Development Analyst

Location: Corporate Denver

Address: 1700 Broadway Suite 200, Denver CO 80290

Are you interested in a career where customers, colleagues, and community service are the cornerstones of your work? Would you like to work with a company that celebrates victories both big and small and welcomes ideas from all levels of our team? If so, join us here at Avanti Residential! Our moto is Sempre Avanti, meaning “Always Forward”/ “Always Welcome.” We are “people people” through our mission and core values. We enhance our communities with our work, see all members of our team as leaders, and live La Bella Vita (The Beautiful Life). With endless opportunities for personal and professional growth, the sky’s the limit when advancing your career and being the best you can be. There is a place for you at Avanti Residential. Join us today!

The Development Analyst will work closely with senior management in the pursuit of new real estate development opportunities and business decision analytics. Oversight of these functions and performance of all related duties will need to be performed with minimal direction.

What You’ll Do…

• Work with the acquisitions team to perform financial modeling on potential investment opportunities in targeted real estate markets including, but not limited to 1.) Generating supportable income, expense, and CapEx projections, 2.) Analyzing various financing and stress test scenarios, 3.) Identifying and developing a business plan to drive yield and 4.) Performing market survey, demographic, and economic analysis to support submarket locations.
• Maintain integrity and expand the functionality of Avanti Residential’s proprietary Excel-based financial models Create new financial forecasts as necessary such as 1.) Translating legalese in operating agreements to financial waterfalls, 2.) Developing custom Excel models to inform management of operation metrics, 3.) Creating scenario analysis for dispositions or recapitalizations.
• Perform a key role in new acquisition due diligence analysis, and ongoing financial underwriting, and collaborate with the transaction management team throughout the acquisition process.
• Assist acquisition/investor relations team in assembling offering materials including, 1.) Drafting investment-related property overview materials, financial information, et. al 2.) Assisting in the aggregation of investor information and legal materials as necessary.
• Produce financial packages for debt and equity.
• Collaborate with property management and asset management team on business plan development; document and communicate final deal points to facilitate a successful handoff to the operating team.
• Source loan quotes from lending partners on potential new acquisitions as well as existing asset refinance or supplemental loans.
• Perform a key role in new development sites, opportunities, due diligence analysis, and ongoing financial underwriting.
• Develop proprietary complex Excel models as needed to inform management of operation metrics.
• Assist the acquisitions team in gathering and analyzing market and economic information.

What We’re Looking For…

• Thorough understanding of commercial real estate finance and variation.
• Microsoft Excel and database management knowledge.
• Analytical skills and attention to detail.
• Interpersonal and written communication skills

Requirements

What You’ll Need to Qualify…

• Bachelor’s degree in finance, economics, business, or real estate required.
• Master’s degree with an MBA in Real Estate preferred.
• 3+ years of multi-family commercial real estate experience required.

What We Require…

• Possession of valid driver’s license and up to date vehicle insurance OR reliable transportation.
• Pass criminal background screening prior to employment.

What You Can Expect…

• Ability and willingness to occasionally work overtime.
• Ability and willingness to travel to tour sites—Drive Lender/Equity tours. Work in the office MOST of the time.
• Some travel to properties owned and operated by Avanti Residential.

What We Do For You…

• Up to 20% apartment discount.
• Continuing education and tuition reimbursement.
• A generous PTO policy.
• Health and wellness benefits include Medical/HSA/FSA/Dental/Vision/STD/LTD and many other benefits to meet your specific needs.
• 4% company match for your 401k.
• The Avanti Shares program where a portion of the company’s transactional profits are awarded to you. The longer you stay, the higher your return.
• Avanti Cares Program that helps employees in financial need.
• Tenure based Anniversary Recess.
• Leadership Recognition.
• Avanti Advisors Program to help new hires with onboarding.

Avanti Residential is an Equal Opportunity Employer and is committed to diversity in its workplace; applicants from all backgrounds are encouraged to apply. If you are interested in applying for a position with Avanti and need special assistance or accommodation to use our website, please contact [email protected].

Salary Description

$70,000 – $90,000