Development Associate (Real Estate)

Leeds Professional Resources; Fort Lauderdale (FL); On-site; USD 100,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A leading real estate development firm is seeking a Development Associate in Fort Lauderdale, FL. The ideal candidate will support the lifecycle of commercial and multifamily projects from acquisition through construction, focusing on underwriting, project management, and investor reporting. This role requires 1–4 years of relevant experience and strong Excel skills. Offering a salary range of $100,000.00–$120,000.00 per year alongside benefits such as medical insurance, 401(k), and more.

Qualifications

• 1–4 years of real estate development, investment, or underwriting experience.
• Working knowledge of zoning and entitlements.
• Ability to manage multiple projects in a deadline-driven environment.

Responsibilities

• Underwrite new acquisition and development opportunities.
• Coordinate due diligence and manage entitlement processes.
• Prepare investment memorandums and financial packages.
• Track project budgets and schedules.
• Assist in sourcing land purchases and contracts.

Skills

Advanced Excel modeling skills

Excellent communication skills

Organizational skills

Education

Bachelor’s degree in Real Estate or related field

Master’s degree in a related field

Tools

Argus

Job description

Leeds Professional Resources provided pay range

This range is provided by Leeds Professional Resources. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$100,000.00/yr - $120,000.00/yr

Additional compensation types

Annual Bonus

Direct message the job poster from Leeds Professional Resources

Senior Executive Recruiter at Leeds Professional Resources

Job Summary:

We are seeking a driven Development Associate to support the full lifecycle of commercial and multifamily real estate projects from acquisition through construction and stabilization. This role is perfect for someone with 1–4 years of experience who wants hands‑on exposure to underwriting, entitlements, project management, and investor reporting in a fast‑growing development firm.

Key Responsibilities:

• Underwrite new acquisition and development opportunities: pro formas, cash flow modeling, ROI/IRR analysis, and sensitivity scenarios in Excel/Argus.
• Coordinate due diligence (title, survey, environmental, zoning) and manage entitlement/permitting processes with local municipalities.
• Prepare investment memorandums, presentations, and financial packages for lenders, equity partners, and internal approvals.
• Track project budgets, schedules, and draw requests; update monthly reports for ownership and investors.
• Assist in sourcing and negotiating land purchases, joint‑venture agreements, and construction contracts.
• Support construction oversight: review pay applications, change orders, and coordinate with GCs, architects, and engineers.
• Manage closing checklists and transition projects to property management at stabilization.

Qualifications:

• Bachelor’s degree in Real Estate, Finance, Business, Urban Planning, or related field (Master’s a plus).
• 1–4 years of real estate development, investment, or underwriting experience (commercial or multifamily focus preferred).
• Advanced Excel modeling skills (pro formas, waterfall returns, Argus experience a strong plus).
• Working knowledge of zoning, entitlements, and construction draw processes.
• Excellent communication and presentation skills for internal teams and external partners.
• Highly organized, proactive, and able to juggle multiple projects in a deadline‑driven environment.

Seniority level

Associate

Employment type

Full-time

Job function

Administrative and Project Management

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)