About Us:
The Calida Group is a leading real estate private equity firm focused on multifamily and mixed-use real estate development, investment, and construction. Under the exclusive Elysian and Ely brands, each luxury community we create reflects our commitment to quality design, construction and management while creating value and dependable results for our investment partners. Our private real estate portfolio includes luxury multifamily, retail, mixed-use and senior housing properties in both urban and suburban locations. Calida is frequently ranked in NMHC’s Top 25 Largest Apartment Developers and remains actively invested throughout the Western United States.
Position Summary:
You will be responsible for assisting our Associates, Vice Presidents and Chief Investment Officer in all aspects of the development and acquisitions process including: entitlement submittals, financial modeling, creating financing memoranda, design, construction, and asset management. This position will be based out of our Summerlin Las Vegas office.
Our goal is to provide a professionally rewarding experience in a fast-paced, entrepreneurial team environment. We are seeking high achievers who have a strong work ethic, are intellectually curious and motivated to learn – with a genuine interest in Real Estate and Finance.
Primary Duties & Responsibilities:
- Assist in creating and maintaining complex development models for large scale multifamily, retail and mixed-use projects
- Aggregate and evaluate market rent data for comparable properties analyses (rents, sale prices, occupancy, etc.)
- Aid in creating offering memoranda for both equity and debt requests
- Arrange and synthesize third party reports such as market studies, property tax analysis, etc.
- Conduct due diligence activities for new potential acquisitions and developments including: the research and analysis of market factors that may influence the viability of a potential deal/project
- Create, manage, track, and assist with the execution of due diligence-related activities
- Prepare and maintain project schedules and critical date timelines
- Prepare and communicate with third party vendors for RFP opportunities
- Prepare reports for senior management on development progress and critical decision points
- Assist in preparing materials to present to Directors, Managing Directors and Investment Committee members
- Assist development team in creating, preparing and managing other projects relating to the development, design, financing and construction of apartment buildings
Qualifications:
- Bachelor’s Degree or higher in relevant field (Business, Finance, Accounting, Economics, Mathematics, Computer Science, etc.)
- Demonstrated proficiency in Microsoft Word, Excel (Must be familiar with formulas, tables, and financial metrics), Power Point and Outlook required
- Strong academic track record
- Excellent oral and written communication skills (spelling and grammar)
- Excellent interpersonal skills
- Excellent phone skills
- Organized, able to set priorities, meet deadlines and able to multi-task
- Uncompromising attention to detail
- Able to both take direction and show initiative as appropriate
- Dedicated to the field of real estate, enthusiastic approach to professional responsibilities
- Comfortable presenting ideas and solutions to leadership and firm’s principals
- Reliable form of transportation
Where to apply:
Interested candidates – Please submit a resume and optional cover letter on Handshake or send to Careers@thecalidagroup.com.
