Manager, Development

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Our Company

At Brookfield Properties, the foundation of our success is firmly rooted in our people.

Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity.

Our teams operate an iconic portfolio of irreplaceable properties within the world’s most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management.

Job Description

We Are Brookfield Properties:

At Brookfield Properties, our success starts with our people. People like you. Brookfield Properties develops and operates real estate investments on behalf of Brookfield Asset Management — one of the largest alternative asset managers in the world. From office to retail, logistics to multifamily, and hospitality to development, we work across sectors to bring high-quality, sustainable real estate to life around the globe every day.

We are seeking a Manager to join our Development team located in New York City. The Manager will be an active member of the Housing Development Team in overseeing existing projects, executing business plans, achieving strategic initiatives, and helping with pipeline initiatives.

Role & Responsibilities:

• Develop, maintain, & report on financial models for current & prospective development projects
• Prepare economic analysis including: DCF projections, return sensitivities, market analysis, equity investments, debt structures, etc.
• Prepare presentations & reports for public agencies, partners, & internal management
• Collaborate with the senior leadership team to develop & evaluate multiple scenarios for each development opportunity
• Track project budgets & prepare reports for internal FP&A team; help to set project-related tasks, milestones, & meeting schedules during acquisitions, predevelopment, entitlements, & construction
• Support the acquisitions team in underwriting new development & investment opportunities, preparing financial models & performing due diligence
• Engage with & help oversee the workflow of architects, engineers, general contractors & other consultants & service providers
• Prepare investment memorandums for the senior leadership team
• Coordinate information exchange with regional offices & multiple company divisions such as: Acquisitions, Financing, Design and Construction, Leasing, Asset Management, Legal, & Marketing
• Research & summarize identified project constraints such as zoning & land use regulations; develop expertise in all relevant local regulations & trends
• Act as an ambassador with neighborhood organizations & external groups

Your Qualifications:

• Bachelor’s degree in related major, finance degree a plus
• 2 to 4 years relevant commercial real estate financial analysis experience
• Advanced proficiency in Microsoft Excel. ARGUS Enterprise software experience a plus
• Excellent interpersonal, analytical, & strategic problem-solving abilities
• Strong written & verbal communication skills
• Ability to work as part of a team
• Ability to compellingly articulate ideas, arguments, & recommendations
• Ability to handle large volumes of work; good organizational skills, & ability to manage workflow, prioritize, & meet deadlines
• Self-motivated & proactive with respect to managing deliverables, own professional development, and new ideas or strategies to improve team efficiency

Your Career @ Brookfield Properties:

At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people. We take pride in knowing that 70% of our employees have more than 5 years of tenure.

End your job search and find your career today, at Brookfield Properties.

Why Brookfield Properties?

We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks.

Compensation & Benefits:

Salary Type: Exempt

Pay Frequency: Bi-weekly

Annual Base Salary Range: $115,000 - $135,000

Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan

Dental Coverage: Yes, under Brookfield Medical Plan

Vision Coverage: Yes, under Brookfield Medical Plan

Retirement: 401(k)

Insurance: Employer-paid life & short/long term disability

Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.