Development Associate

Vivmark Residential; San Francisco (CA); Hybrid; USD 78,000 - 130,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

401(k) with company match

Paid vacation

Company holidays

Housing discounts

Job summary

Vivmark Residential is seeking a Development Associate to support project management and execution across active multifamily development projects. You will work with the regional Development team and cross-functional partners to support budgeting, financial analysis, consultant coordination, design reviews, construction activities, and investment reporting.

The role involves lifecycle support from site evaluation through construction and closeout.

Qualifications

• Strong analytical skills and the ability to evaluate financial, market, and project-related information.
• Demonstrated organizational and project management skills, including coordinating multiple assignments, deadlines, and stakeholders.
• Proficiency in Microsoft Office, particularly Excel and PowerPoint.

Responsibilities

• Support project management activities across active development projects, tracking milestones, budgets, and priorities.
• Prepare and maintain Development Review Updates (DRUs) and Development Cost Reports (DCRs).
• Develop and track project budgets, monitor expenses, and identify variances.
• Assist in preparing Investment Committee packages.

Skills

Analytical skills

Financial analysis

Project management

Excel

PowerPoint

Communication

Detail orientation

Education

Undergraduate degree

Tools

Microsoft Office

Job description

Overview

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.

Job Description

Development Associate

Position Type

Full time

Weekly Scheduled Hours

40

State

California

City

San Francisco

Zip Code

94105

Total Base Pay Range

$78,000.00 - $130,000.00

Overview

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.

As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.

The best people want to work here. We hope you're one of them.

The Role

Vivmark Residential is seeking a Development Associate to support project management and execution across active multifamily development projects. This role works closely with the rest of the regional Development team and cross-functional partners to support project budgeting, financial analysis, consultant coordination, design reviews, construction activities, and investment reporting.

The Development Associate will contribute to projects throughout the development lifecycle, from initial site evaluation and due diligence through construction and project closeout. The ideal candidate is analytical, highly organized, and comfortable managing multiple priorities while collaborating with internal teams and external partners.

Work Schedule

The current work schedule requires employees to be onsite Monday through Thursday, with the option to work remote on Fridays.

Responsibilities

• Support project management activities across active development projects, tracking project milestones, deliverables, budgets, and key priorities.
• Prepare and maintain Development Review Updates (DRUs) and Development Cost Reports (DCRs).
• Develop, maintain, and track project soft-cost budgets, monitoring expenses and identifying variances.
• Assist in preparing Management Investment Committee (MIC) packages.
• Coordinate consultant and vendor selection processes, including managing requests for proposals, bid evaluations, and related documentation.
• Manage consultant contracts and support bidding processes to ensure appropriate documentation and coordination throughout project execution.
• Support due diligence, market research, financial analysis, and feasibility assessments for prospective development opportunities.
• Obtain and analyze demographic, economic, and market data for existing and prospective development opportunities.
• Maintain development pipeline information and coordinate with Market Research to support market evaluations and development planning.
• Support construction coordination with the Development team, helping track project progress, schedules, budgets, and outstanding items.
• Assist with furniture, fixtures, and equipment (FF&E) selection, procurement, and budget tracking.
• Support Project Asset Teams throughout the development lifecycle, coordinating information and facilitating collaboration among project stakeholders.
• Support design and drawing reviews with architects and consultants, helping track comments, revisions, and outstanding items.
• Research entitlement pathways, zoning requirements, and applicable state housing streamlining laws for prospective development sites.
• Coordinate site tours and prepare supporting materials for executive and investor visits.
• Track deal closeouts, including abandoned pursuit write-offs, documentation, and final project file organization.
• Research competing developers and owner-operators in target markets to support competitive analysis and development strategy.
• Perform additional responsibilities as needed to support the Development team and organizational objectives.

Qualifications

• Undergraduate degree required.
• 1 to 5 years of relevant experience in real estate, construction, finance, development, design, operations, or investment is preferred.
• Strong analytical skills and the ability to evaluate financial, market, and project-related information.
• Demonstrated organizational and project management skills, including the ability to coordinate multiple assignments, deadlines, and stakeholders.
• Proficiency in Microsoft Office, particularly Excel and PowerPoint.
• Strong written and verbal communication skills, with the ability to prepare reports, presentations, and project documentation.
• Attention to detail and the ability to maintain accurate budgets, records, and project information.
• Ability to work collaboratively with internal teams, consultants, vendors, and other external partners.
• Willingness to travel occasionally to development and construction sites.

Core Competencies

• Analytical and Financial Acumen
• Project Management and Coordination
• Organization and Attention to Detail
• Communication and Collaboration

How Vivmark Supports You

We know that our teams are the beating heart of our success and we re committed to showing our appreciation.

We Offer

• A competitive benefits package that supports your health, financial well-being, and work-life balance, including medical, dental, and vision coverage, a 401(k) with company match, paid vacation and company holidays, and exclusive team member housing discounts.

Additional Info

Vivmark Residential is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of