Development Associate at The Annex Group

Fishers, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Jun, 26

Salary

75000.0

Posted On

03 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Proforma Preparation, Due Diligence Review, Negotiation, Relationship Building, Communication, Listening, Organization, Conflict Management, Prioritization, Multi-tasking, Interpersonal Skills, Team Player, Self-Motivated, Adaptability, Dependability, Customer Service

Industry

Real Estate

Description

Description POSITION OVERVIEW: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. ESSENTIAL DUTIES: Include but are not necessarily limited to the following: Identify viable real estate to develop or acquire projects that fit the goals of the Company Research various quantitative data to support a new investment opportunity that fit the goals of the Company Research qualified allocation plans for underwriting standards and design criteria for new LIHTC projects in state of interest to the Annex Group and built out existing database Research soft funding opportunities to help aid new development opportunities Research LIHTC legislation and how this may affect current development opportunities Prepare financial proforma(s) with financial analyst to ensure financial validity of a prospective project Identify and engage municipal officials to ensure project support Identify and engage strategic local partners to ensure project support Coordinate, review, and comment on due diligence with General Counsel Visit markets of interest based on data gathered Prepare predevelopment budgets Complete understanding of prospective project ‘deal book’ which is the investment thesis for all prospective projects with supporting data Support development manager in presenting prospective projects to the Investment Committee for approval Assist development manager as needed to ensure project success Negotiate Letter of Intent and make recommendation(s) to Vice President of Development to determine terms to Purchase and Sale Agreement Partake in all phases of architectural and engineering design Attend municipal hearings, as necessary Coordinate RFQ/RFP responses, as necessary WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The work environment is that of a fast-paced office with minimal to high noise levels This position requires working independently as well as part of a team This position requires verbal and face-to-face contact with others on a daily basis Frequent use of a computer is necessary This position requires the use of all general office equipment The position requires client information be maintained appropriately confidential At times while on site this position will be exposed to routine job site hazards and thus appropriate safety precautions will need to be adhered to in strict accordance to OSHA Requirements QUALIFICATION REQUIREMENTS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor’s degree from an accredited institution in business administration, economics, finance, or real estate, complemented by a master’s degree (a plus) with an emphasis on finance, economics, or real estate Ability to effectively communicate (oral and written) with both internal and external customers Working knowledge of email and MS Office software programs necessary Ability and willingness to effectively use other job-related technology tools Needs to have excellent relationship-building skills Able to work with minimal supervision Must be a proficient communicator and listener Organization skills are critical Conflict and relationship management skills Ability to work on multiple projects simultaneously with frequent interruptions Articulate, professional oral and written communication skills Ability to prioritize, organize, and multi-task Strong interpersonal skills and ability to be a team player Math proficiency Strong work ethic and a positive attitude Self-motivated, adaptable, dependable, with focus on customer service Professional appearance and demeanor PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Frequent walking, standing, sitting within the work area Driving to/from locations for business-related purposes Must be willing to travel as required

Responsibilities

The role involves identifying viable real estate for development or acquisition, researching quantitative data, and analyzing funding opportunities like LIHTC legislation to support new investment opportunities. Responsibilities also include preparing financial proformas, engaging municipal officials and local partners, coordinating due diligence, and supporting the development manager in presenting projects for approval.