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Development Associate

Salary
$100,000-$124,999
Employment
Full Time
Real Estate Field
  • Development
Location
Miami
 FL
Postal Code
33127
Country
United States

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Description


Summary: The Development Associate will work with the Regional Partner and others within the company to
support development and financing activities, including but not limited to performing market
analysis and due diligence, producing financing packages and internal investment summaries, and
working with consultants on project related tasks.

Experience: 2-5+ years of experience— Direct multifamily development experience is strongly preferred. Must
have either multifamily or development experience to apply. A bachelor’s degree is required. In
addition, proven experience in the following is required:

1. High level of attention to detail and accuracy with exceptional organizational skills.
2. Very strong interpersonal skills and ability to build relationships with stakeholders.
3. Expert level written and verbal communication skills.
4. Ability to work with minimal supervision with high degree of discretion and independent
    judgement.
5. Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced
    environment.

Essential Job Functions:
1. Support the pre-development process which includes, but is not limited to, market and site analysis, zoning/
    rezoning, underwriting potential deals and financing structures, relationship building/management with both
    internal and external partners, etc.
2. Must perform multiple, fast-paced job functions highly independently, utilizing effective time management skills,
    under limited or no supervision following minimal pre-established guidelines.
3. Analyze regional markets to identify opportunities, industry trends, etc.
4. Calculate financial feasibility of proposed developments including pro forma analysis, profitability analysis, and
    internal rate of return analysis.
5. Develop and assist in preparing offers and presentations to sellers.
6. Assist in negotiating and finalizing new contracts for service and work with other departments to ensure smooth
    project flow.
7. Work with the Partner to develop “pipeline” relationships to foster future generation of site leads and company
    reputation in the industry.
8. Maintain and organize current site lead lists, notes regarding the status and evaluation of the attractiveness or
    immediacy of the site.
9. Develop, maintain, evaluate and improve pipeline tracking and site identification tools.
10. Investigate and provide summaries for municipality fees.
11. Develop and maintain positive relations with other departments within the company in order to promote
      cohesiveness among various departments with varying goals.
12. Ability to make quick and effective decisions, evaluate alternatives and decide on a plan of action.
13. Exhibit strong proficiency in Excel, Word and PowerPoint.
14. Ability to travel periodically to other markets in the region.


Job Functions


  • Brokerage / Sales
  • Development
  • Due Diligence
 

Job Sector


  • Residential
 

Experience


2+ to 5 years


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