Provident is seeking a dynamic and motivated Real Estate Development Analyst to join its Hospitality Group's team in Dallas. The ideal candidate will have a strong desire to help drive projects across the finish line and contribute to the company's overall success.
Requirements
- Perform financial analysis of acquisitions and development opportunities via financial modeling, analysis of cash flows, and application of various valuation methods using Excel.
- Manage the assemblage of debt and equity material for offering memorandums between team-members.
- Assist with the due diligence process associated with acquisitions by performing document control, reading related legal documents and producing abstracts, tracking critical timelines, creating project GANNT charts, tracking down inputs and verifying projections with third parties, and other duties as assigned.
- Participate in the asset management of existing properties including participating in weekly operating calls, market research, contract management, renewals, and administration of operator and brand requirements.
- Assist in the production of quarterly investor reports for various assets/portfolios.
- Prepare presentation materials and proposals for presentation to senior management.
- Familiarity with current real estate and industry trends. Analyze and interpret various data and trends to draw hypothesis on the trajectory of markets, lenders, investors, brands, employers, etc. to “be ahead of the curve”.
- Participate in the management of acquisition and development projects, including feasibility analysis, entitlement processes, financing, design, contracting, and construction management.
- Reviewing draws and managing a contract to the actual cost schedule to ensure vendors remain within budget.
- Participate in Owner, Architect, Contractor meetings, producing minutes for the team.
- Reviewing LOIs, term sheets, and all legal documentation related to investments.
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan