Development Analyst (Multifamily Real Estate Development) Job at Sanford Barrows Group, Boca Raton, FL

eFVyQmw3dkxNaDMwa2NkYTZ0ZStrYkgweHc9PQ==
  • Sanford Barrows Group
  • Boca Raton, FL

Job Description

Position - Development Analyst

Location: Boca Raton, FL (In-office role, NOT Hybrid or Remote)

Salary: $100k - $130k base salary, plus bonus and good benefits

Position Summary

We are seeking a highly motivated Development Analyst to join our dynamic Development Team. This individual will play a critical role in analyzing, underwriting, and executing multifamily development projects from initial feasibility through completion. The Development Analyst will be responsible for financial modeling, market research, and due diligence coordination while working closely with senior leadership across development, acquisitions, capital markets, and asset management.

This role is an in-office position based in Boca Raton, FL and offers an opportunity to gain firsthand experience in the full lifecycle of multifamily development.

Responsibilities:

1. Financial Modeling & Investment Analysis

  • Build and maintain pro forma financial models to evaluate potential development projects, incorporating initial assumptions for land acquisition, construction costs, lease-up, and stabilized operations.
  • Conduct sensitivity analyses and scenario modeling to assess risks and optimize capital structure.
  • Calculate key investment metrics such as IRR, equity multiple, cash-on-cash return, yield on cost, and stabilized NOI.

2. Market Research & Competitive Analysis

  • Perform comprehensive market research to assess supply/demand fundamentals, rent comparables, demographic trends, and absorption rates.
  • Track multifamily development pipelines and comparable transactions to inform project positioning to support underwriting assumptions.
  • Collaborate with third-party consultants (brokers, appraisers, market research firms) to validate market data.

3. Due Diligence & Entitlement Support

  • Assist in site feasibility studies, including zoning analysis, land use approvals, environmental assessments, and regulatory compliance.
  • Be a part of the Development Team that will work with brokers, attorneys, engineers, and municipal agencies to support entitlement efforts.
  • Organize and maintain development due diligence files, ensuring key project details are documented.

4. Project Execution & Capital Structuring

  • Support the Development Team in budgeting, construction cost analysis, and debt/equity structuring.
  • Prepare materials for Investment Committee presentations for internal deal approvals.
  • Assist in converting internal deal approvals into investment memoranda for capital raising and lender negotiations.

Required Skills/ Abilities:

  • 2-5 years of experience in real estate development, acquisitions, finance, or investment analysis, preferably with a focus on multifamily projects.
  • Bachelor’s degree in Real Estate, Finance, Economics, Business, or a related field.
  • Advanced financial modeling skills in Excel, including the ability to build complex joint venture waterfalls, debt structures, and return projections.
  • Strong analytical and critical thinking skills with a high attention to detail.
  • Understanding of construction budgets, operating statements, and real estate financing principles.
  • Ability to conduct independent market research and synthesize findings into actionable insights.
  • Excellent communication and presentation skills, with the ability to interact with senior leadership and external stakeholders.
  • A self-starter with the ability to manage multiple projects in a fast-paced, entrepreneurial environment.

Job Tags

Similar Jobs

The Intersect Group

Technical Support Specialist Job at The Intersect Group

 ...should most likely extend or convert to direct hire. We are looking for someone who can offer great customer service. Our client will move quickly and conduct a 1 and done virtual interview with the qualified candidates. Location: Enon, Ohio (45323) Multiple... 

Ampstek

Fullstack Java Developer (Only USC and GC on W2) Job at Ampstek

 ...Title : Java Full stack Developer Location: Weehawken, NJ (Day 1 Onsite) (Local) (F2F) Minimum Years of experience: 10+years Job Description 8+ years Full Stack Developer to design and develop robust, scalable, and high-performing web applications. The ideal... 

JCC Greater Boston

Theater Assistant, Camp Kaleidoscope, Summer Day Camp Job at JCC Greater Boston

 ...Do you love working with kids and bringing joy to their day? Are you looking to be part of a theater team that puts on two fully-staged musical theater productions this summer? JCC Greater Boston is looking for enthusiastic, caring, and responsible Theater Assistants... 

Tactical Construction

HVAC Installer/Mechanic Job at Tactical Construction

 ...procedures. Measure and cut pipes, ducts, and other materials to ensure proper fit and installation. Install electrical wiring and controls for HVAC systems. Connect systems to ductwork, refrigerant lines, and electrical power sources. Test installed systems to... 

Opti Staffing Group

Journeyman Welder Job at Opti Staffing Group

 ...WE ARE HIRING!!! Position: Welder Fitter Location: Vancouver, WA Pay: $30+ / hour (DOE) Schedule: Monday Friday, 6 AM to 5 PM (Potential Flexibility) Who We Are: Our client is a leading company in the fabrication and welding industry, dedicated to producing...