Development Analyst
$85kFairstead ESC LLC
Overview Fairstead is a real‑estate firm dedicated to building affordable housing across the United States. We maintain a portfolio of more than 27,000 apartments and employ a tech‑forward, entrepreneurial approach to development. Position: Analyst, Development The Analyst, Development supports all aspects of our Affordable Housing Development platform, including acquisition, rehabilitation, and new construction across the US. Responsibilities Review weekly development financial information and revised trackers, including development budget, pre‑development budget, and cash forecast. Analyze general ledgers, accounts payable, rent rolls, T‑12s, and other property‑level reports. Collect vendor information necessary for setting up accounts payable systems. Coordinate and attend internal and external meetings for assigned deals. Manage shared file‑management system for assigned deals, daily uploading documents with proper naming conventions. Compile and submit meeting minutes for all attended calls as directed by deal leads. Track invoicing and accounts payable across multiple developments and report trends to senior staff. Compile monthly construction draws for review and approval by senior development staff. Travel to subject properties at the direction of senior staff. Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section8, LIHTC, etc.) in core markets across the US. Compile due diligence information including financial, market, site, and regulatory data. Coordinate and assist community meetings and governmental approval processes. Complete applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal. Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders, and other issues related to design and construction. Coordinate with appropriate personnel including team analysts, clerical support, and others. Prepare client communications for senior‑level review. Work directly with Senior Associate/Associate on project. Qualifications Bachelor’s degree in a related field; Master’s in Real Estate Development or a similar degree preferred. Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, or urban planning. Strong interest in real‑estate development. Strong desire to learn new skills. Exceptional research and writing abilities. Detail‑oriented with outstanding analytical skills. Strong analytical skills and ability to multi‑task in a constantly changing environment. Highly driven, values entrepreneurialism, and works well with limited direction. Strong computer skills; intermediate to advanced Excel skills strongly preferred. Desire to contribute to the creation and preservation of affordable housing. Compensation Salary Range: $85,000 - $85,000 USD (may vary based on experience). EEO Statement Fairstead ESC LLC is an equal‑opportunity employer. We do not discriminate on the basis of any protected class and are committed to providing a diverse workplace. #J-18808-Ljbffr
$80k - $95k
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