Development Associate

Holland Residential LLC; Long Beach (CA); Hybrid; USD 125,000 - 145,000; Full time

Benefits offered by this job

Health benefits

401(k) match

PTO & holidays

Tuition Reimbursement

EAP

Job summary

Holland Partner Group is seeking a Development Associate to support the project development process and all facets of project finance. The role requires diligence, market analysis, and coordination with constructors and lenders.

The ideal candidate has a background in real estate/finance, strong analytical skills, and the ability to manage multiple priorities in a fast-paced environment. Strong communication and team leadership are essential.

Qualifications

• Bachelor’s degree in Real Estate, Business, Finance or related field.
• Master’s degree preferred in Real Estate, Business, Finance or related field.

Responsibilities

• Assist in evaluating property development potential and risk during due diligence and conceptual design.
• Coordinate with construction to assess financial feasibility and draft budgets.
• Assemble and review third-party reports to meet financial partner requirements.
• Help prepare financing packages and project proformas.

Skills

Financial analysis

Entrepreneurial mindset

Reading and interpreting contracts

Critical thinking

Communication & leadership

Team collaboration

Multitasking

Attention to detail

Education

Bachelor’s Degree in Real Estate, Business, Finance

Master’s Degree in Real Estate, Business, Finance (preferred)

Tools

Microsoft 365

Adobe or Bluebeam

Job description

Los Angeles, San Diego Regional Office
Long Beach, CA 90815, USA

Description

JOB SUMMARY

Salary range: $125,000 - $145,000 annually, plus potential bonus.

The Development Associate is responsible for supporting various aspects of project development process and all facets of project finance in accordance with Holland Partner Group’s core values

ESSENTIAL JOB FUNCTIONS

• Assist in evaluation the property and its development potential and identify areas of risk in the due diligence and conceptual design phase.
• Assist with market evaluation and analysis of demographics, market demand, and competition.
• Coordinate with the construction team to perform due diligence, assist in the assessing the financial feasibility of projects and prepare draft budgets.
• Manage when needed the ordering and reviewing of third-party reports to ensure they comply with financial partner requirements.
• Assist in the assembly of financing packages for development deals.
• Prepare project proforma and detailed budgets.
• Prepare RFPs for the consultants (architects, engineers, etc.) and help assemble and manage the A & E team
• Ensure that documents are complete, accurate and on time in support of compliance with legal requirements and company policies.
• Prepare consultant agreements as required for signature.
• Assist with the project positioning, branding, and product development including floor plans, specifications, and amenities.
• Manage aspects of the land use entitlement process with applicable government authorities.
• Coordinate project schedules, specifications, and reporting requirements for lenders and partners.
• Ensure that project is on time, on or under budget, and built to highest standard of quality
• Coordinate and review monthly draw packages with project management and accounting.
• Coordinate with project manager and architect during the document completion and VE process.
• Prepare reports, schedules, presentations, and budget updates as required.
• Support the Retail Development team with the leasing of retail or commercial space included within a project.
• Represent Holland Partner Group in a professional manner at all times.
• Conform to company apparel standards and set a positive example for all Associates.
• Perform all other duties as directed and assist the overall team effort in any way possible.

JOB REQUIREMENTS

Education: Bachelor’s Degree in Real Estate, Business, Finance or related field required. Master’s Degree in Real Estate, Business, Finance or related field preferred.

Experience: Minimum three years’ experience in real estate, finance, development or related field. Successful completion of a Master of Real Estate Development program or comparable curriculum in an undergraduate program may be considered in lieu of experience.

Knowledge, Skills and Abilities Required:

• Remarkable proficiency in financial analysis.
• Entrepreneurial aptitude combined with a strong work ethic and the desire to learn.
• Ability to read and understand complex legal contracts and financial documents.
• Ability to think critically and creatively, and execute sound judgment.
• Excellent communication and team leadership skills.
• Skill in both verbal and written communication.
• Ability to work effectively with all levels of employees while inspiring respect and credibility
• Ability to perform multiple tasks in a complex operating environment
• Detail-oriented with the ability to follow directions accurately.
• Proficient knowledge of Microsoft 365 and Adobe or Bluebeam.

Attendance: This full-time position is exempt and requires the ability to be present and available during business hours to meet company and department needs. Additional hours or flexible schedule may be required.

This position also requires:

• Flexibility in days and hours worked.
• Travel and overnight stays
• Ability to lift or move up to 20 pounds.
• Hearing and visual ability to observe and detect signs of emergency situations.
• Fluency in English both verbally and non-verbally.

Benefits: Holland is proud to offer a competitive and comprehensive benefits package, with enrollment eligibility beginning first day of the month following date of hire, that includes health care benefits (Medical, Dental, Vision, HSA, FSA), income replacement (Long-term Disability) and retirement savings through our 401(k), including employer match. Supplemental benefits are also available (Accident, Hospital Indemnity, Critical Illness, Short-term Disability, Commuter FSA) and we are proud to offer our Employee Assistance Program (EAP) and Tuition Reimbursement. We offer Paid Time Off (PTO) and state mandated Paid Sick Leave, paid holidays, the opportunity for our employees to get involved in their communities using Volunteer Time Off (VTO), and a generous Sabbatical after every 5 years of service. There are also opportunities to share in the success of the company through our profit share programs.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.