What are the responsibilities and job description for the Development Associate position at We Search People?
Real Estate Development Associate
Location: Austin, TX
Compensation: $90,000 – $120,000 base salary (commensurate with experience)
Focus: Multifamily & Mixed-Use Development
Employment Type: Full-Time
About the Role
Our client is seeking a motivated and detail-oriented Real Estate Development Associate to join our growing team in Central Austin. This role will support all aspects of the development process for multifamily and mixed-use projects—from site evaluation and acquisition through design, financing, construction, and lease-up.
Key Responsibilities
Project Evaluation & Acquisition
- Assist in sourcing, underwriting, and evaluating potential development opportunities.
- Conduct detailed financial modeling, market research, and feasibility analyses.
- Support due diligence efforts, including coordination with consultants, review of third-party reports, and analysis of zoning/entitlement constraints.
Design & Entitlement
- Collaborate with architects, engineers, and city officials during design, planning, and entitlement processes.
- Manage schedules, track deliverables, and prepare materials for internal and external presentations.
Financing & Investment Management
- Support the preparation of investment memoranda, lender packages, and capital requests.
- Assist with maintaining project budgets, pro formas, and reporting for equity partners and lenders.
Construction Oversight
- Work closely with construction and project management teams to track progress, change orders, and cost updates.
- Attend site visits and help ensure projects remain on schedule and within budget.
Lease-Up & Operations
- Coordinate with property management and marketing teams leading up to and during initial lease-up.
- Monitor project performance and support asset stabilization.
Qualifications
- Bachelor’s degree in Real Estate, Finance, Business, Urban Planning, Architecture, or related field.
- 3 years of experience in real estate development, acquisitions, or related disciplines (multifamily experience preferred).
- Strong financial modeling skills.
- Excellent written and verbal communication skills.
Salary : $90,000 - $120,000