CIM Group · 1 day ago
Associate, Development
New York, NY
Full-time
Onsite
Mid, Senior Level
$100K/yr - $140K/yr
5+ years expCIM Group is a community-focused real estate and infrastructure owner, operator, lender, and developer. They are seeking an Associate to assist the Development Lead with day-to-day management duties across various project phases, including acquisition, construction, and closeout.
Asset ManagementCommercial Real EstateFinanceFinancial ServicesProperty DevelopmentProperty Management
Responsibilities
PROJECT MANAGEMENT BY PHASE
Entitlements & Permitting: Has begun taking the lead, under AVP/VP supervision, to secure the appropriate approvals, certifications, permits, etc. from city and other government agencies. Coordinates meetings with DBS, as necessary, to overcome plan check hurdles
Construction Oversight: Understands construction concepts, building sequence, contracting methods, building materials and construction documentation
Leasing / Tenant Coordination: Corresponds with Leasing Team regarding Landlord Work Letter and Delivery requirements. Tracks Tenant Improvement progress and review requests for Allowance Disbursements
Feasibility & Due Diligence: Works with the Investment Deal Team(s) to procure accurate due diligence information and produce feasibility analyses of potential acquisitions within the short due diligence timeframe
Sales & Marketing: Assists in the development and direction of sales and marketing campaigns with internal sales/leasing team, marketing communications, and 3rd-party vendors. Makes meaningful contributions during these campaigns
PROJECT PERFORMANCE OVERSIGHT
Reporting: Provides reports related to project status to Development Lead, Investments Deal Team, etc. Evaluates project performance, recommends changes where necessary to ensure desired results. Monitors and reports project status to investors, lenders, joint ventures, quasi-public partnerships and the like
Budget Oversight: Prepares and tracks development budget related to assigned projects. Ensures milestones are met within budget. Understands controllable costs and risks. Notifies Development Lead of any observed potential cost increases
Schedule Oversight: Tracks project timelines, ensures milestones are met on time by notifying Development Lead of potential delays
SUPERVISORY RESPONSIBILITIES
Talent Management & Development: Oversees Analysts' and Project Coordinators' work activities related to projects
Vendor Management: Oversees staff-level contractors, subcontractors and vendors related to day-to-day activities. Provides recommendations and feedback during hiring of vendors and contract negotiations
DOCUMENT ORGANIZATION
Project Documents: Manages project documents including approvals, agency releases/declarations/determinations, easements, covenants, tract maps, construction documents, A/E design and engineering plans/specs, contracts/change orders, closeout documentation. Maintains project and/or management files according to established criteria. Shares and uploads documents and communication on General Contractor's project management website. Oversees project related document distribution to 3rd parties and own version control
Invoicing: Reviews and approves (as first approver) invoices, vendors, etc. entered by PC or project accountant in a timely manner
Buyout: Oversees creation of bid documents and scope of work preparation in order to ensure bidders are pricing a comparable scope of work. Prepares bid comparison spreadsheets for team review and selection
Contract Negotiation: Assists in negotiating and drafting contract terms and scope with design consultants, contractors, and other vendors. Demonstrates success selecting optimal vendors
Qualification
Required
Bachelor's degree required. Master's degree may be considered for length of experience
At least five years of relevant experience, including focus in project management, depending on project
Demonstrates experience in conceptualizing, site planning, programming and executing development of mixed-use, office, retail and multi-family projects
Seeks out market information internally and externally. Takes advantage of professional development opportunities that will provide access to industry insider's opinions
Responds to common inquiries from stakeholders such as investment team members, accounting staff, etc., including top management
Effectively presents information to regulatory agencies, public groups and/or business owners and other stakeholders in public speaking formats
Analyzes and interprets technical materials, financial reports, legal documents and memos and shares important details with Development Lead
Effectively communicates in correspondence and reporting
Works well within development team, other CIM departments and with 3rd parties
Works with team to translate strategies into team goals and objectives
Usually willing to take share of responsibilities for team actions and makes personal adjustments when necessary
Defines problems, collects data, establishes facts, draws valid conclusions and provides logical recommendations. Solves problems when necessary. Thinks critically and creatively
Works independently with some supervision of Development Lead. Shows initiative on 'projects within projects'. Has begun learning responsibilities of Development Lead
Applies common-sense understanding to carry out instructions from Development Lead and other departments when appropriate. Demonstrates self-awareness. Takes initiative in asking questions. Learns on the job
Maintains positive outlook through situations or challenges requiring negative or rapid change
Prioritizes key questions, problems and assumptions needed for decision-making. Recognizes key cause and effect factors. Draws conclusions that will prevent problems in the future
Benefits
A variety of Medical, dental, and vision benefit plans
Health Savings Account with a generous employer contribution
Company paid life and disability insurance
401(k) savings plan, with company match
Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
Up to 16 hours of volunteer time off
Up to 16 weeks of Paid Parental Leave
Ongoing professional development programs
Wellness program, including monthly and quarterly prizes
And more!
Company
CIM Group
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer.
501-1000 employees
H1B Sponsorship
CIM Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2023 (9)
2022 (3)
2021 (1)
2020 (3)
Funding
Current Stage
Late StageTotal Funding
$47.5M2023-11-27Debt Financing· $47.5M
2021-05-15Undisclosed
Leadership Team
Bernard Ryan
Managing Director, Head of Insurance Solutions
Recent News
Crain's New York Business
2026-01-21
Company data provided by crunchbase