Development Associate

Keller Augusta

Salt Lake City, UT

Salary Estimate: $110,000.00 - $130,000.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Firm Overview:
Wood Partners is a national leader in the development and construction of multifamily communities across the United States. The company has been involved in the acquisition and development of more than 115,000 multifamily homes with a combined capitalization of $24 billion.  The company currently owns more than 80 properties across the United States, representing approximately 25,000 homes. Wood Partners has built a reputation for delivering exceptional projects that enhance the communities they serve. Backed by more than 25 years of experience, the company combines deep market expertise with a disciplined, entrepreneurial approach to development. Wood Partners has offices in 17 major markets across the country, allowing teams to stay closely connected to local markets and trends. The company’s culture is built on a foundation of entrepreneurship, integrity, teamwork, and execution, empowering employees at all levels to contribute meaningfully to its mission. Wood Partners is consistently ranked as one of the five largest multifamily developers in the United States. For more information, visit woodpartners.com.

Job Description:
Wood Partners seeks a highly motivated individual to join its Development team in Salt Lake City, Utah.
This position will report to the Vice President of Development and support the Development team in identifying new development opportunities, conducting pro forma analysis, performing market research, and assisting with fundraising efforts. Additionally, this position will be responsible for assessing project risk, pursuing required entitlements and permits, and aiding in the management of the design and construction of multifamily development projects. Responsibilities include but are not limited to:

Job Functions:
  • DEAL UNDERWRITING: The associate will be responsible for detailed underwriting of all deals including preliminary underwriting, updates, sensitivity analysis, and scenario testing to support project evaluation using defendable assumptions developed through collaboration with internal and external stakeholders.
  • PREPARING INVESTMENT COMMITTEE AND FINANCE PACKAGES: The associate will prepare investment committee packages for internal review and finance packages to be sent to potential lenders and equity partners for new projects.
  • SITE FEASIBILITY: The associate will be responsible for obtaining preliminary information related to a project site to assess development feasibility, including local entitlement and permitting processes, municipal impact fees, real estate taxes, the supply pipeline, and demand drivers.
  • DUE DILIGENCE: The associate will assist with the due diligence effort when pursuing projects under contract. This task includes collecting all due diligence items such as title documents, surveys, environmental documents, and soils analysis, and coordinating due diligence checklists. The associate will review due diligence materials and highlight key risks during the process.
  • MARKET RESEARCH: The associate will be responsible for extensive market research on the Salt Lake City market, as well as any new markets the Utah team may pursue.  The associate will develop a keen understanding of submarket trends, potential development sites, detailed rent analysis of comparable projects, local demand drivers, and the competitive supply pipeline.
  • PRE-CONSTRUCTION PROJECT MANAGEMENT: The associate will interface with governmental jurisdictions and the local community on entitlement and zoning issues. The associate will regularly interface with architects, engineers, and Wood Partners' preconstruction and construction staff during the design process, working to keep the project on budget and on schedule.
  • LENDER & EQUITY DUE DILIGENCE AND CLOSING: Once financing commitments have been obtained, the associate will help collect the information requested by or set forth in the respective lender and equity partner checklists.  The  associate  will  have  primary  responsibility  for  coordinating  with  the  Wood  Partners preconstruction team to obtain the necessary permits for closing.
  • CONSTRUCTION PERIOD AND POST CLOSING: After financing is closed and building permits have been obtained, the associate will coordinate with the Wood Partners construction team throughout the construction process, attend bi-weekly construction meetings, and assist with coordination with municipalities, utility companies, and telecom companies. The associate will help with the leasing office and amenity space turnover and coordinate unit turnover with Property Management.
  • BUDGET MANAGEMENT: The associate will be responsible for monthly tracking of development budgets and invoices, reviewing draws for equity partners and lenders, and working with the Wood Partners preconstruction and construction teams to manage cash flow projections throughout the life of a project.
Required Qualifications:
  • BA or MBA in finance, economics or other related degree
  • 2+ years of real estate work experience, multifamily preferred
  • Working knowledge of financial valuations
  • Proficient in Microsoft Excel and PowerPoint
  • Ability to utilize strong analytical and presentation capabilities to communicate effectively
  • Resourceful and creative problem solver with ability to produce at a high level in an efficient manner in a dynamic environment
  • Highly effective organizational, communication and interpersonal skills
  • Ability to meticulously and thoroughly analyze a broad range of information
  • Engaged self-starter motivated with a desire to excel.
Benefits
  • Generous holiday calendar (16 paid holidays in 2026)
  • Professional development seminars customized for Wood Partners offered monthly
  • 401(k) with up to 5% match
  • Platinum Health insurance plan and high-deductible insurance plan with health savings account
  • Dental & Vision insurance
  • Dependent health insurance coverage
  • Wellness challenges
  • Financial wellness program
  • Monthly life coaching with professional counselor
  • Life and disability insurance
  • Employee assistance program
  • Paid time off
  • Professional development assistance

Related Jobs

Priderock Capital Partners, L.L.C.

Palm Beach Gardens, FL

Post Date: 12/17/2025
Expires: 01/31/2026

Miami, FL

Post Date: 01/08/2026
Expires: 02/22/2026

Roswell, GA

Post Date: 01/05/2026
Expires: 02/19/2026

You have successfully applied for this role!

You can view the status of your application from your dashboard.