Development Associate

4 weeks ago

Dallas, United States Hillwood Investment Properties Full time
Company Overview:

Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor and advisor of properties throughout North America and Europe. With a diverse portfolio of properties and home to many of the world's leading companies, Hillwood is committed to bringing long-term value to our customers, partners and the communities we serve.

Through its Communities division, Hillwood has delivered 50,000 single-family lots in master-planned communities across 13 states and Costa Rica. These communities continue to raise the bar in terms of quality, innovation, and the unmistakable sense of community that sets each property apart. Before laying the physical groundwork for any new residential development, Hillwood Communities takes the time to focus on the ideals that draw people together - and the everyday interactions that strengthen those bonds. By purposefully designing trails, gathering spaces, and structural amenities to spark spontaneous encounters and foster shared interests, Hillwood Communities believes in the power of community. For more information, please visit www.hillwoodcommunities.com.

Position Summary:

Hillwood Communities is seeking a Development Associate to join its growing business in Dallas, TX.The position will initially concentrate on providing front end development support to two Development Leaders and Director of Development.

Responsibilities:

Pre-Construction:

  • Interface with land planners, civil engineers, landscape architects, city/ county officials and other governmental entities and homebuilding client team members.
  • Assist with design phase (Planner, Civil, Environmental, Geotech, Architect, Structural and Landscape)
  • Coordinate and assist with Phase I Environmental Surveys, geotechnical studies and other site related documentation requirements.
  • Orchestrate and manage off-site issues, if needed (easements, adjacent property owners, etc.
  • Oversee preliminary design through final plat acceptance
  • Conduct design review meetings with all design consultants
  • Manage jurisdictional permitting and contract evaluation
  • Understand and assist with entitlement process and amendments, as needed
  • Refine schedule/organize fast track method with city/design team
  • Analyze, recommend, and coordinate value engineering opportunities
  • Review and refine development budgets, schedules, and market assumptions for the financial model
  • Review and approve monthly invoices from consultants and vendors
  • Produce monthly development management packages for various development partners
  • Coordinate with Hillwood team for overall project strategy
  • Assist the Development Leaders with project schedules and budgets
Project Financing:
  • Assist and help manage development related project budgets
  • Provide assistance on loan closing checklists as needed
  • Work with the team to create bank budget and cash flow assumptions
  • Supervise the assembly of development due diligence information for Appraiser and Lender
  • Re-certify surveys, Geotech, environmental, etc. to bank as required
  • Track and complete post-closing issues as required
  • Assist Accounting to complete monthly bank draws as necessary
Construction:
  • Work with City to expedite permitting
  • Assist with finalizing pricing/ bids into schedule of values as basis for contract amount
  • Review construction contracts
  • Attend weekly job meetings and monitor job progress
  • Maintain critical relationships with city personnel through construction process
  • Negotiate utility connections, relocations, and costs as needed
  • Review and approve sub-contractor buy-out recommendations
  • Review and process monthly contractor pay-applications
  • Update the Development Cost Summary monthly
  • Review monthly cost reports
  • Prepare Substantial Completion packages for homebuilder clients
Required Skills/Abilities:
  • High level of proficiency in Microsoft Excel and presentation programs
  • Strong written, verbal, and presentation skills
  • Organized and detail oriented
  • Strong work ethic and ability to be flexible and multi-task
  • Self-motivated individual who strives for excellence in their work product
  • Strong interpersonal skills with the ability to interact with the project team, contractors, and governmental officials
Education and Experience:
  • Bachelor's Degree required, specifically in Construction Management, Civil Engineering, Architecture, Real Estate Development or related field
  • Minimum1 -2 years of residential development preferred
  • Experience in residential lot development or homebuilding a plus


EEO Statement:

Hillwood is committed to providing Equal Opportunity in Employment, to all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental disability, sexual orientation, gender identity, genetic information or any other characteristic protected by law.

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