Development Analyst

Realty Capital Residential; Irving (TX); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading real estate development firm in Texas seeks a Development Analyst to participate in all phases of development for multifamily projects. Responsibilities include financial modeling, coordinating design efforts, and managing contractor relationships. Candidates should have 1-3 years of real estate experience and a degree in Finance or related fields. Strong analytical skills and proficiency in Excel are essential. This role offers a dynamic environment and opportunities for growth.

Qualifications

• 1-3 years of real estate development experience, ideally in multifamily or mixed-use projects.
• Financial modeling experience and a strong understanding of project budgets, capital structures, and lender relations.

Responsibilities

• Participate in all phases of the development process for multiple projects.
• Support feasibility underwriting and contract negotiations.
• Lead early-stage project feasibility studies including due diligence.
• Coordinate design consultants to develop construction plans.
• Assist in coordinating the drafting and negotiation of contracts.

Skills

Real estate development experience

Financial modeling

Excel proficiency

Education

Bachelor’s degree in Finance, Accounting, Economics

Tools

Project management platforms

Job description

Position Summary

The Development Analyst will participate in all phases of the development process for multiple projects, from site acquisition through entitlements, design, construction, and lease‑up. This role demands technical expertise, financial acumen, and collaborative leadership to ensure projects are executed efficiently, meet return targets, and reflect the company’s commitment to deliver successful multifamily communities.

• Source new development opportunities and support feasibility underwriting and LOI/contract negotiations in coordination with attorneys and brokers.
• Support acquisition team with due diligence, site evaluations, entitlement research, and consultant coordination.
• Identify and resolve early‑stage development risks through environmental, civil, and title investigations.

Pre-Development & Design Management

• Lead early‑stage project feasibility studies including due diligence, site planning, development schedule, and entitlement strategy.
• Coordinate design consultants (architects, civil engineers, MEPs, landscape, etc.) to develop construction plans aligned with project goals and regulatory requirements.
• Serve as a point of contact with city planning departments, permitting authorities, and utility providers.
• Support entitlement and permitting efforts, including zoning cases, platting, infrastructure agreements, and construction permits.
• Secure necessary public approvals and coordinate utility connections in alignment with project schedules.
• Organize the competitive bidding process with third‑party general contractors, issue RFP’s, level proposals, and lead contractor selection.
• Evaluate construction estimates and value engineering opportunities to keep project budgets aligned with financial targets.
• Assist in coordinating the drafting and negotiation of contracts with land sellers, consultants, and contractors in collaboration with legal counsel.
• Ensure that each project meets defined milestones within the approved schedule.

Construction & Project Execution

• Help oversee the work of general contractors and third‑party vendors through construction administration and delivery.
• Conduct weekly site visits and owner/architect/contractor (OAC) meetings to monitor progress, budget compliance, and schedule.
• Review and pay applications, change orders, and support monthly draw processes with lenders.
• Coordinate timely procurement of the Certificate of Occupancy (CO) to ensure regulatory compliance and seamless transition to occupancy.
• During lease‑up, coordinate building modifications or remodeling needs, such as minor finish adjustments, tenant improvement requests, or layout refinements, based on operational feedback.
• Maintain project proformas, cash flow projections, and cost tracking tools.
• Assist with capital structuring, loan documentation, and lender due diligence.
• Support capital events including closings, refinancings, and capital raise efforts.
• Support internal and external reporting, including investor updates and executive summaries.

Qualifications

Required:

• 1-3 years of real estate development experience, ideally in multifamily or mixed‑use projects.
• Bachelor’s degree in Finance, Accounting, Economics, or related fields.
• Financial modeling experience and a strong understanding of project budgets, capital structures, and lender relations.

Preferred:

• Familiarity with Texas entitlement and permitting processes.
• Experience managing competitive bidding and pre‑construction process.
• Demonstrated success overseeing third‑party design and construction teams through all development phases.
• Proficiency in Excel, project management platforms, and construction documents.