Development Associate

Description

• Prepare an d m o dif y development bu d g ets for new and o n ‐goin g projects
• Assist in review of design documents, participate in consultant coordination meetings, and use discretion for solving project design coordination issues
• Prepare comprehensive monthly reports for investors
• Participate in the process of sourcing new development and acquisition opportunities
• Prepare pr e ‐ development and d evelo pm ent schedules
• Evaluate credit data to determine the degree of risk involved in order to prepare in v estmen t me mos for debt an d equity p r oviders, assis t wit h due d iligence for lenders
• Coordinate capi t al calls and prepare projec t up d ates t o investors
• Review and analyze Request for Proposals (“RFP”), as well as participate in the preparation of RFP submission packages
• Participate and assist with preparation of government agencies program applications
• Track and analyze m a rke t co mp arab l e s and b e nc hm ark projects
• Create a n d m o dif y complex financ i a l m o dels , i n cluding c a s h f low projections , va l ua t i on m o del s and sensitivity an al yses
• Assist on execution of major project agreement (hotel management agreements, loan agreements, etc.) obligations
• Assist in preparation of offering plans and marketing efforts
• Assist on execution of development agreement obligations

Requirements

• Assis t wit h negotiation a n d execut i on of cont r acts wit h desig n t ea ms , track project c o st s and approve c o ns ul t a n t and c o ntr ac t or re q u est s for pa y m ent
• Knowledge of general workflow and processes for the construction of buildings
• Strong financial, interpersonal, and ana l ytical skills
• Office environment with the usual office equipment and minimal noise level
• Bachelor’s degree from an accredited university or college required
• Advanced degree preferred
• Coordi n ate monthly bu d g et and v a r i a nce an al ysi s and interpret financ i al per f ormance wi t h senior m a nagement
• Sound business judgement
• Excellent knowledge of MS Office (Excel, Word, Outlook)
• Ability t o wor k as part of a team in an entrepreneu r ial envi r onment
• Great attention t o detai l , work ethic an d administ r ative skills
• 2 ‐ 4 years of r elevant experience in real estate dev e l o pmen t or i n vestment, business m a n a gemen t, architecture or other rela t ed activitie s in the real es t a t e i n dustry
• Travel to Utah project site, as necessary
• Advanced knowledge of budgets, cost reports and accounting terms
• Excellent o r a l and writte n c o mm u nic a ti on skills , ab i lity t o prese n t recommendations and interact wit h the senior m a n a gemen t an d investment partners

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance