Development Associate

* Oversee property build processes, including monthly funding requests and AHJ compliance requirements.* Construction owner’s rep support* Evaluate and respond to PCO requests and RFIs requiring owner input.* Supporting the management of project budgets and construction finance close-outs.* Oversight of LIHTC inspection and compliance requirements.* Supporting the Investment Ownership team with investor communications, including site tours and quarterly updates.* Analyze rents and comparables for market positioning.* Prepare presentation packages for committee presentations.* Run capital scenarios to optimize financing.* Generate quarterly investment reporting.* Conduct sale and refinance analysis to evaluate exit strategies.* Review and approve unit/amenity finishes and community programming.* Manage due diligence for land and deals.* Oversee lease-up and leasing operations, including rent strategy and approvals.* Develop asset management business plans.* Review & reporting for project-level monthly financials.* Support for refinance analysis, due diligence, & closings* Market & submarket fundamentals research, including touring comparables, monitoring demographic trends, & evaluating data from various third-party sources.* Support for retail space leasing & tenant build-out when applicable.* A Bachelor’s Degree in Business, Finance, Urban Planning, Accounting, Real Estate, Engineering, Math, or a related field is required.

Graduate degree and/or relevant professional certifications encouraged.* Demonstrated experience in entitlements, executing development opportunities, working with capital partners, market analytics, asset management, property operations, and strong negotiation skills.* Minimum of 2 years’ experience in Real Estate development**,** including significant multifamily development experience. #J-18808-Ljbffr