Development Senior Associate

Allen Harrison Company

Austin, TX

Salary Estimate: $125,000.00 - $149,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

JOB SUMMARY
Source and manage multi-family development opportunities in Central Texas. Oversee site identification, due diligence, budgeting, underwriting, entitlements, design, construction, and project management. 

REPORTS TO
Vice President of Development (located in Houston Office)

MAJOR FUNCTIONS OF THIS JOB
  • Project Management: Oversee the analysis, management, execution, and coordination (between the development, construction, and operations teams) of all Central Texas projects. Prepare, manage, and coordinate internal and external deliverables for the formulation of development presentations and business plans. Must have excellent organization and the ability to manage multiple projects and direct reports at once.
  • Entrepreneurial Initiative: Ability to quickly assess a broad and dynamic set of qualitative and quantitative factors in making pursuit and investment recommendations, including: market risk, execution risk, internal resource constraints, and probability of concomitant returns.
  • Financial Planning: Exceptional Excel modeling skills including construction of dynamic pro formas, sensitivity tables, construction loan modeling, and creation of complex equity waterfalls.
  • Network Development: Ability and desire to engage personally and communicate effectively with colleagues across functions, as well as external stakeholders in the development cycle, including: brokers, city planners and local politicians, consultants, lenders, and investors.
  • Reporting & Analysis: Resourcefulness to independently research market data from various sources and organize findings in a meaningful way for purposes of investment decisions. Prepare internal and external investment memoranda and other presentation materials.  A good eye for graphic detail is needed to prepare polished, professional presentations. 
REQUIREMENTS
  • 4-6 years of work experience in real estate, finance, or similar professional field, or equivalent combination of education and experience.
  • Experience working in fast-paced environments, ability to understand complex legal documents, knowledge of real estate finance, public finance and/or project finance. 
  • Must have excellent interpersonal skills, team-oriented yet self-starting work style, ability to work independently, and high ethical standards.
  • Strong organizational skills, presentation abilities, and excellent verbal and written communication skills. Proficient in MS Office software.
  • Spatial and aesthetic abilities; passion and appreciation for high-quality design.
  • Ability to work in remote office setting (i.e. in a different city than headquarters).
  • Must meet company background investigation and drug screening. 
DEGREES/DIPLOMAS
BS or BA.  MBA or applicable graduate degree desirable. 

COMPETENCIES
  • Technical Capacity
  • Strategic Problem Solving
  • Stakeholder Management
  • Creativity
  • Flexibility
  • Communication Proficiency
  • Collaboration Skills 

Company Logo

Allen Harrison Company

1-100 employees

Founded in 2010 by Paul Harrison Forbes and William Allen Harper, Jr., Allen Harrison Company is a privately-held real estate investment and services firm focusing on the acquisition, development, construction and management of exceptional multi-family properties. Established with the goal of providing market-leading value, a wide range of investors – including institutional capital partners, family offices and high-net-worth individuals – have benefited from the communities Allen Harrison has created, and the expertise we bring to the market. Since its founding, Allen Harrison has completed 24 acquisitions, seven developments, and 13 dispositions. Our current portfolio consists of 15 properties for a total of 3,789 units. Our Houston-based team offers significant experience derived from a history of over 20,000 multi-family units spanning 19 markets, with more than $5 billion in value across mixed-use, high-rise, mid-rise and low-rise multi-family.

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