Associate, Development Investments

Brookfield Asset Management•San Diego, CA

2d•$130,000 - $150,000•Onsite

About The Position

Brookfield Properties is seeking an Associate to join their Development Investments team in San Diego, CA. This role will support the acquisition and execution of complex multifamily and mixed-use development opportunities across the U.S. and Canada, as well as other development initiatives. The Associate will be involved in the full lifecycle of projects, including underwriting, preparing investment committee materials, diligence, execution support, and asset management analytics, with a focus on producing clear, decision-ready work product.

Requirements

Bachelor’s degree in finance, real estate, economics, engineering, or a related field.
4-7 years of experience in real estate investing/development (preferably multifamily), investment banking, private equity, lending, valuation/advisory, or a related analytical role.
Strong Excel modeling capability; able to build and pressure-test models with limited supervision.
Strong written communication skills—able to turn analysis into clear narrative and investor-style materials.
Highly organized and detail-oriented; able to manage multiple concurrent priorities and deadlines.
Comfortable operating in ambiguity and navigating complex, highly structured transactions.
Collaborative working style; proactive follow-through and strong ownership of deliverables.

Nice To Haves

Exposure to development underwriting, entitlements/approvals, construction budgeting, or PPP structures.
Experience supporting investment memoranda and senior decision-makers in a fast-paced environment.

Responsibilities

Build, maintain, and audit project-level financial models in Excel (development cash flows, sources/uses, financing, sensitivities, scenario analysis, and returns).
Perform market and deal-specific research (comps, rent/expense assumptions, supply/demand, capital markets context) to support underwriting.
Draft and help finalize investment committee memos and supporting exhibits; synthesize key risks, mitigants, and recommendations.
Support evaluation of partnership structures (including PPP) and the related economics, incentives, and constraints.
Prepare recurring updates for senior team members on pipeline, active underwriting, and key workstreams.
Create clear, organized materials for internal stakeholders to align on priorities and decisions.
Support diligence processes by coordinating information flow across internal teams and third parties (consultants, counsel, design/construction, etc.).
Track diligence items, open questions, and deliverables; maintain clean documentation and version control.
Assist with schedule and milestone tracking across predevelopment, entitlements/approvals, and construction planning.
Support budget updates and periodic reporting for projects and assets (variance analysis, key drivers, forward-looking risks/opportunities).
Assist with annual/quarterly business planning inputs, including scenario analysis and strategic initiatives.
Partner with Asset Management on ongoing analytics tied to operating performance and value creation initiatives.
Coordinate with internal teams including Investments, Asset Management, Development, Finance/FP&A, Legal, Leasing, Design & Construction, and Marketing.
Support engagement with external stakeholders relevant to complex development and PPP processes (public agencies, community stakeholders, partners, and advisors), including preparation of presentations/materials as needed.