Development Associate- RDU Corporate Office

Northwood Ravin • Durham, NC

2d • Onsite

About The Position

Northwood Ravin is seeking a Development Associate to support the full lifecycle of multifamily real estate development, from early site evaluation and underwriting through design, permitting, construction, and lease-up. The role supports financial analysis, due diligence, budgeting, project execution, and coordination with the internal and external teams involved in development projects. The associate works closely with senior leadership, Development, Construction, Property Management, Asset Management, architects, engineers, contractors, consultants, and other partners to help keep projects financially sound, compliant, and progressing.

This position combines financial analysis with hands-on project execution. It requires balancing decisions about cost, design, timing, and operations while managing multiple priorities and maintaining attention to detail. Travel is required as needed for project sites and meetings with consultants, contractors, stakeholders, and government authorities.

The role is based at the Durham Corporate Office in Durham, North Carolina. Northwood Ravin describes its culture as collaborative, accountable, and committed to excellence. The company offers competitive compensation, personal development, housing opportunities within its communities, and benefits intended to support well-being, financial stability, and life beyond work.

Requirements

• At least 3 years of experience in real estate development, finance, construction, or a related field.
• Strong understanding of real estate investment and development fundamentals, including financial modeling, underwriting, budgeting, due diligence, entitlements, and construction.
• Proficiency in Excel and comfort working with ARGUS, project management platforms, and Microsoft Office.
• Ability to analyze complex transactions and investment assumptions, interpret design and construction documents, manage multiple projects and shifting priorities, and present information clearly to senior leadership and other stakeholders.
• Strong judgment, organization, and follow-through; ability to work independently, collaborate across disciplines, anticipate potential issues, and take ownership of assignments through completion.
• Ability to travel as needed for project sites and meetings.

Nice To Haves

• Multifamily experience.
• A bachelor's or master's degree in Real Estate, Finance, Architecture, Engineering, Business, Urban Planning, or a related discipline.

Responsibilities

• Support site selection and due diligence through market research, demographic analysis, feasibility studies, third-party reports, and acquisition-related activities.
• Maintain financial models and project underwriting, evaluate investment returns, track development budgets and expenses, and support debt and equity financing activities.
• Coordinate permitting, entitlements, design approvals, consultant activities, and regulatory requirements throughout the development process.
• Monitor construction progress through site visits, framing walks, project milestones, RFIs, construction draws, change orders, and hard- and soft-cost tracking.
• Manage project information and coordinate across Development, Construction, Property Management, Asset Management, senior leadership, consultants, and other stakeholders to keep decisions and deliverables moving.
• Travel as needed for project sites and meetings with consultants, contractors, stakeholders, and government authorities.

Benefits

• Competitive compensation.
• Personal development.
• Housing opportunities within company communities.
• Retirement planning with company match.
• Generous paid time off.
• Dedicated time to give back through volunteer initiatives.
• Expanded time off, enhanced retirement contributions, reduced benefit costs, and meaningful recognition at key milestones.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level