Real Estate Analyst

General Summary:

Supports management in formulating asset strategies and evaluating projects from both financial and non-financial perspectives (primarily industrial and multi-family development).   

Responsibilities include: conducting due diligence utilizing financial models, real estate documents, investment criteria, and other relevant information to effectively evaluate RGDC development project feasibility; supporting the analysis, reporting and presentation needs of the development team; participating in formulating and negotiating agreements with partner/investors and other appropriate individuals; assisting in developing proposed annual and long-range operating and capital expenditure budgets and plans for RGDC and RGDC projects.

Summary of Key Duties and Responsibilities:

• Formulates and implements financial analyses of projects and of proposed asset sales
• Prepares, updates and maintains financial models related to real estate transactions
• Conducts ROI analysis, including cashflows, IRR’s, waterfalls, etc., for potential acquisitions of new properties for development, redevelopment or expansion of current properties
• Coordinates with Rockefeller Group and RGDC corporate departments to collect market, economic and financial data, prepare budgets, project financials, and determine financing options.  Departments include Development Accounting, Business Analysis, Treasury, Legal and Tax
• Participates in formulating agreements with partner/investors and other appropriate individuals
• Reads proposals and analyzes major lease and sale transactions
• Develops, updates and evaluates operating expense, cash flow, and income projections against established budgets and operating proformas
• Assists the Development Accounting team in monitoring development cost performance
• Gathers and evaluates economic, demographic and real estate market data
• Assists in the review of leases, purchase & sale agreements, legal documents, other materials and also meets with jurisdictional parties as part of the underwriting and due diligence process
• Assembles and summarizes data and provides recommendations to management
• Assists in developing 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 the 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
• Analyzes variances of forecasted and actual results to determine accuracy of projections and financial status of projects
• Recognizes and informs management of business issues and opportunities which may affect project facilitation
• Produces and delivers oral and written presentations accurately and effectively.
• Updates job knowledge through reading publications, participating in professional organizations, and attending formal and informal training as appropriate
• Performs other duties as assigned

Education Requirements:

• Bachelor’s degree, with preferred field of education in Business
• Graduate degree in Finance preferred

Experience / Knowledge / Skills Requirements:

• Minimum of 3-5 years of work experience within related work areas
• Working knowledge of financial statements, investments and/or taxes required; and prior IRR, NPV, budget preparation, scenario analysis/proformas experience preferred
• Fundamental understanding of real estate development, operations and/or prior experience with lease, loan, financing and/or partnership agreement documents required
• Ability to track and analyze information to formulate appropriate recommendations
• Excellent skills utilizing Excel, Word, Access or other relational databases and PowerPoint or other presentation software
• Basic knowledge of ARGUS (or equivalent real estate cash flow modeling software) preferred
• Excellent analytical skills and strong written and verbal communication skills
• Independent and team project management skills required