#REQ4963
the role may be involved in high level strategic planning across all regions. This Senior Real Estate Development Analyst will have ownership of all financial aspects of the real estate development process and high exposure to decision makers.
What You Will Do
Create and manage dynamic pro forma models for retail, office, multi-family, and complex mixed-use development projects.
Analyze the financial performance and value of potential acquisitions, developments, dispositions, and current properties and prepare investment and strategic planning recommendations.
Prepare investment-grade analysis and presentations for review by board and capital committee that clearly and concisely illustrate development underwriting, market data, and strategic business plans.
Manage monthly, quarterly, and annual budgeting, cashflow forecasting, and reporting processes including coordination with accounting, FP&A, and external consultants and contractors.
Support coordination with external vendors and contractors to grow network, solicit proposals, negotiate pricing, and process contracts.
Analyze potential lease deals with a focus on net present value analysis, review and comment on income statements and balance sheets, as well as lease terms and conditions.
Collaborate with internal and external leasing teams on deal flow and economics to provide analytical support.
Support strategic planning efforts including creating processes, managing pipeline documents and reporting, and managing annual budgeting.
Support the sourcing of construction financing, including preparation of detailed financial models, compiling lender diligence items, and organizing third party reports.
Research and present in-depth analysis on industry benchmarks, demographic profiles, economics and market trends, and competitor research to facilitate management decision-making.
Other responsibilities, ad-hoc projects, and interdisciplinary assignments as required.
About You
Bachelor's Degree with an emphasis on real estate, finance, economics, accounting, or a related field. Graduate degree preferred but not required.
Minimum 3-5 years' experience as a financial analyst required in commercial real estate development, investments, or asset management.
Proven experience underwriting multiple property types with a preference for retail, mixed-use, and multi-family projects.
Expert-level Excel modeling skills, including creation and ongoing management of dynamic development pro formas, scenario analysis, and concise data visualization.
Demonstrated understanding of real estate investment metrics, partnership structures, development budgets, and construction process.
Investment grade written and verbal communication skills with experience preparing board and committee-level PowerPoint decks and memorandums.
Ability to work independently and as part of a team with exceptional organizational skills and a strong proficiency with managing multiple projects and meeting deadlines in a demanding, fast-paced work environment.
Interest in Artificial Intelligence and gaining efficiency in development analysis and processes through use AI tools.
Inquisitive and intellectually curious with the ability to exercise sound judgement when making decisions.
Good problem solving/creative thinking skills, pro-active, and resourceful with a "can-do" attitude.
Must have expert knowledge of Microsoft Office software products, including Excel, PowerPoint, Word, Teams, and Projects.
Benefits Built for You
At Howard Hughes Communities, we offer competitive, market-based compensation that rewards performance and supports career growth. Our comprehensive benefits package designed to support employees at every stage of their career, is focused on holistic wellness-social, emotional, financial, and physical.
Competitive 401k plan
Generous PTO policy
Premium medical, dental, and vision coverage
Voluntary benefits for unexpected life events
Student loan assistance and stipends to assist with lifelong learning
About Howard Hughes Communities
Howard Hughes Communities develops, owns, and operates the nation's premier large-scale master planned communities and mixed-use developments. Our award-winning portfolio includes The Woodlands®, Bridgeland®, and The Woodlands Hills® in Greater Houston; Summerlin® in Las Vegas; Teravalis™ in Greater Phoenix; Ward Village® in Honolulu; and Merriweather District® in Columbia, Maryland. Strategically positioned to meet and accelerate development based on market demand, we offer one of the strongest real estate platforms in the country. Learn more at communities.howardhughes.com .
NOTICE TO THIRD-PARTY AGENCIES
Please note that Howard Hughes Communities does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, Howard Hughes Communities will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, Howard Hughes Communities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Howard Hughes Communities.