Greystar Management

Receive alerts when this company posts new jobs.

Similar Jobs

Job Details

Development Analyst

at Greystar Management

Posted: 10/3/2019
Job Reference #: 699931

Job Description

Development Analyst

Development 001 Austin

Job Description
Greystar, a fully-integrated national multifamily investment, development, and property management company is looking for a Development Analyst in our Austin office.
Greystar is looking for a highly-motivated, self-starter to assist with underwriting new target opportunities and processing existing development pursuits. The Development Analyst will assist the Development Team within all aspects of real estate development including, but not limited to: financial analysis of development opportunities, creating pro-forma and financial models, preparing investment memoranda, participate in site due diligence, financing, design and construction oversight.

Requisition Number

Address Line 1
6300 Bridge Point Parkway

The ideal candidate will possess:
  • Expert-level proficiency in Microsoft Excel in order to complete, design, and develop required reports and documents.
  • Thorough knowledge of real estate finance, key return metrics, and impactful deal assumptions
  • Excellent interpersonal and relationship-management skills in order to establish, cultivate, and maintain productive relationships with brokers, institutional and equity partners, owners, lenders, and the variety of potential clients with whom Greystar does business.
  • Strong organizational, time-management, and project management skills with the ability to manage multiple deadlines.

Zip Code

Key responsibilities will include:
  • Perform financial analysis and due diligence for new development opportunities; assisting in underwriting, cash flow, and sensitivity analysis; responding to Requests for Qualifications or Proposals; and communicating with local brokers to advance site selection.
  • Research and analyses: benchmark economic activity in target markets by tracking rents, sales comparables, operating costs, competitive supply and economic expansion activity.
  • Assist in preparing business plans, including deal memorandums, financial forecasts and strategic plans for the internal investment committee as well as external debt and equity partners.
  • Research potential sites by physically observing and visiting to better understand the market, as well as curating vast amounts of data for the market and submarket to present key takeaways and suggestions.
  • Attend Owner-Architect-Contractor meetings and prepare required reports for ownership.
  • Assist in coordinating construction draws, forecasting project budgets and cash flows, and managing project deliverables.
  • Review vendor proposals, negotiate agreements, maintain vendor relationships, and process invoices.
  • Assist in meeting coordination/scheduling, documenting meeting minutes, and file organization as directed.

Job Category

About Us
Greystar™ is the global leader in multifamily real estate, offering expertise in property management, investment management, and development and construction of rental housing. Established in 1993, Greystar™ is the largest property management operator in the world. Its dedicated team members and a commitment to hiring the very best multifamily professionals has resulted in record growth, making Greystar™ one of the most respected and trusted real estate companies. EOE.

Job Classification
Full-Time Regular



Work Location
Pipeline - Q1/Q2

Recruiter Last Name