What are the responsibilities and job description for the Real Estate Development Associate position at AlphaX RE Capital?
Real Estate Development Associate
Location: Cupertino, CA (On-site)
Type: Full-time
ROLE SUMMARY
The Real Estate Development Associate supports the development team across the full project lifecycle, from acquisition due diligence through entitlements, permitting, and project management. This role combines financial underwriting, project-management support, consultant coordination, and technical research to help deliver projects on time and on budget.
KEY RESPONSIBILITIES
- Assist in sourcing and evaluating development opportunities: market research, site assessments, and initial feasibility.
- Build and maintain financial models and underwriting for acquisitions and pro formas; prepare sensitivity analyses and scenario testing.
- Manage and track due diligence items (entitlements, title, environmental, utility, geotech, surveys); coordinate consultants and vendors.
- Prepare materials for internal approval and external partners: offering memoranda, presentation decks, and loan/package summaries.
- Support entitlement and permitting processes; interface with city planners, permitting agencies, and community stakeholders as directed.
- Monitor project budgets and schedules; assist in change-order review, cost tracking, and reporting on project status.
- Assist with financing activities: collect lender/investor deliverables, prepare closing checklists, and coordinate with legal and accounting teams.
- Maintain document libraries, project trackers, and issue logs; help streamline project workflows and standard templates.
QUALIFICATIONS
- Bachelor's degree in Real Estate, Urban Planning, or Architecture.
- 1–3 years of experience in real estate development, investment, or project management. Experience in San Francisco Bay Area is highly preferred.
- Excellent written and verbal communication; comfortable communicating with internal teams, consultants and city staff.
PREFERRED SKILLS & TOOLS
- Familiarity with entitlement/permitting processes and municipal planning practice.
- Experience communicating with consultants and city staff.
- Strong project management skills and attention to detail; ability to handle multiple concurrent projects.
COMPETENCIES
- Problem-solver and self-starter.
- Collaborative team player who can also work independently on individual tasks.
- Comfort interacting with public agencies, consultants, and community stakeholders.