Tampa: Real Estate Analyst Intern

DUTIES AND RESPONSIBILITIES

Know how it all works, help make it happen, and be a team player at the center of the action by bringing your initiative, imagination and problem-solving skills to Velair Development Company. The selected candidate would provide analytic support services and be involved in coordinating the development of market rate multifamily housing projects.

Site Selection

• Site selection tasks including market analysis, demographic forecasting, site investigation and miscellaneous due diligence activities to help identify areas of opportunity for future development
• Coordination with local brokers, landowners, and land use authorities on potential multifamily development opportunities
• Conduct research into comparable land sales, applicable development fees, and other market data to aid in the preparation of offers to purchase

Underwriting/Development

• Assist development team in initial underwriting for future developments
• Preparation of financial analysis and related transaction materials
• Preparation of marketing and related materials for presentation to government entities, investors, and related groups
• Review comparable stabilized properties to evaluate operational expenses
• Collaboration with architects, engineers, land use attorneys, contractor and others in the initial design of the development
• Initial financial analysis including project/program equity and debt requirements, loan package completion, and ad hoc analysis and project evaluations
• Provide support to development team members as needed

Requirements

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each duty and responsibility satisfactorily. The requirements listed are representative of the education, knowledge/experience, and skills/abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

--Education

• Pursuing BA/BS degree in finance, real estate or related field
• 3.0 GPA minimum

Summary

Velair Development Company has been developing projects since 1999. We specialize in multi-unit residential housing in the Midwest and Florida. Throughout our company history we have developed over 3,000 units.

Our project success is based upon exceptional market selection and site acquisition. We pride ourselves on developing aesthetically pleasing projects that are known for quality construction.

Through partnering with reliable architects, subcontractors, engineers, planners, and designers who share in our goal and attention to detail, we have been able to consistently develop quality projects. Through careful planning, cost control, continued innovative ideas, environmentally friendly construction materials, and regular quality assurance inspections, Velair is dedicated to the project from start to finish.