Role details

This position is now filled

Senior Development Associate/Project Manager

Austin   •   USD90,000 - USD120,000   •  Permanent

Bullet points

  • Vertically integrated Real Estate Investment firm growing in TX
  • Broad asset base but lots of ground up multifamily projects

About Our Client

Our client is a well establish and growing real estate development firm based in Austin. The company has projects throughout the US but specializes in multifamily projects in the major Texas markets.

Job Description

Newly created position working directly with Head of Development at this Austin- area developer of commercial and mixed use real estate projects. The Real Estate Development Analyst will work with the operations and construction team members in the identification, planning and execution of new multifamily projects. The Senior Development Associate/Project Manager will partner with the operations and acquisition team members in the underwriting and investment plan for new equity and debt opportunities for the company. The Senior Development Associate/Project Manager will manage, create and review due diligence and third party reports and help prepare internal reports to facilitate preparation of credit packages. Some highlighted responsibilities include:

  • Site Selection Manage underwriting and entire due diligence process in connection with asset acquisition
  • Evaluating credit data and financial statements in order to determine the degree of risk involved
  • Gathering bids from design and pre-construction subcontractors Facilitate and support
  • Asset Management and Operations.
  • Assist with performance tracking and reporting to clients.
  • Preparing reports about the degree of risk in lending money to clients
  • Analyzing client records and using the data to recommend approval or decline Perform real estate market research and facilitate decision support for new ventures.

The Successful Applicant

This role is designed for someone 5-7 years into their real estate career who has hands on development experience. Candidates MUST have a completed Bachelors, advanced degree a plus. Other qualities:

  • Project development experience in a multifamily firm, looking for "full cycle" exposure and experience.
  • Strong financial modeling experience in Excel. Exposure to Argus a plus.
  • Knowledge of Texas real estate markets - Austin preferred, Houston and DFW acceptable.
  • Excellent written and oral communication skills, as well as organizational skills. Able to analyze, evaluate and move quickly to support rapid decision making.

What's on Offer

Salary plus bonus