- Save Job
- Email Job
- 3+ years of underwriting and modeling at a Real Estate Developer
- Strong analytical skills and advanced financial modeling experience
About Our Client
My client is a national Real Estate Investment and Development firm with over $5B under development. They specialize in developing and constructing unique residential, commercial, and hospitality projects. With their growing pipeline they are looking to bring on a strong Senior Associate (Acquisitions and Development) to their New York office.
Job Description
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.
Description
The Senior Associate (Acquisitions and Development) will:
- Assist the group in all aspects of residential acquisition, rehabilitation, and development
- Make contributions to analysis that will inform the firm's investment decisions
- Contribute on all phases of a deal and understanding of a project from sourcing through stabilization.
- Compile due diligence information including financial, market, site, and regulatory data
- Order and review third-party reports, including plan and cost reviews and environmental reports, highlighting key issues with relevant internal and external stakeholders for clarity and refinement.
- Analyze and compare complex partnership agreements and cash flow waterfalls
- Coordinate and assist on presentations for community meetings and governmental approvals
- Manage and control project pro forma analysis including budgets, schedule, timing, and underwriting assumptions
- Complete applications and documentation necessary for debt and equity financing, project requisitions, 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
- Actively participate in contract negotiation and review of legal documentation for each project
- Validate and defend budgets, assumptions, and pro-forma analysis
- Build, coordinate and lead internal team members and external consultants through conceptual design and entitlements leading to construction documents
- Coordinate with appropriate personnel including team analysts, clerical support, and others
- Perform, coordinate, and lead pre-development work such as preliminary architectural and engineering issues, zoning issues, local government, and community support
- Prepare investment packages for senior level review
The Successful Applicant
The Senior Associate (Acquisitions and Development) will:
- Bachelor's Degree in related field, advanced degree preferred.
- 3-5 years of experience in real estate development
- Strong quantitative, financial analysis and modeling (excel) skills.
- Exceptional research and writing abilities.
- Exceptional written and verbal communications skills.
- Strong project management skills and follow-through
- Ability to multi-task and prioritize appropriately in a constantly changing environment and act with a sense of urgency and accountability.
- Highly driven and values entrepreneurial-ism; works well within ambiguity.
- Exceptional attention to detail
What's on Offer
Strong base + benefits
Job summary
- Sector
- Real Estate
- Sub Sector
- Acquisitions / Disposals
- Industry
- Property
- Location
- New York
- Contract Type
- Permanent
- Consultant name
- Miranda Mars
- Job Reference
- JN-022022-5250157
