Real Estate Development Associate: Build Communities

TRL Systems, Inc.; Arlington (VA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive compensation

Medical, dental and vision

Disability and life insurance

401k with company match

Paid time off

Job summary

Mill Creek seeks a Development Associate to support the Managing Director and the development team across pursuit, market research, site acquisition, due diligence, design, financing, and entitlements.

You will assist with each phase of construction, coordinate with consultants and internal teams, and help ensure compliance and timely project milestones. Strong communication, leadership and analytic skills are essential.

Qualifications

• Bachelor’s degree required; degree in business, finance or real estate preferred.
• 3–5 years’ experience in real estate, development or finance.
• Direct multifamily development experience is a plus and DC Metro market knowledge.

Responsibilities

• Assist in pursuit of new development including market analysis and due diligence.
• Create and maintain pro formas for pursuits, pipeline and active development.
• Coordinate development activities with architects, engineers and internal teams.
• Coordinate financing activities and prepare Offering Memoranda.
• Draft deal memos for Investment Committee at milestones.
• Manage construction draw process, monthly reports and construction phases.
• Oversee third party inspections and bond releases toward project completion.
• Lead development meetings and design consultant coordination.
• Conduct site visits for recurring meetings and construction walks.
• Ensure compliance with plans and communicate issues to leadership.
• Participate in company training on fair housing, safety and non-discrimination.

Skills

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Leadership

Public speaking

Time management

Communication

Education

Bachelor's degree in Business/Finance/Real Estate or related field

Job description

Mill Creek seeks a Development Associate to support the Managing Director and the development team across pursuit, market research, site acquisition, due diligence, design, financing, and entitlements.

You will assist with each phase of construction, coordinate with consultants and internal teams, and help ensure compliance and timely project milestones. Strong communication, leadership and analytic skills are essential.