Development Associate
Enclave · St Louis Park, MN · 2 wk ago
On-siteOTHRFull-time
About the role
The Development Associate is responsible for assisting the Development team with a wide range of responsibilities related to the development process, including assisting Developers with market analysis, updating budgets and pro-formas, coordinating internal reporting, supporting leasing activities, and monitoring the overall deal pipeline.
Responsibilities
- Conduct in-depth market and sub-market analysis to assess supply, demand, market rents, and absorption trends, using a mix of cutting‑edge tools and data sources to drive key development decisions.
- Play a pivotal role in updating and refining project details across multiple platforms, ensuring seamless information flow for successful development outcomes.
- Craft impactful, data‑driven Investment Committee memos to guide high‑stakes investment decisions, distilling complex information into actionable insights.
- Draft investor‑focused memorandums highlighting project financials and market dynamics to secure buy‑in and support.
- Collaborate with utility companies to secure essential service agreements and rebates, ensuring smooth project execution and cost efficiency.
- Coordinate leasing efforts, working directly with brokers and potential tenants to drive strategic space utilization and long‑term success.
- Assist in preparing and presenting development plans