Quarterra, LLC
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Development Associate
Full Time Dallas, TX, US 7 days ago Requisition ID: 1005 Our Company: Quarterra Group, Inc. is a real estate investment firm focused on creating long-term value through the development of high-quality multifamily communities nationwide. As a wholly owned subsidiary of Lennar Corporation (NYSE: LEN and LEN.B), Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets. Summary of Position: The Development Associate supports the Development Team in all aspects of the real estate development process. This includes financial analysis, entitlements, government approvals, consultant coordination, public relations, design, leasing and marketing, and construction oversight. The ideal candidate is detail-oriented, analytical, and eager to grow within a dynamic and fast-paced environment. Principal Duties and Responsibilities: Perform financial analysis and due diligence for new development opportunities, assisting in underwriting and cash flow analysis, and responding to Requests for Qualifications or Proposals. Research and analyze benchmark economic activity in target markets by tracking rents, sales per square foot, operating costs, competitive supply and economic expansion activity. Assist in preparing business plans, including deal memorandums, annual operating plans, financial forecasts and strategic plans. Assist in coordinating loan draws, forecasting project budgets and cash flows, and managing project deliverables. Effectively communicate relevant project information to senior project team members and other Associates. Maintain market data and establish target market databases to include existing apartment communities, rental comparisons, comparable land sales, demographic data, and new development data. Assist in meeting coordination/scheduling, documenting meeting minutes, and file organization as directed. Education and Experience Requirements: Bachelor’s Degree in Real Estate, Finance, Business Administration, Economics, or related field required. 1–2 years of relevant internship or professional experience preferred. Strong quantitative, financial modeling, and Microsoft Excel skills; proficiency in Word and PowerPoint required. Excellent written, verbal, and project management skills with the ability to manage multiple priorities and deadlines. Physical Requirements: This is primarily a sedentary office position which requires the Development Associate to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary. This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Development Associate. Duties, responsibilities and activities may change at any time with or without notice.
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Full Time Dallas, TX, US 7 days ago Requisition ID: 1005 Our Company: Quarterra Group, Inc. is a real estate investment firm focused on creating long-term value through the development of high-quality multifamily communities nationwide. As a wholly owned subsidiary of Lennar Corporation (NYSE: LEN and LEN.B), Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets. Summary of Position: The Development Associate supports the Development Team in all aspects of the real estate development process. This includes financial analysis, entitlements, government approvals, consultant coordination, public relations, design, leasing and marketing, and construction oversight. The ideal candidate is detail-oriented, analytical, and eager to grow within a dynamic and fast-paced environment. Principal Duties and Responsibilities: Perform financial analysis and due diligence for new development opportunities, assisting in underwriting and cash flow analysis, and responding to Requests for Qualifications or Proposals. Research and analyze benchmark economic activity in target markets by tracking rents, sales per square foot, operating costs, competitive supply and economic expansion activity. Assist in preparing business plans, including deal memorandums, annual operating plans, financial forecasts and strategic plans. Assist in coordinating loan draws, forecasting project budgets and cash flows, and managing project deliverables. Effectively communicate relevant project information to senior project team members and other Associates. Maintain market data and establish target market databases to include existing apartment communities, rental comparisons, comparable land sales, demographic data, and new development data. Assist in meeting coordination/scheduling, documenting meeting minutes, and file organization as directed. Education and Experience Requirements: Bachelor’s Degree in Real Estate, Finance, Business Administration, Economics, or related field required. 1–2 years of relevant internship or professional experience preferred. Strong quantitative, financial modeling, and Microsoft Excel skills; proficiency in Word and PowerPoint required. Excellent written, verbal, and project management skills with the ability to manage multiple priorities and deadlines. Physical Requirements: This is primarily a sedentary office position which requires the Development Associate to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary. This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Development Associate. Duties, responsibilities and activities may change at any time with or without notice.
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