About the Role
Nord Development Group is seeking a highly motivated and skilled Real Estate Investment Analyst to analyze and underwrite potential large-scale real estate developments in the Northeastern and Southeastern United States. This role supports multiple $100+ million development projects simultaneously and requires strong analytical capabilities, advanced financial modeling skills, and the ability to communicate complex financial concepts.
Responsibilities
- Develop and maintain sophisticated proforma models for various real estate deals.
- Model complex financing and equity structures for development rental and condo projects.
- Create dynamic sensitivity analyses and scenario modeling to evaluate project risks and returns.
- Build and maintain master financial models adaptable across different asset types and markets.
- Ensure model accuracy through detailed review processes and version control.
- Prepare comprehensive investment memos and presentations for stakeholders.
- Create polished investment committee presentations.
- Develop investor return summaries and marketing materials for capital raising.
- Present findings and recommendations to senior leadership and investment committees.
- Coordinate with legal and accounting teams for accurate deal structure representation.
- Lead financial discussions for active and prospective projects with development teams, lenders, and equity partners.
- Serve as the primary financial contact for assigned development projects.
- Monitor project performance against budgets and proformas, identifying variances and recommending actions.
- Coordinate quarterly investor reporting and maintain communication with capital partners.
- Support the asset management team with annual budgeting and business plan updates.
- Assist in compiling due diligence materials for $100+ million projects.
- Review and analyze third-party reports including appraisals and market studies.
- Coordinate with external consultants and advisors during the due diligence process.
- Maintain organized due diligence data rooms and document tracking systems.
- Support the legal team with review of purchase agreements and financing terms.
- Prepare monthly draw requests and coordinate with construction teams for accurate cost tracking.
- Generate company financial statements and coordinate with external accounting firms.
- Assist with quarterly and annual financial reporting to investors and lenders.
- Support budget-to-actual analysis and cash flow forecasting.
- Maintain detailed project accounting records and support annual audit processes.
- Perform detailed market and unit mix studies using advanced data sources.
- Utilize analytical tools to estimate market rents and develop optimized unit mix recommendations.
- Monitor market trends and perform risk analysis to identify investment opportunities.
- Track competitor activities, new supply pipelines, and absorption trends.
- Prepare regular market updates and trend reports for senior leadership.
- Work closely with development manager and acquisitions teams.
- Coordinate with construction teams on budget development and change order analysis.
- Collaborate with the legal team on transaction structuring and documentation review.
- Interface with external partners including lenders, equity investors, and brokers.
Requirements
- Bachelor's degree in Finance, Real Estate, Economics, Business Administration, or related field.
- 2+ years of experience in real estate analysis, with a focus on multifamily investments and/or capital markets.
- Experience working with institutional capital sources and complex financing structures.
- Advanced proficiency in Microsoft Excel including complex financial modeling and data analysis.
- Proficiency in Microsoft PowerPoint for presentation development.
- Familiarity with real estate databases such as CoStar or Axiometrics.
- Knowledge of accounting software and financial reporting systems.
- Experience with document management systems.
- Strong analytical, research, and problem-solving skills with exceptional attention to detail.
- Ability to work independently and manage multiple tasks in a fast-paced, deadline-driven environment.
- Excellent written and verbal communication skills with ability to present to senior executives.
- Understanding of real estate financial concepts including debt and equity financing, underwriting, development, and leasing.
- Knowledge of real estate law, tax implications, and regulatory requirements.
- Strong quantitative skills and ability to interpret complex financial data.
- Comprehensive understanding of multifamily development process from acquisition through stabilization.
- Knowledge of construction financing including draw procedures and project monitoring.
- Understanding of capital markets and institutional investment criteria.
- Knowledge of zoning, entitlement processes, and municipal approval procedures.
- Master's degree in Real Estate, Finance, MBA, or related advanced degree (Preferred).
- Previous experience at real estate investment firm, REIT, or institutional investor (Preferred).
- Previous experience with large-scale development projects ($50+ million) (Preferred).
- Experience with joint venture structuring (Preferred).
Skills
- Financial Analysis
- Financial Modeling
- Proforma Modeling
- Financing Structures
- Equity Structures
- Sensitivity Analysis
- Scenario Modeling
- Investment Memos
- Presentation Development
- Capital Raising
- Project Financial Oversight
- Due Diligence
- Financial Reporting
- Market Research
- Data Analysis
- Microsoft Excel
- Microsoft PowerPoint
- CoStar
- Axiometrics
- Accounting Software
- Document Management Systems
- Communication Skills
- Quantitative Skills
Location
- Northeastern United States
- Southeastern United States
Work Type
- Full-time
- Onsite
- Occasional travel to project sites
Experience Level
- 2+ years of experience in real estate analysis
- Experience with large-scale development projects ($50+ million) (Preferred)
Education Level
- Bachelor's degree in Finance, Real Estate, Economics, Business Administration, or related field
- Master's degree in Real Estate, Finance, MBA, or related advanced degree (Preferred)
Salary/Compensations
- $85,000 - $120,000 USD per year
Benefits
- Medical
- Dental
- Vision
- Life Insurance
- 401(k) with company match
About the Company
- Nord Development Group is a privately held real estate development firm building health-and-wellness- and hospitality-inspired communities across the Northeast.
- Their active pipeline spans large-scale mixed-use, condominium, and rental projects with an emphasis on design quality, community impact, and institutional-grade execution.
- They manage the full development lifecycle in-house, from site identification through stabilized operations.
Equal Opportunity
- Nord Development Group, Inc. is committed to maintaining a diverse workforce and is the first choice for potential employees.
- It is the policy of Nord Development Group, Inc. to ensure equal employment opportunity without discrimination or harassment as to any characteristic protected by law.
- Nord Development Group, Inc. is an equal opportunity employer.
