Development Associate
Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America—one that continues to get better as it grows.
As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer opportunities most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members' growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.
About the role
This role has two salary ranges, depending on the level at which the candidate is hired:
- Development Associate: $71,800.00 - $119,600.00
- Development Manager: $113,000.00 - $188,400.00
The final level will be determined based on each candidate's professional experience, qualifications, and overall fit for the role.
At Vivmark Residential, our Development team is responsible for identifying, evaluating, and executing multifamily and mixed-use development opportunities that create long-term value for our residents, investors, and communities. We are seeking a Development Associate or Development Manager to support and lead various aspects of the real estate development process, from site evaluation and financial analysis through project execution and delivery.
Responsibilities
- Supporting and leading development feasibility and investment analysis
- Creating and maintaining financial models and development pro formas
- Conducting market research, demographic analysis, and competitive assessments
- Participating in site acquisition evaluations and due diligence efforts
- Preparing investment committee presentations and recommendations
- Managing project budgets, soft costs, schedules, and reporting
- Coordinating with architects, engineers, contractors, land use attorneys, and consultants
- Reviewing and managing consultant proposals, contracts, and deliverables
- Partnering closely with Development, Design, Construction, Operations, Investments, and Asset Management teams
- Monitoring project performance, identifying risks, and driving solutions
- Developing relationships with municipalities, community stakeholders, brokers, consultants, and industry partners
- Preparing monthly, quarterly, and ad hoc reporting for active development projects
Requirements
Development Associate Candidates
- Bachelor's degree required
- Strong analytical, organizational, and project management skills
- Interest in real estate development, construction, investments, finance, design, or related fields
- Ability to manage multiple priorities in a fast-paced environment
- Strong Excel, financial analysis, and presentation skills
Development Manager Candidates
- Bachelor's degree
- 3+ years of relevant experience in real estate development, investments, construction, asset management, finance, or a related field
- Demonstrated experience managing development projects, due diligence efforts, and financial analysis
- Ability to independently manage multiple projects and stakeholders
- Strong communication, negotiation, and relationship management skills
Qualifications
- MBA with a concentration in Real Estate, Master's in Real Estate Development, or similar advanced degree (preferred)
- Industry certifications such as LEED (preferred)
- Multifamily, mixed-use, or commercial real estate experience (preferred)
Benefits
We know that our teams are the beating heart of our success and we’re committed to showing our appreciation. We offer:
- A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage
- A 401(k) with company match
- Paid vacation and company holidays
- Exclusive team member housing discounts