The Development Associate’s primary responsibility is to work with other Development team members and the Managing Director in the pursuit of new development business, market research, site acquisition, due diligence, managing the design process, financing, and zoning. This position reviews each phase of the construction process and oversees site specifications.
Essential Duties & Responsibilities
- Pursues new development business, conducts various market analysis and financial feasibility research, and conducts preliminary due diligence.
- Creates a pro forma for new development including market information, operating expense data, and estimated hard and soft costs.
- Contributes information for the product and design for developing property, ensuring that building design codes are compliant with local, state and federal laws.
- Conducts site visits to execute and document framing walks and general construction walks.
- Participates in development meetings sharing information such as specifications, contract negotiations, and coordination of construction.
- Facilitates duties with architect, engineer, landscape architects, interior designers, property owners, project managers, and other development associates.
- Ensures strict compliance with plans and communicates to the Managing Director any critical issues.
- Manages the construction draw process, develops monthly project reports, and reviews each phase of the construction process.
- Manages third party inspections and bond releases for projects nearing completion.
- Participates in Company-provided training such as safety, non-discrimination, information systems, and harassment prevention.
- Complies with all Company National Standards, applicable health and safety rules and regulations, as well as applicable local, state, and federal laws.
Education and/or Experience
- Bachelor’s degree in Business, Finance, Real Estate or other related field is required for this position.
- Minimum of one to three years’ experience in real estate, development or finance.
- Multi-Family real estate experience a plus.
Skills/Specialized Knowledge
- Ability to read, write, understand, and communicate in English.
- Ability to use a personal computer and have an advanced knowledge of Microsoft Word, Excel and Prolog.
- Knowledge of federal, state and local codes for Handicap, Fair Housing, ANSI, Waterproof, Environment/AQI and Acoustical.
- Excellent interpersonal skills; ability to relate to others.
- Professional verbal and written communication skills.
- Strong organizational and time-management skills.
- Ability to perform advanced mathematical and accounting functions.
- Must be proactive, self-directed, and highly motivated.
- Must have strong leadership ability.
- Ability to multi-task.
- Ability to make quick and effective decisions.
- Ability to analyze and resolve problems.
- Ability to negotiate, influence, and gain consensus.
- Ability to set and meet goals.
- Ability to consistently meet deadlines.
- Ability to maintain flexibility and creativity in a variety of situations.
- Ability to maintain confidentiality.
- Ability to respond effectively to sensitive inquires or complaints.
- Ability to conduct presentations or speak in public to large groups of people.
- Ability to drive an automobile.
About the Benefits of joining the Mill Creek Team
- Competitive compensation
- Comprehensive medical, dental and vision
- Employer sponsored short and long term disability, Life and ADD insurance
- 401k with employer matching
- Paid time off benefits: Vacation, Sick, Holidays
JobFamily
Development
JobFunction
Overhead
PayType
Salary