Description:
The Development Associate (DA) supports the Vice Presidents and Directors in conducting research and analyses of markets, manages various planning and zoning processes for specific projects in development, assists in developing reports for internal project review and determines the feasibility of property for development. The DA is a creative problem solver, critical thinker, and keen analyzer. These skills will aid in the evaluation of a project for development and the management of a project from start to finish. In its supporting role of the development activities of the company, the DA works with various consultants, engineers, architects, governmental representatives, contractors, and brokers to keep them on task.
Key Job Duties and Responsibilities
- Provide support to executive development staff
- Research site location costs (i.e. impact fees, building permits, insurance, tax implication, etc.)
- Solicit and analyze predevelopment proposals (i.e. environmental, geo-tech, survey, engineering, architecture, interior design, marketing, etc.)
- Research ownership of property, trends, pricing, occupancy, costs, utility information, etc.
- Work with development executives and finance department to finalize project specific development costs
- Implement development vision on project details by serving as a liaison between the construction and development departments
- Assist in the creation and update of project finance packages
- Shop comparable properties via online searches, phone calls, and site visits.
- Create market study reports, analyses, project proposals, and RFP submissions using the gathered data and information
- Photograph sites, buildings, and properties
- Ensure the delivery of excellent client service consistent with the Milhaus brand
- Compile information for clients and owner reports accurately and on time
- Respond in a timely fashion to questions, correspondence, e-mails and phone requests from clients, lenders, investors, contractors, vendors, and regulatory agency personnel
- Other duties as assigned.
Requirements:
- 2-4 years experience in real estate development, investment, planning, or construction
- A minimum bachelor’s degree or equivalent, ideally specializing in Business, Real Estate, Finance, Architecture, or Urban Planning
- An advanced degree, ideally in Real Estate, Urban Planning or Law, is preferred
- Keen attention to detail and accuracy
- Excellent organizational, time management, and planning skills
- Experience with Adobe Creative Suite
- Strong written and verbal communication skills
- Proven analytical skills, critical thinking, and problem analysis
- Stress tolerance to manage multiple tasks across various projects simultaneously
- Willingness and ability to travel
