Development Analyst

About Grosvenor Americas

Grosvenor Americas is an active developer and investor in several high-quality cities across the U.S. and Canada. Our strategy is to invest in vibrant urban locations where our activities can make a positive contribution to neighborhoods and communities. 

Our active development pipeline focuses on projects in urban, transit-oriented and/or amenity-rich neighborhoods and includes current projects such as Crescent in San Francisco, The Pacific in downtown Vancouver, and Eckington Yards in Washington, D.C. We are also advancing larger multi-year projects in San Francisco, West Silicon Valley and Vancouver. Our Investment program adds value to residential, commercial and retail assets while also managing a portfolio of stable, high-quality properties across North America. Our Structured Development Finance business provides funds for much-needed residential development projects in our high growth markets.

We are part of Grosvenor Group, a privately-owned international property company. With a track record of more than 340 years, the Group develops, manages and invests with a purpose of improving property and places to deliver lasting commercial and social benefit.

Purpose of role

Reporting  to  the  Sr.  Development  Manager  and  working  closely  with  the rest of the team, the Development Analyst will provide critical support to the development team in all phases of development, including sourcing, underwriting, design and permitting, construction, reporting, and capitalization. Asset focus will be on residential and mixed-use development projects in San Francisco and the greater Bay Area.

Key responsibilities

To perform this role successfully, an individual must be able to perform each key responsibility satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability needed. This includes the following; other duties may be assigned as needed within skill sets or if additional responsibilities are added.

• Create and manage all financial analytics for potential acquisitions and current development projects, including financial modeling and economic analysis
• Support development team in all  development  related  efforts,  including:  site  identification,  zoning interpretation, entitlement, concept development management, budget management and forecasting, and financial and general due diligence coordination
• Prepare internal and external monthly  and  quarterly  reporting  (both  written  and  numerical)  for  all ongoing developments and prospective acquisitions
• Prepare pitch books and presentations that summarize current development opportunities to potential equity partners, community leaders, and other external stakeholders
• Other duties as assigned

Key requirements

• Bachelor’s degree in relevant field strongly preferred
• 2+ years of work experience in real estate development preferred
• Strong written and oral communication skills are essential
• Ability to work in a small team environment and provide analytical support to all team members as needed
• Must have strong financial proforma analysis ability in order to comprehensively analyze development project budgets, forecasts and returns, as well as prospective new deals, with potentially complicated deal structures
• Ability to summarize complex issues and opportunities into succinct and actionable deliverables
• Solid understanding of real estate development economic and business concepts
• Self-motivator with interest in expanding knowledge of development, design, and other relevant aspects
• Local market knowledge (markets, public agency relationships, consulting contacts) is preferred
• Highly proficient in MS Excel (detailed Excel-based financial modeling and analysis required)
• Working knowledge of MS Word, MS PowerPoint, and Argus Developer

At Grosvenor, we seek to recruit and develop people who share our values – Integrity, Respect and Trust – and have the skills and ambition to help us implement our strategy. We stick to our promises, build lasting relationships with partners and work closely and responsibly with local communities.

An Equal Opportunity Employer

Grosvenor provides equal employment opportunities without regard to age, ancestry, color, creed, mental or physical disability, marital status, medical condition, national origin, race, religion, sex, sexual orientation, veteran status, or any other consideration made unlawful by federal, state, or local laws.

At Grosvenor we value diversity and we are proud to be an equal opportunity employer. We are committed to promoting and protecting the physical and mental health and well-being of all our people. If you need assistance or reasonable adjustments due to a disability, please provide details along with your application