Analyst, Development at Fairstead in Delray Beach, FL

The Analyst, Development contributes to all aspects of the company’s Affordable Housing Development platform that focuses on housing located throughout the US – inclusive of both acquisition and new construction.

Responsibilities:

• Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
• Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
• Collect vendor information necessary for setting up AP systems
• Coordinate meetings for assigned deals both internally and externally for assigned deals
• Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
• Compile and submit meeting minutes for all attended calls as directed by deal leads
• Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
• Compile monthly construction draws for review and approval by senior development staff
• Travel to subject properties at the direction of senior staff
• Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US.
• Compilation of due diligence information including financial, market, site, and regulatory data
• Coordinate and assist community meetings and governmental approval processes
• Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
• Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
• Coordinate with appropriate personnel including team analysts, clerical support, and others
• Prepare client communications for senior level review
• Work directly with Senior Associate/Associate on project

 

Requirements:

• Bachelor’s Degree in related field, Masters in Real Estate Development or similar degree preferred
• Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning.
• Ability to demonstrate interest in real estate development
• Strong desire to learn new skills
• Exceptional research and writing abilities.
• Strong project management skills
• Must be a detail-oriented person with outstanding analytical skills.
• Strong analytical skills and ability to multi-task in a constantly changing environment
• Highly driven and values entrepreneurialism; works well with limited direction.
• Strong computer skills, Intermediate to advance Excel Skills strongly preferred.
• Desire to contribute to the creation and preservation of affordable housing