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Related Ross · 10 hours ago

Senior Associate, Development

West Palm Beach, FL

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Related Ross is actively seeking a Senior Associate to join their development team, focusing on all aspects of real estate development. The role involves site acquisition, project financing, due diligence, and overall project management, particularly for mixed-use projects.

Commercial Real EstateProperty ManagementReal EstateResidential

Responsibilities

Underwrite new development and acquisition opportunities

Take leadership and ownership for the execution of the development, with the goal of maximizing value creation and innovation

Conduct market research, site assessments and other due diligence related to site acquisition and development feasibility

Author financial forecasts, project reports and investment memoranda

Create and manage detailed financial models and budgets for all components of the project including roll up models

Recommend major operating and financial decisions for approval, e.g., leases and/or financings

Lead the day-to-day development activities of the projects including entitlements and approval management, programming, public relations, environmental, design and construction, and marketing, leasing and financing coordination

Oversee day-to-day project management responsibilities: Careful attention to whether the project is proceeding on time, on budget and in accordance with plan

Attend and participate in project meetings and executive presentations, including design and planning meetings, internal and external presentations, project coordination meetings, stakeholder meetings, construction administration meetings, and various workshops plan

On an ongoing basis, assess project risks and recommend strategies to mitigate them

Be proactive in advising senior management of issues/opportunities that may have meaningful economic consequence

In collaboration with RR Construction and Design Management divisions, work closely with architects and engineers to maximize land usage, building efficiency, design integrity and meet proforma targets

Management and motivation of employees that would report directly or dotted line to this position

Qualification

Real estate developmentFinancial modelingProject managementMixed-use developmentQuantitative analysisMS ExcelInterpersonal skillsStrategic thinkingProblem-solvingWork ethic

Required

A minimum of a bachelor's degree; MBA or MRED preferred

Minimum of 10 years' relevant experience in mixed-use, retail and/or hospitality development

Prior work experience with a prominent developer is required, including at least one completed project through the full development cycle

Proven skill in maximizing the operating and financial performance of development projects

Strong quantitative, financial analysis and modeling, advanced MS Excel skills are required; experience with Argus is a bonus

Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines

Deal instinct and owner mentality

Strategic thinker with a keen understanding of value creation

Creative and innovative problem-solver

Superior interpersonal skills: Strong personal presence, Ease in working with people up and down the organization hierarchy, Naturally adaptive to different audiences, Diplomatically assertive

Strong work ethics and sense of integrity and ethics. Values entrepreneurialism. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success

Preferred

Engineering or architectural work experience or education is desirable but not required

Benefits

Personalized Health Care : Multiple medical, dental, and vision plan options; Employee Assistance Program

Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs

Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching

Career Development : Learning & training programs; tuition & certification reimbursement; internal advancement opportunities