Investment & Development Associate
About The Position
HPI is seeking an Investment & Development Associate to support acquisitions, ground-up development, and value-add repositioning across its Class A office and industrial portfolio in Dallas and adjacent markets. The role owns underwriting and deal execution end-to-end, from initial market analysis through closing, stabilization, and disposition or refinance. The Associate works directly with HPI’s investment committee, capital partners, and leasing teams. HPI is a full-service commercial real estate firm serving Austin, Dallas, Fort Worth, Houston, and San Antonio, with more than 30 years of experience developing, managing, and investing in commercial real estate. Its mission is to build trusting client relationships through proven results, professional integrity, and exceptional service.
Requirements
- At least 4 years of commercial real estate experience in acquisitions, development, or investment analysis.
- Full-cycle deal experience, from underwriting through closing, stabilization, and exit.
- Advanced Excel and financial modeling skills.
- Bachelor’s degree in Finance, Real Estate, or a related field.
- Strong written communication skills for Investment Committee memoranda and investor-facing materials.
Nice To Haves
- Argus and Yardi proficiency.
- TREC license.
Responsibilities
- Underwrite acquisition, development, and value-add opportunities across office, industrial, and mixed-use assets, and build and maintain financial models supporting investment decisions.
- Prepare Investment Committee memoranda and debt/equity packages for new investments.
- Manage full-cycle acquisition and disposition processes, including market analysis, due diligence, contract negotiation, financing, and closing.
- Coordinate with lenders, equity partners, family offices, and institutional investors on debt and equity capitalization.
- Support ground-up development from site acquisition and entitlement through construction oversight and stabilization.
- Work alongside leasing teams to drive occupancy and rent roll performance on owned assets.
- Contribute to capital-raising efforts, including investor materials and direct outreach.
- Track and report on portfolio performance and the deal pipeline to firm leadership.
Benefits
- Health insurance
- Dental insurance
- Vision insurance
- 401(k) with a safe harbor company match
- PTO
- Paid company holidays
- Paid life insurance
- Maternal/paternal leave
- Opportunities for professional and personal growth
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
