SCI, the leading executive search firm in the real estate industry, is seeking a Development Associate to help manage projects from start to finish. Our client is a 45 year old, full service developer of affordable and market-rate multifamily, with a history of transacting on twenty thousandunits.
Location: Hybrid - min. 2 days in White Plains office per week (unless on site).
Overview: The Development Associate will assist the Director of Development and Development Project Managers with various aspects of development, design, and construction of multi-family residential projects.
Responsibilities:
Assist in origination, finance, planning, design and project management of a portfolio of projects.
Perform market research to determine feasibility and aid in the assessment of new projects.
Assist in predevelopment scheduling and development/operating budgets, working closely with Development Project Managers and team members in the design, construction and property management divisions.
Review/process vendor invoices.
Assist Development Project Managers with preparing applications for project financing, including writing narratives, organizing and compiling docs, inputting financial information into templates, and application submission.
Liaise with internal/external team members to schedule project-specific meetings, prepare meeting materials, and take meeting minutes.
Help evaluate RFPs (Requests for Proposals) for potential projects, focusing on feasibility and profitability metrics, and help coordinate the preparation of responses to RFPs.
Represent the development team at site visits, RFP conferences, and public/private meetings.
Aid in the prep of documents for filing with the state/local agencies and municipal boards. .
Assist in liaising with building departments, planning and zoning boards, and community stakeholders to obtain entitlements.
Review vendors contracts, loan docs and agreements, and other project docs and maintain records of project plans, requirements, progress, and finances.
Requirements:
Bachelor's degree in architecture, business, construction management, finance, public policy, real estate development, urban planning or a related field.
1-3 years prior experience in the industry
Excellent written and verbal communication skills
Basic knowledge of policy and programs impacting affordable housing development is a plus.
Drivers License and access to a vehicle is a plus.
Bilingual a plus.
Familiarity with Microsoft Office applications, especially Microsoft Excel, is required.