Development Associate - Real Estate

Washington, DC
Jan 26, 2022
Jan 28, 2022
Full Time
Our client, a DC-based real estate company that delivers compelling development projects for investors while incorporating sustainability, health and wellness features, is hiring a Development Associate.Their development pipeline is approximately 4 million square feet in Opportunity Zones in DC with multifamily, office and retail uses. Their core value is to create and sustain local jobs and support local business, wherever possible.The company offers a fun, fast-paced, environment in which to tackle the many challenges of real estate development while making a meaningful difference in the community. The selected individual will support the real estate team with project tasks ranging from initial concept development through zoning approvals, financing, construction completion and lease-up.* Review potential new projects and support efforts to obtain site control.* Generate development budgets and pro forma to evaluate financial feasibility.* Participate in negotiations with lenders and investors to obtain acquisition, construction, and permanent financing.* Work with zoning counsel and local jurisdictions to gain approval of land entitlements and/or financial support.* Assist in the underwriting and closing process, including document review.* Evaluate and select third-party professionals to be development team members.* Support the development of construction and/or renovation plans.* Present to senior staff, the Board of Directors, community groups and local governments. * Excellent oral, written and interpersonal skills.* Familiarity with Excel and a strong aptitude for numbers.* Knowledge of construction, property operations, and other applicable fields is a plus.* Experience preparing financial projections and knowledge related to multifamily housing development and/or project management is a plus. JustinBradley is an EO employer - Veterans/Disabled and other protected categories. PDN-951f6551-871c-4b7c-8ae5-5440171247a3