Development Associate

Greystar (International); Greater London; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Pension

Healthcare

Holiday allowance

Job summary

Greystar is seeking a Development Associate to support capitalisation and delivery of residential and mixed-use developments in the London area. You will perform financial analyses, prepare information for underwriting and closing, and work with cross-functional teams to drive project delivery.

Ideal candidates bring experience across development stages, strong financial modelling skills, and knowledge of the London development landscape, with advanced Excel and PowerPoint proficiency.

Qualifications

• Development and project management experience delivering residential or mixed-use schemes.
• Commercial awareness and financial acumen.
• Advanced Excel and PowerPoint skills.

Responsibilities

• Assist end-to-end development process from acquisition to delivery and financial analysis.
• Monitor budgets and programmes, coordinating with construction, operations, and finance teams.
• Prepare monthly/quarterly investor reports and presentations.
• Support financial due diligence and underwriting processes.
• Coordinate external consultants to maintain schedule and budget.

Skills

Development project management

Financial analysis

Advanced Excel

PowerPoint

Tools

Excel

PowerPoint

Job description

The Development Associate supports the execution of the Company’s development platform by supporting the capitalisation and delivery of existing developments throughout the development cycle. In addition, you will perform financial analyses of development opportunities and prepare appropriate information and documents to facilitate the underwriting and closing of real estate transactions.

Key Role Responsibilities

• Assists with all aspects of the Development process, from acquisition to planning, development, construction, leasing and asset management, including financial analysis.
• Supports in monitoring, tracking and reporting on the status of the development budget and programme, working closely with the construction, operations and finance teams and participating in planning and design team meetings.
• Prepares high quality monthly and quarterly reports and presentations for investors and senior business stakeholders.
• Supports the technical due diligence underwriting (financial modeling) process.
• Manages external consultants to progress co-ordinated designs, on programme and within budget.
• Maintains ongoing communications within the development team, and others affiliated with the project to provide periodic updates on the progress against schedule (programme) and budgets, resolves issues that may compromise the project delivery schedule or costs, and responds quickly and with urgency to questions, concerns, and requests for information.
• Works closely with operations to finalise operating budgets and relevant development assumptions in financial model, amenity space plans and unit plans.
• Works closely with Operations and Estates Managers to accept units from construction (including phased handover), ensuring a smooth transition and that all aspects of the project adhere to Company development standards, templates and quality levels.
• Develops and maintains relationships with local project management firms, construction companies, local authorities as well as related bodies and other key technical stakeholders, and appropriately manages on-going communications related to the technical side of the proposed development projects.
• Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.

About You

We’re looking for a development and project management professional with experience delivering residential or mixed-use schemes from planning through to delivery. You’ll bring commercial awareness, financial acumen, and the ability to lead multidisciplinary teams, manage consultant relationships, and drive complex projects forward. A background in real estate, development, construction, or a related field is ideal, with knowledge of the London development landscape and advanced Excel and PowerPoint skills highly valued.

What We Offer

We include a range of benefits for our corporate team members, including competitive pension, healthcare, and holiday allowance, amongst others as standard.

About Greystar

Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. The company's business model is unique in its ability to own, operate, and develop multifamily, student, and senior housing across the globe. Building a global platform with a local presence, Greystar continues to expand its geographic reach around the world, bringing a globally interconnected professional rental housing platform and industry funded with institutional capital to countries where the sector does not yet exist. Greystar’s pan - European platform was established in 2013 and has scaled rapidly, now with investment, operational and development presence in the UK, Ireland, France, Denmark, the Netherlands, Germany, Austria, and Spain.

One of Greystar’s core values is Equality, and as such, we continue to pride ourselves on being an equal opportunities employer, accounting for all protected and identifiable characteristics. We truly value diversity of thought, background and of experience.