Associate, Development Execution and Capital Projects
About The Position
The Associate, Development Execution and Capital Projects supports execution of multifamily development projects in Southern California. Working with internal departments and external project teams, the Associate manages schedules, budgets, design deliverables, permitting and project reporting. The role requires a high degree of independence, proactive issue resolution and contribution to on-time, on-budget delivery and financial performance across multiple projects. The Associate coordinates design and construction activities, consultant deliverables, project costs, permitting and entitlement work, and communication with stakeholders. The position also supports project branding, marketing and pre-opening activities, and requires attendance at work as scheduled and visits to project sites as needed. Travel to project sites and other Carmel offices may be required. Carmel Partners is a real estate investment management company focused on U.S. multifamily development and construction, renovation and debt investments. The company describes its mission as creating exceptional multifamily communities that enrich lives and neighborhoods.
Requirements
- Bachelor’s degree required.
- At least 3 years of experience in the multifamily development industry, including coordinating multiple projects, consultants, schedules, budgets and deliverables in a fast-paced environment.
- Strong analytical and writing skills, including experience with development pro formas, budgets and financial reporting.
- Working knowledge of design, construction, permitting and entitlement processes.
- Excellent written, verbal and interpersonal communication skills, with strong organizational skills and attention to detail.
- Demonstrated ability to negotiate, influence and build productive relationships with internal and external stakeholders.
- Ability to multitask in a constantly changing environment, exercise sound judgment and solve problems independently.
- High proficiency in Microsoft Excel, Word, Outlook and PowerPoint.
- Willingness to adopt emerging AI tools and technology to enhance analysis, streamline workflows and improve productivity.
- Ability to travel as needed, including to project sites and other Carmel offices.
- Authorization to work in the U.S.A.; the company is unable to sponsor or assume sponsorship of an employment visa for this role.
Nice To Haves
- Graduate degree in Business, Finance, Real Estate, Architecture or a related field.
- Knowledge of Southern California markets.
- Deep intellectual curiosity and desire to apply technical skills to drive value and shape investment strategy.
- Excellent organization and time management skills, including the ability to manage multiple quantitative projects simultaneously.
- Collaborative approach and ability to work independently.
- Impeccable integrity and dependable judgment.
Responsibilities
- Build, maintain and monitor development schedules, milestones and consultant deliverables across construction, architecture, engineering and other design disciplines.
- Manage and update development pro formas, including project budgets, schedules, timing, and market and underwriting assumptions; identify and communicate material changes and risks.
- Track project costs against budget, including contracts, change orders and pay applications; prepare monthly development reports, project status updates and variance analyses for internal stakeholders.
- Coordinate Owner/Architect/Contractor (OAC) meetings, particularly before construction starts, including scheduling, agendas, meeting minutes, action items and follow-up.
- Participate in identifying, evaluating and selecting external consultants; manage soft cost contracts and monitor consultant deliverables.
- Coordinate permitting and entitlement requirements, submissions and approvals with consultants and relevant agencies.
- Support design coordination and resolution of project issues across consultants, construction and other stakeholders to keep projects aligned with scope, schedule and budget.
- Partner with internal teams and third-party partners to support project design, execution and delivery.
- Coordinate project branding, marketing and pre-opening efforts with internal teams and external partners.
- Attend work as scheduled and visit project sites as needed to support the company's ongoing success.
- Perform other duties, responsibilities and special projects as assigned.
Benefits
- Competitive compensation and a comprehensive benefits package.
- Bonus incentive in addition to base salary.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
