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Development Coordinator
3 months ago
Position Overview:
Our top real estate client seeking a Temporary Development Coordinator to support our Development team in a variety of tasks. This role is crucial in ensuring the smooth operation of our development projects and involves a wide range of administrative and project coordination responsibilities.
Key Responsibilities:
- Development Team Administration:
- Oversee various development administration-related tasks and issues.
- Set up vendors and manage vendor relationships.
- Process check requests and rush checks, as needed.
- Research and enter annual G&A budget data.
- Plan and coordinate development retreats.
- Take and prepare meeting minutes for weekly and quarterly development meetings ensuring accurate and timely distribution of meeting notes and follow-ups.
- Project Documentation & Coordination:
- Work with development project team to store and maintain deal information and documentation.
- Act as liaison to Development Accounting.
- Monitor Payscan, approve invoices, and ensure proper workflow.
- Update project bond tracking spreadsheet/refundable deposits and coordinate bond releases
- Prepare and update development timelines using Microsoft Project.
- Track, circulate and distribute development project CO's/PCO's/COR's
- Assist with punch walks for new development projects.
- Schedule local comps by researching the rental market to track rents, comp finishes, and amenities within pricing as requested
- Assist with consultant and general contractor contract negotiation process. Track the progress and ownership of each negotiation task for the contracts.
- Manage the input of executed contracts into Yardi and distribute to vendor
- Assist and organize neighborhood meetings with adjoining sites to educate the public on our developments plans when required.
- City Plan Submittals and Document Management:
- Assist development managers with city plan submittals.
- Order project plans from Barker Blue, as needed.
- Maintain original closing documents, contracts/agreements, and organize digital files on SharePoint.
- Reporting and Tracking:
- Structured Finance reporting- coordinate monthly inspection info from Dev Team and Sponsors and update report
- Monitor and/or prepare submissions for various construction awards.
- Assist in updating the Development Track Record.
- Maintain and update the Development Department Policy & Procedure manual and Development Project Assignment List.
- Update project invoice trackers
- Liaison between Development and the Insurance Team to coordinate Development and Preferred Equity project insurance needs and track all expirations.
- Review all reports from the consultants to the general contractor and ensure that Essex is receiving current reports.
- General Support:
- Be familiar with the construction schedules and budgets for all development projects.
- Answer general questions and provide information regarding development projects as requested.
- Perform other projects as requested by development team members.
Qualifications:
- Bachelor's degree in Real Estate, Urban Planning, Business Administration, or a related field preferred.
- 2+ years of experience in real estate development, project management, or a related role.
- Strong organizational and multitasking skills with a keen attention to detail.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and project management software.
- Ability to work independently and as part of a team, with a proactive and flexible approach to tasks.
- Knowledge of real estate development processes, zoning regulations, and construction practices is a plus.
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.