Senior Associate, Development
Related Companies · Los Angeles, CA · 1 wk ago
OTHR$75k–$110k/yrFull-time
Responsibilities
- Support Project Managers and project teams on all aspects of the development process.
- Provide operational assistance with preparing and managing funding applications, new business opportunities, contracting, community outreach, entitlement processing, plan check/permitting, the closing process, and lease-up and marketing.
- Cook up and manage deliverables to keep team and project on track.
- Verify and confirm all vendor invoices for each project and ensure they are processed in a timely manner.
- Aid in the closing process for real estate transactions including acquisition, construction loan closing and conversion.
- Aid in coordinating loan draws, forecasting project budgets and cash flows, and managing project deliverables.
- Research and analyze benchmark economic activity in target markets by tracking rents, sales, operating costs, competitive supply and economic expansion activity.
- Communicate effectively with vendor contacts to ensure clear dates and scopes.
- Investigate and resolve or refer disputes in accordance with contractual requirements.
- Handle matters related to time-sensitive material and meet multiple deadlines.
- Inform the project team of project status and issues that may impact timelines.
- Maintain a database and/or central depository of all existing contracts.
- Oversee and maintain project files of legal and confidential nature.
Qualifications
- Bachelor’s Degree, preferably Master’s Degree in real estate, business, public policy, architecture or city planning.
- Minimum 1-2 years of relevant experience in real estate or finance.
- Strong quantitative, analytical, and financial modeling skills.
- Prerequisite skills in MS Excel and PowerPoint.
- Organized and keen attention to detail with an ability to manage multiple deadlines, tasks, and assignments.
- A thoughtful analyst with strong intellectual curiosity and motivation to advance as an affordable housing professional.
- Suitability to a fast-paced environment and an entrepreneurial culture that places a premium on performance.
- Able to work independently and as part of a team.
- Excellent written and verbal communication skills.