Under the direction of the Multifamily Development Directors, the Development Associate is responsible for managing project related tasks throughout the development process from project inception through project close out.
Assist with presentations and submission requirements during the entitlement process
Assist with market research and analysis of comparable properties in conjunction with Market Research Department
Review and abstract legal documents and/or agreements
Assist with requests for proposals, contracts and vendor contract management
Attend and assist with predevelopment design and construction meetings and track action items for completion
Track project data as needed for reporting (e.g. construction starts/finishes, budgeting, working with accounting to update pro formas, scheduling)
Assist with required permits, construction easements, utility agreements and bonding
Assist with equity and/or loan closing due diligence packages and closing document coordination
Assist with management of “mock ups” for owner review and approval
Assist with monthly and quarterly project reporting to investors, lenders and senior management
Monitor completion of project specific marketing plans, collateral and timelines
Coordinate contracts, schedules and installation for initial delivery (e.g. fitness equipment, signage, audio/tech equipment, FFE, artwork, model unit or other owner related proposals, contracts and installation)
Assist with punchlist process, as needed
Develop and maintain retail lease tracking worksheet for mixed-use projects
Monitor retail lease milestones and coordinate with internal and external team members to ensure tenant documentation is complete and milestones are achieved
Manage project close out documentation to satisfy investor, lender and management requirements
B.A. or B.S. Degree
Minimum of three years of real estate work experience (real estate development, preferred)
Background in finance, construction or other real estate related background, considered.
Detail-oriented with capability to execute tasks at a high level of accuracy.
Ability to prioritize and multi-task to achieve desired project/team goals and deadlines.