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Development Associate

San Diego, CA

A national multifamily developer is looking for a technical Development Associate to join their growing team and assist in coordinating all aspects of development projects from due diligence through construction.

Responsibilites

  • Underwriting multi-family opportunities and maintaining the financial proforma for project throughout predevelopment

  • Site due diligence investigation for sites under control and under contract

  • Internal investment committee preparation

  • Entitlement processing

  • Oversight of design consultants

  • Acting as owner’s representative through construction

  • Maintain positive civic and governmental relations throughout the Western Region

  • Monitor and assist in the preparation of necessary reporting regarding project projections, budget variances and loan draw requests

  • Monitor and assist in the management of project economics and understand the financial proforma of each deal

  • Assist in the plan review, design review, and construction administration of projects to include permitting, RFI’s and substitution requests

  • Work closely with Development Lead to ensure that business plan production goals are achieved

Requirements

  • 4-6 years of experience with Real Estate development; multi-family development experience preferred

  • A Bachelor’s Degree in Business Administration with a major in Finance, Accounting or Real Estate or similar discipline

  • Demonstrated experience in underwriting potential development opportunities, working with municipalities/approval agencies, and market analytics

  • Ability to thrive in a fast-paced, collaborative work environment and creatively approach problem solving

  • Driven and proactive with the ability to multi-task

  • Team player and proven leader

  • Analytical thinking and attention to detail

  • Proven communication skills

  • Operates with humility and integrity

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