Development Analyst

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Job description

Development Analyst

Overview

Supports the Investment Team with property underwriting, due diligence, and debt and equity placement. The analyst will work with the Site Acquisition and Development Teams to evaluate new multifamily development opportunities and assist the Investment Team in capitalizing them. This position offers a great opportunity for broad investment analysis experience and exposure to all facets of real estate development including site acquisition, predevelopment, dispositions, asset management and capital markets. There will be daily interaction with the company principals and senior management staff and provides the right candidate the opportunity for advancement.

Essential Duties and Responsibilities

Development:

· Underwrite multifamily development opportunities by:

o Creating and maintaining financial models

o Preparing development budgets

o Performing market research including income and expense comp analysis.

· Participate in virtual and on-site property due diligence.

· Maintain internal development pipeline platform and comp databases.

· Assist in optimizing capital structure.

Capital Markets:

· Prepare pitch books and marketing materials for investor presentations and meetings.

· Prepare internal investment memos and presentations.

· Update and maintain internal budgets and cash flow projections.

Requirements

• Bachelor's degree in accounting, finance, mathematics, economics, or related field.
• 1-2 years of commercial real estate investment experience, preferably multifamily.
• Strong knowledge of MS Excel, Word, and Powerpoint.
• Finance knowledge and the ability to understand financial statements is very important.
• A desire to work within a diverse, collaborative, and driven professional environment.

What we can offer you:

• Great benefits - We offer 100% paid medical insurance coverage for our Employee only plans & subsided medical options for additional family members, Dental and Vision plan options, Paid time off, Paid volunteer time off and paid holidays, 401(k) match, Employer paid Life and AD&D insurance coverage, and educational reimbursement.
• A job that challenges you - Middleburg strives for excellence in knowledge, service, and integrity. Excellence in knowledge means that Middleburg recruits and trains top notch Team Members who are experts in their field and who continue to improve their industry knowledge. Team Members work together to provide excellent customer service that exceeds customers' expectations.
• Great Culture - We embrace a culture of responsible leadership at all levels of our organization that encourages initiative to advance our mission and vision. We honor the dignity of all people, embrace differences, value new ideas, demonstrate empathy and strive to promote a caring and supportive environment for all. Our team is building a better world, one community at a time.

Company Overview

At Middleburg Communities, we share a vision for greater value creation through community impact. Our success is rooted in a genuine desire to serve our local communities in thoughtful and holistic ways. By enhancing the lives of others, we contribute positively to neighborhoods and maximize real returns for our partners.

Since 2004 Middleburg has acquired, recapitalized, and developed ,000 apartment units, executing approximately $3 billion in transactions. Headquartered in Vienna, VA with satellite offices in Atlanta, GA, Charlotte, NC, Charleston, SC, and Greenville, SC, Middleburg Communities currently owns and manages approximately 7,000 units.

Middleburg Communities is an equal opportunity employer committed to diversity and inclusion. We welcome qualified applicants from a variety of backgrounds inclusive of their race, color, religion, sexual orientation, gender, gender identity, expression or orientation, genetic information, national origin, age, disability, or status as a disabled or Vietnam-era veteran.