What are the responsibilities and job description for the Development Associate – Multifamily / Affordable Housing position at Landmark Companies?
Company Description
Landmark Companies is a Miami-based real estate investment, development, and management firm with over 30 years of experience in South Florida. The company has successfully developed more than 5,000 multifamily units throughout the state. Committed to excellence, Landmark Companies is recognized for its innovative and high-quality developments in multifamily and affordable housing. The company offers a dynamic environment for professionals passionate about real estate and community impact.
Role Description
Support the development and financing of multi-family real estate projects in Florida that utilize federal and state tax credit programs, and local subsidy programs (e.g., LIHTC, SAIL, Grants). Assist senior development staff with financial structuring, project analysis, and coordination of pre-development activities to advance projects from concept through financial closing. This is a full-time, on-site role based in Miami, FL.
Key Responsibilities
- Assist in the underwriting and financial modeling of real estate developments utilizing Low-Income Housing Tax Credits (LIHTC) and other public incentive programs.
- Support the preparation and submission of tax credit applications to state housing finance agencies and local governments.
- Compile and organize development budgets, sources and uses statements, and project pro formas to support financing decisions.
- Coordinate due diligence items during pre-development, including market studies, environmental reports, appraisals, architectural plans, and third-party consultant deliverables.
- Track project milestones and maintain development schedules, budgets, and project documentation.
- Prepare materials for lenders, investors, and public agencies, including financing packages and reporting updates.
- Conduct market research and demographic analysis to evaluate project feasibility and support site selection.
- Coordinate with architects, engineers, attorneys, syndicators, and public agencies to ensure compliance with development requirements.
- Support financial closing and post-award processes, including document tracking, investor due diligence, and closing checklist management.
Qualifications
- Bachelor’s degree in Real Estate, Finance, Urban Planning, Economics, or related field.
- 2–5 years of experience in real estate development, affordable housing, tax credit finance, or real estate finance.
- Familiarity with LIHTC or subsidy programs preferred.
- Strong analytical and financial modeling skills (Excel proficiency required).
- Ability to manage multiple projects and deadlines in a fast-paced development environment.
- Strong written and verbal communication skills with the ability to prepare professional reports and presentations.
Skills
- Real Estate Financial Modeling
- Tax Credit Financing
- Development Budgeting & Pro Forma Analysis
- Market Research & Feasibility Analysis
- Project Coordination & Documentation Management