Development Analyst

Auberge Collection•Bethesda, MD

12d•$90,000 - $120,000

About The Position

The Development Analyst will support the continued growth of Auberge Collection through conversions and development opportunities of hotels and residential projects. Day-to-day responsibilities include market analysis and research, project feasibility, financial underwriting, contract valuation, cash flow waterfalls (including debt and equity), pipeline and project reporting, and preparation of materials and communications for the Development Team.

Requirements

Bachelor's degree in Finance/Economics/Accounting/Real Estate/Hotel Management or a related field, or equivalent experience
Minimum 2 years of experience in hotel or real estate financial modeling, feasibility, and market studies
Demonstrated proficiency in financial analysis, including expertise in developing spreadsheets, pro formas and cash flow models for acquisition and development projects
Demonstrated proficiency in hotel operating pro formas and basic real estate finance concepts such as NPV, IRR, DSCR, LTC, JV and promote structures
Understanding of lodging industry metrics; familiarity with hotel operations and processes; knowledge of USALI accounting standards and hotel P&L statements
General knowledge of residential development process and its key development metrics
Detailed knowledge of the MS Office Suite, specifically Excel and PowerPoint
Deep familiarity with building projects and custom GPTs in ChatGPT

Responsibilities

Support development team in initial assessment and review of documentation related to potential projects: site plans, market studies/surveys
Conduct preliminary project feasibility assessment and market research: desktop research, review of market studies/surveys, telephone calls, offering memorandums, internal benchmarking, CoStar reports, etc.
Underwrite acquisition, development, and management opportunities including detailed operating pro formas and complex investment cash flows
Prepare and present analysis to development team for input and approval
Assist in the preparation of project summaries and critical review documents for presentation to senior executives
Maintain accurate records on project information for development, residential, design, construction, and acquisitions teams on active pipeline
Work with Residential team to manage residential portfolio
Other projects and tasks to support the development team, including design and construction
Prepare proposals, reports, and presentations for review by senior executives and other third parties
Maintain and update Development and Residential department’s information, databases, and files
Perform other relevant ad hoc assignments and duties as assigned