Development Associate

PRH Investments, LLC DBA The Related Group; Ocean View Heights (FL); On-site; USD 85,000 - 125,000; Full time

Benefits offered by this job

Base Salary plus Bonus

Medical, Dental, Vision

401k with Match

Commuter Benefits

Life and Disability Insurance

Vacation & Holidays

Tuition Reimbursement

Job summary

The Related Group is seeking a development professional to oversee predevelopment activities for multiple projects. You will conduct feasibility studies, manage funding applications, review reports, and coordinate with finance, construction, and marketing teams to drive successful entitlements and closings.

Candidates should have 3–5 years in real estate development or related fields, plus a bachelor’s or master’s in a relevant discipline.

Qualifications

• 3 to 5 years of real estate development, construction or architecture experience; 2 to 3 years in related fields acceptable.
• Bachelor’s and/or Master’s degree in Business Administration, Finance, Economics, Real Estate, Real Estate Development, Construction, Engineering, Architecture or related field(s)

Responsibilities

• Oversee predevelopment process including feasibility studies, funding applications, consultant proposals, and coordination with finance and construction teams to reach financial closing.
• Prepare and update financial models.
• Support property due diligence by soliciting, bidding, managing and reviewing third-party reports.
• Contribute to entitlements such as land use, zoning, plan approval, easements and permits.
• Understand financial structure of each development and optimize unit and income mix, site planning and building design.
• Track and complete milestones monthly, quarterly, and yearly using Excel, Project, Smartsheet.
• Coordinate with marketing and property management for leasing activities.

Skills

Financial modeling

Project management

Analytical skills

Communication

Detail-oriented

Cross-functional collab

Time management

Education

Bachelor’s or Master’s in Business, Finance, Real Estate, or related field

Tools

Microsoft Excel

Microsoft Project

Smartsheet

Job description

Founded in 1979, Related Group has evolved from an affordable housing developer into a global leader in sophisticated metropolitan living, renowned for its iconic designs, groundbreaking partnerships, and museum-quality art installations. Over 45 years, Related has built, rehabilitated, and managed over 110,000 units, earning its place as one of the most prolific names in real estate. Today, the company is in its most significant expansion yet, with more than 90 active developments across the U.S. and Latin America, spanning luxury condominiums, market-rate rentals, mixed-use centers, and affordable properties. Led by the Pérez family and a team of the industry's top veterans, Related continues to push the industry bar higher, delivering innovative residential communities that positively transform cities, forge new trails and improve quality of life across all demographics.

Job Description:

Essential functions include but are not limited to:

• Work closely with the development team to oversee all facets of the predevelopment process including but not limited to conducting feasibility studies, submitting funding applications, procuring and negotiating consultant proposals, and working closely with the finance and construction teams to reach financial closing.

Specific tasks will include:

• Preparing and updating financial models
• Supporting property due diligence by soliciting, bidding, managing and carefully reviewing third-party reports.
• Contributing significantly to delivering entitlements such as land use acceptance, zoning, plan approval, easements, and permits.
• Understand the financial structure of each development and work collaboratively with internal and external team members to optimize unit and income mix, site planning and building design.
• Proactively manage project progress by tracking, organizing and completing annual, quarterly, monthly, and weekly milestones using software tools such as Microsoft Excel, Microsoft Project and/or Smartsheet.
• Visit project sites monthly or as otherwise required by project needs and the schedule is maintained.
• Work closely with development team to oversee leasing activities by coordinating with marketing and property management teams.

Education and Experience Requirement(s):

• 3 to 5 years of real estate development, construction or architecture experience 2 to 3 years of experience in related fields such as acquisitions, commercial brokerage, construction management, planning or finance is acceptable.
• Bachelor’s and/or Master’s degree in Business Administration, Finance, Economics, Real Estate, Real Estate Development, Construction, Engineering, Architecture or related field(s)

Knowledge/Skills Requirement(s):

• Financial modeling and underwriting skills in Microsoft Excel
• Proficiency in project management software and Microsoft Office Suite
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal abilities
• Detail-oriented with a commitment to quality and accuracy
• Flexibility to adapt to changing project demands and deadlines
• Experience collaborating with cross-functional teams and external partners
• Demonstrated ability to thrive in a fast-paced, multi-task environment, balancing competing priorities and multiple project assignments.

Benefits as a Related Employee:

• Base Salary and Performance bonus
• Medical, dental, vision, legal services, flexible spending account.
• Employer Match
• Commuter Benefits.
• The benefits package includes 100 percent employer-paid life and disability insurance.
• Employer Matching 401k.
• Upward Mobility Employee Engagement and Wellness programs.
• Company-paid Vacation, Sick, Personal, and Holiday Time.
• Opportunities for Professional Development and Tuition Reimbursement.

The Related Group is proud to be an Equal Opportunity Employer.

We are a Drug-Free Workplace.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

Revitalizing Urban Neighborhoods

Since 1979, Related Group has enhanced skylines with iconic developments characterized by innovative design, enduring quality and inclusive living. Through groundbreaking partnerships with world-renowned architects, designers and artists, Related has redefined urban environments on a global scale, fostering distinctive, dynamic communities and symbolic landmarks that have become sources of local pride. To date, Related has built and managed more than 100,000 condominium and apartment residences that are meticulously designed with finishes and amenities that transform buildings into vibrant residential environments. Related doesn’t just create neighborhoods…it builds legacies.