NAIOP San Francisco Bay Area Chapter: Job Board

Acquisitions & Development Analyst

Company: Harvest Properties

COMPANY OVERVIEW

Founded in 2002, Harvest Properties is a leading full service commercial real estate investment firm specializing in acquiring, developing, managing, and financing commercial and residential property, primarily through joint-venture investments in northern California. Harvest Properties strives to generate attractive returns for its financial partners and provide creative real estate solutions and outstanding service. Harvest Properties’ portfolio comprises approximately ten million square feet of office, industrial, R&D, and retail properties in the San Francisco Bay Area.

More recently, the firm has been focused on building out its entitlement and development arm of the business and now has over ten projects underway, representing over 600 units of residential and nearly 2.75 million square feet of office. The company is actively seeking additional investments and is focused on growing the team.

For more information, please visit www.harvestproperties.com.

POSITION SUMMARY

The Acquisitions & Development Analyst will play an active role in evaluating, underwriting, and transacting a range of investment opportunities in the Bay Area, primarily focused on entitlement and development deals. In addition, they will be responsible for working with the development team on analysis associated with ongoing projects. The individual will be part of an open, collaborative, and flexible workplace, supporting and working directly with the acquisitions and development teams and Partners of the firm in all aspects of real estate investing.

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Work with the development and construction team to put together cost estimates and projected schedules for entitlement, pre-development, and development projects
· Preparation and review of financial analyses for prospective real estate investments including detailed cash flow projections, market and property due diligence, financing, and partnership structuring
· Assemble and review basic property information, leases/rent roll analyses, market and economic research, zoning, legal documentation, and other applicable information for various deals and investment markets
· Participate in weekly investment committee meetings regarding potential acquisitions
· Actively communicate with investment sales and leasing brokerage community, business partners, lenders, contractors, and consultants
· Coordinate and manage due diligence and closing processes with legal counsel and external consultants
· Analyze and report on the financial performance of existing assets, with a developing role in asset management
· Assist in the loan originations and refinancings

· Prepare detailed investment memoranda, including a strategic business plan, for potential investors