Development Associate

ARI Apartment Management•Greensboro, NC

18d

About The Position

Learn from one of the largest privately held multifamily developers in the country! We are seeking a highly motivated and detail-oriented Development Associate to join our team. This mid-level position is ideal for a driven individual with 3+ years of experience in real estate development, finance, or a related field. The successful candidate will play a critical role in overseeing the entire development process, from land acquisition through permitting, ensuring projects are delivered on time and within budget. This role requires a strong understanding of financial modeling, project management, and a proactive approach to managing consultants and navigating regulatory processes.

Requirements

Bachelor's degree in Finance, Economics, Real Estate, or a related field.
3+ years of professional experience in real estate development, financial analysis, or a similar role.
Strong understanding of real estate financial modeling and investment analysis.
Proven ability to manage multiple projects simultaneously and prioritize tasks effectively.
Excellent communication, negotiation, and interpersonal skills.
Proactive problem-solver with a strong attention to detail.
Ability to thrive in a fast-paced, dynamic environment.

Nice To Haves

Experience with real estate development software
Familiarity with local zoning regulations and permitting processes.

Responsibilities

Develop and maintain detailed financial proformas, including budgeting, cash flow projections, and return on investment analyses.
Oversee all financial aspects of development projects from approvals through construction, lease up & stabilization
Manage and coordinate external consultants, including civil engineers, architects, and other specialized professionals.
Drive the design process for both civil and architectural components, ensuring timely completion and submission of drawings for permitting.
Proactively push consultants to meet deadlines and secure necessary approvals from regulatory agencies.
Oversee the permitting process, ensuring all required permits are obtained efficiently and on schedule.
Ensure the job is thoroughly prepared and ready for construction once permits are secured.
Collaborate closely with internal teams, including acquisition, construction, and legal, to ensure seamless project execution.
Prepare regular project updates and reports.
Maintain strong communication channels with all project stakeholders.