RiseMe
Fairstead ESC logo
Fairstead ESC Verified
Real Estate

Development Analyst

Washington, DCOnsiteFull Time$85,000–$85,000 /yrPosted 2 months agoVisa sponsorship available

Is this role right for you?

Upload your resume and get a skill-by-skill breakdown — see exactly where you match, where you're close, and what to highlight. Not a mystery percentage.

Get a tailored resume highlighting what this role needs.

Required skills

  • development budget
  • predevelopment budget
  • cash forecast
  • rent rolls
  • T-12s
  • property level reports
  • AP systems
  • file management system
  • naming conventions
  • meeting minutes

Nice to have

  • finance
  • accounting
  • legal
  • urban planning

Role summary

Fairstead is seeking a Development Analyst to support its Affordable Housing Development platform, focusing on acquisition and new construction throughout the US. Responsibilities include reviewing financial information, analyzing ledgers and property reports, managing AP systems, coordinating meetings, maintaining file systems, tracking invoices, compiling construction draws, and assisting with due diligence for affordable housing projects (Section 8, LIHTC). The role also involves supporting analyses of project delays and cost overruns, preparing client communications, and coordinating with internal teams. A Bachelor's degree in a related field is required, with a Master's in Real Estate Development preferred. Strong analytical, research, writing, and project management skills are essential, along with intermediate to advanced Excel proficiency and a passion for affordable housing.

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 30,000 apartments, including pipeline, across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated. We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders.

Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing. In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency. We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.

The Analyst, Development contributes to all aspects of the company’s Affordable Housing Development platform that focuses on housing located throughout the US – inclusive of both acquisition and new construction.

Responsibilities:

  • Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
  • Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
  • Collect vendor information necessary for setting up AP systems
  • Coordinate meetings for assigned deals both internally and externally for assigned deals
  • Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
  • Compile and submit meeting minutes for all attended calls as directed by deal leads
  • Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
  • Compile monthly construction draws for review and approval by senior development staff
  • Travel to subject properties at the direction of senior staff
  • Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US.
  • Compilation of due diligence information including financial, market, site, and regulatory data
  • Coordinate and assist community meetings and governmental approval processes
  • Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
  • Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
  • Coordinate with appropriate personnel including team analysts, clerical support, and others
  • Prepare client communications for senior level review
  • Work directly with Senior Associate/Associate on project

    • Requirements:

  • Bachelor’s Degree in related field, Masters in Real Estate Development or similar degree preferred
  • Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning.
  • Ability to demonstrate interest in real estate development
  • Strong desire to learn new skills
  • Exceptional research and writing abilities.
  • Strong project management skills
  • Must be a detail-oriented person with outstanding analytical skills.
  • Strong analytical skills and ability to multi-task in a constantly changing environment
  • Highly driven and values entrepreneurialism; works well with limited direction.
  • Strong computer skills, Intermediate to advance Excel Skills strongly preferred.
  • Desire to contribute to the creation and preservation of affordable housing

    • Exact compensation may vary based on skills, experience, and location.

    Salary Range$85,000—$85,000 USD

    Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

    For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at

    https://fairstead.com/privacy-policy/

    Ready to apply?
    You'll be redirected to Fairstead ESC's application page.

    Similar roles

    See how RiseMe works

    Match, tailor, and prep so you send fewer applications and land more interviews.