Senior Associate

About the role

At Trammell Crow Company, we have built our business – and reputation – by hiring great people. We believe outstanding, capable and dedicated employees have laid the foundation of our success and are our most valuable asset. Trammell Crow Company cultivates an environment that empowers its employees to be the best. When you join TCC, you are joining a dedicated team of people who are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. Our RISE values fuel our mission for a diverse, equitable, and inclusive work environment so our people, our business partners and the communities in which we build: thrive. We are driven by our most powerful asset—our people. Comprised of teams possessing passion, innovation, and an open culture of excellence, we are actively seeking talent with a diverse set of backgrounds and experiences across all industries to apply for open positions. Our Senior Associate, Development Investment role is responsible for underwriting prospective acquisition and development opportunities, due diligence, preparing internal and external communications (e.g., Offering Memorandums, Investment Committee Memos), executing project activities, and developing industry relationships in the Dallas office with particular emphasis on the Industrial and multifamily product type.

Responsibilities

• Support the company’s efforts to identify and gain control of new speculative and build-to-suit development opportunities
• Responsible for developing and maintaining systems for tracking new opportunities
• Support the predevelopment process to include due diligence, entitlements, risk mitigation, and overall deal viability
• Collect, review, and verify market information to support assumptions used in financial projections and feasibility analyses
• Underwrite new development opportunities utilizing the TCC Budget Builder platform
• Work with senior team members to ensure all required materials are received from sellers, consultants, and other outside entities during the predevelopment process
• Coordinate with Development Managers in the creation and refinement of building plans and specifications to ensure project meets Owners’ requirements
• Assist in sourcing debt and equity capital for projects by preparing offering memoranda for capital sources and investment packages for TCC Investment Committee
• Coordinate with TCC Capital Markets to identify and track feedback from capital partners and gather proposed terms from a variety of debt and equity sources to be used in determining optimal capital structure for project
• Contribute to business plans for development projects by gathering data for budgeted market rents and lease structures, operating expenses, and capital budgets
• Provide analytical support for asset management of pre-stabilized assets in Business Unit portfolio during lease negotiations and administration of project loan issues pertaining to property operations
• Assist Business Unit principals with financial analyses at time of monetization
• Assist Business Unit with maintaining company's proprietary asset management system (ELITE) data and information, including updated project budgets and forecasts
• Develop and maintain successful relationships with clients, partners, consultants, architects, contractors, and brokers
• Active involvement in the community and industry organizations
• Support deal document redlining, tracking and completion for term sheets, purchase and sale agreements, loan documents, and lease agreements
• Maintain interface with external clients and internal business units, ensuring fast response time for all prospective investments, tenants, and potential third-party sponsor
• Role is primarily in office with expected travel to job sites within the region.

Requirements

• Education: MBA, or other relevant graduate