Development Analyst
Required skills
- market studies
- economic trends
- demographic trends
- financial models
- development projects
- entitlement process
- zoning approvals
- permitting
- Microsoft Office Suite
- Excel
Nice to have
- real estate development
- brokerage
- banking
- finance
- accounting
- development process
Role summary
LCOR is seeking a full-time Development Analyst in New York City to support the Development Team. The role involves assisting with the firm's development pipeline, including acquisition, financial underwriting, entitlement, design, permitting, construction, and lease-up. Responsibilities include market research, financial modeling, presentation preparation, data management, and project support. The ideal candidate will have 2-4 years of experience in real estate development, finance, or accounting, with strong quantitative and communication skills, and advanced knowledge of Microsoft Office Suite.
LCOR is seeking a highly motivated full-time Development Analyst to join its Development Team in New York City. The Analyst will support the Development Team and assist in the day-to-day execution of the firm’s development pipeline, which includes tasks ranging from acquisition, financial underwriting, entitlement, design, permitting, construction, and lease-up.
Primary Responsibilities will include:
- Create, track and present market studies to establish an intimate knowledge base of target markets/submarkets.
- Research economic and demographic trends and maintain database of information.
- Prepare and assemble presentations, investment memos, construction/design update memos, and other corresponding reports/presentations utilizing PowerPoint, Excel and MS Word.
- Assist in creating financial models and other analyses to support the execution of development projects and agreements with third parties, including performing partner and industry research.
- Lead special projects and assignments as they arise internally and throughout the development process. Support the team with entitlement process including zoning approvals, design and permitting.
- Collaborate with internal and external resources to compile a database of key information regarding existing and ongoing projects.
- Additional duties as needed.
Skills & Requirements:
- Bachelor’s degree preferred. 2-4 years of previous experience in real estate development, brokerage, banking, finance or accounting preferred, including a general familiarity of the development process in the New York Metro Area.
- Demonstrated history of financial underwriting, modeling and reporting experience preferred. Strong quantitative background and understanding of real estate deal capitalization.
- Well-rounded: ability to wear multiple “hats” in a fast-paced environment that requires an interdisciplinary mindset and aptitude to learn quickly.
- A large part of the Development Analyst’s communication is with professionals outside of the Company: strong professional written and verbal communication skills required.
- Ability to handle large volume of work; excellent organizational skills and ability to prioritize work to meet deadlines.
- Candidate should be enthusiastic and motivated to succeed in a team environment.
- Advanced knowledge of Microsoft Office Suite, including Excel, Word and PowerPoint.
To learn more about us, please visit our website at www.LCOR.com. We offer a competitive salary ($100k Yearly), a generous benefits package and a friendly work environment!.
LCOR is an equal opportunity employer and is committed to providing equal employment and opportunities to veterans and disabled individuals as well as other protected veterans.
LCOR is a fully integrated investment, management and development company. Our specialty is in developing and managing multifamily, commercial, and mixed-use properties throughout the Northeast. With Corporate offices in New York City, Washington D.C. metro area and Chesterbrook, PA.
