Redbrick LMD is a vertically integrated real estate investment, management and development company, with a primary concentration in the Washington, DC metropolitan area. The company specializes in large-scale, institutional-quality development projects with high impact, while also owning and managing a portfolio of existing operating real estate assets. Redbrick is one of the largest private landowners of Opportunity Zones in the District of Columbia and is intently focused on sustainability, health, wellness, and connection to community and the outdoors.
The Associate, Finance and Investments will support the senior leadership of Redbrick LMD by creating and maintaining detailed financial models for the company’s development pipeline, long-term strategic investments, leasing opportunities, and real estate funds (including traditional private equity partnerships and Opportunity Zone investment funds).
RESPONSIBILITIES AND DUTIES
- Creation of financial and feasibility analysis for all phases of property investment, financing, development, and fundraising
- Maintenance and enhancement of real estate development and investment financial models, providing coaching and constructive feedback to analysts
- Sourcing project-level and market-level assumptions for pro forma models; working closely with internal and external sources to ensure assumptions are consistent with market conditions
- Construction and maintenance of portfolio roll-up and fund models
- Constructing detailed waterfall projections to forecast ROI and distributions to investors
- Evaluating and underwriting potential real estate acquisitions, supporting assumptions in written investment memoranda and presenting to the team
- Assisting with analysis to support capital strategy, including equity and debt capital raise activity from inception through close
- Overseeing the preparation of ad hoc partner-level reports and analyses
- Supporting the Capital Markets team in preparing analyses and reports for investors and investment partners
- Continually evaluating assumptions, materials, team member performance, and workflow with an eye toward improving functionality, format, and overall productivity
- Ability to critically analyze and communicate the fiscal aspects of a commercial real estate asset
- Ability to thrive in a fast-paced environment, manage multiple tasks, and meet deadlines
- Proven experience in Excel-based financial modeling and strong analytical skills
- Excellent communication skills and ability to support underwriting assumptions
- Comfortable working within a team setting and providing oversight to analysts
- Ability to maintain confidentiality regarding sensitive information
EDUCATION AND EXPERIENCE
- Bachelor’s Degree (concentration in finance or business administration is desirable)
- 3+ years of relevant real estate finance, acquisitions, development, and/or underwriting experience
- Proven organizational skills and exceptional attention to detail
- Experience using PowerPoint, Yardi, and market research platforms
- Experience interacting with the brokerage and market research communities
- An understanding of advanced financial concepts, common real estate acquisition and development return metrics, and multifamily and office investment fundamentals