AvalonBay

Development Manager

AvalonBay$122K — $204K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in real estate development or related fields.
  • Strong financial modeling and analytical skills.
  • Proven ability to evaluate complex projects and provide actionable insights.
  • Excellent communication skills for relationship-building and stakeholder management.
  • Knowledge of multifamily development, entitlement processes, and market analysis is preferred.

Responsibilities

  • Manage development projects through all stages of the lifecycle.
  • Evaluate feasibility through financial analysis and market research.
  • Develop and maintain project pro formas and investment assumptions.
  • Partner with teams on environmental, engineering, and entitlement initiatives.
  • Identify risks and opportunities, providing recommendations.
  • Build strong relationships with external partners and agencies.
  • Coordinate with teams to ensure projects meet timelines and budgets.

Benefits

  • Comprehensive health, dental, and vision coverage.
  • 401(k) plan with company match.
  • Paid vacation and holidays, plus tuition reimbursement.
  • Opportunity for internal promotions and career growth.
  • Employee stock purchase plan and other financial incentives.
  • 20% discount on apartment homes.
  • Culture focused on integrity, caring, and continuous improvement.
Full Job Description
Development Manager

Position Type:
Full time
Weekly Scheduled Hours:
40
State:
California
City:
San Francisco
Zip Code:
94105
Total Base Pay Range:
$122,900.00 - $204,800.00

The Role:

We're looking for a Development Manager to join our Development team and help bring multifamily and mixed-use communities from concept to reality. In this role, you'll manage critical phases of the development process, partnering with internal and external stakeholders to evaluate opportunities, mitigate risks, and deliver high-quality residential communities.

This is an opportunity for a development professional who enjoys balancing financial analysis, project execution, relationship management, and strategic problem-solving in a fast-paced environment.

What You'll Do:
  • Manage development projects through various stages of the development lifecycle
  • Evaluate project feasibility through financial analysis, market research, and project underwriting
  • Develop and maintain project pro formas and investment assumptions
  • Partner with internal teams and external consultants on environmental, engineering, entitlement, and land-use initiatives.
  • Identify project risks and opportunities and help develop recommendations to support business objectives
  • Build and maintain strong relationships with municipal agencies, consultants, contractors, brokers, and industry partners
  • Coordinate with cross-functional teams to help ensure projects remain on schedule, within budget, and aligned with strategic goals
  • Prepare analyses, presentations, and recommendations for leadership review and decision-making


What We're Looking For:
  • Experience in real estate development, acquisitions, project management, construction, finance, or a related field
  • Strong financial modeling and analytical skills
  • Ability to evaluate complex projects and translate findings into actionable recommendations
  • Excellent communication and relationship-building capabilities.
  • Proven ability to manage multiple priorities and stakeholders simultaneously
  • Knowledge of multifamily development, entitlement processes, market analysis, and project execution is preferred


How AvalonBay Supports You:

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

We offer:

  • Comprehensive benefits - health, dental and vision, 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more. Click on Benefits (https://jobs.avalonbay.com/benefits) for information.
  • Growth based on achievement and promotion from within.
  • Associate recognition (a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization - including destination awards, 'AvalonBay's Very Best' recognition program and others!).
  • A 20% discount on our incredible apartment homes.
  • A culture built on purpose and our core values - A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

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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