Investments Associate

Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.
We are looking for an Investments Associate to join the team!
General Responsibilities
Financial Oversight & Investment Management
Serve as the financial lead throughout the development process of projects, focusing on investment and capital markets
Assist in negotiating key financial agreements, including purchase and sale agreements, development agreements, operating agreements, and loan documents
Due Diligence & Site Acquisition
Assist in the due diligence process for site acquisitions, including assessing financial feasibility, site conditions, and regulatory requirements
Support the financing process for site acquisitions, ensuring thorough analysis and risk management
Underwriting & Financial Modeling
Underwrite new and existing projects, ensuring financial models are maintained, updated, and aligned with investment strategies
Provide support in building financial projections and models to support acquisitions, financing, and development decisions
Market Research & Analysis
Lead the market research component for each project, focusing on specific asset classes to ensure that investment decisions are informed by accurate market data
Analyze industry trends, competitive landscape, and potential risks to support strategic decision-making
Financial Reporting & Business Plans
Maintain financial reporting for each project, including managing capital calls, preparing monthly financial reports, and supporting the development of business plans
Ensure reports are accurate, up-to-date, and aligned with company objectives
Investment Presentation & Communication
Draft and present investment memos for new and existing projects to the Executive Team, ensuring clear and concise presentation of financial data, project timelines, and risk assessments
Collaborate with senior leadership to provide insights and recommendations for potential investments
Cross-Department Collaboration & Onboarding
Manage interdepartmental onboarding and ensure effective collaboration across teams, including accounting, legal, development, and construction
Facilitate communication between departments to streamline processes and ensure smooth project execution
Cash Management & Yardi Integration
Work with accounting on cash management for the project, including tracking deposits, outflows, and milestones
Support the integration of financial data into Yardi, ensuring accurate and timely reporting
Legal & Contract Support
Collaborate with the legal team on various contracts and administrative matters, including organizational documents, development agreements, fee agreements, and branding/management contracts
Ensure that legal documentation aligns with financial objectives and investment strategies
Development & Construction Collaboration
Work closely with the development and construction teams to process and review construction budgets, ensuring that financials align with project timelines and budgets
Additional Responsibilities
Take on additional responsibilities as needed to support the growth and success of the acquisition and development process
Qualifications
Bachelors degree in Economics, Finance, or Real Estate (Masters degree preferred)
46 years of experience in financial analysis and financial modeling, with the ability to build and interpret complex investment models
Development or real estate private equity experience required, with an understanding of real estate contracts and financial structures
Strong market research and analytical skills, including the ability to evaluate market trends, competitive dynamics, and risk factors
Experience supporting project-level financial reporting, capital calls, and cash flow management
Advanced proficiency in Microsoft Excel
As a team member at Terra, youll enjoy:
Career advancement and bonus opportunities
Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account)
Employer-paid life and disability insurance
Employer matching 401k
Employee team building events
Paid Time Off and paid Holidays