Real Estate Development Associate
Trammell Crow Residential
Professional Area:
Housing
Real Estate Development
Experience:
1-3 years
Location:
Mill Valley, CA
Development Associate
Trammell Crow Residential (“TCR”) was founded in 1977 to develop, construct and acquire multi-family rental and condominium communities. Since inception, TCR has developed over 230,000 multi-family units in most major markets across the country. Currently, the company owns nearly 14,000 apartment units nationwide with an additional 9,000 new units planned for construction this year.
TCR focuses on multi-family residential development, with particular emphasis on well-sited, urban in-fill and mixed-use properties located in high-growth, technology-driven markets. While discovering overlooked opportunities and resolving challenging development issues, TCR delivers luxury in-fill housing that benefits the surrounding community, rewards its investors, and surpasses the expectations of property residents.
Position Summary
The Development Associate will play a central role within the development team, working closely with the Principals of the firm. The role involves:
• Leading project management initiatives for residential and mixed-use projects in San Francisco and the Bay Area including investment analysis, design, construction, budgeting, market analysis, pricing, sales & marketing, legal and asset management
• Working throughout the entire development life cycle from acquisitions and due diligence, through entitlements, permitting, construction and sales & marketing
• Supporting the Principals to identify and assess new deals and development opportunities
• Playing a key role in managing the design team and coordinating with the City to work through the entitlement process
• Acting as liaison with equity partners and lenders to determine capital requirements, conduct investment analysis and coordinate project funding, budgeting and reporting
Qualifications
• 2-3 years in an analyst role at a top tier consulting firm or investment bank
• Excellent organization, time management and planning skills – the ability to juggle multiple projects and keep things moving along is a must
• Ability to work independently and as part of a team
• Highly self-motivated with strong problem solving and analytical ability
• Accurate and detail-oriented
• Ability to create and manage financial models
• Strong written and oral communication skills
• Passion for real estate and an interest in building a career in the industry
• Excellent organization, time management and planning skills – the ability to juggle multiple projects and keep things moving along is a must
• Ability to work independently and as part of a team
• Highly self-motivated with strong problem solving and analytical ability
• Accurate and detail-oriented
• Ability to create and manage financial models
• Strong written and oral communication skills
• Passion for real estate and an interest in building a career in the industry
To apply, please send an email to Stephanie Hill, Project Manager at (shill@tcr.com)