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Development Associate - Multifamily (Denver)

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Denver
 CO
Postal Code
80111
Country
United States

This job is no longer active.

Description


Position Summary

Position will report to the Managing Director in the development of multifamily projects from concept to disposition in Colorado and Arizona.

 

Major Responsibilities

  • Participate in new acquisitions and in the deal process; help facilitate due diligence and transaction closings
  • Develop and maintain complex real estate financial models to analyze returns, using Microsoft Excel and proprietary pro forma model
  • Provide periodic project updates and reporting, including financials, schedule and other applicable specifics to regional leaders, lenders, and investors.
  • Assist in the coordination, preparation, and presentation of investment materials for new deals
  • Assist the regional leaders with managing project budgets and schedules for assigned projects
  • Monitor research of Colorado and Arizona markets; not limited to, but including rents, sales, development pipeline, employment, permits, and supply and demand trends.
  • Assist with various ad-hoc financial analysis
  • Assist in coordinating responsibilities associated with the analysis, planning, and development of multifamily projects, including creating project concept & vision.
  • Coordinate pre-development schedule, budget, and cost estimating with the pre-construction team
  • Receive/analyze market data from third-party property management
  • Assist with contracts with design and construction team members with input from the development and construction teams.
  • Assist with the coordination of the design process
  • Verify/obtain government/county/city approvals and permits
  • Work with the development managers to ensure development is completed within approved budget; prepare financial reports as needed in coordination with the finance team.

Position Requirements

Minimum:

  • 2-4 years of experience with related real estate development or real estate underwriting/modeling experience; preference will be for multifamily experience.
  • Bachelor degree in business, finance, real estate development or related field preferred; MBA is a plus
  • Strong quantitative skills including excel and financial modeling and analytical problem solving
  • Advanced computer skills using Word, Excel, Outlook, PowerPoint
  • Prior experience as an analyst in a real estate or brokerage environment
  • Strong interpersonal skills and excellent communication skills – both written and verbal
  • Strong organization skills: must be able to work on multiple projects simultaneously
  • Must be able to work in a highly collaborative environment
  • Able to work independently and in a fast pace environment

Other

  • Hearing and speaking to exchange information
  • Ability to operate a computer keyboard
  • Seeing to read a variety of materials and to observe a variety of development and construction activities
  • Sitting for extended periods of time
  • Ability to maneuver around the development site
  • Ability to carry 5-10 lbs. (computer, files, etc.)
  • Normal office environment with exposure to personal computer monitor and frequent use of a keyboard
  • Project and site exposure includes dust, miscellaneous allergens, sunlight, noise, moving machinery, and other natural and environmental exposures.
  • Valid driver's license or reliable means of transportation
  • Ability to travel to field locations and stay overnight as required
  • Ability to work early or late hours and weekends as required    

Disclaimer

This document describes the position currently available and serves only as a summary of the typical functions of the job.  It is not an exhaustive or comprehensive list of all possible job responsibilities.  Tasks, responsibilities, and duties of the incumbent may differ from those outlined.  Other duties, as assigned, might be part of the job.  It is not an employment contract.  Our company reserves the right to modify job duties or job descriptions at any time.

Crescent Communities is an Equal Opportunity Employer

 

 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

Development Denver Full Time CO Acquisitions, Development, Due Diligence Development Associate - Multifamily (Denver) other