Development Analyst

Mitsui Fudosan America, Inc. (MFA) is the US subsidiary of Japan's largest real estate company, Mitsui Fudosan Co., Ltd., a publicly-traded company with approximately $50 billion of assets. Mitsui Fudosan America is headquartered in New York and is responsible for Mitsui’s investment and development activities in North America. MFA’s US portfolio currently includes 6 office buildings totaling 5.6 million square feet, 3 million square feet of office space in development, approximately 1,200 residential apartments, 3,500 additional apartments in development, and about 400 condo units and townhomes in development. MFA owns assets in the metropolitan areas of New York, Washington, Boston, Denver, Los Angeles, San Francisco, Seattle, and Honolulu. In the future, we plan to acquire, develop and manage additional properties in these and other markets. We execute investments directly and in joint ventures with partners. 

MFA is looking to add an experienced team player to its growing development team in New York. This position reports to the Director, Development and is responsible for gathering and analyzing data, and preparing financial analyses, budgets and reports to support the management of development projects.

Specific responsibilities include, but are not limited to:

• Underwriting and analyzing potential development and capital improvement projects.
• Preparing investment briefs and related support material.
• Gathering and evaluating economic, demographic, and real estate market data.
• Providing support for due diligence and financing activities.
• Overseeing monthly reporting, quarterly re-forecasting, and annual budgeting.
• Preparing and maintaining Argus and Excel models.
• Tracking and monitoring budgets and preparing variance analyses.

Specific qualifications include:

• Familiarity with commercial and residential real estate analysis.
• Strong proficiency in financial modeling using Excel and Argus Enterprise.
• Independent and self-motivated, but able to function well in a collaborative environment.
• Ability to communicate clearly and concisely.
• Strong research and presentation skills.
• Well organized with attention to detail and accuracy.

• Bachelor’s degree in business administration, finance, accounting, or economics from an accredited institution, with a concentration or significant course work in real estate.
• 3 to 5 years of experience. Real estate experience preferred.

Compensation:

• Competitive salary commensurate with experience.
• 100% company-paid benefits, which include medical, dental, vision, life insurance, short- and long-term disability; 401 (k) savings plan with company match; and paid holidays, vacation, sick and personal days.