Zyyo is looking for a Real Estate Development and Investment Associate to join our growing team of investment and creative professionals. The Development Associate will play a significant role across all aspects of real estate acquisitions and development including financial analysis and modeling, site acquisition, due diligence, government approvals, permitting legal document review, budgeting, construction, and design, project branding, sales and marketing strategy and implementation. The Analyst/Associate will prepare detailed financial analyses and models including those for transaction underwriting and return on investment analysis, author internal and external correspondence for transaction and property descriptions and build offering memoranda for asset sales and capital raisings.
May 2024
Full-time
New York, NY
About Zyyo
Zyyo is a revolutionary hospitality development and technology firm driven by a proprietary vertically integrated process. Zyyo leverages a global consortium of resources that modernizes its capabilities. Our innovative process spans 3D design, automated construction budgeting, sustainable building material solutions, market analysis and investment technology. We are able to minimize unanticipated challenges, drive efficiencies, exceed quality expectations and deliver above-market returns.
About the Job
Responsibilities
- In this program, the Development Associate will play a significant role across all aspects of real estate acquisitions and development including financial analysis and modeling, site acquisition, due diligence, government approvals, permitting legal document review, budgeting, construction, and design, project branding, sales and marketing strategy and implementation
- The Associate will prepare detailed financial analyses and models including those for transaction underwriting and return on investment analysis, and will provide key takeaways to senior management
- Conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility
- Underwrite new development deals
- Prepare business plans, including annual operating plans, financial forecasts, strategic plans, and product introduction financial plans
- Author internal and external correspondence for transaction and property descriptions, offering memoranda for asset sales and capital raisings, and responses to RFP’s
- Manage detailed municipal filings for various development related programs, such as real estate tax abatements and municipal financing applications
- Manage Investment analysts assigned
Qualifications
- Track record of high academic achievement
- Bachelor's degree in finance, accounting, economics, real estate finance, or related disciplines preferred
- 4+ years of previous experience in real estate principal investing, asset management, financing, development, or investment banking
- Experience in real estate financial modeling from areas such as real estate corporate finance, investment banking, private equity or real estate investment sales, or debt platforms
- Strong quantitative, financial analysis and modeling, MS Excel skills are required
- Exceptional time management and prioritization skills are also required to succeed in a fast-paced environment, managing multiple projects with significant responsibilities and competing priorities
- Attention to detail, along with a strong desire to grow and succeed are critical
- Excellent communication, written and interpersonal skills at all levels are critical to success at Zyyo
- Must be able to work well in groups but also independently to manage and own tasks
- Candidates that have a passion for real estate, a strong entrepreneurial mind, and strong work ethic will have the potential to become part of a growing company on the cutting edge of real estate development and an industry leader
Must be comfortable going into One World Trade office Monday-Friday.
Benefits:
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus pay
Ability to commute/relocate:
- New York, NY 10007: Reliably commute or planning to relocate before starting work (Required)
Preferred Qualifications
Interested?
To Apply, Email your Resume to talent@zyyo.com