Trammell Crow Residential

Development Analyst

Position Summary

TCR is looking for a highly motivated self-starter to process existing development projects and assist with underwriting new target opportunities. This position will report to the Managing Director and the VP of Development in TCR’s Mountain States Division located in Denver, CO The position is focused on the ground-up development of market-rate multifamily rental projects. A vehicle will be required for site visits and to attend meetings along the front range from Fort Collins to Colorado Springs. The ideal applicant will have experience underwriting and evaluating real estate transactions, evaluating and researching market data, as well as familiarity with zoning/ permitting, and working with architects and contractors. This is an ideal role for individuals looking to build a development career with one of the largest developers in the country and the Mid-West.

Primary Responsibilites

  • Conduct research and analysis for the development team for the pursuit of new development including research, market analysis and preliminary due diligence.
  • Prepare investment committee memo’s, equity investment prospectus books, debt prospectus books
  • Submit data and research information for preliminary due diligence including soft cost research, preliminary environmental analysis, preliminary specification analysis, market analysis, financial feasibility, and presentations.
  • Coordinate with architect, engineer, landscape architects, interior designers, project managers and other team members.
  • Research zoning and master plan information, new development pipeline, transportation improvement plans and building and permit codes and fees.
  • Attend construction status meetings and report progress to development team.
  • Oversee construction draw process and develop monthly project reports.
  • Conduct market analysis to determine competitive rent rates, demographic analysis and competitive amenities offered in development area, including employment and population growth trends.
  • Create pro forma for new developments including market information, operating expense data and estimated hard and soft costs.

Desired Skills & Experience

  • Bachelor’s degree in Business, Engineering, Real Estate or other related field.
  • Experience with equity and debt financing related to real estate development
  • Experience with coordinating consultants during design/ development process and tracking budget, change orders, construction reports, etc.
  • Strong desire to start and build a career in Multi-family development and willingness to be a key member of the team.
  • Highly analytical and research driven.
  • Strong Excel and PowerPoint skills to prepare in-depth data and research analysis.
  • Knowledge of federal, state and local codes preferred.
  • Polished communicator with ability to maintain strong working relationships.
  • Flexible and adaptable with excellent organization, time management and prioritization skills.

Click here to apply.

This overview is designed to introduce Crow Holdings and its various operating companies. Crow Holdings Capital is a U.S. SEC registered investment adviser and is the manager to the Crow Holdings Capital Funds. Crow Holdings Partners is a division within Crow Holdings Capital. Crow Holdings Capital, Trammell Crow Residential, Crow Holdings Industrial and Crow Holdings Office are operated separately and independently from one another with separate senior leadership and investment committees. SEC registration does not imply a certain level of skill or training.