Senior Associate, Strategic Initiatives

Job DetailsJob Location: 805 Third Corp - 7th Floor - New York, NY 10022Position Type: Full TimeEducation Level: 4 Year DegreeSalary Range: $200,000.00 - $250,000.00 Salary/yearJob Shift: AnyExtell Development Company

 

About Us:

Founded and headed by Gary Barnett, Extell Development Company is a nationally acclaimed real estate developer of residential, office, retail and hospitality properties, operating primarily in Manhattan and other premier cities across the nation. Experiencing outstanding growth since its founding in 1989, the company’s growing portfolio exceeds twenty five million square feet.

 

Overview:

Extell is seeking a high performing Senior Associate to work directly with the President & Co CEO on firmwide strategic initiatives. This role offers broad exposure across acquisitions, asset management, portfolio strategy, capital raising, research, AI integration, and corporate strategy, with exceptional visibility. This is a high volume, fast paced, and demanding role appropriate for a self motivated professional with a strong work ethic, exceptional analytical capabilities, and the ability to perform under tight timelines while managing multiple priorities. The ideal candidate is a highly analytical real estate professional who combines strong technical skills with strategic thinking

 

Key Responsibilities:


Partner directly with the President & Co CEO on high priority, time sensitive strategic initiatives
Underwrite acquisitions, developments, recapitalizations, and strategic investments
Build and maintain sophisticated development, valuation, and portfolio level models
Perform portfolio analysis to support asset level and firmwide capital allocation decisions
Analyze and structure senior debt, mezzanine, preferred equity, and JV capital stacks
Model equity waterfalls, promote structures, and investor returns
Conduct in depth market research, including supply/demand analysis
Support capital raising initiatives and investor materials
Assist with evaluation and implementation of AI and technology tools to enhance analytical efficiency
Manage multiple workstreams concurrently and deliver high quality output under tight deadlines

QualificationsQualifications:


3 to 7 years of experience in real estate private equity, development, investment banking, or asset management
Advanced proficiency in Excel and financial modeling
Strong experience with: 

Development and real estate underwriting models
Portfolio modeling and asset level analysis
Senior and mezzanine capital structures
Joint ventures, preferred equity, and complex equity waterfalls
Market analysis including supply, demand, absorption, and pricing


Strong written and verbal communication skills; experience interfacing with senior leadership
Exceptional work ethic, attention to detail, and ability to thrive in a high expectation environment
Proven ability to handle significant workload and evolving priorities with professionalism and discretion


 

Compensation & Benefits:

Extell Development offers competitive pay and benefits and opportunities for professional growth and advancement to include:


$200,000 - $250,000 salary
Medical, Dental, and Vision Insurance
Life and AD&D Insurance
Short- and Long Term Disability
401(k)
Paid Time Off
Paid Holidays
Employee Assistance Program


 

*Equal Opportunity Employer