Development Analyst

Simone Development Companies, a full-service, privately held real estate Investment and Development Company, with a distinguished resume and reputation, is in need of a Development Analyst. Simone has the ability to rapidly move any project through site selection, acquisition, financing, construction, leasing, property management and maintenance. The core principles that define the organization are the stability, creativity and professional expertise of the management team; an aggressive long-term business plan; a commitment to excellence and tenant service; close relationships with strategic partners, tenants, lenders, municipalities, and real estate professionals; a consistent ability to add value; and most importantly, an unwavering pursuit of visionary development.AnalystThe Analyst is responsible for assisting in the management and execution of development and redevelopment projects as well as acquisitions. The Analyst will assist with aspects of real estate development and investment, including financing, budgeting, entitlement and government approvals, consultant coordination, design, leasing, due diligence, marketing, and construction oversight. Key Responsibilities:Assist in all aspects of development management including budgeting, financing, planning, design, land use, permitting and constructionCreate detailed, dynamic and complex financial underwriting models for investment opportunities including modeling capital structures, direct cap and DCF valuations, debt sizing, sensitivities, and feasibility analyses of potential developments, redevelopments and acquisitionsCreate and monitor detailed project budgets and draw schedules including tracking all project costs, invoices and all payment and draw applications for active developmentsEnsure projects are completed within established budgets, scheduled milestones and standards of qualityParticipate in regular project meetings and maintain project tracking reportsWork with in-house legal, accounting, property management, and leasing teams as well as third party consultants such as land use attorneys, architects, engineers and contractorsReview purchase and sales agreements, loan documents, leases, construction contracts and other documentation for new and existing investmentsConduct property-level due diligence for new acquisitionsAssist in preparation of monthly reports and investment return analysesCreate and issue RFPs for consultants, including but not limited to engineers and architectsEffectively communicate relevant financial and project information to senior managementDraft and review term sheets and memo’s for lease and purchase transactions Key AttributesStrategic, creative thinker with a track record of using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problemsAbility to work independently, present recommendations and interact with senior management and partners in the decision making processHighly motivated, assertive and drivenKeen attention to detail with ability to work on multiple projects simultaneouslyAble to prioritize, organize and manage multiple deadlinesSelf-starter with positive attitude and strong work ethicQualificationsBA/BS degree in finance, real estate, engineering, architecture or related field1-2 years of relevant commercial real estate work experience in development, finance, banking, acquisitions, commercial brokerage, underwriting or valuationStrong quantitative, financial analysis and modeling skills and demonstrated analytical abilityAdvanced knowledge of Microsoft ExcelKnowledge of Argus Enterprise a plusKnowledge of Yardi Enterprise a plusExcellent written and verbal and communication skills