Development Associate

Job Description

ABOUT DAKOTA PACIFIC REAL ESTATE

DPRE is a privately held and well capitalized real estate investment and development firm focused on serving the dynamic commercial and multi-family residential real estate needs of the thriving Intermountain West markets. DPRE seeks to generate long-term value for its investors and for the communities in which it invests by leveraging its talented professionals, highly disciplined process, and uncompromising commitment to excellence in acquiring, developing, and managing best-in-class properties throughout the region.

Since it’s founding in 2010, the firm has raised and invested nearly $400 million in equity commitments across myriad commercial and multi-family residential projects comprised both of value-add acquisitions and ground-up developments.

The Role

We are looking for a Development Associate to assist DPRE’s senior level development staff with planning, administering, and managing all aspects of the development cycle in conformance with established business plans for a multitude of institutional commercial real estate development projects.

Responsibilities

• Manage daily activities related to:
  • Due diligence for new development acquisitions
  • Planning, design, entitlements and permits
  • Pre-construction, construction & project close-out
  • Leasing activities, such as new tenant pursuits and tenant improvements
  • Turnover of the project to asset & property management teams as well as project disposition support, when applicable
  • Project documentation including preparing and distributing regular reports to internal and external stakeholders
• Successfully manage multiple projects concurrently at varying stages of development while meeting or exceeding deadlines and maximizing value to investors
• Continuously improve development operations, systems, procedures, tools, relationships, and organizational expertise
• Cultivate, maintain, and leverage relationships with tenants, brokers, capital partners, landowners, buyers, governmental and regulatory authorities, contractors, architects, engineers, and consultants
• Assist with sourcing, underwriting, and acquiring new commercial real estate development opportunities
• Actively participate in real estate organizations such as NAIOP, CCIM, CREW, SIOR, CoreNET, and/or ULI

• 3 to 5 years of experience working in real estate development and/or ground-up construction management
• Bachelor's or master’s degree in real estate, construction management, architecture, civil engineering, finance, urban planning, or related course of study with a minimum 3.5 cumulative GPA. MRED graduates or candidates preferred, especially if candidate’s background is in construction
• Generalist, manager-type who has experience in and is excited by executing a real estate development plan
• Can lead and collaborate with cross-functional teams with a positive and solutions-oriented attitude
• Enjoys oscillating between the big picture and the technical details
• Has an insatiable appetite to learn and is excited by constant improvement of organization systems, tracking, follow through, and time management
• Able to remain composed in high-stakes, high-pressure situations with a multitude of strong personalities with sometimes competing interests
• Takes radical responsibility for the outcome of the mission including responsibility for the outcomes produced by others
• Loves to solve problems, especially before they arise and is comfortable making decisions without complete information
• Can switch between analytical, technical, and creative mindsets
• Superior ability to get answers to questions via research and through reliance on experts
• Strong verbal and written communication skills
• Proficient with MS Project, Excel, Word, PowerPoint, Bluebeam, Google Suite, Google Earth, and On-Screen Take-off. ARGUS and Yardi are a plus.

DPRE offers competitive compensation, medical, dental, and vision benefits with an employer funded HSA, 401k matching, paid sick, vacation and holidays, employee discounts, free gym access, designated and paid for parking space, a fully stocked kitchen and a fun work environment.