Development Analyst - Real Estate Finance & Modeling

CenterCal Properties, LLC; El Segundo (CA); On-site; USD 80,000 - 115,000; Full time

Job summary

CenterCal Properties, LLC in El Segundo, CA is seeking a Development Analyst to assist across deal sourcing, underwriting, financing, lease-up, and stabilization of projects. You will build cash flow models in Argus and Excel and perform market research to support feasibility analyses.

The role reports to the Senior Associate and requires 2–3 years in financial or real estate analysis, with a base salary range of $80,000–$115,000 per year plus a discretionary bonus.

Qualifications

• Bachelor's degree in finance, real estate, economics or a related field.
• Minimum 2-3 years of full-time experience as a financial or real estate analyst.
• Cash flow modeling experience in Excel and Argus.

Responsibilities

• Prepare cash flow and pro forma financial models in Argus and Excel as part of underwriting process.
• Perform market research including rent and sales comparables, competition assessments, market vacancy/saturation reports, zoning analysis, consumer behavior, etc.
• Conduct detailed feasibility analysis of potential new developments including evaluation and modification of financial models for retail, residential, and other products; support negotiation of tenant leases; analyze costs vs. similar projects; review land use and design constraints.
• Prepare investment memoranda and related reports for senior management and Investment Committee review.
• Coordinate due diligence and closing processes with Sellers, Lenders, 3rd party consultants, and CenterCal team members.
• Assist coordination with architects and consultants throughout development process.
• Support entitlement and permitting by interfacing with local governments and agencies.
• Work with construction department to establish and maintain cost estimates for pro forma models.
• Manage monthly development reports, debt and equity draws, and pro-forma updates.
• Interface with internal and external parties to generate and advance pipeline projects.

Skills

Financial underwriting

Analytical skills

Communication skills

Attention to detail

Team collaboration

Education

Bachelor's degree in finance/real estate/economics

Tools

Excel

Argus

Job description

CenterCal Properties, LLC in El Segundo, CA is seeking a Development Analyst to assist across deal sourcing, underwriting, financing, lease-up, and stabilization of projects. You will build cash flow models in Argus and Excel and perform market research to support feasibility analyses.

The role reports to the Senior Associate and requires 2–3 years in financial or real estate analysis, with a base salary range of $80,000–$115,000 per year plus a discretionary bonus.