Multifamily Development Analyst

Endeavor Real Estate Group - Greater focus, greater value.

At Endeavor, we've built our continued success on a simple formula. Approach every relationship with integrity and treat every project like it's in our own backyard. With this formula, we've grown steadily since 1999, through some of history's most turbulent market conditions. It's the foundation for projects that are built to last, and for a company dedicated to the needs of property owners, investors, tenants, and the community. It's doing the right thing, for the right reasons. It's our Endeavor.

Job Summary

The Multifamily Development Analyst performs complex investment due diligence and analysis work. Work involves assisting the Multifamily development team with potential site analysis, vertical underwriting of investment, comp research, and extensive due diligence from beginning of project to starting construction. This position will report directly to the Principals of the Multifamily division and work closely with all members of Endeavor's Multifamily team.

Essential Job Functions and Responsibilities

• Perform financial analysis of multifamily developments with various other real estate investment components (ground floor retail, mixed use, office) and other various opportunities

• Support in the due diligence or transaction process (purchases, sales, construction loan closings, etc.)

• Assist in the debt and equity raising process (put together packages, manage lender/investor correspondence, etc.)

• Value existing real estate assets based on analyzing historical operating and financial performance

• Prepare presentation materials for investment committee, investor presentations, or other meetings

• Analyze financial information from various sources to forecast business, industry and economic conditions

• Gather, compile, investigate, and analyze market data to identify potential investment opportunities

• Assist with preparation of project approval materials for management

• Update various asset management schedules, portfolio-level reports, and other investor or corporate reports

Qualifications

Financial Skills

• Understand mathematical concepts including net present value (NPV), levered and unlevered internal rate of return (IRR), cash on cash return, yield on cost (YOC), and all basic concepts associated with real estate finance

• Interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables

• Extensive experience in financial modeling in Excel and the review of financial statements in relation to multifamily operations

Technical Skills

• Excel, PowerPoint and Word experience skills required

Personal Skills

• Excellent writing and editing skills

• Acute attention to detail

• Deadline driven and able to prioritize

• Strong organizational and project management skills

Education/Experience

• BS/BA degree in Finance, Economics or related field

• At least 1 Year of Multifamily underwriting experience on development or principal side required.

Work with the largest real estate developer and service provider in central Texas. Endeavor Real Estate Group is a growing company offering a professional, innovative and collaborative work environment.