Back to search results

Development Associate

Atlantic Pacific Companies

Affordable Housing Multifamily

Miami, FL

Salary Estimate: $75,000.00 - $99,999.00

Employment Type: Full Time

Work Place: Office

Experience Required: 2+ to 5 years

Education Required: 4 Year College

Job Description

Atlantic | Pacific Companies is a dynamic industry leader with a growing and diverse portfolio of properties throughout Florida, Georgia, North Carolina, Maryland, The District of Columbia, Texas, and Southern California.

Our Company is actively seeking an experienced and highly skilled Real Estate Development Associate to join our team at the corporate office situated in the vibrant Miami area. In this pivotal role, you will collaborate closely with the executive team of our Multifamily Development Division, contributing to the meticulous underwriting of diverse apartment developments with a focus on affordable housing projects.

Our Development Associates are integral to every phase of our transformative projects at A|P. Our approach involves working intelligently and industriously, where the finest ideas take precedence. Your impact on team performance is the sole limitation to your progression. We embrace mentorship for our Development Associates, entrusting them with increasing responsibilities and recognizing their potential with autonomy and career advancement.

Key Responsibilities:

Due Diligence:

Participate in acquisition due diligence activities.
Facilitate physical due diligence processes, encompassing contract review, budget preparation, and coordination with consultants for potential acquisitions.
Conduct comprehensive research supporting various development functions, such as acquisitions, due diligence, impact fees, utility costs, market analysis, construction expenses, entitlements, and more.
Collaborate in the creation and maintenance of financial models and budgets.
Oversee the tracking of timelines and schedules.
Gather and organize documentation for RFQ/RFP responses.
Assist in the preparation of RFQ/RFP responses and the coordination of community arrangements.
Aid in land acquisition, including drafting LOIs and purchase contracts with legal consultation and collecting due diligence materials.
Contribute to financial closings alongside lenders, legal advisors, and other project collaborators.

Corporate Contributions:

Provide robust support to multiple executives through the creation of financial models and comprehensive analysis.
Collaborate with Development Associates to troubleshoot development challenges.
Extend assistance to various company team members in mastering Excel fundamentals.
Undertake special projects and analysis for executives, delivering succinct and insightful findings and recommendations to internal and external stakeholders.

Requirements:

A Bachelor's or Master's degree in Finance, Real Estate, or a closely related field is essential.
Mastery of computer software, notably Microsoft Word, Excel, and Outlook. Proficiency in advanced Microsoft Excel functions is imperative.
Exceptional quantitative skills are a prerequisite.
A minimum of 2-4 years of hands-on experience in Real Estate Finance is mandatory.
Familiarity with affordable and workforce housing projects is a valuable asset.
Demonstrated ability to work autonomously, showcasing reliability and organizational acumen.
Maintains a high level of professionalism, energy, and a positive approach.
Outstanding customer service skills are essential.
Excellent written and verbal communication skills are a must.

Company Perks:

Competitive Salary.
Comprehensive Employer-Provided Health Insurance, Life Insurance, and Long-Term Disability Coverage.
Dental and Vision Insurance.
Flexible Spending Accounts.
Generous Paid Time-Off/Holiday Package.
Robust 401(k) Retirement Plan.
Employee Referral Program.
Access to Employee Assistance Program.
Employee Discounts Program.

Development