Associate Analyst

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General

Summary:

Supports management in the following areas: identifying and acquiring ground-up development opportunities, evaluating projects, supporting ongoing development initiatives and supporting ongoing regional operations and business needs.

Summary of Key

Duties and Responsibilities:

Acquisitions & Investments:

Conducts market research and analyzes trends across each of the region’s core product types and markets, and presents findings to senior team members to identify new opportunities

Performs ROI analysis, including cash flows, IRRs, waterfalls, etc., for potential acquisitions of new properties for development, redevelopment or expansion of current properties. Additionally, supports senior-level team members in evaluating exit opportunities once a project has achieved the forecasted business plan Spearheads the collection of due diligence materials to evaluate site feasibility. Assists in the review of purchase & sale agreements, legal documents and other materials

Assists with drafting investment committee materials and business plans for new acquisitions and ongoi ng dev elopment projects

Development Execution:

Assists in the analysis of prospective tenant leases, project financing, joint ventures, property management and other special projects/transactions

Supports preparation of debt and equity offering memoranda for projects

Drafts, updates and evaluates operating expense, cash flow and income projections against established budgets and operating proformas

Observes ongoing construction meetings with contractors, architects, and project engineers

Coordinates with Development Accounting team to manage the loan draw process

Ongoing Regional Operations:

Coordinates with internal departments including Design and Construction, Accounting, Business Analysis, Treasury, Legal and Tax to collect market, economic, and financial data. Works closely with these departments to prepare budgets, project financials and determine financing options

Assists the Development Accounting team in monitoring development cost performance

Assists in the development of proposed annual and long-range operating and capital expenditure budgets and plans for RGDC and RGDC projects

Works with real estate and construction colleagues regionally and nationally to develop and evaluate strategic opportunities for Rockefeller Group's development portfolio

Develops, drafts and prepares reports and presentations to support RGDC's corporate asset strategy and real estate initiatives, strategic studies and lease transactions

Maintains a regional market database for product types applicable to the region including office, multifamily and industrial. Reviews and makes recommendations based on changes in market fundamentals, supply pipelines and shifts in micro and macro economic conditions

Analyzes variances of forecasted and actual results to determine the accuracy of projections and the financial status of projects

Anticipates, recognizes, and informs management of business issues and opportunities that may affect project facilitation

Prepares weekly and quarterly internal and external project reporting

Performs other ad hoc duties and special projects as assigned

Education Requirements:

Bachelor’s Degree required, with preferred field of education in business, real estate, economics, architecture, engineering and/or finance.

Experience / Knowledge / Skills Requirements:0-2 years of experience in real estate development, finance, capital markets, brokerage, or related field, including internships. If entry level, prior internship in related field strongly preferred.

Working knowledge of financial statements, investments and/or taxes required; and prior IRR, NPV, budget preparation, scenario analysis/proformas experience required

Fundamental understanding of real estate development, operations and/or prior experience with lease, financing and/or partnership agreement documents required

Excellent analytical skillset , displays leadership potential/qualities an d is proficient in their written and verbal communication

Proficiency in Excel, Word, and PowerPoint; working knowledge of ARGUS preferred

Displays strong attention to detail, is able to multitask and can be effective in unfamiliar situations

Ability to work in a fast-paced, multifaceted environment and demonstrate the ability to…