DEVELOPMENT ASSIOCIATE

PETERSON COMPANIES•Fair Oaks, VA

2d•Onsite

About The Position

As one of the region’s largest privately-owned real estate developers, Peterson Companies has been consistently delivering some of the area’s most exciting destinations for more than 50 years. With a portfolio that includes National Harbor, Downtown Silver Spring, Fair Lakes, and Fairfax Corner, we continually strive to enhance the local community. We develop vibrant properties, and entire neighborhoods, that bring people together. Who You Are: You enjoy working for a company that has an active culture with excellent perks that foster work life balance. You are passionate about delivering world class customer service and fostering an environment of respect and inclusivity. You enjoy engaging with a team to deliver results and meet deadlines but are also capable of independent work product delivery. You approach challenges with a positive attitude and tactful communication. You have an introductory understanding of the entire real estate development life cycle including property acquisition, entitlements, construction, leasing, asset management, and property sales. You know how to actively listen and add value in meetings and are confident in your ability to work with commercial real estate brokers, elected officials and government staff, and property due diligence consultants. You are technology savvy with strong aptitude for data management principles, AI tools, productivity apps, GIS software. What You Bring: Curiosity, ambition, and intelligence

Requirements

B.S. in Civil Engineering, preferred but not required (additional applicable degrees include engineering, real estate, construction management, and finance)
Minimum of 2-3 years of work experience with an engineering firm, general contractor, commercial real estate firm, or a similar real estate developer / asset manager
Comprehension of commercial real estate transactions and how to manage key data points for the acquisition and disposition of commercial real estate
Knowledge of the built environment including site work and building construction
Ability to multitask, exercise sound judgment, and maintain a high level of confidentiality and tact
Aptitude to engage with outside committees and boards, charitable organizations, and industry organizations (ULI, NAIOP, etc.)
Self-motivated and able to meet deadlines with minimal direction
Ability to collaborate across departments and work within a team structure
Highest levels of integrity, work ethic and dependability
Good humor, positive attitude, and a commitment to excellence
Experience with or the demonstrated ability to master LightBox, Google Earth, Bluebeam, and Smartsheet
Knowledgeable and confident in using Microsoft Outlook, Word, Excel, PowerPoint, and TEAMS

Responsibilities

Perform acquisition property due diligence
Maintain data integrity for master data set of owner portfolio, real estate transactions, and potential acquisition properties
Own and provide insight on market comps and competition leveraging business intelligence and GIS tools
Facilitate the execution and delivery of legal documents
Support Development Managers with active entitlement, procurement, site work, and construction activities
Manage project budgets and necessary accounting actions / approvals on assigned projects
Maintain physical and digital files including meeting minutes, entitlement documents, consultant reports, and design files
Conduct research projects as requested
Provide excellent client service and coordination with internal and external stakeholders
Pilot new processes, develop team innovations, and stay current with new technologies and productivity tools
Manage industry research report collection and insight application
Support strategic firm initiatives related to Corporate Social Responsibility, Procurement, Risk Management, and Lessons Learned / Best Practices
Prepare project budgets and Investment Committee Requests as assigned