Investments Associate

Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.

We are looking for an Investments Associate to join the team!

General Responsibilities

Financial Oversight & Investment Management

• Serve as the financial lead throughout the development process of projects, focusing on investment and capital markets
• Assist in negotiating key financial agreements, including purchase and sale agreements, development agreements, operating agreements, and loan documents

Due Diligence & Site Acquisition

• Assist in the due diligence process for site acquisitions, including assessing financial feasibility, site conditions, and regulatory requirements
• Support the financing process for site acquisitions, ensuring thorough analysis and risk management

Underwriting & Financial Modeling

• Underwrite new and existing projects, ensuring financial models are maintained, updated, and aligned with investment strategies
• Provide support in building financial projections and models to support acquisitions, financing, and development decisions

Market Research & Analysis

• Lead the market research component for each project, focusing on specific asset classes to ensure that investment decisions are informed by accurate market data
• Analyze industry trends, competitive landscape, and potential risks to support strategic decision-making

Financial Reporting & Business Plans

• Maintain financial reporting for each project, including managing capital calls, preparing monthly financial reports, and supporting the development of business plans
• Ensure reports are accurate, up-to-date, and aligned with company objectives

Investment Presentation & Communication

• Draft and present investment memos for new and existing projects to the Executive Team, ensuring clear and concise presentation of financial data, project timelines, and risk assessments
• Collaborate with senior leadership to provide insights and recommendations for potential investments

Cross-Department Collaboration & Onboarding

• Manage interdepartmental onboarding and ensure effective collaboration across teams, including accounting, legal, development, and construction
• Facilitate communication between departments to streamline processes and ensure smooth project execution

Cash Management & Yardi Integration

• Work with accounting on cash management for the project, including tracking deposits, outflows, and milestones
• Support the integration of financial data into Yardi, ensuring accurate and timely reporting

Legal & Contract Support

• Collaborate with the legal team on various contracts and administrative matters, including organizational documents, development agreements, fee agreements, and branding/management contracts
• Ensure that legal documentation aligns with financial objectives and investment strategies

Development & Construction Collaboration

• Work closely with the development and construction teams to process and review construction budgets, ensuring that financials align with project timelines and budgets

Additional Responsibilities

• Take on additional responsibilities as needed to support the growth and success of the acquisition and development process

Required Qualifications

• Bachelor’s degree in Economics, Finance, or Real Estate
• 4–6 years of experience in financial analysis and financial modeling, with the ability to build and interpret complex investment models
• Development or real estate private equity experience required, with an understanding of real estate contracts and financial structures
• Strong market research and analytical skills, including the ability to evaluate market trends, competitive dynamics, and risk factors
• Experience supporting project-level financial reporting, capital calls, and cash flow management
• Advanced proficiency in Microsoft Excel

Preferred Qualifications

• Master’s degree
• Deep understanding of both development and South Florida Condo / Multifamily Market
• Ability to produce financial models from scratch

As a team member at Terra, you’ll enjoy:

• Career advancement and bonus opportunities
• Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account)
• Employer-paid life and disability insurance
• Employer matching 401k
• Employee team building events
• Paid Time Off and paid Holidays