Austin, Texas, USA
11 days ago
Associate, Development
Responsibilities Related Companies is seeking an associate to join our Real Estate Development team in Ausitin, TX. The Development Associate will have the opportunity to learn all aspects of real estate acquisitions and development including financial analysis and modeling, site acquisition, due diligence, zoning, legal document review, budgeting, construction and design. The Associate will prepare detailed financial analyses and models including those for transaction underwriting and return on investment analysis, and will provide key takeaways to business units, corporate finance, and senior management. The Associate will also provide timely explanations of variances between actual results and forecasts/budgets. Assist the project manager in a broad range of development activities including site acquisition, financing, governmental approvals, design and construction monitoring, project branding, sales and marketing strategy and implementation. Conduct market assessments, site assessments, zoning assessments, and other due diligence related to site acquisition and development feasibility. Underwrite new development deals. Prepare business plans, including annual operating plans, financial forecasts, strategic plans, and product introduction financial plans. Author internal and external correspondence for transaction and property descriptions, offering memoranda for asset sales and capital raisings, and responses to RFP’s. Manage detailed municipal filings for various development related programs, such as real estate tax abatements and municipal financing applications. Qualifications Experience in real estate financial modeling from areas such as real estate corporate finance, investment banking, private equity or real estate investment sales, or debt platforms. Strong quantitative, financial analysis and modeling, MS Excel skills are required. Exceptional time management and prioritization skills are also required to succeed in a fast-paced environment, managing multiple projects with significant responsibilities and competing priorities. Attention to detail, along with a strong desire to grow and succeed are critical. Excellent communication, written and interpersonal skills at all levels are critical to success at Related. Must be able to work well in groups but also independently to manage and own tasks. Candidates that have a passion for real estate, a strong entrepreneurial mind, and strong work ethic will have the potential to become part of a growing company on the cutting edge of real estate development and an industry leader. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards. For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy. #TRC #LI-JF1 #LI-Onsite Overview Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side. Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
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