1853 AH – Development Associate

Gillian Executive Search, Inc.     Construction | Development     Affordable Housing | Multifamily     Irvine-CA or Los Angeles-CA     May 3, 2021

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Gillian Executive Search, Inc.

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Position Overview

Development Associate will assist the Project Manager and SVP of Real Estate Development with the full range of development activities for affordable housing projects

Our Client is  looking for a Development Associate. The Development Associate will assist the Project Manager and SVP of Real Estate Development with the full range of development activities for affordable housing projects, including, but not limited to, the acquisition, entitlement, financing, design, and construction administration of property on behalf of our Client
Position can be hosted in either Irvine or Los Angeles – CA.

Role and Responsibilities:

  • Assist with the acquisition and due diligence process: develop preliminary feasibility analyses for new development opportunities; supervise brokers and attorneys in the negotiation of purchase and sale agreements; coordinate and review preliminary site due diligence; participate in initial development concept; and manage escrow closing and loan disbursement process.
  • Assist with the entitlement and land use approval process: supervise third party consultants, including architects and entitlement consultants; prepare and submit entitlement development applications, and work with city officials to secure approval; and participate in community outreach and public hearings.
  • Assist with the preparation of competitive proposals for land dispositions: develop preliminary feasibility analyses for new development opportunities; work with public agencies to determine RFP/ RFQ requirements; and prepare development proposals in response.
  • Assist with securing financing: prepare loan and grant applications; work with public agencies and conventional lenders and investors to secure predevelopment, construction and permanent financing; and assist with public agency and lender compliance requirements.
  • Assist with project design: work with architect to define development program and site plan; communicate OUR CLIENT design standards and program requirements; and work with general contractor to estimate project costs and ensure conceptual design is within budget.
  • Assist with construction administration: attend construction job site meetings and act as Owner’s Representative during construction.
  • Assist with transition to operations: work with the Director of Asset Management to coordinate initial lease-up, construction close-out, and punch-list and warranty items.
  • Provide administrative support to the Director of Real Estate Development and perform other duties as may be necessary to further OUR CLIENT’s mission.

Experience:

  • A bachelor’s degree and 1-2 years of experience in urban planning, real estate development, finance, or a related field. A Master’s Degree in a related field may substitute for 1 year of work experience.
  • Some knowledge of key aspects of real estate development and finance, land use and entitlement, property due diligence and acquisition, and site planning and design; interest in sustainable design and affordable housing.
  • Familiarity with affordable housing finance, including public subsidies, low-income housing tax credits and tax-exempt bonds, is a plus.

Qualifications:

  • Ability to initiate and maintain effective and cooperative working relationships with colleagues, project team members, consultants, local government agencies, lenders/investors, and community stakeholders.
  • Strong analytical and problems solving skills; good client and public presentation skills; and excellent oral and written communication skills.
  • Highly organized and detail-oriented; capacity to handle multiple tasks simultaneously in an efficient and timely manner; ability to work well under pressure; and ability to successfully meet project deadlines.
  • An entrepreneurial and creative approach to problem-solving in the field of real estate development; enthusiasm and team building spirit.
  • Proficiency with the MS Office suite including sophisticated real estate financial analysis using MS Excel.

Compensation  – at or above market depending on the abilities of the prospect.

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RFT  is going against the tide of mega-meta-job boards which are more interested in selling advertisements than actually filling positions for their clientele. RFT focuses in Real Estate Development, Construction Management, Architecture, Asset Management, Real Estate Investments and their related industries . Through our deep connections in the real estate arena RFT can reach active and passive candidates in a way no other “job board” offers or is willing to do. RFT is not a “job board” it is your “RECRUITING CLOUD”

Request For talent is sponsored by Gillian Executive Search, Inc. – recruiters in real estate development, construction management, architecture, real estate finance, asset management and more.

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