What are the responsibilities and job description for the Associate Development Manager position at Novin Development Corp (NDC)?
ASSOCIATE DEVELOPMENT MANAGER
About Us :
Novin Development is a leading affordable and mixed-income housing developer committed to creating quality, sustainable homes across the greater Bay Area. We are passionate about social responsibility, environmental sustainability, and increasing access to affordable housing for diverse income groups. From ground-up development to rehabilitation, our projects are thoughtfully designed to blend aesthetics, functionality, and community integration. We're looking for a confident, entrepreneurial, and self-motivated Associate Development Manager to join our team. The role demands drive, flexibility, and a proactive attitude to successfully manage acquisitions, construction, budgets, and schedules - all while elevating projects to the highest standards of customer satisfaction. If you’re looking for an opportunity to make a tangible impact in the affordable housing sector while working in a collaborative, dynamic environment, we want you to join our team.
At Novin Development, we foster a close-knit team of thoughtful leaders, where all ideas are valued. We approach our work with the agility and energy of a start-up, backed by a strong value system. From the first shovel in the ground to the opening of our projects, our ultimate goal is to provide homes to those in need in the most innovative and efficient way possible. If you have a passion for leadership, a commitment to sustainable housing development, and a focus on client satisfaction, we would love for you to join our award-winning team.
This is a hybrid position with three days in the office (Mondays, Wednesdays, and Thursdays) in Walnut Creek, CA.
Position Overview :
The Associate Development Manager will be involved in all aspects of the initial feasibility, underwriting, and analysis process for new development projects, including affordable, mixed-use, and market-rate properties. The role requires a strong aptitude for financial analysis, particularly in Excel, as well as a desire to learn and grow within the real estate development field. The Associate will play a key role in supporting brokerage, acquisitions, proforma analysis, and land use research. Additionally, this position will provide valuable experience in managing complex projects and collaborating with a cross-functional team.
Key Responsibilities :
- Development & Financial Analysis.
- Assist in the preparation and analysis of proformas for affordable and market-rate developments.
- Complete land and building sale comparable analysis to evaluate market opportunities.
- Conduct zoning and land use analysis to determine site feasibility and potential development constraints.
- Conduct market research, compiling quarterly sub-market snapshot reports on rent, vacancy, and market trends.
- Track and respond to RFPs (Requests for Proposals), NOFAs (Notices of Funding Availability), and other opportunities.
- Assist in the preparation of Letters of Intent (LOIs), Purchase Agreements, and Option Agreements for acquisitions.
- Provide support for land closings and funding applications, ensuring all documentation is complete and accurate.
- Gather and input data for various development projects, keeping records up-to-date.
Additional Responsibilities :
1. Brokerage & Acquisitions Support
2. Consulting Support
3. ProforMap (Technology Platform Support)
4. Development Project Management
What You Need to Succeed :
Physical Requirements :
Benefits :
This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with this job. While this job description is intended to be an accurate reflection of the current job management reserves the right to revise the job or to require that other or different tasks are performed when circumstances change.
Equal Opportunity Employer :
Novin Development is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We encourage applicants from all backgrounds to apply, including those with disabilities, veterans, and individuals from underrepresented communities
Salary : $72,000 - $95,000
