Senior Acquisition Analyst

Summary

About the Company

Avdoo is a New York City-based real estate development firm focused on acquiring, entitling, and developing high-quality residential and mixed-use projects across Manhattan and Brooklyn.

About the Role

We are seeking a Senior Analyst to join our Acquisitions team and play a critical role in underwriting equity and debt opportunities across our development and investment platform. This is a highly analytical, hands-on role for a candidate with deep experience underwriting residential condominium development deals in NYC, strong Excel and financial modeling capabilities, and meaningful exposure to debt and capital markets.

Responsibilities

1. Underwrite ground-up and conversion residential condo development opportunities in Manhattan and Brooklyn from acquisition through exit
2. Build and manage sophisticated Excel-based financial models, including development pro formas, joint venture equity structures, and complex waterfall/promote distribution models
3. Analyze and underwrite additional asset classes including multifamily, office, and retail
4. Evaluate and structure debt financing, including construction loans, mezzanine financing, preferred equity, and other credit products
5. Work with lenders, debt funds, mortgage brokers, and capital markets professionals
6. Assist in evaluating NYC zoning, including FAR, height, use, bulk, and entitlement considerations
7. Analyze and model the impact of NYC tax abatement and incentive programs, including 485-x, 467-m, and similar programs
8. Prepare investment memoranda and internal presentations for senior leadership
9. Support due diligence efforts, including review of zoning analyses, budgets, leases, consultant reports, and legal documentation

Qualifications

1. Minimum 4-5 years of experience underwriting residential condominium development deals specifically in Manhattan and Brooklyn
2. Experience underwriting other asset classes, including multifamily, office, and retail
3. Advanced Excel proficiency, including demonstrated expertise in development modeling and waterfall/promote structures
4. Significant experience on the debt / credit side through a debt fund, mortgage brokerage, or capital markets role
5. Strong working knowledge of New York City zoning regulations and entitlement considerations
6. Familiarity with NYC tax abatement and incentive programs, including 485-x and 467-m
7. Strong understanding of NYC real estate capital stacks and development economics
8. Highly detail-oriented, organized, and comfortable working in a fast-paced, transaction-oriented environment
9. Strong written and verbal communication skills
10. Expectation that this role is primarily in-office in New York City; this is not a remote or work-from-home position

Preferred Skills

1. Experience at a NYC-focused real estate developer, private equity firm, debt fund, or capital markets group
2. Direct exposure to construction financing and complex capital structures

Pay range and compensation package

Salary starts at $150,000 and benefits include healthcare with an Employer contribution (subject to applicable exclusions and limitations), access to commuter benefits, and a 401(k)

Equal Opportunity Statement

Avdoo is committed to diversity and inclusivity.

Job Description

About the Company

Avdoo is a New York City-based real estate development firm focused on acquiring, entitling, and developing high-quality residential and mixed-use projects across Manhattan and Brooklyn.

About the Role

We are seeking a Senior Analyst to join our Acquisitions team and play a critical role in underwriting equity and debt opportunities across our development and investment platform. This is a highly analytical, hands-on role for a candidate with deep experience underwriting residential condominium development deals in NYC, strong Excel and financial modeling capabilities, and meaningful exposure to debt and capital markets.

Responsibilities

1. Underwrite ground-up and conversion residential condo development opportunities in Manhattan and Brooklyn from acquisition through exit
2. Build and manage sophisticated Excel-based financial models, including development pro formas, joint venture equity structures, and complex waterfall/promote distribution models
3. Analyze and underwrite additional asset classes including multifamily, office, and retail
4. Evaluate and structure debt financing, including construction loans, mezzanine financing, preferred equity, and other credit products
5. Work with lenders, debt funds, mortgage brokers, and capital markets professionals
6. Assist in evaluating NYC zoning, including FAR, height, use, bulk, and entitlement considerations
7. Analyze and model the impact of NYC tax abatement and incentive programs, including 485-x, 467-m, and similar programs
8. Prepare investment memoranda and internal presentations for senior leadership
9. Support due diligence efforts, including review of zoning analyses, budgets, leases, consultant reports, and legal documentation

Qualifications

1. Minimum 4-5 years of experience underwriting residential condominium development deals specifically in Manhattan and Brooklyn
2. Experience underwriting other asset classes, including multifamily, office, and retail
3. Advanced Excel proficiency, including demonstrated expertise in development modeling and waterfall/promote structures
4. Significant experience on the debt / credit side through a debt fund, mortgage brokerage, or capital markets role
5. Strong working knowledge of New York City zoning regulations and entitlement considerations
6. Familiarity with NYC tax abatement and incentive programs, including 485-x and 467-m
7. Strong understanding of NYC real estate capital stacks and development economics
8. Highly detail-oriented, organized, and comfortable working in a fast-paced, transaction-oriented environment
9. Strong written and verbal communication skills
10. Expectation that this role is primarily in-office in New York City; this is not a remote or work-from-home position

Preferred Skills

1. Experience at a NYC-focused real estate developer, private equity firm, debt fund, or capital markets group
2. Direct exposure to construction financing and complex capital structures

Pay range and compensation package

Salary starts at $150,000 and benefits include healthcare with an Employer contribution (subject to applicable exclusions and limitations), access to commuter benefits, and a 401(k)

Equal Opportunity Statement

Avdoo is committed to diversity and inclusivity.