Development Analyst

Company: Stone River Company is a vertically integrated investment firm that acquires, develops, and manages multifamily real estate in the Southeast. Since its inception, Stone River has built an exceptional leadership team with a wealth of knowledge and experience in real estate acquisition, development, management, and finance, specializing in the Southeast multifamily space.

Investing in the Future

Our people are the most important part of our company. We believe in building a culture that encourages our team members to invest in and serve one another while pushing each other to take risks, allowing us to grow together and make a difference.

Success Starts with Our People

Much like our commitment to providing exceptional service to our clients, partners, and residents, we are committed to helping our team members grow within the company. Joining our Stone River team means becoming part of a company that is invested in you.

Creating a Culture of Inclusivity

Our team members share a common appreciation for the value of diversity and inclusion. We foster a work environment that allows everyone to feel like they belong and can contribute to their fullest potential. We continuously seek to improve awareness for our team to ensure we have the skills needed to connect with our diverse community, residents, and investors.

The Development Manager is responsible for providing detailed financial analysis for potential new development opportunities and investments, conducting market research and analysis, supporting and managing due diligence on new opportunities, preparing internal reporting and information packages for presentation and financing purposes, and generally providing deal-level support and assistance as needed.

The activities listed below are not all-inclusive; however, they are indicative of the type of activities required to fulfill the demands of this position.

Other duties or projects may be assigned by management.

• Upholds the Vision (Values, Purpose, and Mission) of Stone River Company
• Create and refine detailed financial models, conduct comprehensive underwriting with clear delivery of investment yield, returns under a variety of alternative scenarios.
• Conduct market research and analysis to support valuations through internal resources and third-party resources, as needed
• Coordinate investor reporting for investor and lender use
• Assist with Due Diligence tasks on existing and pipeline transactions
• Help prepare investment presentation materials for internal and external users
• Assist with development site evaluation and preparation
• Work with leadership to identify opportunities to source sound investments in new and existing markets
• Support the Stone River team concept, providing timely communication amongst the various in-house departments (management, operations, accounting, asset management, and legal)
• Experienced in collaborating effectively with remote, on-site, and non-HQ teams
• Willing and able to travel as needed to support non-HQ team members, site visits, market diligence, stakeholder meetings, and project execution across SRC markets

• Bachelor’s Degree, preferably with a concentration in real estate, finance, mathematics, construction/development, general finance, or similar degree

• 2+ years of industry-related financial analysis experience

• Initiative
  : this person must be an extremely resourceful self-starter, able to work independently, and take strong initiative, working additional hours when necessary
• Prioritization and Organization
  : the position requires an ability to manage a diverse array of responsibilities involving multiple internal and external personnel.
  
  Managing timelines and deadlines is essential, so this individual must be able to effectively prioritize duties on a continual basis.
• Excellent verbal and written communication skills
• Excellent computer skills with the ability to create customized research reports and to integrate data into existing database formats – Proficient in Microsoft Office Products (Word, Excel, Outlook)

• Valid Driver’s License – must be insurable under the underwriting guidelines of an insurance provider