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RREAF Holdings · 1 month ago

Development Associate, Outdoor Communities

Dallas, TX, USA

Full-time

Onsite

Entry, Mid Level

$90K/yr - $120K/yr

2+ years exp

RREAF Holdings is a vertically integrated real estate investment, development, and management firm with a focus on acquiring and enhancing manufactured housing communities and RV properties. The Development Associate will be responsible for financial analysis, site acquisition, due diligence, and managing the existing portfolio while assisting with new acquisitions.

FinanceReal EstateReal Estate Investment

Growth Opportunities

Responsibilities

Assist the Asset Manager in a broad range of activities including site acquisition, financing, government approvals, design and construction management, sales and marketing strategy

Support the execution of asset-level business plans, including site development, amenity upgrades, and operational improvements to increase asset value

Conduct market assessments, site assessments, zoning assessments, and other due diligence related to acquisitions and development feasibility

Collaborate regularly with in-house property management and construction management teams to ensure alignment on project timelines, budgets, leasing strategies, resident experience, and operations initiatives

Track construction spend against budget. Coordinate pay applications, including lien waivers and other requirements for lender draws

Manage capital projects. Monitor costs, schedules, and ROI for site upgrades, common area upgrades, and deferred capital expenditure

Assist with compiling quarterly, annual and ad hoc performance reports, including variance analyses, KPI dashboards, and asset reviews to ownership and capital partners

Conduct regular property visits to review operations, inspect construction progress, and engage with on-site teams. Ensure consistent standards across the portfolio

Assist with hold/sell analyses, refinancing scenarios, and long-term asset strategy recommendations in collaboration with acquisitions and capital markets teams

Qualification

Real EstateFinancial AnalysisConstruction ManagementMicrosoft ExcelProject ManagementInterpersonal SkillsCommunication Skills

Required

Bachelor's degree in Real Estate, Construction Management/Engineering, Civil Engineering, Business, or a related field

2-3 years of asset management, construction or acquisition experience with exposure to manufactured housing, RV properties, multifamily, hospitality or SFH portfolios

Strong understanding of real estate finance, CapEx execution, development sequencing

Advanced in Microsoft Excel, PowerPoint, Word, Teams, Outlook, and project tracking tools

Entrepreneurial mindset with strong interpersonal skills and ability to work across departments in a fast-paced environment

Excellent communication, written and interpersonal skills with a strong attention to detail

Willingness to travel to asset locations as needed