Development Analyst

Cardinal Group; Denver, Northern (CO, KY); Hybrid; USD 60,000 - 65,000; Full time

Benefits offered by this job

Unparalleled company

Ongoing training

Unlimited PTO policy

Job summary

Cardinal Group is seeking a Development Analyst to support ground-up Student Housing opportunities. You will perform financial analysis, market research, and prepare investment committee materials to aid capital formation.

The ideal candidate has 2+ years in commercial real estate, a related bachelor’s degree, and advanced Excel/PowerPoint skills, with excellent written and verbal communication and strong analytical abilities. Occasional travel may be required to support deals.

Qualifications

• 2+ years of commercial real estate experience as an analyst or equivalent role.
• Bachelor’s degree in Business, Finance, Economics, Real Estate or related field.
• Proficiency in Excel and PowerPoint.
• Excellent written and verbal communication skills.
• Strong analytical and problem-solving abilities.
• Ability to travel when needed.

Responsibilities

• Market analysis of top Student Housing markets nationwide.
• Underwrite ground-up developments and manage proforma updates.
• Prepare Investment Committee presentations for new development opportunities.
• Assist in deal presentations to debt and equity partners.
• Identify development opportunities with the Deal Team, including land sourcing and zoning analysis.
• Demonstrated proficiency in Excel modeling and PowerPoint presentations.

Skills

Communication skills

Analytical thinking

Team player

Problem solving

Attention to detail

Education

Bachelor’s degree in Business or Real Estate

Tools

Excel

PowerPoint

Job description

POSITION: Development Analyst (Full Time, Exempt)

COMPENSATION: Pursuant to Colorado regulations, if this job is performed in Colorado, the salary range is $60,000 - $65,000 plus bonus potential. Eligible to participate in the company benefits plan. We offer health, vision, dental, and pet insurance. We offer a 401(k) retirement plan, student loan assistance, licensing and continuing education reimbursement, parental leave, and housing allowances or gifts.

DIRECT REPORT: SVP, Head of Development

SUMMARY

This position will play a vital role in supporting the Development Team in the analysis and execution of new, ground-up Student Housing development projects. Responsibilities will include performing financial analysis and market research, preparing investment committee presentations, assist in capital raising, and supporting the Deal Team in identifying new development opportunities. The ideal candidate will possess strong analytical skills, in-depth knowledge of real estate markets, and the ability to thrive in a fast-paced environment.

RESPONSIBILITIES

(Including but not limited to; varies depending on project type)

• Market Analysis – Maintain detailed and updated market data for top Student Housing markets nationwide. Track and provide analysis of supply/demand trends, rent growth and occupancy.
• Underwriting – assist in underwriting new, ground-up Student Housing developments and manage proforma updates from the construction management, development and capital markets teams.
• Prepare detailed Investment Committee presentations for new development opportunities and assist in deal presentations to capital partners including debt & equity.
• Work with Deal Team to identify new development opportunities including sourcing land, analyzing zoning code and negotiating deals.
• Demonstrated proficiency in Excel modeling and PowerPoint presentations
• Be a strong team player willing to participate in all aspects of the Development process and deal life cycle

QUALIFICATIONS

• 2+ years of commercial real estate experience as an analyst or equivalent role, real estate development or student housing experience a plus.
• Bachelor’s degree in Business, Finance, Economics, Real Estate or related field
• Demonstrated proficiency in Excel and PowerPoint
• Excellent written and verbal communication skills
• Advanced critical thinking skills, exhibited by the ability to take information from a wide variety of sources and synthesize/analyze the information to source new opportunities
• Excellent written and verbal communication skills
• Strong interpersonal skills and problem-solving ability
• Excellent analytical skills, attention to detail and a strong work ethic
• Ability to solve problems and think outside-of-the-box
• Build and maintain strong relationships and establish strong interpersonal connections
• Ability to travel when needed to fulfill project responsibilities

ADDITIONAL BENEFITS

• Unparalleled company
• Ongoing training
• Exceptional full suite of benefits including an unlimited PTO policy

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.