Real Estate Financial Analyst (Real Estate)
ESSENTIAL DUTIES AND RESPONSIBILITIES:
The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and/or skills required.
Work with Development Analysts and Project Managers on assigned development deals to create financial models that includes placing together best financing vehicles to fund rehab or the construction of new affordable housing (development financial modeling and analysis)
Work with development associates to resolve development and financial issues
Create financial models to evaluate potential new development opportunities. Models include project portfolio level performance and structured finance deals
Create financial models to evaluate property exit strategies
Assist with variety of applications for multi-family rehab or new construction financing
Perform market research to determine/verify a projects rent structure and to verify operating assumptions used in the models
Assist with due diligence (including review of contracts, preparing the budgets and proformas, working and reviewing work received from consultants and third parties) of potential acquisitions and developments
Perform rental rate and utility allowance analysis to maximize revenue that can be utilized in financial models and be successfully underwritten
Summarize and present findings and recommendations succinctly
Work as financial liaison between development/construction department in setting up all the required financial notes, terms, schedules, closing entries, and covenants
Work with contractor and other parties to cost certify projects and close deals with partners, financial institutions, and funders
Assist and prepare Development Plans including, but not limited to:
Preparation of Project Schedules
Preparation of Project Proformas
Preparation of Project Descriptions and application narratives
Preparation of Market analysis
Preparation of Construction Budgets
Perform additional duties as assigned.
