Development Analyst

Path Construction

  • Arlington Heights, IL
  • $80,000-120,000 per year
  • Permanent
  • Full-time
  • 1 month ago
  • Apply easily
Path Construction is seeking a Development Analyst to support Development Leads throughout all phases of the real estate development cycle. This role provides a unique opportunity to work across acquisitions, finance, design, construction, and operations within a vertically integrated platform active in multiple states and asset classes.About Path ConstructionFounded in 2008, Path Construction has grown from a general contracting firm into a vertically integrated real estate organization with expertise across construction, design, and development. Our projects span healthcare, multifamily, hospitality, retail, education, self-storage, and senior living. With operations across 7 states, including growth markets in the Sunbelt and a strong presence in Chicago, we are strategically expanding our development portfolio.We are driven by innovation, quality execution, and the development of our people, which are the foundation of our continued success.Key Responsibilities
  • Assist development project leads in a broad range of activities including site acquisition, financing, governmental approvals, design and construction monitoring, project branding, sales, and marketing strategy.
  • Conduct market, site, and zoning assessments and support all related due diligence for development feasibility.
  • Perform market research to benchmark trends by tracking rents, sales per SF, operating costs, and competitive supply/expansion activity.
  • Support the team in underwriting new development deals, including preparing business plans, financial forecasts, annual operating plans, strategic plans, and product introduction financials.
  • Regularly assess financial and operational performance of existing assets and prepare detailed quarterly reports for senior leadership.
  • Prepare detailed financial models for transaction underwriting, return analysis, and scenario planning.
  • Collaborate cross-functionally to monitor construction budgets, costs, and delivery timelines.
  • Author internal and external correspondence, including investment memoranda, transaction summaries, and property descriptions for asset sales and capital raises.
  • Coordinate with external partners, architects, and design consultants to align external inputs with project goals and schedules.
  • Track and report on project progress, providing regular updates to internal stakeholders and capital partners.
Requirements
  • Bachelor’s degree in Real Estate, Finance, Business, Urban Planning, Architecture, or related field.
  • 2+ years of experience in real estate development, investment banking, or a related field.
  • A real passion for real estate development, entrepreneurial mindset, and strong work ethic.
  • Excellent quantitative and analytical skills; high proficiency in Excel.
  • Experience in real estate financial modeling preferred.
  • Experience in multi-family or hospitality development a plus.
  • Strong time management and prioritization skills, with the ability to manage multiple responsibilities in a fast-paced environment.
  • Clear and concise verbal and written communication skills.
  • High attention to detail and a demonstrated desire to learn and grow professionally.
  • Ability to work both independently and collaboratively within cross-functional teams.
Benefits
  • 401(k)
  • Health, Dental, Vision, Life, Long-Term and Short-Term Disability Insurance
  • Company cellphone and computer
  • Annual Bonus Plan

Path Construction