Job description
Transwestern Development Company (“TDC”), is a diversified, national development firm with development expertise in multiple property types including multifamily, industrial, office and mixed-use. TDC is a member of the Transwestern family of companies, which also includes (1) Transwestern Real Estate Services (“TRS”), a national real estate services firm operating in 33 U.S. cities and (2) Transwestern Investment Group (“TIG”), an investment manager for institutional and private investors in multiple property types.
TDC operates as a principal, investing capital alongside its institutional equity partners in the development of residential and commercial projects and as a fee developer for clients and user-owners. Since 2012, the company has completed or commenced the development of $7.1 billion in total project cost across all product types encompassing 20 cities from California to New Jersey. This includes 18 multifamily projects totaling 5,270 units with a combined total cost of $1.42 billion. These projects are located in eight different MSA’s including Washington DC, Tampa, West Palm Beach, Dallas/Fort Worth, Austin, San Antonio, Houston, and Phoenix.
TDC was established as an entity in 2013 with its own ownership and management structure in order to expand its development operations from its Texas base into a national platform. At that time, TDC had two offices and 10 team members focused only on commercial development in the major Texas markets. It currently has 65 team members operating out of eight offices. These team members include regional development partners, development managers, construction managers, dedicated capital markets and accounting teams, and administrative support. TDC has a lean, focused operation and relies on centralized support for administrative services such as human resources and IT from groups serving the entire Transwestern family.
WORK SHIFT
LOCATION Charlotte, NC
TDC operates as a principal, investing capital alongside its institutional equity partners in the development of residential and commercial projects and as a fee developer for clients and user-owners. Since 2012, the company has completed or commenced the development of $7.1 billion in total project cost across all product types encompassing 20 cities from California to New Jersey. This includes 18 multifamily projects totaling 5,270 units with a combined total cost of $1.42 billion. These projects are located in eight different MSA’s including Washington DC, Tampa, West Palm Beach, Dallas/Fort Worth, Austin, San Antonio, Houston, and Phoenix.
TDC was established as an entity in 2013 with its own ownership and management structure in order to expand its development operations from its Texas base into a national platform. At that time, TDC had two offices and 10 team members focused only on commercial development in the major Texas markets. It currently has 65 team members operating out of eight offices. These team members include regional development partners, development managers, construction managers, dedicated capital markets and accounting teams, and administrative support. TDC has a lean, focused operation and relies on centralized support for administrative services such as human resources and IT from groups serving the entire Transwestern family.
We are seeking a passionate, committed, and creative real estate leader who wants to be a part of the exciting growth opportunities with Transwestern Development Company.
As a Development Analyst with Transwestern Development Company, you will assist with site identification, underwriting, design and execution of new multifamily residential, commercial office and mixed-use projects nationally. Responsibilities include, but are not limited to:
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Gather and analyze market data to assist in project underwriting.
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Develop financial models and play an essential role in financial analysis and underwriting of new development investment opportunities and the preparation of Investment Committee packages and presentations.
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Assist Partner and Regional Partner in interfacing with institutional investors and lenders in an effort to finance projects sourced by the Transwestern Development Company regional team.
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Perform market surveys and analyses to document trends and support new business development opportunities.
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Support the regional team in negotiation and closing of acquisitions, financings and dispositions.
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Assist in the documentation of joint ventures, loan documents, letters of intent and purchase and sale agreements.
Required skills:
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Proficient in Microsoft Office suite – Word, Excel and Powerpoint.
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Prior experience underwriting Multifamily investments is a plus.
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Undergraduate degree in Finance, Business Administration and / or Real Estate required.
WORK SHIFT
LOCATION
We Are Transwestern!
Transwestern's Guiding Principles are woven into the fabric of our firm and underscore the value of each individual team member. We embrace diversity, equity and inclusion — not only as the right thing to do, but as a reflection of who we are. It is our responsibility and heartfelt desire to create an environment that elevates the human spirit and brings out the best in everyone. Transwestern offers an exciting work environment, competitive salary and excellent benefits, which include medical, dental and vision coverage, as well as a 401(K) plan. Transwestern is an Equal Opportunity Employer.
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