What are the responsibilities and job description for the Development & Acquisitions Analyst - Dallas Regional Office position at Dominium?
Dominium is helping tackle the affordable housing crisis – and we’re looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas and Phoenix, Dominium is one of the nation’s most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity.
Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally.
Position Summary
A Development Analyst is responsible for conducting financial feasibility studies, market analysis, and financial modeling to evaluate project profitability. They develop and maintain cash flow projections, support acquisition analysis, and prepare comprehensive financing and equity packages. The role involves compiling tax credit applications, coordinating due diligence for lenders and investors, and assisting in construction management. Additionally, they participate in site visits to monitor project progress and ensure quality control.
Essential Functions
Dominium is committed to a diverse and inclusive workplace. Dominium is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally.
Position Summary
A Development Analyst is responsible for conducting financial feasibility studies, market analysis, and financial modeling to evaluate project profitability. They develop and maintain cash flow projections, support acquisition analysis, and prepare comprehensive financing and equity packages. The role involves compiling tax credit applications, coordinating due diligence for lenders and investors, and assisting in construction management. Additionally, they participate in site visits to monitor project progress and ensure quality control.
Essential Functions
- Conducts detailed financial feasibility studies for new development and acquisition opportunities, including pro forma modeling and sensitivity analysis.
- Conducts research on local real estate trends, pricing, and demand to identify potential investment opportunities and support market reports.
- Assists in creating and maintaining financial models to evaluate project profitability, including income projections and ROI analysis.
- Helps develop and maintain accurate cash flow projections for new developments, factoring in rental income, operating expenses, and financing costs.
- Supports the evaluation of potential acquisitions by performing due diligence, property financial reviews, and market comparisons.
- Management of the full life cycle of the asset beyond post completion/conversion benchmarks such as securement of 8609s, finalizing tax credits delivery schedules, and ensuring receipt of all equity.
- Supports the preparation of tax credit applications (e.g., LIHTC or Historic Preservation) by organizing documentation and ensuring accuracy.
- Coordinates and complete due diligence items required by lenders and investors, ensuring all necessary documentation and compliance requirements are met.
- Assists in the construction management and design process, working closely with architects, contractors, and project managers to ensure project timelines and budgets are adhered to.
- Participates in site visits to monitor project progress, document issues, and collaborate with construction teams to maintain quality control.
- Handle additional projects as assigned.
- Bachelors degree in Real Estate, Finance or related field.
- Previous participation in real estate clubs/groups and real estate or finance experience preferred.
- MS Office experience including advanced knowledge in Excel.
- Ability to manage multiple projects with strong organizational skills.
- Strong mathematics and analytical reasoning skills.
- Ability to work independently with minimal supervision.
Dominium is committed to a diverse and inclusive workplace. Dominium is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
