Candidate will be responsible for assisting the Northeast Regional Development Team and will report directly to the Executive Vice President-Northeast. Primary responsibility includes helping to underwrite development and acquisition opportunities and prepare investment books for investors and lenders that include extensive pro-forma modeling, preparing market analysis reports, comparative rent studies and all related project specific information. This candidate will assist in all aspects of the development process from concept to completion. Additionally, the candidate will be involved in supporting the permitting and entitlement efforts, coordinating and preparing presentations to various municipal bodies including state and local agencies.
In alignment with Corporate goals, specific responsibilities for the Development Analyst will include:
Analyze development and acquisition projects using Excel modeling spreadsheets.
Support office development team members.
Assist Northeast Executive Vice President with various development and financial analysis.
Maintain region-wide market knowledge including tracking development and acquisition activity.
Monitor construction scheduling, hard cost and soft cost through project completion.
Monitor research of Regional and US markets regarding rent, employment, permits and supply and demand trends, including the use of CoStar, Axiometrics, and RealPage analytics.
Assist the construction management team including site visits, monthly draws and punch lists.
Due diligence research on rent, expense, utilities, taxes and pre-development fees.
Preparation of presentation materials to investors, lenders and various municipal authorities.
Provide Asset Management to projects under construction as well as owned assets.
Additional tasks include:
Tracking deal status through monthly reports.
Assist in property management operations budget analysis for completed development projects.
Coordinating due diligence processes from feasibility through lease-up and sale of development projects.
Proficiency in Excel, PowerPoint, Google Docs and Word is required.
Familiarity with design publishing software (InDesign, Photoshop, Illustrator) and architecture software (AutoCAD, SketchUp, Revit) is a plus.
Strong written and verbal skills.
Ability to handle multiple tasks for multiple projects.
Ability to work independently and with a team of a professionals.
Ability to track market data (development pipeline, competing projects).
Strong financial skills in working with detailed financial models.
Ability to help create compelling presentations for zoning and investment offerings.
Knowledge of source and use and flow of funds concepts is helpful.
Professional and Educational Background
Successful candidates will have one to three years multi-family real estate development experience. Bachelor degree in a related field is required (architecture, construction management, real estate). Advanced degree in a related field of study is a plus.
Internal Number: Northeast Region
About Lincoln Property Company
Lincoln Property Company was founded in 1965 as a developer and manager of high-quality residential communities. Their national reputation for successful management of their own properties quickly attracted a large client base of owners and investors who recognized the value that they could provide in development, property management and real estate consulting services, so they added third party management to their lines of service.
Lincoln Military Housing (LMH) was formed in 2001 through a Department of Defense (DoD) contract with parent company Lincoln Property Company. The mission has always been to increase the quality of military housing for our nation's servicemen and women. Since its inception almost 15 years ago, Lincoln Military Housing now provides more than 36,000 family homes for military members across the US. Lincoln Military Housing not only provides professional property management and 24-hour maintenance services, the company prides itself in providing community building activities free to all residents. Lincoln Military Housing is available for members of the Army, Air Force, Navy and Marines as well as Coast Guard and National Guard.
In making applicati...on for employment, you authorize LMH to make an investigation of your employment and personal history including conducting personal and employment-related references with former employers, neighbors, friends or others with whom you are acquainted. You understand that any subsequent offer of employment will be contingent upon the satisfactory completion of a more extensive background check occurring post offer. If you are extended an offer of employment, you must authorize LMH to conduct such further investigation including, but not limited to, a post-offer drug screen, a criminal background and credit check through investigative and/or credit agencies or bureaus of LMH's's choice.