Development/Acquisitions Associate -- Multi-Family Residential Real Estate
Full Circle Real Estate Partners

The Residential Development and Acquisitions Associate will report to the CEO of Full Circle Real Estate Partners and will play a key role in building a platform of company-owned multi-family residential apartment communities, including acquisition and development which will lead to management. Will be responsible for independent tasks and collaboration with other team members on all aspects related to 1) analysis of acquisition of new projects for development, 2) assisting other team members in development tasks relating to current projects, 3) working with prospective investors, financial institutions to enable and establish funding for acquisition and development projects, and 4) the analysis of the acquisition of operating buildings.Essential Duties and Responsibilities:

• Execution of the organization’s strategy for the growth, acquisition, and development of the company’s multi-family residential portfolio.
• Collaborates with other members of the leadership team, and will be instrumental in implementing the strategic direction of the wholly-owned portfolio of the residential portfolio.
• Lead the development of the residential properties and oversee all phases of the process including market analyses, financial analyses, budgeting, and design conceptualization.
• Establish and execute the development process schedule, project pro formas and budgets. Work with General Counsel and others on contracts and document reviews.
• Track progress and report to leadership on all activities in order to achieve timely and cost effective project timelines.
• Ensure that there is ample communication of information to all relevant members on the team to ensure that all are aware of pertinent business/market issues.

• Participate in the pursuit and acquisition of multi-family apartment communities as well as fee-generating development work.
• Analyze zoning, physical, market and legal constraints and opportunities relating to prospective development opportunities.
• Assist in determination of legal and financing structure.
• Prepare acquisition pro-formas and schedules.
• Assist in negotiation of partnership agreements and loan documents.
• Assist in acquisition closing and financing.
• Represent company with prospective owners, financial institutions, and others.

• Four-year degree in business, real estate, finance, or related fields strongly preferred.
• MBA or other advanced degree is a plus.
• Minimum of 3-5 years of multi-family residential development and/or acquisitions experience.

• Excellent computer software skills.
• Must be very literate in Microsoft Office Suite, and have exceptional Excel, Word, Powerpoint, and Outlook skills.

• Possesses demonstrated experience in the acquisition and/or development of complex, mid-rise, high-rise, garden style, and/or other multi-family communities, and in both affordable (LIHTC, HUD PB8, etc.) and conventional/market rate markets.
• Strategic thinker.
• Financial acumen; must be well versed in completing project pro formas, and preparing and managing budgets.
• Analytical skills; must have demonstrated strong problem solving skills and exceptional quantitative abilities.
• Strong interpersonal skills and an excellent communicator, including the ability to build collaborative teams, solicit meaningful feedback, and maintain focus.
• Critical thinking skills and attention to detail.
• Excellent organizational skills (i.e. handling multiple priorities as well as coordinating and directing the work of teams, irrespective of direct or indirect reporting relationships).
• Excellent communicator, both oral and written, skilled in creating and delivering presentations on property-related matters with the ability to write reports in a clear, concise form.

• A thorough understanding of the competitive market and high standards for customer service, the physical condition of multi-family apartment community properties, and their operating procedures.
• Experience in a fast paced, rapid growth environment is helpful.
• This is not a remote position. It will be based in the Washington, DC metro area in the company's Gaithersburg, MD HQ.

FCREP is an Equal Opportunity Employer