Associate - VP Real Estate Development & Finance

Position Overview The Associate / Senior Associate of Real Estate Development & Finance is a key execution role responsible for supporting and, at more advanced levels, leading the underwriting, structuring, and delivery of real estate development projects. This position operates at the intersection of development, finance, and investment, contributing across the full lifecycle of projects—from acquisition and capitalization through construction and stabilization. The role scales based on experience, with more senior candidates taking ownership of deal execution, workstreams, and stakeholder coordination.

Role Scope by Experience Level Associate (2-5 years) Focus on financial analysis, underwriting, and execution support across transactions and development projects. Senior Associate - VP (4-10 years) Lead deal execution, manage key workstreams, interface with capital partners, and support strategic decision‑making. Key Responsibilities Financial Analysis & Underwriting Build and maintain detailed financial models (development pro formas, cash flows, waterfalls) Analyze investment performance (IRR, NPV, equity multiples, yield-on-cost) Conduct sensitivity analyses and scenario planning Support underwriting assumptions and investment recommendations Deal Execution & Transaction Management Support transactions from initial evaluation through closing Prepare investment memos, presentations, and capital partner materials Development Execution Track development budgets, schedules, and project milestones Monitor construction progress, cost variances, and draw processes Identify risks and support solutions to maintain project performance Capital Markets & Financing Support preparation of debt and equity financing packages Track loan compliance, covenants, and reporting requirements Monitor asset performance relative to pro forma expectations Support leasing, stabilization, and operational strategies Assist in refinancing, recapitalization, and disposition analysis Prepare investor and internal reporting materials Market Research & Strategy Conduct market research on supply/demand, rents, and economic trends Analyze comparable developments and competitive positioning Support site selection and new investment opportunity evaluation Qualifications Education Bachelor's degree in Finance, Real Estate, Economics, or related field MBA or Master's in Real Estate/Finance preferred (especially for Senior Associate level) Experience 2-8 years of relevant experience in: Investment banking or project finance Demonstrated experience in financial modeling and real estate underwriting Senior‑level candidates should have experience managing transactions or major workstreams Core Competencies Technical Skills Advanced Excel and financial modeling (ARGUS a plus) Strong understanding of real estate finance metrics and structures Familiarity with development budgets and construction processes Execution & Analytical Skills Strong attention to detail and organizational skills Ability to manage multiple projects and deadlines Problem‑solving mindset with proactive execution Clear written and verbal communication Ability to prepare polished investment materials Senior‑level candidates: ability to manage consultants and mentor junior staff Ideal Candidate Profile Strong analytical foundation with real estate and finance expertise Ability to translate complex financial analysis into actionable insights Entrepreneurial mindset with a desire to grow into senior leadership Senior-level candidates additionally demonstrate Ownership of deal execution Confidence in stakeholder and investor interaction Leadership in managing processes and teams Accuracy and quality of financial modeling Timeliness and effectiveness of deal execution Contribution to successful project delivery Quality of investment materials and analysis Compensation (Typical Range) Associate: $90K - $140K base + 15%-40% bonus Senior Associate: $120K - $180K base + 25%-75% bonus Potential for long‑term incentives (carry/equity), particularly at senior level Where This Role Adds the Most Value Public‑private partnership (P3) projects Opportunity zone and impact‑driven investments Institutional real estate platforms scaling deployment #J-18808-Ljbffr