Development Associate
2 weeks ago
A leading investment firm focused on multifamily and low-income housing is seeking a skilled Development Associate to join their team.
About the CompanyThe company is a top 50 real estate development firm with a nationwide presence, offering a vertically integrated team structure with dedicated departments for acquisitions, development, construction, finance, accounting, and asset management.
Job SummaryWe are seeking a dynamic and results-driven Development Associate to work on a variety of projects, from ground-up development to major renovations. The successful candidate will have the opportunity to contribute to the growth and success of our company.
Responsibilities- Conduct comprehensive land feasibility analysis to evaluate potential development opportunities.
- Prepare and submit financial applications and secure necessary approvals.
- Perform financial underwriting to assess the viability of proposed projects.
- Conduct thorough due diligence to identify potential risks and develop mitigation strategies.
- Manage contract solicitation processes, including preparing RFPs, evaluating bids, and negotiating contracts.
- Collaborate with cross-functional teams to ensure successful project execution.
- Monitor project progress and provide regular updates to senior management.
- Identify and cultivate relationships with potential partners and investors.
- Stay abreast of industry trends and regulations to inform strategic decision-making.
- Contribute to the continuous improvement of our processes and systems.
- A minimum of 5 years of experience in a similar role within the construction industry.
- Proven experience in land feasibility analysis, financial application, financial underwriting, due diligence, and contract solicitation.
- A bachelor's degree in Construction Management, Civil Engineering, Finance, or a related field. A master's degree or relevant certifications will be an added advantage.
- Strong financial acumen and the ability to make sound decisions based on financial analysis.
- Excellent negotiation skills and the ability to manage relationships with various stakeholders.
- Detail-oriented with strong problem-solving skills.
- Ability to manage multiple projects simultaneously and meet tight deadlines.
- Excellent communication and presentation skills.
- Proficiency in relevant software and tools.
- A strong commitment to safety, quality, and customer satisfaction.
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