparable data to compile and present the best data to support underwriting assumptions.
  • Financial Modeling and Analysis: Perform complicated financial modeling and spreadsheet analysis in Excel to determine project financial feasibility and structure equity and debt terms.
  • Sensitivity Analysis: Complete sensitivity analyses to understand the impact of various changes in profitability and debt/equity terms.
  • Package Preparation: Prepare and submit internal and external commercial real estate investment and financing packages.
  • Project Coordination: Organize documents, coordinate and track deadlines, and assist in preparing documentation for the closing process.
Requirements
  • Experience: 3 years of experience in commercial real estate development or acquisitions.
  • Knowledge and Skills: Solid understanding of commercial real estate development, capital structures, real estate valuation, and cash flow analysis.
  • Analysis and Presentation: Ability to organize and present data analysis, draw objective conclusions, and make recommendations.
  • Organizational and Interpersonal Skills: Excellent organizational, interpersonal, quantitative, and problem-solving skills.
  • Self-Motivation and Time Management: Self-motivated with a focus on execution and strong time management skills to prioritize deadlines.


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