• Associate, Related Affordable, New York

    Job Locations US-NY-New York
    Job ID
    2808
    Function
    Development
    Location Name
    60 Columbus Circle
  • Overview

    Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 47 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 and London, and boasts a team of over 3,500 professionals. With over $50 billion in assets owned or under development, the company’s portfolio is made up of best-in-class developments in premier high-barrier-to-entry markets across all asset classes. 

    Related was recently named one of the “50 Most Innovative Companies in the World” by Fast Company Magazine. Related has dramatically redefined the concept of metropolitan luxury by introducing extraordinary residential properties in Boston, Chicago, Los Angeles, San Francisco, New York City and Washington, D.C. With each new building, Related has been hailed for setting new standards of excellence in the luxury marketplace. Related also owns an extensive portfolio of workforce and affordable housing and has several new rental developments underway across the country. Among other leadership initiatives, they were the first landlord to accept credit card payments, one of the first developers to build sustainable high-rise buildings and the first national developer to go smoke-free. Related’s commitment to hospitality-level service in its residential buildings includes a proprietary training program that empowers employees to exceed its residents’ expectations, and an exclusive strategic partnership with Hello Alfred to provide a suite of personal life-enhancing services to residents. Related is also a strategic investor in category-defining companies including Equinox® and SoulCycle. For more information about Related Companies please visit www.related.com.

     

    Related Companies is an Equal Opportunity Employer.

    Responsibilities

    • Support the Deal Team Leader in all aspects of affordable housing acquisitions, financing, and development.
    • Communication with investors, brokers, property managers, industry consultants, and third parties involved in property valuation.
    • Compilation of due diligence information including financial, market, demographic, site, federal, and state regulatory data.
    • Review and completion of applications and documentation necessary for debt and equity financing, property purchase and sale, government subsidies, and rental contract maintenance.
    • Financial modeling and presentations with a focus on property valuation using a range of capital structures and financing tools unique to affordable housing.
    • Involvement in contract negotiation and review of legal documentation for joint venture and loan agreements, purchase and sale contracts, and ownership structures.
    •  Validation and defense of budgets, assumptions, and pro-forma analysis, including the identification of problems inherent to a given project.

    Qualifications

    • Strong quantitative, financial analysis and modeling skills are required.
    • An understanding of the principles of finance and accounting.
    •  Well developed and adaptable writing skills.
    • Excellent communication and interpersonal skills at all levels are keys to success at Related.
    • Proficiency with standard suite of office applications and a firm grasp of Microsoft Excel.
    • Exceptional time management and prioritization are necessary to succeed in a fast paced environment where the Analyst/Associate will be required to manage multiple projects with significant responsibilities and competing priorities.
    • Must be able to work well in groups but also take ownership of tasks. 
    • Attention to detail as well as a strong desire to grow and succeed is critical.

    The ideal candidate must have a minimum of:

    • Bachelor’s degree preferably Finance or equivalent.
    • 2-4 years of professional experience, preferably in a banking or real estate environment.

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