What are the responsibilities and job description for the Multifamily Development Associate position at Macdonald & Company?
Macdonald & Company are partnered with a national multifamily developer, who boast a robust ground-up pipeline of projects across the Western U.S. to appoint a talented Development Associate to work across a variety of projects.
About the Role
The Multifamily Development Associate will support the execution of multifamily development projects from early-stage underwriting through pre-construction. This role sits at the intersection of investments and development, with a strong emphasis on financial analysis, due diligence, and investment committee materials, alongside hands-on involvement in the entitlement and pre-development process.
Key Responsibilities
- Lead and support underwriting for new development opportunities, including financial modeling, sensitivity analysis, and deal evaluation
- Prepare investment committee materials, including detailed memos and supporting analysis
- Conduct and coordinate due diligence efforts across acquisitions and pre-development phases
- Assist in managing zoning, entitlements, permitting, and utility coordination
- Track key milestones, deadlines, and deliverables across the pre-development lifecycle
- Coordinate third-party consultants and maintain project calendars
- Prepare and update internal development reporting packages
- Support and help guide junior team members, including Development Analysts
- Ensure seamless handoff of project information to construction, asset management, and operations teams