Development Analyst (Denver Metropolitan Area)
$70k - $90kUlysses Development Group
Ulysses Development Group is a Denver-based mission-driven developer and owner of affordable and workforce housing. We strive to bring and preserve quality housing to communities across the nation through ground up development and acquisition/rehab.
POSITION SUMMARY:
The Development Analyst will support UDG in all aspects of affordable housing acquisitions and development through financial modeling, industry research, and strategic analysis. The Development Analyst will support the team in efficiently underwriting the viability of new development opportunities as well as in the execution of existing development deals. The ideal candidate will be intellectually curious, thrive in a fast-paced setting and want to be instrumental in building affordable housing.
Key Responsibilities:
- As directed by VP of Development, conduct research to support all development functions, including acquisitions, due diligence, impact fees, utility costs, market analysis, construction costs, entitlements, etc.
- With guidance from the VP of Development, create and maintain financial models and project budgets
- Assist in tracking of timelines and schedules for projects in planning, construction or lease-up
- Assist in assemblage of consultant, design and construction project teams
- Research and gather documentation for RFQ/RFP’s and assist in submittal of responses
- Assist with land acquisition, including preparation of LOI's and purchase contracts with legal counsel, and gathering of due diligence materials
- Assist with financial closing in conjunction with lenders, legal counsel and other project team members
- Assist with preparation of internal reporting and forecasting in conjunction with the finance / accounting team
- Attend project meetings or OAC’s and keep minutes as required by the VP of Development
Qualifications:
- 2– 3 years’ experience in real estate and financial analysis
- Strong record of managing complex financial models
- Ability to have professional interaction with team members, stakeholders, government officials and staff
- Exceptional communication skills and attention to detail
- Must have excellent organizational skills and the ability to prioritize
- Must be willing to travel on occasion
Compensation:
The salary range for this position is $70,000 to $90,000 annually, commensurate with experience. In addition to the base salary, the successful candidate may be eligible for a performance-based bonus up to 10%, which is determined based on individual and company performance.
Benefits:
Health, dental, and vision insurance
401(k) plan with company match
Paid time off (PTO) and holidays
Professional development opportunities
Transportation/parking allowance
No deal participation
Physical Demands and Work Environment:
- Prolonged periods of sitting at a desk and working on a computer
- Frequent near vision use for reading and working with detailed information on computer screens
- Occasional standing, walking, and moving about the office
- May require lifting and moving objects weighing up to 15 pounds
- Ability to communicate verbally and in writing with colleagues
- Work is primarily performed in a climate-controlled office environment
- Exposure to moderate noise levels typical of an office setting (e.g., printers, telephones, ambient noise)
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Application Instructions:
Interested candidates are invited to apply through this link by submitting their resume. Candidates may include any relevant project experience and why the candidate believes the candidate would meet the criteria for this position. Interested candidates are encouraged to apply as soon as possible. Applications will be accepted on an ongoing basis until the position is filled.
Additional Information:
In compliance with Colorado's Equal Pay for Equal Work Act, we are disclosing the compensation, bonuses, and benefits applicable to this role. The final salary offer may vary based on factors including experience, qualifications, and specific location within Colorado.
Ulysses Development Group is an Equal Opportunity Employer.We are committed to creating a diverse and inclusive work environment where all employees feel valued and respected. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or any other characteristic protected by law. UDG is dedicated to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you require assistance or accommodation due to a disability, please message Ulysses Development Group through linked in.
$120k - $150k
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