Real Estate Development Associate

Equity Residential; Irvine (CA); On-site; USD 72,000 - 188,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) with company match

Paid vacation and holidays

Housing discounts

Job summary

AvalonBay, in Irvine, seeks a Development Associate/Development Manager to support multifamily and mixed-use development opportunities. The role covers financial analysis, evolving project execution, and coordination with multiple teams. The final level depends on experience and fit.

The position offers competitive compensation and a path to lead development initiatives within a growing portfolio.

Qualifications

• Bachelor's degree required.
• Strong analytical, organizational, and project management skills.
• Interest in real estate development, construction, investments, finance, design, or related fields.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong Excel, financial analysis, and presentation skills.

Responsibilities

• Supporting and leading development feasibility and investment analysis.
• Creating and maintaining financial models and development pro formas.
• Conducting market research, demographic analysis, and competitive assessments.
• Participating in site acquisition evaluations and due diligence efforts.
• Preparing investment committee presentations and recommendations.
• Managing project budgets, soft costs, schedules, and reporting.
• Coordinating with architects, engineers, contractors, land use attorneys, and consultants.
• Reviewing and managing consultant proposals, contracts, and deliverables.
• Partnering closely with Development, Design, Construction, Operations, Investments, and Asset Management teams.
• Monitoring project performance, identifying risks, and driving solutions.
• Developing relationships with municipalities, community stakeholders, brokers, consultants, and industry partners.
• Preparing monthly, quarterly, and ad hoc reporting for active development projects.

Skills

Strong analytical

MS Excel

Project management

Communication

Relationship management

Education

Bachelor's degree

Job description

AvalonBay, in Irvine, seeks a Development Associate/Development Manager to support multifamily and mixed-use development opportunities. The role covers financial analysis, evolving project execution, and coordination with multiple teams. The final level depends on experience and fit.

The position offers competitive compensation and a path to lead development initiatives within a growing portfolio.