Development Associate (Real Estate) - Convexity
About the role
Convexity Properties, a full-service real estate firm, invests in and develops unique retail, residential, commercial and mixed-use properties. The team seeks challenging projects that benefit from the firm's agility, high standards, and expertise.
Responsibilities
- Track and organize a wide variety of project tasks, schedules and deliverables from design through post-construction, with an emphasis on the core construction phases
- Manage the work of external service providers identified through competitive RFP selection process (architects, engineers, general contractors, FF&E procurement agents, designers, specialty consultants, etc.)
- Affiliate in contract negotiations with external service providers, manage financial and scope changes to negotiated terms, and ensure compliance with project deliverables and work standards
- Liaise with municipal authorities to understand local requirements and gain necessary approvals and permits
- Prepare project budgets, prepare monthly draw requests and provide regular reporting on project financials
- Provide regular project updates to internal and external project resources and senior management; identify issues and develop contingency plans as needed
- Interact with acquisitions team to assist in determining viability of prospective projects
- Affiliate in the review of design and bid documents to ensure scope of work is aligned with project financial objectives and requirements
- Affiliate in the management of the project close-out process to a successful completion
- Travel to project sites as needed
Requirements
- 3-5 years of directly related development and project management experience in the real estate industry, preferably with mixed use commercial, hospitality or residential projects
- Previous experience working on urban projects
- Strong initiative and motivation to drive projects to completion
- Vendor management experience
- High level of proficiency with Microsoft Office suite, in particular MS Project and Excel
- Strong problem-solving and issue resolution abilities
- Excellent written and verbal communication skills
- Strong organizational and time management skills and are highly detail oriented
- Bachelor’s degree in construction management, architecture, engineering, urban planning or similar area of study
- Ability to travel within the U.S. approximately 40% of the time (2-3 days/week)
Qualifications
- Experience developing project proformas and financial statements
- Experience working on luxury high-rise residential projects
Skills
- Project management
- Vendor management
- Financial analysis
- Microsoft Office Suite
Benefits
The annual base salary range for this position is $85,000 to $120,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
Pay
The annual base salary range for this position is $85,000 to $120,000 depending on the candidate’s experience, qualifications, and relevant skill set.
Schedule
The position is full-time.
Contact
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