March 01, 2018

EastBanc, Inc.

Washington , District of Columbia 20007

EastBanc, Inc., a Washington, DC-based international development firm, is filling a position for an experienced Development Associate to work on two new projects. EastBanc specializes in the development, construction and tenant service of luxury residential, retail and mixed-use projects and, trophy/“Class A” office buildings (including a current pipeline of over one million square feet of development). 


The Development Associate reports to the Senior Development Manager and is responsible for supporting the successful execution of the firm’s projects within the Washington, DC area. To succeed in this role, the candidate will need exceptional project management skills.

Specific responsibilities will include the following:

  • Work directly with and report to the Senior Development Manager, and the EVP-Construction
  • Participate in all project team tasks and meetings from due diligence and acquisition through entitlements and construction
  • Develop and maintain strong working relationships across all participating parties, including government officials, neighbors, attorneys, architects, civil engineers, general contractors and all other 3rd party consulting relationships associated with projects
  • Prepare and manage budgets, draws, cash-flows, schedules, pro-formas, and investor reporting
  • Track schedules and ensure parties are prepared and informed of deadlines and deliverables
  • Work with the sales, marketing, and leasing teams
  • Work with Property Management to transition completed projects
  • Any other duties as assigned


The applicant should be a self-starter who is detail-oriented, hard-working, and always has the “big picture” in mind. They should be creative and a problem-solver who is passionate about real estate development. Due to the quality of EastBanc’s products, the applicant should be able to understand its target market/users/buyers/renters. The applicant should also possess the following:

  • Demonstrated ability to successfully collaborate with and motivate multidisciplinary teams internally (acquisition/development, marketing, construction, operations) as well as externally (architects, engineers, general contractors and partners)
  • Strong communication skills and an ability to interact with people at a variety of responsibility levels
  • Strong quantitative capabilities with an intuitive sense of development economics, including modeling sensitivities, land prices, construction costs, financing structures, and unit lease rates/sale prices
  • Some experience with the sales/leasing/marketing of residential/retail units/office
  • Ability to read architectural plans and a strong working knowledge of the construction and design process
  • A desire to network. Well-formed relationships in the local real estate, development and construction fields are a plus
  • High attention to detail with exceptional judgement
  • The ability to work independently while meeting time sensitive deadlines



  • Bachelor’s Degree or higher. Business/Finance and/or Architecture/Design related disciplines desirable. MBA or graduate degree with real estate concentration a plus
  • Minimum of three (3) to five (5) years of real estate experience
  • Familiarity with the Washington, DC area development landscape preferred


Equal Employment Opportunity

All employment decisions are made without regard to race, age, creed, sex, religion, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status, or any other basis as is protected by local, state or federal law.