Jonathan Rose Companies
 
Careers


NEW POSITIONS INTERNSHIPS
If you support our mission and are looking for a collaborative, multi-disciplinary work environment, you will find a career at Jonathan Rose Companies to be both challenging and rewarding. We understand that a successful business is built on leadership, project excellence and a visionary outlook for the future.

Jonathan Rose Companies is an equal opportunity employer that supports and promotes human dignity and racial, ethnic and cultural diversity by taking positive steps to eliminate barriers that may exist in hiring and employment practices. We encourage applications from minorities, women, and persons with disabilities. Company policy prohibits discrimination or harassment on the basis of race, color, religion, national origin, ancestry, sex, age, marital status, familial status, sexual orientation, disability or veteran status.

Salary will be commensurate with experience and qualifications.  Comprehensive benefits provided.  Position available immediately. 


Contact Information
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Please include the name of the position in the subject line of the email.

Fax: (917) 542-3601
No Phone Calls Please

We are currently accepting application for our Summer internship program. 

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THE FREDERICK P. ROSE ARCHITECTURAL FELLOWSHIP

The Frederick P. Rose Architectural Fellowship was established in 1999 by the Frederick P. Rose and Sandra P. Rose Foundation to assist recent architecture school graduates in directing their skills in the service of low and moderate-income communities.

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SENIOR PROJECT MANAGER
MARKET-RATE DEVELOPMENT
NEW YORK CITY OFFICE
We are seeking a Senior Project Manager for our Development practice group.

The ideal candidate should possess the following qualities:

  • Thoroughly understand the Jonathan Rose Companies and its history, mission , programs, finances, and its partners, affiliates and other stakeholders;
  • Know and understand all facets of the Development Group 's existing market-rate projects ; manage project managers and projects so that they are completed on time and on budget and in accordance with the Jonathan Rose Companies' guiding set of principle s; make staffing or other operational adjustments as needed;
  • Lead the efforts to develop a new market-rate building in Brooklyn Heights which is scheduled to break ground by year end. This building will have 130 mixed-income units.
  • Oversee day-to-day project management services from project planning and financial structuring through construction completion and closeout - on one or more real estate development projects; oversee all financing, leasing, partnership negotiations, architecture, construction contract s and all other legal aspects of market-rate development;
  • Inspire and help lead project managers, encouraging their best ideas and efforts; provide decisive leadership while emphasizing a collaborative relationship throughout the organization and with the network of affiliates;
  • To guide the overall direction of projects, making recommendations in concert with the Director of Construction;
  • Assist in the predevelopment phase by leading the design operations and marketing team in the design efforts and by balancing the financial impacts, operational, marketing, and management decisions.
  • Advance the company's application of green building practices.
Qualifications:

  • An established record of success as a project leader, having completed at least six substantial development project s, with projects ranging from $20-$100 million in value, including significant experience with for-sale housing and condos, and demonstrated ability to lead complex public/private development partnerships. Experience with mixed-use, retail and office projects also preferred;
  • Minimum 10 years of experience in market-rate real estate development gained in a for-profit real estate development organization; thorough understanding of market-rate development projects, including overall deal structuring, land planning, the entitlement process, finance, design and construction management ;
  • Excellent communication skills (oral and written ), and the ability to represent the Jonathan Rose Companies to a broad spectrum of audiences and environments;
  • Understanding of community redevelopment. Knowledge of Smart Growth principles and green building;
  • Master's degree in real estate development , planning, engineering or architecture and/or master's degree in business administration is preferred ;
  • A clear understanding of and commitment to the Jonathan Rose Companies' mission, values, principles and goals coupled with knowledge of green and environmentally efficient building (exposure to affordable housing or mixed income projects a plus).

Salary will be commensurate with experience and qualifications. Excellent benefits provided.

Jonathan Rose Companies has a deep commitment to diversity. We are an equal opportunity employer. Company policy prohibits discrimination or harassment on the basis of race, color, religion, national origin, ancestry, sex, age, marital status, familial status, sexual orientation, disability, or veteran status. We support and promote equal employment opportunity, human dignity, and racial, ethnic, and cultural diversity by taking positive steps to eliminate barriers that may exist in hiring and in employment practices.


Contact Information
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Please include the name of the position in the subject line of the email.

Fax: (917) 542-3601
No Phone Calls Please

REAL ESTATE FINANCIAL ANALYST
INVESTMENTS GROUP
NEW YORK CITY OFFICE

We are seeking a real estate professional to join the Investments team as Financial Analyst (“Analyst”).  The Analyst will be responsible for performing valuations analysis for funds and underlying properties, supporting deal sourcing activities and for underwriting and completing affordable and mixed-income multifamily housing transactions and other projects for Invetsments and Asset Management.  The position will be based in New York City.

The Analyst will join the acquisition team within the firm’s Investments arm.  Investments manages Rose’s private equity fund business, overseeing co-mingle funds and institutional separate accounts, and all acquisitions, portfolio asset management, and investor relations activities.  

The Analyst will join the Investments team, which is responsible for portfolio management including quarterly valuations of assets and debt for the properties as well as fund level roll ups, analyzing new investment opportunities, including direct investments and joint ventures, reviewing operating partner reports, conducting due diligence (in close coordination with Asset Management), collaborating with the management of debt financing, grants and subsidies, conducting closings, creating property-level business plans, coordinating with the Finance and Accounting team, and transitioning new acquisitions to the Asset Management team. 

We seek mixed-income and 100% acquisitions with one or more of the following characteristics: properties with project-based Section 8 contracts; Section 42 properties with expiring use restrictions or re-syndication opportunities; Section 236 properties in need of restructuring; other assisted projects catered to low-income residents.

Many of the assets we acquire are in need of capital and energy efficiency improvements, and for this we leverage our firm’s 25 years of experience with building and renovating affordable housing.

Primary Responsibilities:

  • Perform portfolio analysis and quarterly valuations for funds and underlying properties
  • Analyze and screen potential acquisitions for match with underwriting criteria
  • Underwrite and complete new affordable and mixed-income housing investments nationally
  • Perform financial analysis and modeling, verification of income and expense assumptions, and evaluation of range of capital structures and financing relevant to affordable housing
  • Communicate with brokers, property managers, owners, consultants, government/regulatory agencies as necessary to inform accurate property valuation
  • Compile due diligence information for Investment Committee, including market research data, federal, state and local regulatory information
  • Assist in preparing initial asset level business plan, including documentation of strategy and forecast of financial performance
  • Complete applications and documentation necessary for obtaining debt financing or Low Income Housing Tax Credits as appropriate
  • Review pertinent legal documentation and support contract negotiations, including purchase contracts and joint venture agreements
  • Travel required

 

Qualifications

  • Positive attitude, strong sense of integrity and ethics
  • 2-4 years relevant experience
  • Strong quantitative analysis and financial modeling skills (Excel) are a pre-requisite
  • Willingness to take on new challenges, and structure and manage processes to produce results and meet deadlines
  • Demonstrated ability to solve complex problems, and think holistically while being detail-oriented
  • A strong command of multi-housing finance, including bonds, Low Income Housing Tax Credits, FHA, and GSE is preferred
  • Experience working with Department of Housing and Urban Development (HUD), including familiarity with regulations and subsidy programs is preferred
  • Excellent verbal and written communication skills
  • Education:  minimum B.A. or B.S. in Real Estate or Finance; M.B.A. preferred
  • Experience with mixed-use assets, and other product types (i.e. office and retail) is a plus.