Development Associate - Timbers Resorts

February 14, 2017

Timbers Resorts

Carbondale, Colorado 81623

The Development Associate will report to the Chief Executive Officer and will support Managing Directors of Development, the head of Acquisitions/Investments, and the Senior Advisor for the Timbers Resorts team.


Essential Duties and Responsibilities


  • Assist in identifying and assessing strategic development sites through market research, demographic studies, and competitive analysis.
  • Participate in multifunctional teams to analyze existing market conditions, product mix, property amenities and features, sales pricing, and operational expenses at target properties. 
  • Develop a matrix of key competitors including property locations, specific amenities, and pricing in strategic markets.
  • Participate in the preparation of pre-development budgets and schedules for proposed projects from the initial acquisition phases through the commencement of operations.
  • Participate in the entitlement process for future development sites.
  • Research all relevant financial assumptions for underwriting.
  • Assist with the creation of detailed financial models (for hotel and real estate sales) and performing due diligence efforts.
  • Assist the overall Timbers team in preparing and presenting investment packages.


Knowledge, Skills, Abilities and Other Qualities

  • Must be a self-starter, highly motivated and goal-oriented individual
  • Excellent interpersonal, written, and verbal communication skills
  • Must be able to work in a team environment
  • Strong analytical and problem-solving skills
  • Perform complex financial analyses, including cash flow projections with complex financing structures, valuation models, and sensitivity analyses.
  • Advanced understanding of the entitlement process required for raw land in resort locations.
  • Create sophisticated Excel-based analytical tools including macro-enabled financial models.
  • Effective organizational, prioritization and time management skills
  • Flexible and able to handle multiple projects and tasks simultaneously
  • Accurate, detail oriented, dependable and punctual
  • Willingness and patience to iteratively improve/refine work product
  • Advanced MS Office Suite skills
  • Ability and willingness to travel to various locations (including international)

Education and Experience

  • Bachelor’s degree in Business Administration, Finance, or Real Estate required
  • Graduate degree in Business Administration, Finance, or Real Estate preferred
  • 5+ years’ relevant resorts development and hotel development work experience