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This position is responsible for supporting the execution of the Company’s development platform by performing financial analyses of development opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, interfacing with brokers, equity partners, institutional clients, and the Company’s development leadership, and tracking and reporting on the status of multifamily transactions within the assigned geographic markets.
Job Responsibility:
Conducts financial analysis of development opportunities, including the creation of detailed pro forma and financial models
Gathers, compiles, investigates and analyzes market data to identify potential development opportunities
Establishing and maintaining productive relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders
Identifies, investigates, and refers potential acquisitions and other real estate transactions to appropriate Greystar leadership
Organizes, leads, and/or participates in the due diligence on properties under contract
Monitors and reports on the status and progress of proposed development transactions within the assigned geographic region
Builds and maintains databases to track competitive development pipelines, existing assets, and comparable lease and sale transactions in the region
May act as a lead, subject matter expert, or first point of contact for escalated issues
Requirements:
2+ years of experience in real estate finance
A bachelor’s degree is required in finance, business, real estate, economics, construction, architecture or related field
Attention to detail and strong creative problem-solving skills
Proficiency in Excel and strong financial modeling skills, with working knowledge of cash flow forecasting
Excellent interpersonal and relationship-management skills
Critical thinker and self-starter capable of accomplishing a task with limited guidance and supervision
What we offer:
Competitive Medical, Dental, Vision, and Disability & Life insurance benefits
Low (free basic) employee Medical costs for employee-only coverage
Generous Paid Time off
Onsite housing discount at Greystar-managed communities
6-Week Paid Sabbatical after 10 years of service
401(k) with Company Match up to 6% of pay
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000
Employee Assistance Program
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans