Job Description

Job Description

Job Description

Summary Duties and Responsibilities:

The Real Estate Development Analyst will work in the Real Estate Development division under the Senior Director of Real Estate Development to assist in the due diligence and implementation of real estate development projects. This position is an entry-level position that will serve as a starting point for a career in affordable housing development, real estate development and/or non-profit management.

Essential Functions and Work Duties: 

The following essential functions of this position are performed personally, in cooperation with the supervisor, and/or in coordination with other staff. Additional work functions and duties may be assigned.

• Assist with the preparation of feasibility analysis responding to project criteria, including needs, population service, financial feasibility, and community plan as needed.
• Assist with the preparation of competitive LIHTC and tax-exempt bond application submittals, additional subsidy requests, and lender applications.

• As part of initial due diligence, assist with compilation and presentation of information for all future development projects to include competitive applications for tax-exempt bonds, LIHTC, HOME funds, HUD, grants and other affordable housing finance programs as well as Requests for Proposals for land and other opportunities. 

• Assist with the completion of all tasks necessary to obtain approvals related to development projects, including submission of required documents.

• Create and maintain internal reporting documents assigned by Real Estate Development team.

• Organize and disseminate official reports, records, and documents, and ensure compliance with federal, state, and local regulations and reporting requirements.

• Compile industry, market and competitor research and analysis.

• Maintain knowledge of current affordable housing trends, issues and financing sources both in Southern Nevada and nationally.

• Organize and file legal documents and third-party reports as part of the due diligence/closing process for acquisitions, development and financing. 

• Manage and refine checklists to ensure timely and smooth financial closings. 

• Maintain project Smartsheet for assigned projects.

• Be a resource to RE Development team on technical issues surrounding development projects at various stages of completion.

Other Functions and Work Duties:

• Contribute to various other miscellaneous projects as needed.

• Coordinate specific work tasks with other personnel within the department as well as with other departments to ensure the smooth and accurate flow of work and information.

• Perform tasks which are supportive in nature of the essential functions of the job, but which may be altered or re-designed upon individual circumstances.

Qualifications and Skills Required: 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Requirements listed below are representative of the knowledge, skill and/or ability   required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience:

• Bachelor’s degree or a professional certificate in Finance, Real Estate or business-related field preferred.

• Must have excellent written and verbal communication skills.

• Must have extensive knowledge of Microsoft Office software (Excel, Word, and PowerPoint).

• Experience in real estate, community development, finance or similar field that requires financial analysis with experience with Microsoft Excel-based financial modelling, specifically the ability to build a proforma from scratch preferred.

Skills and Abilities:

• Must have ability to work independently and with others and have the ability to organize and prioritize tasks and to work closely with all Nevada HAND affiliates. 

• Highly developed verbal and written communication skills. 

• Ability to read, write and speak in English.

• Proficient reading, writing, grammar and mathematical skills.

• Ability to multitask and prioritize.

• Ability to meet multiple deadlines.

• Experience with Smartsheets preferred.

• Ability to create attractive presentation materials and slide decks is preferred.

• Expertise in Adobe Creative Cloud or similar presentation-related software preferred.

Physical Requirements: 

• Stooping - frequently bending body downward and forward by bending spine at the waist, requiring full use of the lower extremities and back muscles.

• Kneeling - frequently bending legs at knees to come to rest on knee or knees.

• Reaching - frequently extending hand(s) or arm(s) in any direction.

• Handling - frequently seizing, holding, grasping, turning, or otherwise working with hand or hands.

• Ability to transport files up to approximately 20 pounds.

• Ability to lift files up to 20 pounds from the ground level to 4 feet in height and move them from shelf to shelf in storage.

• Walking- moving about on foot to accomplish tasks, particularly walking the property.

• Regularly required to use hand-to-finger, handle, or feel, reach with hands and arms, and talk or hear using telephone, computer keyboard, mouse and calculator while sitting at a desk.

• Able to sit at desk for extended periods of time.

• Specific vision abilities required by this job include close vision, depth perception and ability to adjust focus.

• Light work: Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.

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