What are the responsibilities and job description for the Development Associate position at Opportunities?
Trammell Crow Residential (TCR) is a leading multifamily real estate developer with a local presence in 16 key U.S. markets. Over 45 years, TCR has built more than 285,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide. TCR is part of the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $30 billion of assets under management, and an established platform with a vision for continued success. For more information, please visit www.crowholdings.com.
Position Summary
TCR is looking for a highly motivated self-starter to process existing development pursuits and assist with underwriting new target opportunities. The position is focused on the ground-up development of market-rate multifamily rental projects. The successful applicant will be responsible for assisting with numerous roles from underwriting potential new developments to processing existing opportunities. The ideal applicant will have 3-5 years experience processing development; experience with the zoning and permitting processes, working with architects and general contractors is desired. This role will be based in TCR’s Atlanta, GA office.
Primary Responsibilities
- Participate in development meetings; report on specifications, contract negotiations, and coordination of construction
- Coordinate with architect, engineer, landscape architects, interior designers, property owners, project managers, and other team members
- Oversee the construction draw process and develop monthly project reports
- Ensure strict plan compliance and communicate critical issues to the Managing Director
- Contribute design information for developing property, ensuring that building design codes are compliant with local, state and federal laws
- Conduct framing and general construction site visits
- Attend OAC meetings and prepare required reports for ownership.
- Conduct market analysis, financial feasibility research and preliminary due diligence
- Create pro forma for new developments including market information, operating expense data, and estimated hard and soft costs
Desired Skills & Experience
- 3-5 years development experience with experience in market-rate multifamily rental product
- Bachelor’s Degree required, Master’s Degree or Real Estate Certificate or Coursework desirable
- Experience with coordinating consultants during design/development process required
- Strong interpersonal skills & presentation skills required
- Experience with permitting/zoning/entitlement process
- Proficient in MS Office (Excel, Word, PowerPoint, Project)
- Experience tracking budget versus proforma, change orders, construction reports, etc.
- Site selection and submarket understanding; underwriting and market analysis experience required
- In office/on site role based in Atlanta, GA
Salary : $30
