Extell · 10 hours ago
Development Associate
Park City, UT
Full-time
Onsite
Entry, Mid Level
2+ years expExtell Development Company is a nationally acclaimed real estate developer of residential, office, retail and hospitality properties. The Development Associate is responsible for driving real estate development projects from beginning to end, supporting senior management and collaborating with various departments to implement the development business plan.
Building MaintenanceProperty DevelopmentReal Estate
Responsibilities
Create and modify complex financial models, including cash flow projections, valuation models and sensitivity analyses
Prepare pre‐development and development schedules
Prepare and modify development budgets for new and on‐going projects
Track and analyze market comparables and benchmark projects
Evaluate credit data to determine the degree of risk involved in order to prepare investment memos for debt and equity providers, assist with due diligence for lenders
Prepare comprehensive monthly reports for investors
Assist on execution of development agreement obligations
Assist on execution of major project agreement (hotel management agreements, loan agreements, etc.) obligations
Coordinate monthly budget and variance analysis and interpret financial performance with senior management
Coordinate capital calls and prepare project updates to investors
Assist with negotiation and execution of contracts with design teams, track project costs and approve consultant and contractor requests for payment
Assist in review of design documents, participate in consultant coordination meetings, and use discretion for solving project design coordination issues
Assist in preparation of offering plans and marketing efforts
Participate in the process of sourcing new development and acquisition opportunities
Participate and assist with preparation of government agencies program applications
Review and analyze Request for Proposals (“RFP”), as well as participate in the preparation of RFP submission packages
Perform any additional duties assigned by manager
Qualification
Required
Bachelor's degree from an accredited university or college required
2‐4 years of relevant experience in real estate development or investment, business management, architecture or other related activities in the real estate industry
Knowledge of general workflow and processes for the construction of buildings
Advanced knowledge of budgets, cost reports and accounting terms
Excellent knowledge of MS Office (Excel, Word, Outlook)
Strong financial, interpersonal, and analytical skills
Ability to work as part of a team in an entrepreneurial environment
Great attention to detail, work ethic and administrative skills
Sound business judgement
Excellent oral and written communication skills, ability to present recommendations and interact with the senior management and investment partners
Preferred
Advanced degree preferred
Company
Extell
Extell is a real estate developer of residential, commercial, retail, hospitality, and mixed-use properties.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$425M2022-10-28Debt Financing· $425M
Leadership Team
Julie A. Long, CPA
Chief Operating Officer
Roy Kim
Chief Design Officer
Recent News
2026-01-19
The Real Deal
2025-12-28
The Real Deal
2025-09-12
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