AvalonBay

Development Associate

AvalonBay$71K — $119K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • Strong analytical, organizational, and project management skills.
  • Interest in real estate development, construction, investments, finance, design, or related fields.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Strong Excel, financial analysis, and presentation skills.

Responsibilities

  • Support and lead development feasibility and investment analysis.
  • Create and maintain financial models and development pro formas.
  • Conduct market research, demographic analysis, and competitive assessments.
  • Participate in site acquisition evaluations and due diligence efforts.
  • Prepare investment committee presentations and recommendations.
  • Manage project budgets, soft costs, schedules, and reporting.
  • Coordinate with architects, engineers, contractors, and consultants.

Benefits

  • Medical, dental, and vision coverage.
  • 401(k) with company match.
  • Paid vacation and company holidays.
  • Exclusive team member housing discounts.
Full Job Description
Development Associate

Position Type:
Full time
Weekly Scheduled Hours:
40
State:
California
City:
Irvine
Zip Code:
92614

The Role:

This role has two salary ranges, depending on the level at which the candidate is hired:
  • Development Associate: $71,800.00 - $119,600.00
  • Development Manager: $113,000.00 - $188,400.00


The final level will be determined based on each candidate's professional experience, qualifications, and overall fit for the role.

Development Associate / Development Manager

At Vivmark Residential, our Development team is responsible for identifying, evaluating, and executing multifamily and mixed-use development opportunities that create long-term value for our residents, investors, and communities.

We are seeking a Development Associate or Development Manager to support and lead various aspects of the real estate development process, from site evaluation and financial analysis through project execution and delivery. The level will be determined based on experience and qualifications.

What You'll Do:

As a member of the Development team, you will play a key role in evaluating new opportunities, managing active developments, and coordinating with internal and external stakeholders to advance projects from concept through completion.

Responsibilities may include:
  • Supporting and leading development feasibility and investment analysis
  • Creating and maintaining financial models and development pro formas
  • Conducting market research, demographic analysis, and competitive assessments
  • Participating in site acquisition evaluations and due diligence efforts
  • Preparing investment committee presentations and recommendations
  • Managing project budgets, soft costs, schedules, and reporting
  • Coordinating with architects, engineers, contractors, land use attorneys, and consultants
  • Reviewing and managing consultant proposals, contracts, and deliverables
  • Partnering closely with Development, Design, Construction, Operations, Investments, and Asset Management teams
  • Monitoring project performance, identifying risks, and driving solutions
  • Developing relationships with municipalities, community stakeholders, brokers, consultants, and industry partners
  • Preparing monthly, quarterly, and ad hoc reporting for active development projects


What We're Looking For:

Development Associate Candidates
  • Bachelor's degree required
  • Strong analytical, organizational, and project management skills
  • Interest in real estate development, construction, investments, finance, design, or related fields
  • Ability to manage multiple priorities in a fast-paced environment
  • Strong Excel, financial analysis, and presentation skills


Development Manager Candidates
  • Bachelor's degree
  • 3+ years of relevant experience in real estate development, investments, construction, asset management, finance, or a related field
  • Demonstrated experience managing development projects, due diligence efforts, and financial analysis
  • Ability to independently manage multiple projects and stakeholders
  • Strong communication, negotiation, and relationship management skills


Preferred Qualifications:
  • MBA with a concentration in Real Estate, Master's in Real Estate Development, or similar advanced degree
  • Industry certifications such as LEED
  • Multifamily, mixed-use, or commercial real estate experience


How Vivmark Supports You:

We know that our teams are the beating heart of our success and we're committed to showing our appreciation.

We offer:

  • A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts.

About AvalonBay

AvalonBay Communities, Inc. is a publicly traded real estate investment trust focused on developing, redeveloping, acquiring and managing high-quality apartment communities in high barrier-to-entry markets of the United States. These markets are located in the Northeast, Mid-Atlantic, Pacific Northwest and Northern and Southern California regions of the country. AvalonBay was founded in 1978 and is headquartered in Arlington, Virginia.
Learn more about AvalonBay
Size
2,927 employees
Market Cap
$22.6 billion
Industry
Net Income
$827.6 million
Founded
1978
5 Year Trend
+2.3%
Revenue
$2.3 billion
NASDAQ

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