Development Analyst

Weidner Kirkland , WA 98034

Posted 2 months ago

Title: Development Analyst

Reports to: Development Director

Salary: $75,000 - $100,000, depending on experience

Position Summary:

Weidner Property Management is committed to teamwork, through a spirit of honesty, trust and mutual respect. While this job description is complete, some responsibilities may not be specifically addressed. The Development Analyst will work closely with the Development Director on the design, entitlement, and permitting processes for several multifamily development projects concurrently. This position will have significant exposure to working with both design and construction teams while also being focused on optimizing financial returns. The nature of real estate development is complex and problems are often ambiguous on finding the best path forward. Candidate should be a self-starter who has a strong desire to learn all aspects of real estate development. A successful Development Analyst is able to manage their time effectively, is detail oriented, a trustworthy team player, and takes pride in their work. In addition, this position needs to be accountable and attentive to provide excellent customer service skills when interacting with residents, associates and vendors.

Primary Responsibilities:

  • Create and maintain development financial proformas; This responsibility includes underwriting market rents & operating expenses as well as the preparation of construction & soft cost budgets

  • Assist in managing design consultants to effectively hit project timelines and objectives. Over time, the goal is become the primary point of contact on individual development projects

  • Assist in evaluating new potential development sites with a focus on both financial returns and real estate due diligence

  • Research current supply, demand, and development pipelines of target markets

  • Assist with the project positioning, branding, and product development including floor plans, specifications, and amenities

  • Prepare consultant contracts

  • Assist in solving zoning, land use, legal, environmental, infrastructure, traffic, utilities, earthwork, geotechnical, and construction-related issues confronting a proposed project

  • Actively participate in a positive team environment through teamwork, communication and excellence in service; communicate regularly with the Development Director and Weidner Senior Leadership Teams

  • Actively demonstrate the values of the Weidner Customer Service Vision to team members, associates and external customers

Qualifications:

  • Bachelor's Degree in Business, Architecture, Engineering, Real Estate, City Planning, or related field required

  • 2 - 5 years of experience required

  • Analytical or development related experience at an institutional real estate company desired

  • A passion for multifamily real estate development and investment

  • Knowledge of land use regulations, zoning, and permitting processes is not required but is a plus

  • Excellent written and verbal communication skills

  • Strong analytical skills and the ability to develop and present complex financial and business concepts succinctly and accurately

  • A high level of integrity, professionalism, and attention to detail

  • A passion for city building and a commitment to creating positive change in local communities

  • Experienced in Microsoft products required (Word, Excel, PowerPoint and Outlook)

  • Follow Weidner's Mission, Vision and Values and comply with all Weidner policies and procedures as well as all Fair Housing, local, state, and federal laws

  • Prompt, regular attendance; wear company dress code / uniform & maintain professional appearance at all times

  • Work effectively and cooperatively in a team environment and/or independently

  • Must agree to a criminal background check and sign an agreement for voluntary drug testing

  • Valid and current driver's license, vehicle and vehicle insurance

  • Ability to travel as needed, up to 10% of the time

  • Ability to work 5 days a week in the Kirkland Home Office when not traveling

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