Real Estate Analyst Intern

Description

DUTIES AND RESPONSIBILITIES:

Know how it all works, help make it happen, and be a team player at the center of the action by bringing your initiative, imagination and problem-solving skills to Velair Development Company. The selected candidate would provide analytic support services and be involved in coordinating the development of market rate multifamily housing projects.

Site Selection:

• Site selection tasks including market analysis, demographic forecasting, site investigation and miscellaneous due diligence activities to help identify areas of opportunity for future development

• Coordination with local brokers, landowners, and land use authorities on potential multifamily development opportunities

• Conduct research into comparable land sales, applicable development fees, and other market data to aid in the preparation of offers to purchase

Underwriting/Development:

• Assist development team in initial underwriting for future developments

• Preparation of financial analysis and related transaction materials

• Preparation of marketing and related materials for presentation to government entities, investors, and related groups

• Review comparable stabilized properties to evaluate operational expenses

• Collaboration with architects, engineers, land use attorneys, contractor and others in the initial design of the development

• Initial financial analysis including project/program equity and debt requirements, loan package completion, and ad hoc analysis and project evaluations

• Provide support to development team members as needed

Requirements

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each duty and responsibility satisfactorily. The requirements listed are representative of the education, knowledge/experience, and skills/abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

--Education:

• Pursuing BA/BS degree in finance, real estate or related field

• 3.0 GPA minimum