Analyst

US-IL-Chicago
Job ID
2244
Function
Accounting / Finance
350 West Hubbard Street

Overview

Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.

 

Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi, London, and Shanghai and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s West Side. Related also manages approximately $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World.

 

Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is a partner in CORE, a boutique residential brokerage. For more information about Related Companies please visit www.related.com.

Responsibilities

The Development Analyst will be responsible for supporting the development team at Related Midwest in all aspects of their projects including: financial analysis and modeling, due diligence, zoning, legal oversight, budgeting, design, construction, and leasing. This position will be based in Chicago and report to a Vice President of Development.

  • Perform financial analysis and due diligence for new investment opportunities.
  • Assist with all aspects of a development: financing, entitlement / government approvals, public relations, design, leasing / marketing, and construction.
  • Assist in preparing business plans, including annual operating plans, financial forecasts and strategic plans.
  • Manage detailed municipal filings for various development related programs, such as municipal financing applications and real estate tax abatements.
  • Monitor construction costs, budgeting, and the timeline of deliverables.
  • Research and analyses: Benchmark retail activity in target markets by tracking rents, sales per SF, operating costs, competitive supply and retailer expansion activity.
  • Minimize exposure and risk on various projects.
  • Effectively communicate relevant project information to superiors.

Qualifications

  • Minimum of 1-2 years of relevant experience.
  • Strong quantitative, financial analysis and modeling (MS Excel) skills are a prerequisite.
  • Complex thinker of high intelligence.
  • Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines.
  • Experience, knowledge, and understanding of real estate development a plus.
  • Deal instinct and owner mentality.
  • Self-starting personality that can work well with limited direction.
  • Strong communication skills, both written and verbal.
  • Excellent professional demeanor with the ability to work with a wide range of levels and management.
  • Must possess strong organizational skills.
  • Keen attention to detail.
  • High energy; possessed with drive.
  • Suitability to an entrepreneurial culture that places a premium on performance.
  • Ability to multi-task and shift direction easily.
  • Strong sense of integrity and ethics. Values entrepreneurialism. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success.
  • Bachelor’s Degree.

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