What are the responsibilities and job description for the Associate, Development position at Middleburg Communities?
Brief Description
Middleburg Communities is seeking a Development Associate in our Raleigh, NC office covering Raleigh-Durham and Wilmington, NC. Middleburg Communities is a full-service real estate firm specializing in multifamily real estate investments through our acquisition, development, construction, and property management services. Our acquisitions, entitlements, financial analysis, capital markets, asset management, property management, development and construction teams all collaborate with each other on their respective responsibilities as it relates to each specific deal to build each project.
The Development Associate will report directly to the Raleigh Development Partner. This individual is expected to demonstrate strong business acumen, contributing proactively at both the policy and tactical level, while collaborating effectively across the organization. Also, an individual who has strong interpersonal skills with the demonstrated ability to work with a diverse range of personalities and the ability to keep calm under pressure, communicate effectively and multitask. The Development Associate participates in our Mission, lives by our Values, and promotes the Vision of Excellence.
This position will be full-time, in person, located in the Raleigh, NC office.
Essential Duties And Responsibilities
Knowledge and Experience:
https://middleburgcommunities.com/
Middleburg Communities is an equal opportunity employer committed to diversity and inclusion. We welcome qualified applicants from a variety of backgrounds inclusive of their race, color, religion, sexual orientation, gender, gender identity, expression or orientation, genetic information, national origin, age, disability, or status as a disabled or Vietnam-era veteran.
Middleburg Communities is seeking a Development Associate in our Raleigh, NC office covering Raleigh-Durham and Wilmington, NC. Middleburg Communities is a full-service real estate firm specializing in multifamily real estate investments through our acquisition, development, construction, and property management services. Our acquisitions, entitlements, financial analysis, capital markets, asset management, property management, development and construction teams all collaborate with each other on their respective responsibilities as it relates to each specific deal to build each project.
The Development Associate will report directly to the Raleigh Development Partner. This individual is expected to demonstrate strong business acumen, contributing proactively at both the policy and tactical level, while collaborating effectively across the organization. Also, an individual who has strong interpersonal skills with the demonstrated ability to work with a diverse range of personalities and the ability to keep calm under pressure, communicate effectively and multitask. The Development Associate participates in our Mission, lives by our Values, and promotes the Vision of Excellence.
This position will be full-time, in person, located in the Raleigh, NC office.
Essential Duties And Responsibilities
- Supports daily activities of development projects from development up to construction commencement.
- Assists with site analysis and evaluate overall feasibility for sites sourced by Middleburg’s land acquisition team.
- Assists in the creation of the final development programs to maximize economic feasibility.
- Alongside the Raleigh Development Partner, works with consultants ensure programming meets development guidelines for various municipalities including general plan guidelines, zoning regulations and other items that are critical to development. Coordinates efficient land development approval process.
- Confirms with various municipalities project timelines. Updates and monitors detailed development schedules.
- Prepares and updates preliminary construction estimates, pursuit cost budgets and detailed development budgets from due diligence to construction loan closing. Coordinates with Investment team in underwriting efforts.
- Supports all land due diligence activities. Procures proposals, coordinates with consultants and evaluates reports (environmental, surveying, traffic, wetlands etc.).
- Assists the Raleigh Development Partner in providing oversight of architect of record and engineers. Coordinates all relevant design changes for a specific site that vary from the prototypical design set.
- Communicates with various 3rd party design consultants (waterproofing, interior design, landscape architecture, hardscape design, lighting consultants, accessibility consultant etc.)
- Collaborates with Middleburg Construction on plan review, project qualifications/scope, cost analysis and value engineering efforts.
- Assists with deal permitting activities (site, building, environmental) with relative 3rd party consultants.
- Supports preconstruction activities.
- Monitors pursuit cost budgets and overall risk mitigation tasks.
Knowledge and Experience:
- 3-5 years’ experience or advanced degree with qualifying work experience; background in development, civil engineering or land development is ideal.
- Experience with working on multiple developments with deals averaging $30M
- Proven experience to function independently in a multi-task environment, as well as part of a team. Comfortable in communicating with all levels of management and employees.
- A high energy, entrepreneurial, self-motivated, and results-oriented individual.
- Proven ability to display a high attention to detail, analytical, and highly organized.
https://middleburgcommunities.com/
Middleburg Communities is an equal opportunity employer committed to diversity and inclusion. We welcome qualified applicants from a variety of backgrounds inclusive of their race, color, religion, sexual orientation, gender, gender identity, expression or orientation, genetic information, national origin, age, disability, or status as a disabled or Vietnam-era veteran.
