Associate, Development

Brookfield Properties•Los Angeles, CA

3d•Onsite

About The Position

Brookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world's largest alternative investment managers. Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don't just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We're elevating the logistics business as we envision – and then deliver – the world's most forward-thinking properties, creating spaces where people, businesses, and communities thrive. We are seeking a Associate, Development to join Brookfield Properties in Los Angeles, CA. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you. The position requires a high degree of energy, enthusiasm, real estate knowledge, and professionalism. The position will report to the Vice President, Development with a day-to-day interface with other team members. Experience in development, land entitlement, construction, tenant improvement, and overseeing capital expenditure improvements will be required of the position. This position will be responsible for sourcing, budgeting, permitting, overseeing improvements, and supporting every facet of the development cycle.

Requirements

2-5 years of related experience, preferably work experience alongside a General Contractor and/or a Commercial Real Estate Developer
Bachelor's Degree in a related field required; major in Construction Sciences, Engineering or Architecture a plus
Proficient in MS Excel, MS Project, Project Management Software Programs and Bluebeam; AutoCAD/3D modeling a plus
Proven track record in design, engineering, and construction
Knowledge of and experience in the construction and/or development process
Leadership experience in team environments
Eagerness to work with and manage internal and external resources, consultants, and contractors
Proficient in oral and written communication coupled with the ability to craft and present detailed work product
Forward thinking, low ego needs coupled with high engagement
Promote a positive, “can-do” attitude with a real focus on efficiency and effectiveness
Highly collaborative by nature and be willing to roll up his/her sleeves to drive the business
Highly organized, patient, and strategic with an ability to defend their position in a well-reasoned, articulate fashion in a non-authoritative environment
The ability to set clear and challenging goals while committing to improved performance, tenacious and accountable in driving results
Comfortable with ambiguity and uncertainty; the ability to adapt nimbly and navigate complex situations

Responsibilities

Participate in the leasing process and analyze potential leases and the resulting financial impact on an investment
Build and maintain strong relationships, both internally and with architects, engineers and contractors in the region
Participate in leading teams of consultants and contractors to obtain the regional development and capital projects goals and objectives
Participate in management of cost and timeline of development projects, large tenant improvement projects, and important property improvement projects
Participate in site planning and delivery of best-in-class Real Estate products that align with investment objectives and Brookfield approved specifications
Participate in the due diligence investigation of new investment opportunities, including coordination with third parties
Lead in preparing exhibits for investment memorandums that communicate conclusions and risks to management
Participate in coordinating site entitlement and building due diligence including environmental site assessments, hydrology, boundary surveys, easements, geotechnical evaluations, platting, permitting, CEQA, etc.
Assist as required in preparing physical due diligence reports, replacement cost budgets, and capital improvements budgets needed for pursuit of acquisition properties
Participate in preparation of preliminary development budgets (i.e., Proformas, Land Models, Development reports) for proposed land, building and tenant improvement cost for review with the Development team for evaluation
Establish, plan, and chair regularly scheduled project meetings to communicate the company’s expectations and oversee the timely completion of milestones set forth in each of the contemplated developments
Manage internal tracking of all development financials including budgets, costs, and change orders
Assist in development financials/procurement including reviewing and approving invoices, developing RFP’s, reviewing proposals and change orders, leveling proposal bids, and conducting proponent interviews
Manage design queries, consultant coordination and design & construction documentation
Collaborate with a team of development professionals and analysts based in the Los Angeles, CA Office, which covers the West North America Region. In addition, this person will support asset management and building acquisitions in the West Region