We are seeking an experienced financial modeler to assist with the financial aspects of real estate development projects. This includes developing, refining, and analyzing financial models to support a variety of project types, ranging from single-phase developments like industrial flex condos to complex, multi-phase mixed-use developments.
**Key Responsibilities:**
– Develop and refine financial models to analyze project feasibility, including capital structure, net income projections, and return metrics (IRR, NPV, etc.).
– Analyze and recommend financing strategies, including loan-to-cost ratios, net worth requirements, and liquidity metrics.
– Conduct sensitivity analyses to assess the impact of variables such as rent growth, vacancy rates, and cost escalations.
– Create pro forma projections to support loan applications and investment pitches.
– Evaluate market conditions to align financial assumptions with current trends.
– Collaborate with project teams to integrate construction timelines, leasing assumptions, and sale forecasts into financial projections.
– Prepare financial summaries and reports to communicate findings to stakeholders.
**Requirements:**
– Proven experience in real estate financial modeling, with proficiency in tools like Excel or specialized real estate software.
– Strong understanding of construction financing, real estate development lifecycles, and market analysis.
– Ability to handle financial modeling for both simple and complex developments, including multi-phase projects.
– Attention to detail, ensuring models are accurate, logical, and aligned with project realities.
– Excellent communication skills to explain financial insights to both technical and non-technical audiences.
**Ideal Candidate:**
– Has prior experience with industrial and mixed-use developments, including familiarity with market dynamics and trends.
– Is adept at creating models for funding strategies, including equity, debt, and hybrid financing structures.
– Has a track record of working with development teams, lenders, and investors.
If you are passionate about real estate development and have a proven track record of financial modeling excellence, we would love to hear from you!