- Job Title
- Senior Development Analyst
- Role Location
- St. Louis, MO
- Remote role
- Job Description
The Senior Development Analyst will report directly to the firm’s Managing Principal. The Senior Development Analyst will be expected to work on several research and underwriting projects at a time across markets and manage the underwriting process and presentation preparation from conception through investment committee and lender presentations under the guidance of the Ridgehouse Cos. senior leadership team. This role requires both financial modeling acuity and strong communication skills.
Duties and Responsibilities include, but are not limited to:
Prepare quality underwriting, financial models, due diligence, and other analyses to assist with the timely evaluation of new development projects with minimal oversight
Lead the underwriting team with inputs from Development Analysts and Development Associates
Prepare internal and external presentation materials and documents (e.g., investment committee presentations, offering memorandums, lender materials, etc.)
Perform market research to determine/verify a project’s economics and to verify assumptions used in models
Support senior leadership in lender/equity partner communications, developing organizational tools & project management protocols, and other supporting functions
Develop and maintain a strong working knowledge of Ridgehouse’s internal data and dashboards, and cross-departmental functions and personnel
Advanced Microsoft Excel financial modeling skills required; experience with Smartsheet a plus
Bachelor’s degree from an accredited college or university with a focus in Business, Finance/Economics, Real Estate, or related discipline. MBA or MS in
Real Estate or Finance a plus
Deep knowledge of real estate and/or multifamily investment analysis, financial modeling, valuation, and metrics, including but not limited to: modeling complicated lending, equity/ownership, operating performance, GP/LP waterfall structures, sensitivity tables, and scenario analyses; Metrics: IRR, NPV, cash flow, ROI, levered/unlevered yield, cash-on-cash, yield-on-cost, NOI, cap rate, occupancy, etc.
Preferred working knowledge of: Real Estate development: entitlements, due diligence, land, construction, and development costs; project financing: construction loans, permanent loans, refinancing, and creative deal structuring
- Company Description
Ridgehouse is a leading real estate development company with a focus on mid-scale multifamily properties in multiple cities across the United States. Based in St. Louis, Missouri, the company has expanded its operations to include development and investment projects in Nashville, Huntsville, Phoenix, and Charlotte. Founded by Michael J. Sansone and Matthew E. Walla, Ridgehouse has a strong track record of successful development and investment, with over $500 million in commercial real estate projects completed or underway since 2014. With over 2,500 units planned or under development, Ridgehouse has demonstrated its ability to identify viable sites, secure necessary capital, and execute on practical business plans. At Ridgehouse, we are dedicated to creating the best outcomes for our investors, employees, and the communities in which we operate. Whether through maximizing returns for our investors or fostering a positive impact on the neighborhoods where we build, we strive to make a meaningful difference in the world of multifamily housing.
- Company Website
- Company HQ
- St. Louis, MO