Description
POSITION: Real Estate Development Analyst/Associate
LOCATION: Miami Beach
FLSA: Exempt
DEPARTMENT: Real Estate Development
POSITION SUMMARY
Terranova is seeking an Analyst/Associate to join their Development Team working directly with senior management. The role will be based in the firm’s Miami Beach office. As part of the Development Team, the Analyst/Associate will work on various investment strategies (core-plus, value-add, opportunistic, development and debt) across all property types and be involved in every facet of the investment process (acquisition, development, asset management and disposition).
GENERAL RESPONSIBILITIES
- Assist in the analysis and execution of new acquisition and development opportunities
- Assist in the on-going development, asset management and operational activities of investments
- Create complex financial models, including modeling joint-venture structures
- Build sensitivity analyses of sales, construction, timing, capitalization, etc. and their effects on project profitability
- Conduct hold-sell and refinancing analyses
- Responsible for developing financing and joint venture packages
- Help to develop business plans, monitor business plan performance, and react to correct any variances to maximize value
- Conduct due diligence for potential investments
- Create, manage and update reports, project budgets, schedules and cash flow projections
- Prepare regular financial analysis and market research for senior management
- Create asset level reports for internal management and external investors
- Continually research and report on latest market trends, both locally and internationally
- Assist in special assignments as needed
- Other responsibilities may and will be assigned
- QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- 2+ years work experience preferred
- Demonstrated track record of high achievement in demanding professional and academic settings, superior quantitative and modeling skills, and proven analytical abilities in real estate (Argus experience preferred)
- Ability to model cash-flows, P&L statements and project budgeting
- Highly motivated, independent and entrepreneurial
- Strong organizational skills and attention to detail is critical
- Ability to work autonomously, be proactive, multi-task and work in a lean group
- Strong work ethic, integrity and ability to thrive in an fast paced unstructured environment
- Excellent interpersonal, verbal and written communication skills
- Strong desire to develop a comprehensive understanding of real estate investing and operation
WORKING CONDITIONS AND ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
This job is no longer active.