Fairstead

Develops and manages affordable apartment communities

Development Analyst

Real Estate DevelopmentConfirmed live in the last 24 hours

Full-timeWashington, DC, USA$85k

About the Job

Requirements

A bachelor's degree in a related field is required.
Demonstrated achievement in relevant coursework such as development, finance, accounting, legal studies, or urban planning.
Ability to demonstrate interest in real estate development.
Exceptional research and writing abilities.
Strong project management skills.
Must be detail-oriented and have outstanding analytical skills.
Strong analytical skills and the ability to multitask in a constantly changing environment.
Highly driven, values entrepreneurialism, and works well with limited direction.
Strong computer skills.
Desire to contribute to the creation and preservation of affordable housing.

Responsibilities

Review weekly development financial information and revise trackers, including development budgets, predevelopment budgets, and cash forecasts.
Analyze general ledgers, accounts payable, rent rolls, T-12s, and other property-level reports.
Collect vendor information needed to set up accounts payable systems.
Coordinate internal and external meetings for assigned deals.
Manage the shared file management system for assigned deals by uploading documents daily and using proper naming conventions.
Compile and submit meeting minutes for attended calls as directed by deal leads.
Track invoicing and accounts payable across multiple developments and report trends to senior staff.
Compile monthly construction draws for review and approval by senior development staff.
Travel to subject properties at the direction of senior staff.
Assist with affordable housing acquisition, rehabilitation, and development, including Section 8 and LIHTC, in core markets across the United States.
Compile due diligence information, including financial, market, site, and regulatory data.
Coordinate and assist with community meetings and governmental approval processes.
Complete applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal.
Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders, and other design and construction issues.
Coordinate with team analysts, clerical support, and other appropriate personnel.
Prepare client communications for senior-level review.
Work directly with a Senior Associate or Associate on projects.

Desired Qualifications

A master's degree in Real Estate Development or a similar degree is preferred.
Intermediate to advanced Excel skills are strongly preferred.

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 30,000 apartments, including pipeline, across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated. We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders.

Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing. In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency. We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.

The Analyst, Development contributes to all aspects of the company’s Affordable Housing Development platform that focuses on housing located throughout the US – inclusive of both acquisition and new construction.

Responsibilities:

Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
Collect vendor information necessary for setting up AP systems
Coordinate meetings for assigned deals both internally and externally for assigned deals
Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
Compile and submit meeting minutes for all attended calls as directed by deal leads
Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
Compile monthly construction draws for review and approval by senior development staff
Travel to subject properties at the direction of senior staff
Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US.
Compilation of due diligence information including financial, market, site, and regulatory data
Coordinate and assist community meetings and governmental approval processes
Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
Coordinate with appropriate personnel including team analysts, clerical support, and others
Prepare client communications for senior level review
Work directly with Senior Associate/Associate on project

Requirements:

Bachelor’s Degree in related field, Masters in Real Estate Development or similar degree preferred
Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning.
Ability to demonstrate interest in real estate development
Strong desire to learn new skills
Exceptional research and writing abilities.
Strong project management skills
Must be a detail-oriented person with outstanding analytical skills.
Strong analytical skills and ability to multi-task in a constantly changing environment
Highly driven and values entrepreneurialism; works well with limited direction.
Strong computer skills, Intermediate to advance Excel Skills strongly preferred.
Desire to contribute to the creation and preservation of affordable housing

Exact compensation may vary based on skills, experience, and location.

Salary Range

$85,000—$85,000 USD

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at

https://fairstead.com/privacy-policy/

Salary Range 85000 - 85000 USD

About the Company

Fairstead

Develops and manages affordable apartment communities

Fairstead is a real estate company focused on creating affordable communities across the United States. It operates a full‑stack platform with in‑house teams for acquisitions, development, construction, asset management, and property management, and it owns and manages more than 27,000 apartments in 28 states. The company’s product is carried out by coordinating land and building acquisition, development and construction, then ongoing management and operation of affordable housing communities through its in-house teams. Fairstead differentiates itself by offering an end-to-end platform with control over every step of a project from purchase to long‑term management, combined with a nationwide footprint and a mission‑driven commitment to affordable housing. Its goal is to expand access to safe, affordable housing by growing and managing communities at scale while maintaining quality and community impact.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: New York City, New York
Founded: Not listed

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