Real Estate Housing Development Analyst

Job Summary

Under the direction of the Director of Development, the Development Analyst is part of a cross-functional team that will be responsible for assisting and managing components of development and rehabilitation projects in our partnership pipeline. This may include projects being developed directly by SAHT; however, the focus will be to facilitate multi-family development partnerships, including initial application, evaluation, structuring, board approval, closing, and construction monitoring of the assets. The Development Analyst will work on tasks related to the development of multi-family housing and other mission-driven real estate development projects.  This position reports directly to the Director of Development.

Essential Job Functions:

• Track and monitor submission of all application package materials, creating physical and digital records for new transactions.
• Ensure coordination of development checklists and processes while maintaining pipeline reports to reflect key deal terms and milestone dates.
• Responsible for collaborating with other members of the Real Estate Development Team and preparing any documentation required from SAHT entities to ensure that critical dates are met for application submission for bond allocations, tax credit allocations, construction/permanent project financing, and any city/state funding for financing gaps.
• Performs a variety of organizational tasks, including but not limited to preparation and distribution of correspondence, calendar and scheduling, and meeting coordination.
• Cost tracking and analysis related to project costs, including processing/monitoring draw requests and change orders.
• Track and monitor development schedules and budgets.
• Coordinate reporting requirements for existing grants and other public sources of funds.
• Schedule meetings and conference calls as directed and prepare meeting materials and minutes of meetings to document follow-up activities and responsible parties.
• Ensure that standardized development files are organized, maintained, and updated.
• Maintain standard forms and templates.
• Prepare project reports and presentations to internal committees, investors, lenders, partners, and community groups.
• Assist in obtaining bids and proposals from vendors and contractors for assigned projects.
• Assist in the analysis of initial and revised development proposals and proformas to determine financial feasibility and compliance with SAHT’s five-year plan and development policies.
• Assist in the Construction monitoring process, including processing monthly draws, forecast reports, and contractor pay applications.
• Assist in preparation of the transaction summary memo and handoff to Asset Management Department including ongoing project revenue provisions and forecast of same.
• Attends construction draw meetings at the site with the general contractor, architect, and development partners.
• Maintains departmental project tracking database.
• Assists as needed in preparation of PowerPoint presentations and memos for committee and board meetings.
• Provides staff support to the Leadership team as needed.

Education and Experience

Equivalent to a bachelor's degree from an accredited college or university with preferable coursework in Real Estate Development, Finance, Construction Management or a related field. 

Three (3) years of experience preferred in development of multi-family residential, commercial development, or related field. A master's degree in a related field may be substituted for experience. This individual should be capable of conducting a financial analysis of multifamily development/rehabilitation projects.

Knowledge, Skills, and Abilities

• Proficiency with Microsoft Word, PowerPoint, Project and Excel
• Strong written, verbal and presentation skills
• Strong analytical and problem-solving skills, detail oriented, with the ability to collect, manage, and analyze information.
• Outstanding presentation, reporting, and communication skills.
• Demonstrated interpersonal and technical skills
• Critical thinking and problem-solving skills.
• Good organizational and time-management skills.
• The candidate should be capable of working in an environment with continually changing priorities and objectives.
• Ability to support multiple projects in parallel and prioritize competing demands
• Strong work ethic and ability to be flexible and multi-task and team player attitude
• An unwavering desire to be a part of a team that understands that giving back to your community is a priority.

Physical Requirements

Physical requirements include visual acuity, speech and hearing; hand and eye coordination and manual dexterity necessary to operate basic office equipment. Subject to sitting, walking, or standing to perform the essential functions. Working conditions are in an office environment. Some local travel may be required.