What are the responsibilities and job description for the Real Estate Development Associate position at ROEM?
Job Title : Development Associate
Department : Development
Job Type : Full-time, Exempt
Salary : $80,000.00 - $90,000.00 per year
Location : On-site
Job Summary
We are looking for an enthusiastic and detail-oriented Development Associate to join our Development Team. As a key contributor, you will oversee the day-to-day coordination of multifamily apartment projects, working closely with governmental agencies, managing due diligence for land acquisition, and providing essential support throughout the development process. You will report to our Director of Development.
Key Responsibilities
- Project Coordination : Act as the primary liaison between the development team and governmental agencies, ensuring all jurisdictional requirements are met and compliance is maintained.
- Due Diligence Management : Lead due diligence efforts for land acquisition, by preparing, reviewing, and managing required documentation.
- Feasibility Research : Conduct initial project research, preparing key information to evaluate project feasibility and inform strategic decisions.
- Bid Process Oversight : Manage the consultant bidding process, including distributing bid invitations, tracking responses, and preparing scopes and contracts.
- Permit Tracking : Monitor the permit process during entitlements, ensuring all approvals are timely and compliant with regulatory requirements.
- Financial Modeling : Support project decision-making by assisting with basic financial modeling to evaluate feasibility on a limited basis.
- Schedule Management : Create and review project schedules to ensure milestones and deadlines are consistently met.
- Owner Representation : Represent the owner during construction, addressing project inquiries, participating in meetings, and overseeing successful project delivery.
- Cross-Department Collaboration : Work closely with internal teams and other departments to ensure project objectives are met and alignment is maintained.
- Travel : Occasional air travel may be required based on project needs.
Qualifications
Benefits
Work Schedule
Location : 100% On-site
This position offers the opportunity to play an integral role in impactful development projects. If you’re ready to bring your expertise and enthusiasm to our team, we invite you to apply!
Salary : $80,000 - $90,000
