Development Analyst

Greystar; Den Haag; On-site; EUR 60,000 - 90,000; Full time

Job summary

Greystar is seeking a Development Analyst in The Hague to support its multifamily/build-to-rent and student developments across markets. You will perform financial analyses, build detailed pro-forma models, and prepare market reports to inform underwriting and decision making.

Engage with developers, brokers, and investors, manage due diligence, monitor project budgets and timelines, and deliver clear, data-driven insights toGreystar leadership.

Qualifications

• Educated to degree level or equivalent in finance, real estate, economics or a related analytical subject.
• Strong IT literacy and advanced Excel and PowerPoint skills.
• Familiarity with building regulations, planning, and construction processes is a plus.

Responsibilities

• Conduct financial analysis of development opportunities and build detailed pro-forma and financial models.
• Gather market data and prepare development memoranda and market reports for underwriting.
• Establish relationships with developers, brokers, equity partners, lenders, and stakeholders.
• Monitor project progress, budgets, and timelines; provide updates to the development team and leadership.
• Lead or participate in due diligence and prepare documentation for new business pitches and transactions.

Skills

Financial modelling

Valuations

Market analysis

Due diligence

Stakeholder mgmt

Communication

Education

Finance or Real Estate degree

Economics

STEM background

Tools

Excel

PowerPoint

Job description

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

The Development Analyst supports the execution of Greystar’s development platform by performing (financial) analysis of development opportunities, preparing appropriate information and documents to facilitate the underwriting and closing of real estate transactions, interfacing with (land) developers, brokers, equity partners, institutional clients, and Greystar’s leadership, and tracking and reporting on the status of multifamily (build-to-rent) and student (PBSA) transactions within the assigned geographic markets.

Key Role Responsibilities

• Conduct (financial) analysis of development opportunities, including the creation of detailed pro-forma and financial models.
• Gather, compile, investigate, and analyse market data to identify potential development opportunities, and prepare narrative development memoranda, detailed reports, and market summaries that provide insights on proposed acquisitions.
• Establish and maintain productive relationships with local (land) developers, market brokers, institutional and equity partners, lenders, real estate owners, and other key stakeholders, and appropriately manage on-going communication related to proposed development transactions.
• Maintain ongoing communications within the development team, and other key business leaders affiliated with the project to provide periodic updates on the progress against schedule (programme) and budgets, resolve issues that may compromise the project delivery schedule or costs, and respond quickly and with urgency to questions, concerns, and requests for information.
• Identify, investigate, and refer potential acquisitions and other real estate transactions to appropriate Greystar leadership, and assists in preparing financial, market, and other documents required for new business pitches and RFPs.
• Organise, lead, and/or participate in the due diligence on properties under contract, and develop documentation and recommendations on key findings that may affect the return and financial performance of the proposed deal.
• Monitor and report on the status and progress of proposed development transactions within the assigned geographic region, establish critical timelines and deadlines for tasks and activities related to the proposed transaction, and identify and effectively address issues or problems that could otherwise adversely affect closing.
• Complete various human resources, financial, administrative, and other reports and analysis, and perform other duties as assigned or as necessary.

Development Management support on:

• acquisition process with commercial and technical development knowledge design processes from initial design up until realisation collaborations with partners, suppliers and contractors
• project reporting related to progress, budget and timelines
• legal documentation and agreements with municipalities, advisors and contractors setting up initial development budgets

Knowledge & Qualifications

Educated to degree level or equivalent in a related business or analytical subject; such as finance, business management, real estate, accounting, economics or any STEM discipline. IT literate and fully conversant with all Microsoft packages including PowerPoint (Advanced level) and Excel (Advanced level). General understanding and/or interest to learn about building regulations, technical building specifications, planning application processes and construction processes. Knowledge of multifamily (build to rent), student (PBSA) or related industry developments.

Experience & Skills

• Experience in an analytical role within the real estate sector (internships, previous/current development experience).
• Proven exposure in financial modelling, valuations and financial analysis.
• Experience in research gathering, analysis, reporting and presentation of financial and business specific data.
• Highly numerate, with strong quantitative and qualitative analytical skills and attention to detail.
• Strong written and verbal communication skills; including the ability to effectively write and present reports and information.
• Excellent interpersonal skills including the ability to establish and maintain positive relationships.
• Good organisation skills and the ability to work effectively under pressure and to deadlines.
• Naturally inquisitive and commercially minded, with a desire to understand the bigger picture and contribute to understanding and solving problems.
• A positive team player, with an adaptable and flexible approach along with ability to work collaboratively to drive results and support the wider team and business objectives.
• An ability to identify and appreciate the needs/strengths of others to help achieve business objectives optimally.
• An interest in Real Estate.
• Fluency in English (essential) and Dutch (preferred).

Important Notice

Greystar will never request your banking details or other sensitive personal information during the interview process.

Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to [e-mail].

Our continued success depends on our people. If you are looking for a career that values dedication, collaboration, and integrity, we are looking for you! Greystar is a vertically integrated real estate company offering expertise in property management, investment management, and development & construction globally. Today, we are the largest rental housing operator and developer in the US and one of the largest global investment management companies delivering industry-leading services to investors, clients, and residents. Please explore the current open positions, apply to a role(s) that you feel will suit you and your skillset. You can keep track of your applications and the process here in your Candidate Home. Thank you for your interest in working at Greystar!!

As a Greystar team member, you will hear a lot about our Core Values. They are the values we live and work by, reflecting who we are and the quality of our relationships. We believe in always going that extra step for our residents, clients, investors, and each other.

Integrity

We stay true to the highest ethical standards and principles, and are honest, trustworthy, humble, and respectful in all of our words and actions.

Equality

We celebrate individual differences, encourage diversity of thought, provide equality of opportunity, and cultivate an environment where all individuals are seen, treated, and valued equally.

Professionalism

We proudly present a positive, dignified, and businesslike image at all times through our appearances, behavior, and interactions with others.

Accountability

We take responsibility and accept ownership for our words, actions, tasks, and results, and respectfully hold others to the same standard.

Service

We make service our top priority by giving our time, knowledge, and experience to serve the needs of our customers, community, and team members.

Teamwork

We work together to accomplish goals, solve problems, and enrich our work environment.

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.