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Associate / Senior Associate, Strategic Initiatives & Investments

Extell Development Company
Posted 4 months ago, valid for 14 days
Location

New York, NY 10008, US

Salary

$200,000 - $250,000 per year

Contract type

Full Time

Paid Time Off
Employee Assistance

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Sonic Summary

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  • Extell Development Company is seeking a Senior Associate to work closely with the President & Co CEO on strategic initiatives in New York, NY.
  • The position requires 3 to 7 years of experience in real estate private equity, development, investment banking, or asset management.
  • The salary range for this role is $200,000.00 - $250,000.00 per year.
  • Key responsibilities include underwriting acquisitions, conducting market research, and managing multiple workstreams under tight deadlines.
  • Candidates must possess advanced Excel skills and strong analytical capabilities, with a proven ability to thrive in a high-expectation environment.

Job DetailsJob Location: 805 Third Corp - 7th Floor - New York, NY 10022Position Type: Full-TimeEducation Level: 4 Year DegreeSalary Range: $200,000.00 - $250,000.00 Salary/yearJob Shift: AnyExtell Development Company   About Us: Founded and headed by Gary Barnett, Extell Development Company is a nationally acclaimed real estate developer of residential, office, retail and hospitality properties, operating primarily in Manhattan and other premier cities across the nation. Experiencing outstanding growth since its founding in 1989, the company’s growing portfolio exceeds twenty five million square feet.   Overview: Extell is seeking a high performing Senior Associate to support the Co-CEO in performing financial analysis for prospective and existing investments, market research and strategic initiatives, as well as handling various special projects. This is a high volume, fast paced, and demanding role appropriate for a self motivated professional with a strong work ethic, exceptional analytical capabilities, and the ability to perform under tight timelines while managing multiple priorities. The ideal candidate is a highly analytical real estate professional who combines strong technical skills with strategic thinking.   Key Responsibilities: Create and review detailed financial analyses utilizing Microsoft Excel and other programs as needed to evaluate prospective and existing investments. Update internal valuation and projection models for existing investments. Prepare investment presentation materials. Perform detailed market research on supply/demand fundamentals, economic trends, comparable sales and lease transactions, etc. Review and analyze financial performance of existing investments. Assist with evaluation and implementation of AI and technology tools to enhance analytical efficiency Manage multiple workstreams concurrently and deliver high quality output under tight deadlines QualificationsQualifications: 2 to 4 years of experience in investment banking, real estate private equity, or development Advanced proficiency in Excel and financial modeling Strong experience with:  Development and real estate underwriting models Portfolio modeling and asset level analysis Senior and mezzanine capital structures Joint ventures, preferred equity, and complex equity waterfalls Market analysis including supply, demand, absorption, and pricing Strong written and verbal communication skills; experience interfacing with senior leadership Exceptional work ethic, attention to detail, and ability to thrive in a high expectation environment Proven ability to handle significant workload and evolving priorities with professionalism and discretion   Compensation & Benefits: Extell Development offers competitive pay and benefits and opportunities for professional growth and advancement to include: $200,000 - $250,000 salary Medical, Dental, and Vision Insurance Life and AD&D Insurance Short- and Long Term Disability 401(k) Paid Time Off Paid Holidays Employee Assistance Program   *Equal Opportunity Employer




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