Job Details

Overview

The Analyst II will support the Finance and Development Teams and will be involved with market research, locating developable properties, land acquisitions, preparing financial analysis, acquisition models, leasing analysis, due diligence, land-use issues, financial closings, entitlement issues and negotiations, preparation of project reports, budget preparation/tracking, and coordination with various levels of governmental agency review and oversight.

Analysts have an option to join Gilbane's Developer in Training Program, providing a unique path for aspiring real estate professionals. Participants will start as analysts in Providence, working closely with our finance and development teams. This immersive experience will grant full exposure to the real estate development process. Successful trainees may have a future opportunity to join one of our development teams across the country, contingent on performance and available opportunities.

Responsibilities

• Analyze the feasibility of proposed development projects and real estate acquisitions
• Conduct market research to assist in the assessment of sub-markets, identify opportunities, prioritizing targets, and forecast and analyze trends of general business conditions
• Research and communicate with owners of developable sites within target markets
• Responsible for managing project proformas
• Analyze quantitative and qualitative data to propose and present developable sites to Development Team
• Assist in financial closings and due diligence
• Assist in growing Company's research capability
• Participate in the review of new deals/transactions
• Assist with real estate acquisition due diligence
• Evaluate and track the performance of completed projects and asset dispositions against benchmarks, hurdles, and original underwriting projections

Qualifications

EXPERIENCE/EDUCATION

• Bachelor's Degree required, Real Estate or Finance preferred
• Master's Degree preferred
• 2+ years' experience in a similar position

KNOWLEDGE, SKILLS & ABILITIES

• Good understanding of land and zoning issues as well as financial concepts such as Yield on Cost, IRR, Cap Rates and NPV
• Strong financial modeling and analytical skills as well as strong communication skills
• Excellent computer skills (Excel, GIS, Google Maps, Costar, LandVision, Axiometrics)
• Ability to analyze the merits and/or risks of a particular investment
• Involvement in database management, trends analysis and preparation of new business presentations
• Curious and creative with working knowledge of real estate and business sense
• Ability to work independently on complex projects

Salary to be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data.

For Providence, RI this ranges from $75,000 - $105,000.00 plus benefits and retirement program.