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Associate - Real Estate Development

Expired Job

Apartment Investment & Mgmt Bethesda , MD 20813

Posted 4 months ago

Job Description:

Senior Real Estate Development Analyst

This individual will be part of a team that is responsible for planning, underwriting and overseeing our real estate redevelopment projects. They will handle a portfolio of projects and provide direct support to the redevelopment leader to manage the project from beginning to end. This role... sometimes called an Associate, Analyst, or Senior Analyst... it's all the same job. We don't get too hung up on titles (because we're having too much fun doing the work).

Responsibilities include:

  • Prepare financial models and write project approval memos

  • Review and report on actual project status compared to plan, including construction timing/expenditures and lease up pace/rates. Make recommendations to improve project execution

  • Monitor project budgets, review project expenses and reports to determine whether allocated funds are spent as specified

  • Coordinate and prepare regular communications to the larger team

  • Perform market research analysis

  • Coordinate comparable property studies

  • Manage project files for the team including designs, vendor contracts, etc.

  • Manage the Requests for Quotations and Requests for Proposal from designers and vendors

  • Research vendor qualifications and make recommendations

  • Set up pre-construction design contracts with our Contract Administrators

  • Other ad hoc research and support as assigned

  • Development of new processes and improvements to current processes

  • Assist with "hands on, in the field"execution of the project including:

  • Product research and feasibility

  • Coordinate signage installation

  • Track warranties and manage warranty claims/issues

  • Coordinate furniture and equipment execution/installation

  • Advise the construction team and answer questions

  • Manage vendors to our operating standards

Skills and Specifications

  • Experience in financial modeling and business case development

  • Strong organizational skills

  • Solid general management and leadership

  • Solid communication skills both written and verbal

  • Problem solving ability

  • Ability to recommend practical ways using innovation, good judgment, creativity and strategic thinking.

Preferred Education and Qualifications

  • Bachelor's degree

  • 5 years of real - estate experience

  • Successful financial modeling experience

  • Project management experience a plus

  • Ability to travel on a regular basis required

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Associate - Real Estate Development

Expired Job

Apartment Investment & Mgmt