Development Jobs in Minneapolis, MN

Development Analyst

Roers Companies is seeking an energetic, dedicated professional to join our team in Plymouth, MN.

About Us

Roers Companies is a national leader in multifamily real estate investment, development, construction, and property management. Headquartered in Plymouth, Minnesota, we're on a mission to elevate multifamily housing by developing and operating market-rate and affordable apartments in growing neighborhoods.

About You

You're passionate about your work and strive to achieve ambitious goals. You offer an extra hand and aren't afraid to ask for help when needed. You act with integrity and empathy for the people around you. You get the big picture while executing the little details. In other words, you share our corporate valuespassion, work ethic, teamwork, integrity, and ownership mindset.

Job Summary

As a Development Analyst, you play a vital role in keeping projects and business goals on track.

Responsibilities

• Underwriting the financial feasibility of potential projects in Excel.
• Researching the market viability of new projects.
• Working with cities, brokers and online resources to find new potential projects.
• Negotiating with land owners.
• Coordinating 3rd party reports and due diligence.
• Compiling financing request packages for lenders, investors and state agencies.
• Working with architects and general contractors to design new projects.
• Working in conjunction with architects to obtain city entitlement approvals.
• Working through closing and due diligence checklists to get to a financial closing.
• Providing oversight for development under construction, compiling draw requests, ensuring projects are completed on time and on-budget.
• Assisting in turning the project over to the Operations team at the end of construction and converting the project to permanent financing.
• Other duties as assigned.

Requirements

• Bachelor's degree in Real Estate, Finance, or experience in multi-family development preferred.
• Experience with contract negotiation with a proven track record of excellence.
• Financially astute with a strong attention to detail and the ability to analyze complex deals in an efficient manner.
• Capacity to work cross functionally with various departments.
• Superior organization skills and the ability to multi-task, prioritize, and deliver results in a timely manner.
• Exceptional communication skills and ability to interact with wide range of people.
• Entrepreneurial mindset loves to be challenged, determined to win, puts clients and teammates first, collaborative, inquisitive, self-motivated, and operates on trust (not fear).
• Ability to embrace company values: Passion, Integrity, Teamwork, Work Ethic, Ownership Mindset.

Compensation and Benefits for Development Analyst:

Pay Range: $63,000 - $83,700

Compensation is determined by several factors that vary depending on the position, including the individual's experience, skills, and the knowledge they bring to the specific role

Roers offers a comprehensive benefits & perks package to full-time employees which may include:

• Health Plans - Medical, dental, vision, FSA, and HSA
• Family Leave - Paid birth & bonding leave
• Employer Paid Benefits - Basic life insurance, Accidental Death & Dismemberment (AD&D), and short-term disability
• Additional Voluntary Benefits Life Insurance, AD&D, long-term disability, critical illness, and accident insurance
• 401(K) - 3% company contribution, 100% vested after 2 years of employment
• Competitive PTO - 3 weeks of PTO with immediate accrual, 9 paid holidays, 1 floating holiday, and bereavement
• Health and Wellness - fitness membership reimbursement program
• Free stays in Roers' properties guest suites
• Rent Discount - 20% discount for employees living in Roers Companies properties
• Employee Referral Bonus Program - $2,500 referral bonus paid once referred candidate completes 60 days of employment
• Charitable Match Program Roers matches employee donations to charitable organizations
• Professional Development Opportunities
• Employee Assistance Programs

Roers Companies is focused on building a workforce that is diverse and inclusive. We are an Equal Opportunity Employer and consider applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics, or any other basis forbidden under federal, provincial, or local law.

Roers Companies participates in E-Verify to confirm the employment eligibility of all newly hired employees. For further information about the federal E-Verify program, please click to see the Right to Work and E-Verify Participation posters.

Candidates will be required to pass a criminal background check and drug test.