Description:
POSITION OVERVIEW
The Investments Analyst is a core member of LG Development's investment management team, driving the quantitative and analytical work behind investment decisions, capital formation, and deal execution from acquisition through disposition. This is a high-impact, cross-functional role with direct exposure to the full development lifecycle: deal sourcing, due diligence, financial modeling, structuring, and execution across multifamily acquisitions, asset management, and capital markets. The ideal candidate is a sharp, detail-oriented utility player who thrives in a fast-paced, entrepreneurial environment and is eager to take ownership of complex financial analysis while working alongside senior leadership on live transactions. This role offers meaningful responsibility from day one and a clear path to grow within a dynamic real estate development platform.
CORE ACCOUNTABILITIES
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Financial Modeling & Proforma Management
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Portfolio Management & Reporting
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Feasibility Analysis & Investment Underwriting
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Market Intelligence & Forecasting
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Financial Due Diligence
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Capital Raise & Investment Materials
KEY RESPONSIBILITIES
Financial Modeling & Proforma Management
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Build, maintain, and stress-test dynamic Excel-based financial models for development and acquisition opportunities, including equity waterfalls, return scenarios (IRR, equity multiple, cash-on-cash), and LP/GP distributions
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Develop, update, and manage project-level proformas on an ongoing basis from initial underwriting through stabilization, ensuring they reflect current assumptions, lender requirements, and internal standards
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Perform sensitivity analyses across key variables including land cost, construction cost, lease-up timing, cap rates, and financing terms to support scenario planning and risk assessment
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Maintain model version control and documentation discipline to ensure internal team clarity and external readiness for investor and lender communication and review
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Model complex capital stacks, including layered debt, mezzanine financing, preferred equity, and structured LP/GP waterfalls across multiple scenarios
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Incorporate lender terms, covenants, and draw structures into project-level underwriting and sensitivity analysis
Portfolio Management & Reporting
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Work with the CFO and Director of Accounting in monitoring financial covenants and assist in the preparation of ongoing required reporting under loan documents
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Prepare and update quarterly investor reports in coordination with the CFO, Asset Managers, and Director of Development. Coordinate investor follow-up, as needed
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Partner with the CFO on maintaining the Investor Portal and coordinating investor communications and deliverables
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Assist with investment-level cash flow analysis, including capital call planning and income and capital event distribution forecasting
Feasibility Studies & Financial Due Diligence
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Conduct comprehensive project feasibility analyses incorporating land cost, hard and soft construction costs, financing structure, absorption assumptions, and projected returns to support go/no-go decisions
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Support the due diligence process for prospective acquisitions and development sites, including review of financial statements, rent rolls, operating histories, debt terms, and third-party reports in coordination with external advisors and capital partners
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Identify material financial risks and prepare summary findings and investment memos for leadership and Investment Committee review
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Research and prepare property tax, insurance, utility, and operating expense projections in coordination with the CFO and third-party providers
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Incorporate municipal incentives and structured subsidies, including TIF, HTCs, and other public financing mechanisms, into underwriting models and investment analysis, as applicable
Market Analysis & Forecasting
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Compile, organize, and maintain a structured database of market data including rent comps, sales comps, submarket occupancy, pipeline supply, and demographic trends with consistent version control and source reliability standards
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Monitor macroeconomic indicators, capital markets conditions, and local submarket dynamics and synthesize findings into forward-looking forecasts that inform investment strategy and underwriting assumptions
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Attend property tours, broker meetings, and market tours to build first-hand knowledge of submarkets and competitive positioning
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Basic review of architectural drawings, site plans, and unit mix layouts to inform takeoffs, yield assumptions, and development feasibility
Capital Raise & OM Support
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Assist in the preparation and ongoing maintenance of Offering Memorandums (OMs) for capital raise engagements (equity and debt), including narrative, financial exhibits, and market summaries
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Support the preparation of market research, comp studies, executive summaries, and deal memos for internal review, capital partner communications, and investor reporting
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Maintain organized deal tracking and pipeline reporting to support visibility into the active acquisition and development funnel
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Collaborate cross-functionally with the preconstruction and execution teams on budget alignment, schedule assumptions, and construction cost inputs for development underwriting
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Support lender and investor diligence processes, including responding to underwriting questions, preparing data rooms, and reconciling model assumptions to third-party reviews
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Perform ad hoc analysis and special projects as assigned by the Managing Partner, CFO or CEO
Requirements:
QUALIFICATIONS FOR SUCCESS
Education
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Bachelor’s degree required; Finance, Real Estate, Economics, or related field preferred
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Advanced coursework or professional certification in real estate finance or financial modeling a plus
Experience
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2–5 years of experience in real estate development, acquisitions, investment banking, or a closely related analytical role
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Direct experience with multifamily development underwriting, including familiarity with public incentives, complex capital structures, and construction financing terms
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Exposure to entitlement processes and municipal negotiations related to zoning, incentives, and project approvals, strongly preferred
Technical Skills
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Advanced Excel proficiency, including dynamic model construction, sensitivity tables, and equity waterfall mechanics, including complex capital structures and promotes.
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Proficiency in Microsoft Office Suite (Word, PowerPoint, Outlook)
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Familiarity with CoStar, Yardi Matrix, Axiometrics, or comparable market data platforms
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Experience with Argus Enterprise a plus; willingness to learn required
Competencies
Analytical Rigor: High standard of accuracy, source discipline, and intellectual honesty in quantitative work
Financial Acuity: Comfort with complex financial structures and ability to translate numbers into investment narrative
Market Intelligence: Genuine curiosity about multifamily real estate dynamics and capital markets
Communication: Able to translate complex analysis into clear written narratives and visual exhibits for investor audiences
Ownership: Self-directed; manages multiple concurrent workstreams without requiring close supervision
Integrity: Exercises sound judgment in handling sensitive deal information and investor relationships
