Development Analyst - Vancouver, Canada - Greystar Real Estate Partners LLC

Greystar Real Estate Partners LLC
Greystar Real Estate Partners LLC
Verified Company
Vancouver, Canada

2 weeks ago

Sophia Lee

Posted by:

Sophia Lee

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Description

Supports the execution of the Company's development platform by performing financial analyses of development opportunities, preparing appropriate documents to facilitate the underwriting and closing of real estate transactions, interfacing with brokers, equity partners, institutional clients, and the Company's development leadership, and tracking and reporting on the status of multifamily transactions within the assigned geographic markets.


JOB DESCRIPTION

  • Conducts financial analysis of development opportunities, including the creation of detailed proforma and financial models. Gathers, compiles, investigates, and analyzes market data to identify potential development opportunities, and prepares narrative development memoranda, detailed reports, and market summaries that provide insights on proposed acquisitions.
  • Establishes and maintains productive relationships with local market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manages ongoing communications related to proposed development transactions.
  • Identifies, investigates, and refers potential acquisitions and other real estate transactions to appropriate Greystar leadership, and assists in preparing financial, market, and other documents required for new business pitches and RFPs.
  • Organizes, leads, and/or participates in the due diligence on properties under contract, and develops documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
  • Monitors and reports on the status and progress of proposed development transactions within the assigned geographic region, establishes critical timelines and deadlines for tasks and activities related to the proposed transaction, and identifies and effectively addresses issues or problems that could otherwise adversely affect closing.

Qualifications

  • Minimum of one year of experience in real estate finance.
  • A bachelor's degree is required in finance, business, real estate, economics, or related field.
  • Attention to detail and strong creative problemsolving skills.
  • Proficiency in Excel and financial modelling skills, with working knowledge of cash flow forecasting.
  • Excellent interpersonal and relationshipmanagement skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom Greystar does business.
  • Critical thinker and selfstarter capable of accomplishing a task with limited guidance and supervision.


LI-KD- Compensation is _based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.

_

Corporate Positions:

In addition to the base salary, may be eligible for an annual performance bonus that is based on individual and company performance.


Onsite Property Positions:

In addition to the base salary, may be eligible for a discretionary weekly, monthly and/or quarterly bonus based on budget.

Greystar seeks to attract, recruit, advance and retain top talent.

Greystar's compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.


Robust Benefits Offered for Full-time Team Members:

  • Medical, Dental, Vision, Life
  • 401(k) with Company Match (eligibility required)
  • Shortterm & Longterm Disability
  • Critical Illness/Accident/Hospital Indemnity Plans
  • Employee Assistance Program
  • Generous Paid Time Off: Time off benefits include vacation, holidays, personal days, and sick time and parental leave


For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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