Business & Financial Analyst
- • Grand Rapids, Michigan • Full Time
Posted on Fri, May 15, 2026
The Business & Financial Analyst will serve as a key driver of Northgate’s growth strategy, with a primary focus on identifying, evaluating, and executing acquisition opportunities that expand the company’s 3,500+ cabin, RV, and tent site portfolio. This role will lead acquisition underwriting, capital raising, financial modeling, and investor relations while also supporting portfolio-level performance management, forecasting, and strategic revenue growth. This is a full-time position located in the Grand Rapids, MI office.
DUTIES & RESPONSIBILITIES
- Lead deal execution across the development pipeline, including capital stack structuring (senior debt, mezzanine, LP equity), underwriting, financial modeling, and closing coordination
- Build and maintain institutional-grade financial models in Excel, including pro formas, scenario and sensitivity analyses, and waterfall structures with preferred returns and LP/Sponsor profit splits
- Drive equity capital raises by preparing investor materials (pitch decks, executive summaries, operating agreement summaries, market sizing, and analog comparisons) and managing investor outreach campaigns
- Own investor relations across the active portfolio, including drafting investor updates, responding to diligence questions on preferred return mechanics and cost pass-through provisions, and managing DocuSign execution of operating agreements and subscription documents
- Prepare and present senior debt financing packages to lenders, including bank loan presentations, term sheet negotiation support, and metrics packages (LTV, DSCR, debt yield)
- Conduct portfolio-level financial diagnostics to identify margin compression, NOI underperformance, and operational improvement opportunities; build frameworks with watch-list properties, scenario targets, and action trackers
- Lead acquisition and development underwriting for camp-resort, RV park, marina, and mixed-use opportunities, including land basis analysis, replacement cost benchmarking, cap rate methodology, and entitlement risk assessment
- Coordinate with external partners, including capital markets brokers, institutional LPs, and family offices, lenders, attorneys, and accountants
- Support strategic narrative development for institutional pitches, aligning property-level stories across the Camp Fimfo and Jellystone brand portfolios
- Interface with the CFO, CEO, Chairman, and ownership group on capital planning, deal prioritization, and investor communications
- Participate in other projects and activities as assigned
- Bachelors degree in finance, accounting, real estate, economics, or a related field; MBA or CFA a plus
- 5+ years of experience in real estate private equity, investment banking, corporate development, or principal investing, with a preference for hospitality, RV/outdoor, multifamily, or mixed-use experience
- Demonstrated track record of closing equity raises and debt financings
- Advanced Excel skills required, including pro forma construction, waterfall modeling, scenario and sensitivity analysis, Power Query, pivot tables, and data modeling
- Strong working knowledge of partnership tax structures (Form 1065 fundamentals), depreciation and cost segregation strategy, bonus depreciation timing, and how these drive investor returns
- Experience with investor reporting workflows, DocuSign, data rooms, and CRM tools
- Familiarity with Google Workspace (G-Suite)
- Strong analytical thinking with the ability to translate complex financial models into clear investor narratives
- Excellent written communication skills, including the ability to draft polished, professional outreach emails and investor updates with appropriate tone calibration
- Demonstrated ability to manage multiple concurrent transactions across the deal lifecycle, from sourcing through close
- Collaborative mindset with the ability to work cross-functionally with operations, finance, development, and external partners
- Strong sense of urgency, ownership, and attention to detail, particularly around investor-facing materials and closing documents
- Professional demeanor and discretion in handling confidential information, including LP-specific terms, lender communications, and ownership-level strategy
- Results-oriented with a strong work ethic and the ability to operate effectively in a fast-paced, lean deal team environment
- Remain stationary for long periods
- Walk and occasionally stand during shift
- Able to lift up to 20 lbs
- Able to manipulate fingers, hands, and arms to reach, carry, etc
- Ability to look at a computer monitor for extended periods
Northgate provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Northgate is also a proud participant of the E-Verify Program.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.