Acquisitions and Development Associate

Job Description

Position Summary:

EYA, the premier residential developer in the Washington D.C. Metropolitan Area, is seeking an Acquisitions and Development Associate in Bethesda, MD.  In this position, you will be an integral member of our land acquisition and development team, working side-by-side with our executive development team and corporate leadership to source, analyze, acquire, and manage urban infill development projects.  You will assist and manage the design, entitlement, and development process for residential and mixed-use projects; assist in identifying and pursuit of new residential, mixed-income, and mixed-use acquisition opportunities; perform project financial and feasibility analysis for existing and new projects; write investment committee memos for EYA Investment Committee and third party investors and lenders; and create proposals for new public and private sector development opportunities.  We are looking for a skilled communicator, relationship builder, project manager, and future leader with a strong sense of personal motivation, initiative and responsibility.

This is an incredible opportunity to be part of an award-winning company focused on innovative and complex urban-infill development.  You will comprehensively learn and participate in the acquisition and development process from start to finish, working with some of the industry’s most well-regarded executives.  The position has growth potential for candidates who exhibit the skill and aptitude to excel in the industry.

Responsibilities:

• Work with executive acquisitions and development team to manage rezoning and entitlement efforts on pipeline projects and manage coordination with land use counsels, architects, civil engineers, and other consultants.
• Work with executive team to support and lead new acquisition activity to include research, financial analysis, and writing and producing detailed acquisition proposals.
• Prepare and present financial analysis for new and existing development opportunities, including proformas, waterfalls, and sensitivity analysis.
• Assist with the underwriting and due diligence for acquisitions and prepare investment memos for company executive team and third party investors and lenders. 
• Develop peer and industry relationships that result in consistent brand penetration and new development opportunities for EYA.

Qualifications:

• MBA with real estate or finance concentration preferred with 2 to 4 years of experience in related fields including real estate, banking, finance, and urban planning.
• Ability to work closely with executive team and corporate leadership to achieve key acquisition and development objectives.
• Excellent organizational skills and attention to detail, with the ability to prioritize and manage multiple projects simultaneously.
• Advanced proficiency with Microsoft Excel and Power Point. Excellent financial modeling skills.  Specific experience in creating and manipulating proforma financial models.
• Excellent research skills and aptitude to understand the dynamics of various locations, sub-markets, economic conditions and financial markets.
• Exceptional written, digital, and verbal communication skills.
• Excellent interpersonal and relationship building skills.
• A willingness to work flexible hours and in a fast paced, collaborative, and team-based environment.
• Strong sense of personal motivation, responsibility, and entrepreneurship.
• Local market knowledge, relationships and experience a plus.

About EYA

EYA was established in 1992 with the vision of building innovative urban neighborhoods to the highest standards. The company has made its name and reputation by creating high quality, lifestyle friendly, residential communities throughout the Washington Metropolitan Area. Consequently, no other developer in the region has received more residential building and land planning awards.

EYA has served as the master developer for a number of large mixed-use projects and public-private partnerships throughout the region and delivers approximately 200 to 300 homes annually.  In the last 26 years, EYA has built and sold more than 5,000 homes in more than 45 communities.  Go to eya.com to learn more about the EYA.

EYA is an equal opportunity employer.