Development & Investment Associate
Washington, DC 
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Posted 14 days ago
Job Description
Description

EDENS, a national leading retail real estate developer, owner and operator, is looking for an Investment and Development Associate to join our team. This Associate will execute on financial analysis related to acquisitions, developments, operating portfolio properties, and dispositions within EDENS' Mid-Atlantic Region.

EDENS is committed to creating and fostering a workplace that is diverse, inclusive and equitable. Our goal is to build and develop an organization that is a collective of diverse and talented people who find ways to Enrich Community using ideas that reflect the best of their unique points of view. We are passionate about our work and are looking to attract and retain individuals who are excited about being part of our community.

Responsibilities:

  • Manage and forecast portfolio performance with a focus on income growth and value creation, as well as participate in annual budgeting and periodic reforecast processes.
  • Lead financial underwriting and producing presentations related to acquisition targets.
  • Interact with market brokers as well as property owners as appropriate. Responsibilities will also expand into due diligence tracking of acquisition targets once under contract.
  • Proforma creation and analysis related to all developments and redevelopment projects; say providing regular analysis on construction draws of existing development/redevelopment projects. Includes market research and production of presentation materials for both internal and external meetings.
  • Analyze upcoming dispositions to evaluate sale timing and valuation.
  • Participate in weekly leasing, investment, and redevelopment project meetings with all appropriate team members.
  • Lead portfolio analysis in coordination with Investments VP including all aspects of Investment Management. Functions include property level analytics and reporting, market research, tenant specific evaluation, credit evaluation, tax appeals, etc.

Other Requirements:

  • A passion for retail and enriching communities.
  • Minimum 3-5 years' experience in real estate financial analysis and underwriting, ideally related to retail and mixed-use development.
  • Able to manage multiple priorities and anticipate upcoming challenges.
  • Available to be in person / in office (not virtual) as determined by manager.
  • Training period required with our Capital Markets team in the Columbia, SC office for 6 months.
  • Undergraduate degree in business, real estate, finance, or related area preferred, 4-year degree required.

About EDENS:

EDENS is the owner, developer and steward of a nationally leading portfolio of more than 100 open-air retail and mixed-use places in high-growth markets coast to coast. Through thoughtful planning, inspired merchandising and intentional community engagement, EDENS designs our places to achieve 3.5 trips per week and 5 hours of dwell time, reaching over 15 million people daily.



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3 to 5 years
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