Senior Real Estate Analyst Job in Austin 78746, Texas US

Forestar - Thoughtful Developments with Enduring Value.

Forestar (NYSE: FOR) is a young and growing company with a dynamic blend of experience, commitment and stewardship.  Our mission is to create significant value for our shareholders, customers, partners and employees by growing our business and generating the greatest benefit from each and every acre of our land.  

At Forestar, we know our employees are our most important asset. That’s why we not only hire the best people, but make sure we retain them as well.

Here, you’ll find a culture that is open, straightforward and appreciative of a job well done. You’ll find not only the best led by an extraordinary, proven management team, but also people who look at real estate development from a different perspective — one of commitment, quality and social responsibility.

You will also find a team that is driven — driven to create superior value, exceed customer expectations, work hard, and have fun while doing it.

Our vision is to become the most admired and respected company that we can be. Admired for our success, and respected for our business approach. If you share these values, we want to talk to you. 

We are currently searching for a Senior Real Estate Analyst.

The Senior Real Estate Analyst will support Multifamily Asset Management and Development.  The primary responsibilities include, but are not limited to assisting with asset management duties; financial modeling, client reporting, market research, due diligence, underwriting, and Investment Committee package preparation. 

 

 

Asset Management

·                     Assist with maximizing total returns for each asset through the analysis of property efficiencies and identify opportunities to improve performance

·                     Assist with the review of annual budgeting and quarterly forecasting

·                     Oversee and participate in the creation of monthly, quarterly and annual reporting for clients and senior management

·                     Assist Asset Manager on various analytical and financial issues relating to specific projects

·                     Perform market research to determine/verify underwriting assumptions which help determine project feasibility

·                     Work closely with third party property managers on reporting and key operating metrics

·                     Collaborate with information systems and technology to optimize Yardi system performance

·                     Assist with system set up, configuration and the development of new reports within the  Yardi system

·                     Assist with financing and investment dispositions

·                     Conduct special research and assist with special projects as required

 

Market Research

·                     Analyze and review third party market research reports quarterly and notifying team of relevant trends and/or changes in target markets

·                     Prepare and or update quarterly pipeline reports for targeted markets

·                     Assist with specific strategic market analysis to identified submarket to assess the viability of an existing or proposed project

 

Development

·                     Work collaboratively with the development team in evaluating potential development investment opportunities 

·                     Conducts various aspects of new investment due diligence

·                     Assist and or prepares financial feasibility analysis/ proforma related to proposed new investments including sensitivity analysis

·                     Assists and or prepares Investment Committee packages for proposed new investments

·                     Assist and or prepares materials for equity packages 

·                     Assist the with lender requests including loan and appraisal requests

·                     Assist with equity partner/investor requests including due diligence, pro forma, comps, pipeline

·                     Assist with development budget tracking including: costs-to-date and capital spent spreadsheets

Education Level

Experience Level

 

Competitive compensation and benefits are provided.  Please send your resume and cover letter to:  Careers@forestargroup.com

Thanks in advance.  Forestar is an Equal Opportunity Employer In addition to competitive base salaries, Forestar offers annual bonuses, medical, dental, vision and life insurance benefits, a solid 401k plan with matching and retirement contributions.  We offer an excellent work environment and great upside potential.  For more information see our careers page at:

http://www.forestargroup.com/careers /
Please send your resume and cover letter to:
careers@forestargroup.com