Development Associate

SROA Capital; West Palm Beach (FL); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive pay with bonus potential

100% paid medical coverage (employee)

Dental and vision plans

401(k) with employer match

Paid PTO and parental leave

Mentorship and development

Life Insurance

Storage discounts

Voluntary benefits

Job summary

SROA Capital, headquartered in West Palm Beach, FL, seeks a Development Associate to support conceptual planning, design, and due diligence for self-storage development and redevelopment projects. You will work with the VP of Development to review proposals, manage consultants, and help shape project feasibility.

The role emphasizes market research, financial analyses, and entitlements oversight in a fast-paced real estate environment.

Qualifications

• Bachelor's degree in real estate development or related field.
• Experience in real estate, construction, or related areas is preferred.
• Strong written/verbal communication and Excel-based financial modeling required.

Responsibilities

• Support due diligence by reviewing zoning and land development codes.
• Conduct market research to inform decisions and feasibility.
• Perform financial analyses to assess project viability and returns.
• Coordinate with VP of Development to compare consultant proposals.
• Oversee planning, entitlements, permitting, and rezoning processes.
• Manage external consultants (surveyors, engineers) and meetings with brokers/municipalities.
• Assist budgeting and invoicing; contribute to value engineering and plan reviews.
• Source new development opportunities and support deal execution.

Skills

Financial modeling

MS Excel

Public speaking

Organization

Multi-tasking

Education

Bachelor's degree in real estate development

Tools

MS Excel

Financial modeling software

Job description

Become the newest member of our exciting team at SROA Capital as we redefine self-storage!

At SROA, we offer a career and opportunity to grow. We strongly believe in growing our talent and promoting within. We are proud to be honored as one of the TOP WORKPLACES of South Florida by the Sun Sentinel three years in a row.

SROA Capital is a vertically integrated private equity real estate investment firm that has evolved into a global asset manager with a successful track record of providing risk adjusted returns to its partners through its focused strategy of investing in self-storage. SROA is headquartered in West Palm Beach, FL and has invested, redeveloped, and developed self storage across the risk spectrum in major and secondary markets across the United States under the brand Storage Rentals of America and the UK under the brand Kangaroo Self Storage with approximately 900 employees globally.

The Development Associate will support conceptual planning, design, and due diligence processes for commercial and storage development and redevelopment projects undertaken by SROA.

Responsibilities:

• Support property due diligence by reviewing zoning and land development codes.
• Conduct market research to inform decision-making processes.
• Perform financial analysis studies to assess project feasibility.
• Collaborate with the VP of Development to review consultant proposals, providing high-level comparison summaries.
• Oversee planning, entitlements, permitting, and rezoning processes.
• Manage external consultants, including surveyors and engineers.
• Attend meetings with brokers, sellers, and municipalities to facilitate project coordination.
• Assist in budgeting and invoicing activities.
• Contribute to value engineering and plan reviews.
• Source new development opportunities.

Requirements:

• Bachelor's degree with a demonstrated interest in real estate development
• Previous experience in real estate, construction, or related fields
• Familiarity with real estate contracts
• Strong proficiency in MS Excel and financial modeling
• Excellent communication skills (verbal and written) with strong public speaking abilities
• Highly organized and efficient in a multi-tasking environment
• Self-disciplined and hardworking in a fast-paced setting

SROA Offers:

• Competitive pay with bonus potential
• UKG Wallet – on-demand pay option
• 100% paid medical coverage options for employee-only
• Dental and vision plans for optimal care
• Generous Paid Time Off (PTO), increasing with years of service
• Paid Maternity and Parental Leave for growing families
• 401(k) with substantial employer match and 100% immediate vesting
• Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), and Dependent Care Flexible Spending Accounts (DCFSA) for tax-advantaged savings
• GAP Insurance for added financial protection
• Employer-paid Life Insurance and Short-Term Disability coverage
• Long-Term Disability (LTD) coverage for added peace of mind
• Pet insurance – because your pets are family too
• Storage Discounts to help you declutter and organize
• Access to Voluntary Benefits for personalized coverage
• Learning and development opportunities to maximize your potential and excel in your career
• A great culture that values collaboration, innovation, and inclusivity

SROA is an Equal Opportunity employer and uses the federal government E-Verify system to verify employment eligibility.