Position Summary:
The Development Associate will support all aspects of real estate development projects, including site evaluation, market research, financial analysis, design, entitlement, and construction coordination. The ideal candidate will be a proactive, detail-oriented professional with a passion for real estate development, strong analytical skills, and the ability to thrive in a fast-paced environment.
Key Responsibilities:
- Assist with evaluating and analyzing potential development opportunities, including site selection, feasibility analysis, and due diligence.
- Conduct market research to assess competitive positioning, market trends, and project viability.
- Prepare and update financial models, including pro formas, budgets, and return analyses.
- Support the development team in securing entitlements, permits, and approvals by coordinating with consultants, attorneys, and government officials.
- Collaborate with architects, engineers, and contractors during the design and construction phases to ensure projects remain on schedule and within budget.
- Assist in preparing presentations, proposals, and investment packages for internal and external stakeholders.
- Track project schedules, budgets, and key deliverables, providing regular updates to senior leadership.
- Monitor construction progress and communicate with project teams to address issues and implement solutions.
- Support asset management efforts, including leasing and operations, as projects transition from development to stabilization.
Qualifications:
- Bachelor's degree in Architecture, Real Estate, Finance, Urban Planning, Business, or a related field.
- 1-3 years of experience in architecture, real estate development, investment, or related industries preferred.
- Strong understanding of real estate fundamentals, including zoning, entitlements, construction processes, and project feasibility.
- Excellent communication, presentation, and organizational skills.
- Ability to manage multiple tasks simultaneously and prioritize in a dynamic environment.
- Detail-oriented, resourceful, and collaborative team player.
- Experience with industry tools such as Excel, CoStar, and similar platforms is a plus.
Why Join Our Firm?
- Impact-Driven Work: Be part of transformative projects that elevate communities and align with our commitment to philanthropy.
- Growth Opportunities: Gain hands-on experience and mentorship from a seasoned leadership team.
- Collaborative Culture: Join a passionate, innovative, and values-driven team dedicated to excellence.
- Work-Life Balance: Enjoy a supportive environment that values professional and personal well-being.