Real Estate Analyst
Lincoln Property Company
2021-12-03 17:30:07
Oak Brook, Illinois, United States
Job type: fulltime
Job industry: Real Estate & Property
Job description
Overview:
Join a team with 50 years of success in the real estate industry! Lincoln Property Company is currently hiring for a Development Associate. We are looking for an enthusiastic person who enjoys being hands-on and helping fellow employees. Does this sound like you? Join us!
Founded in 1965, Lincoln Property Company is one of the largest and most diversified property management companies in the United States. Lincoln maintains a presence in more than 200 cities in the U.S. and 10 countries throughout Europe. Our mission is to be a company for people, a company about people.
Responsibilities:Candidate will be responsible for assisting the Midwest Regional Operations Team and will report directly to the Senior Vice President - Midwest. Primary responsibility includes helping underwrite and present investment opportunities to investors and lenders through extensive proforma modeling, analysis of market data, preparation of market analysis reports, demographic analysis, tracking potential sites and competing developments. Additionally, the candidate will be involved in supporting zoning efforts and preparing RFQ/RFPs, including detailed text and PowerPoint presentations.
In alignment with Corporate goals, specific responsibilities for the Real Estate Analyst will include:
- Analyze development and acquisition projects using Excel modeling spreadsheets.
- Support office development team members.
- Assist Midwest Executive Vice President and Director of Development with various ad-hoc financial analysis and financings.
- Maintain region-wide development and acquisition pipeline using both excel and mapping software.
- Monitor and model construction projects for cost re-projections.
- Monitor research of Regional and U.S. markets regarding rent, employment, permits, and supply and demand trends (includes review and analysis of demographic software).
- Assist management team on other projects, as needed. (i.e., acquisitions, SF lot development, budgets, management fee analyses, etc.).
- Due diligence research on rent, expenses, utilities, taxes and pre-development fees.
Additional tasks include :
- Tracking deal status through monthly reports
Assisting in loan closings
Provide deal status to home office
- Familiarity with Excel and related macro programming, PowerPoint, web search engines.
- Strong written and verbal skills.
- Ability to handle multiple tasks for multiple projects.
- Ability to work independently and with team of professionals, as needed.
- Ability to track market data (development pipeline, competing projects).
- Ability to aggregate and interpret demographic information (employment trends, population growth, income trends). Use of demographic /mapping based software will be included.
- Strong financial analysis skills in working with detailed financial models.
- Ability to create compelling presentations for zoning and investment offerings.
- Knowledge of source and use and flow of funds concepts is helpful.
- Familiarity with cap rates is a plus.
Professional and Educational Background
- Successful candidates will have one to three years residential real estate development experience.
- Bachelor degree required. MBA in finance or real estate is a plus.
Additional Requirements
- Must possess a valid Drivers License.
- Must be willing to travel as needed, typically a week a month.
Benefits
Lincoln Property Company offers competitive pay, a benefits package that includes health, dental, vision and 401(k) and opportunities for career development and advancement.