What are the responsibilities and job description for the Underwriting Manager, RE Development/Asset Management/Corporate position at VALE GROUP?

Job Description

Vulcan Real Estate’s portfolio is comprised of Class A office, biotech, apartment, and retail operating assets, as well as land holdings, with 1M sf of commercial / biotech space and 1,300 residential units in pre-development. Total portfolio value is ~$3.5B, including 3.2M sf of commercial space, 2,400 operating residential units, and 10 sites in predevelopment with a total capitalization of $2B.

Position Summary

The Underwriting Manager will prepare and present investment analyses for real estate development, asset management, acquisition, disposition, and other miscellaneous corporate real estate matters and otherwise assist Real Estate Directors and Managers in executing their responsibilities.

Essential duties and responsibilities include creating complex financial modeling, budgeting, and business planning; doing market research and underwriting due diligence; preparing investment memorandums; and providing broad analytical support for real estate investment activities.

Essential duties and responsibilities

Prepare and present sophisticated financial analyses to assess the feasibility of development and acquisition opportunities and to inform investment decisions. Product types may include office, retail, multi-family, industrial, and mixed-use projects.
Develop standardized financial templates and investment considerations for development, asset management, financing, and acquisition opportunities.
Perform commercial lease analyses for new development and asset management assignments.
Assist in the preparation and presentation of investment memorandums to Vulcan Real Estate executive management.
Assist in preparing materials to solicit construction financing for new development projects and / or permanent financing for stabilized operating properties.
Assist in preparing annual budgets and business plans, and in periodic status updates for Vulcan Real Estate executive management.
Assist in the disposition of existing real estate assets.
Perform market research and underwriting due diligence, including :

Development cost tracking, benchmarking data, and budget analysis to evaluate project costs

Compile and maintain database(s) to track development activity, comparable sales, market trends, etc.

Track, analyze, and report on local real estate market conditions (such as rents, expenses, occupancy, and absorption) and assist with market forecasts

Analyze and support neighborhood master planning efforts, including transportation improvements, zoning requirements or changes, or other public infrastructure projects that affect the company portfolio

Qualifications

To perform this job successfully, an individual must be able to satisfactorily perform each essential duty. The requirements listed below represent the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Knowledge, experience, skill, and / or ability

Required

Ability to perform sophisticated financial modeling, including discounted cash flows, present and future values, internal rates of return, and other investment yield metrics.

Ability to interpret and present analysis results and other complex information clearly and concisely. Must have excellent written and oral communication skills.

Ability to write conceptual proposals and documents that form the basis for projects, as well as the ability to write reports, business correspondence, and other types of documents.

Ability to read, analyze, interpret, and evaluate lease proposals, financial statements, consultant proposals and contracts, statistical data related to markets, general business periodicals and professional journals, technical procedures, and government regulations.

Thorough understanding of real estate value drivers, including capital markets, joint venture / financing structures, submarket dynamics, and specific lease considerations, as well as their impact on investment performance.

Solid understanding of the institutional investment process.

Ability to comprehend abstract and concrete variables and apply principles of logic or scientific thinking to a wide range of intellectual and practical problems.

Ability to prioritize and work both independently and as part of a collaborative team.

Preferred

Knowledge of Seattle Metro area real estate marketplace

Required computer skills

MS Office (Word, Excel, Outlook)

Argus Enterprise

Education / experience / certifications

Bachelor’s degree from an accredited institution and five-plus years relevant experience, or equivalent combination of education and experience

Master’s degree in business or real estate preferred

Compensation :

The compensation range for this role is $134,744 - $202,116 annually. The upper portion of the salary range is typically reserved for existing employees who demonstrate strong performance over time or candidates who exceed our experience and skill set expectations.

We personalize offers for each chosen future employee, carefully considering various factors when reviewing each candidate. These factors include experience, professional achievements, education, individual backgrounds, and internal equity, any of which could affect your compensation offer.

Our discretionary bonus program is in addition to the base compensation range listed above. We also offer medical, dental, vision, wellness, and 401k benefits. Additional benefit information can be found at this link : 2025 Summary of Benefits Offering.

We’re committed to inclusion and equal opportunity.

Vale Group LLC is an equal-opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, religion, marital status, sex, disability, political ideology, veteran status, or other protected class.

If you need accommodation during the application or hiring process, please contact Human Resources at jobs@vnw.com or your recruiter.

Salary : $134,744 - $202,116

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Underwriting Manager, RE Development/Asset Management/Corporate

What are the responsibilities and job description for the Underwriting Manager, RE Development/Asset Management/Corporate position at VALE GROUP?

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