Development Associate

<h2>Overview</h2> <p>The <strong>Development Associate</strong> support the Development team in all aspects of the multifamily development process from site identification through project handoff to construction. The <strong>Development Associate</strong> will assist in due diligence, financial analysis, design coordination, entitlement efforts, and project management tasks. This position provides exposure to every phase of the development process and serves as a training ground for advancement to Development Manager.</p> <h2>Qualifications</h2> <p><strong>Training/Education</strong></p> <ul> <li>1–2 years of experience in real estate development, construction, finance, or a related field; multifamily experience preferred.</li> <li>Bachelor’s degree in Real Estate, Finance, Urban Planning, Engineering, Construction Management, Architecture, or a related discipline.</li> </ul> <p><strong>&nbsp;</strong></p> <p><strong>Experience/Skills </strong></p> <ul> <li>Proficient in Microsoft Office Suite (Excel, Word, PowerPoint); familiarity with Bluebeam, project management, and financial modeling software is a plus</li> <li>Strong analytical and organizational skills with attention to detail.</li> <li>Excellent written and verbal communication abilities.</li> <li>Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment. </li> <li>Self-motivated, collaborative, and eager to learn from senior team members.</li> <li>High degree of professionalism and confidentiality.</li> <li>Proven high level analytical skills.</li> <li>Exceptional writing and grammar skills with the proven ability to deliver high level presentations.</li> <li>Results oriented and solution focused.</li> <li>High degree of accountability/ownership, sense of urgency and adaptability.</li> <li>Excellent judgment and decision-making skills.</li> <li>Excellent organizational and time management skills including ability to multitask, prioritize and meet changing deadlines.</li> <li>Excellent internal and external customer service skills.</li> <li>Ability to create sensitive documents that are clear, concise, and detailed.</li> </ul> <h2>Responsibilities</h2> <p><strong>&nbsp;</strong></p> <p><strong><u>Essential Functions</u></strong></p> <ul> <li>Assist the Development Managers and senior team members in performing due diligence, including zoning and code review, title work, environmental assessments, and utility assessments.</li> <li>Support initial site selection and feasibility studies, including market research and conceptual planning. </li> <li>Help prepare and maintain project schedules and task trackers for due diligence and entitlement activities. </li> <li>Coordinate with consultants (civil engineers, architects, and other design professionals) to gather and organize design documents, reports, and deliverables.</li> <li>Assist in preparing documentation for entitlement applications, municipal submittals, and internal project approvals.</li> <li>Support the development of project budgets in collaboration with the Pre-Construction Department.</li> <li>Assist in assembling and formatting Investment Committee materials and other internal presentations.</li> <li>Contribute to financial analyses and underwriting models, updating assumptions, and preparing data for review by senior team members.</li> <li>Track project expenses, invoices, and budgets in coordination with accounting and development team members. </li> <li>Help coordinate communication between internal departments (construction, asset management, and property management) to ensure alignment across project stages. </li> <li>Participate in site visits and assist in documenting project progress and conditions.</li> <li>Provide general administrative and project support to the Development team as needed.</li> <li>Exhibit a proactive, problem-solving mindset and a willingness to learn. </li> <li>Effectively collaborate with in-house property management leadership to evaluate achievable rental levels, expense comparable and expense estimates for development opportunities being considered.</li> <li>Become knowledgeable with costs associated with development, including physical construction costs, site development costs, pre-development costs and estimates through collaboration with Develop Manager and Preconstruction estimate submittals.</li> <li>Analyze RFP’s for opportunity, feasibility and market research.</li> <li>Effectively communicate with brokers, lenders, prospective clients, housing agencies, government agencies, legal counsel as required to perform the above duties.</li> <li>Ensure company policies, procedures and guidelines are complied with in a professional manner and are demonstrated in all oral and written communications.</li> <li>Complete other duties and projects as assigned by supervisor.</li> </ul> <p>#CC</p>