Supports the Development team with all aspects of real estate development including financial analyses, design, entitlement, government approvals and construction. The Senior Associate, Development will be responsible for interfacing with brokers, equity partners and institutional partners.
* Perform financial analysis and due diligence for new development opportunities, assisting in underwriting and cash flow analysis, and responding to Requests for Qualifications or Proposals. * Research and analyses: benchmark economic activity in target markets by tracking rents, sales comparables, operating costs, competitive supply and economic expansion activity. * Assist in preparing business plans, including deal memorandums, financial forecasts and strategic plans. * Research potential sites by physically observing and visiting to better understand the market. * Attend OAC meetings, visit jobsites, and prepare required reports for ownership. * Assist in coordinating construction draws, forecasting project budgets and cash flows, and managing project deliverables. * Review vendor proposals, negotiate agreements, maintain vendor relationships, and process invoices. * Assist in meeting coordination/scheduling, documenting meeting minutes, and file organization as directed.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.