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Analyst, Development

Analyst, Development

companyGreystar
location5200-5230, Columbia Pike, Arlington, VA 22204, USA
PublishedPublished: 9/12/2024
Full Time

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.


JOB DESCRIPTION SUMMARY

Interested in starting a career in real estate? Greystar is looking for a Development Analyst to join the DC development team in June/July 2025. This exciting role will give you the opportunity to interface with real estate owners, local market brokers and top Greystar executives. Greystar’s vertically integrated platform uses our extensive local market knowledge to deliver projects that reflect our remarkable commitment to quality. Ranked by the National Multifamily Housing Council as the largest developer, our projects span from student to senior and from urban mixed-use projects to warehouses.

We are looking for a highly motivated, self-starter to assist with underwriting new target opportunities and processing existing development pursuits.

JOB DESCRIPTION

Responsibilities:  

  • Analyzing the acquisition, entitlement, construction, capitalization, and stabilization of ground-up mixed-use multifamily development.  
  • Supporting negotiation decisions, interfacing with development directors, and conducting market research.   
  • Evaluating due diligence materials and preparing investment memorandum. 
  • Communicating with Development Directors, Construction Managers, real estate owners and equity partners, local market brokers and top Greystar executives. 

Qualifications:  

  • Strong quantitative background ideally in business finance (corporate finance), architecture or construction. 
  • Working knowledge of Microsoft Office specifically Excel, Word, and PowerPoint. 
  • Experience in multifamily excel modeling. 
  • Strong written and verbal communication skills, and analytical and problem-solving ability. 
  • Ability to handle large volume of work; good organizational skills and ability to prioritize to meet deadlines. 
  • Dynamic verbal and written communication skills and strong interpersonal abilities. 

Education:  

  • Bachelor's degree real estate, finance, business, or a related major.  

The start date for this position is June/July 2025

Additional Compensation:

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.
  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.