Senior Real Estate Development Analyst

Dedicated to innovative placemaking, Howard Hughes Communities is the real estate platform of Howard Hughes Holdings Inc. (NYSE: HHH) and is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Building on that foundation, we foster a culture of curiosity that empowers every employee to shape their own story within our organization.

We are seeking a Senior Real Estate Development Analyst to join our development team in Las Vegas, supporting projects within the Summerlin master‑planned community. The Senior Development Analyst will serve as a key resource supporting approximately $1 billion of commercial development projects over the next 3–5 years.

The role will focus primarily on financial modeling, underwriting, and feasibility analysis across a diverse pipeline of development projects, including multifamily, office, and retail. In addition to project‑level analysis, the position may also contribute to high‑level strategic planning across multiple regions. This position will have ownership of the financial analysis throughout the development lifecycle, from initial feasibility through construction and stabilization.

The position offers significant exposure to senior leadership and the opportunity to influence major development investments.

• Create and manage dynamic pro forma models for retail, office, multi‑family, and complex mixed‑use development projects.
• Analyze the financial performance and value of potential acquisitions, developments, dispositions, and current properties and prepare investment and strategic planning recommendations.
• Prepare investment‑grade analysis and presentations for review by board and capital committee that clearly and concisely illustrate development underwriting, market data, and strategic business plans.
• Manage monthly, quarterly, and annual budgeting, cashflow forecasting, and reporting processes including coordination with accounting, FP&A, and external consultants and contractors.
• Support coordination with external vendors and contractors to grow network, solicit proposals, negotiate pricing, and process contracts.
• Analyze potential lease deals with a focus on net present value analysis, review and comment on income statements and balance sheets, as well as lease terms and conditions.
• Collaborate with internal and external leasing teams on deal flow and economics to provide analytical support.
• Support strategic planning efforts including creating processes, managing pipeline documents and reporting, and managing annual budgeting.
• Support the sourcing of construction financing, including preparation of detailed financial models, compiling lender diligence items, and organizing third‑party reports.
• Research and present in‑depth analysis on industry benchmarks, demographic profiles, economics and market trends, and competitor research to facilitate management decision‑making.
• Other responsibilities, ad‑hoc projects, and interdisciplinary assignments as required.

• Bachelor’s Degree with an emphasis on real estate, finance, economics, accounting, or a related field. Graduate degree preferred but not required.
• Minimum 3-5 years’ experience as a financial analyst required in commercial real estate development, investments, or asset management.
• Proven experience underwriting multiple property types with a preference for retail, mixed‑use, and multi‑family projects.
• Expert‑level Excel modeling skills, including creation and ongoing management of dynamic development pro‑formas, scenario analysis, and concise data visualization.
• Demonstrated understanding of real estate investment metrics, partnership structures, development budgets, and construction process.
• Investment‑grade written and verbal communication skills with experience preparing board and committee‑level PowerPoint decks and memorandums.
• Ability to work independently and as part of a team with exceptional organizational skills and a strong proficiency with managing multiple projects and meeting deadlines in a demanding, fast‑paced work environment.
• Interest in Artificial Intelligence and gaining efficiency in development analysis…