Redevelopment Construction Analyst Full Time

UDR, Inc. is now hiring a Redevelopment Construction Analyst to join our team at our corporate office in Highlands Ranch.

GENERAL SUMMARY OF DUTIES:

Supports the Redevelopment team in researching, managing, and executing redevelopment opportunities for existing or newly acquired assets.

ESSENTIAL FUNCTIONS:

• Analyze property financial statements and rent rolls. Assist as needed with comp selection and submarket rent analysis. Conduct research and interpret market information that can directly impact the value of a project.
• Create and improve financial models for all necessary analysis.
• Compile weekly, monthly, and quarterly department reports, including pipeline/deal tracking reports.
• Assist project manager(s) in the preparation/management of project budgets and schedules.
• Maintain project trackers for Marketing and Operations departments.
• Maintain renovation forecasts / reforecasts in consultation with supervisor, department head, and Operations.
• Maintain and provide updated spend curve estimates for all ongoing projects.
• Assist in establishing performance tracking models for all ongoing redevelopments.
• Prepare financial modeling for redevelopment opportunities to newly acquired or existing assets.
• Maintain communication with project manager(s) and assistant project manager(s) to understand project status and flag potential impacts to schedule and budget. Assist as needed with bid evaluations and contractor selection.
• Assist with the underwriting of special projects, including but not limited to ESG initiatives and EV charging installations. Support the special projects manager(s) with budgeting, scheduling, and general project management.
• Perform analysis of past CapEx and ROI projects in order to more accurately underwrite and benchmark redevelopment projects.
• If necessary, be willing and able to assist project manager(s) with on-site responsibilities, including but not limited to project coordination, project management, meetings with UDR personnel/construction and design team, and project close-out.
• Perform other duties as assigned or as necessary

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in real estate, finance, construction management, or business major in a related field; or equivalent combination of education and experience required.
• Demonstrated analytics experience through educational or work experience.
• Real estate and/or multi-family experience preferred.
• Must possess basic understanding of architectural design and construction.

Source: UDR Career Page

Tagged as: REIT