Description
Blokable is a real estate developer focused on the creation of multifamily properties utilizing a unique and vertically integrated modular development business model. The Senior Acquisition & Development Associate will be a critical part of the company’s growing Real Estate Team, providing high-quality quantitative and qualitative analysis of potential multifamily development opportunities, as well as playing a key role in transactional, development and asset management effort. Our ideal candidate is an individual who is driven to support our vision of making quality housing attainable for everyone.
Areas of Strategic Focus:
- Understanding of all cost components comprising the company’s VIMD business model, from modular unit production to transport to onsite construction work (sitework, unit assembly, parking, exteriors, etc.)
- Cost optimization of onsite construction work, including budgeting and relationship management of general contractors.
- Feed company development project pipeline, including preparation of project budgets and underwriting
Specific functions and responsibilities:
- Prepare schedule of modular unit material hard costs to establish baseline and own the cost schedule on an ongoing basis as the Blokable modular product evolves
- Collaborate closely with Product Design Team to provide needed insights into cost implications of product design elements and cost drivers
- Understand modular production process and opportunities for material hard cost optimization.
- Construct project development budgets for potential development opportunities and work with Development Team to analyze and underwrite these projects
- Interface regularly with general contractors, architects and other consultants, and key suppliers to monitor market and cost trends
- Work with Blokable Construction Management Lead to vet and optimize bid and costing efforts performed by external general contractors and sub-contractors.
- Assist with preparing and developing cost models with scenario based functionality
Skills / Competencies:
- Highly proficient in industry project controls and estimating software (RS Means, Timberline, Project 4D), as well as Microsoft Project and Excel.
- Proficient with Enterprise Resource Planning (ERP) software
- Detailed knowledge of industry processes, materials, and costs
- Ability to accurately evaluate detailed specifications to minimize costs and balance quality.
- Obtain and forecast the appropriate use of equipment, facilities, and materials necessary for job performance
- Knowledge of construction and engineering processes
Experience and Education:
- Bachelor’s Degree in Engineering, Economics, or related field
- 5+ years’ experience at a general contractor, construction management firm or as a professional estimating consultant
- Experience with complex development projects in California required, including both horizontal and vertical development
- Multifamily development experience preferred
- Budget estimating for large-scale real estate development projects, including detailed understanding of all budget line items
Equal Opportunity Employer
We provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, veteran status, or any other consideration made unlawful by federal, state, or local laws.
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