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Real Estate Analyst
$74,200 - $98,900/Yr
Arlington Partnership For Affordable Housing - Arlington, VA
posted about 2 months ago
Full-time - Entry Level
Remote - Arlington, VA
Religious, Grantmaking, Civic, Professional, and Similar Organizations
About the position
The Real Estate Analyst will support True Ground's real estate development team in identifying, acquiring, and developing multi-family affordable properties in the DC region. This role involves financial modeling, project support, and project management, making it ideal for detail-oriented candidates with a finance background and a passion for affordable housing.
Responsibilities
- Assist with due diligence for new deals, including financial analysis and competitive analysis.
- Create financial models of proposed projects using True Ground's template pro forma spreadsheet.
- Model transactions using various funding sources, including low-income housing tax credits and conventional debt.
- Run stress tests on financial models and provide systematic updates to the team.
- Complete monthly draw requests for projects under construction, ensuring deadlines are met.
- Lead funding applications, RFPs, and presentations in conjunction with project managers.
- Prepare reports for financial partners and maintain organized property and deal files.
- Assist with financial closings, due diligence, and monitoring progress for successful transactions.
- Prepare periodic reports for staff and board members regarding pipeline and active projects.
- Work with neighborhood groups and County staff to secure regulatory approvals.
Requirements
- Undergraduate degree in finance, real estate, or a relevant discipline.
- 1-2 years of relevant work experience in real estate development, grants management, or administrative reporting.
- Experience in real estate development, construction, or affordable housing preferred.
- Strong financial analysis skills and attention to detail.
- Excellent written and verbal communication skills.
- Proficiency in computer software, including Word, Excel, PowerPoint, and Outlook.
Nice-to-haves
- Experience with low-income housing tax credits and historic tax credits.
- Knowledge of regulatory approvals and compliance issues in affordable housing.
Benefits
- 401(k)
- Commuter assistance
- Dental insurance
- Disability insurance
- Free parking
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
