Job Detail

Development Associate -Multifamily - Bonaventure Realty Group
Alexandria, Virginia
Posted: Mar 02, 2022 01:36

Job Description

Position Summary:

The Development Associate works on a team which manages a portfolio of multifamily real estate developments in the Mid-Atlantic and Southeast areas. An Associate actively manages projects within the team's development portfolio, from the conceptual stage, until the final certificate of occupancy. This role reports to the Director of Development.

Accountabilities:

  • Duties include the pursuit of new development opportunities, market research, underwriting, due diligence, managing the design process, site acquisition, and obtaining final permits and approvals.

  • Acquires and maintains a thorough knowledge of project schedules and municipal reviews, identifies ways to accelerate project starts, and executes the timelines budgeted.

  • Ensures the financial projections for our projects are realistic and accurate.

  • Lead, manage and hold accountable our design team, third-party consultants, analysts, and other team members

  • Identify and manage risks in our development portfolio while providing visibility to the team

  • Mentor analysts and Senior analysts in the team to help further develop their skills

Who You Are:

  • Passionate about real estate, have a voracious appetite for learning new things, and enjoy a goal-driven, fast paced environment.

  • Competitivework ethic with ability to adapt to change quickly andsucceed in a fast-paced, entrepreneurial environment

  • Strong working knowledge of Microsoft Excel, Word, CoStar, and other asset / market level data analytics systemand have excellent interpersonal, communication, and organizational skills

  • 3+ years experience developing multifamily. The candidate must have a strong understanding and experience in the development process.

  • BS/BA degree in Real Estate, Finance or similar, MBA a plus

Why YouShould Choose a Bonaventure Career:

Our Culture

  • You join a team intensive towards continuous improvement utilizing radical transparency and honest conversations on successes and opportunities

Our Growth

  • Bonaventure has developed, acquired or managed over $3 billion of multifamily assets over the past 20 years and we currently manage over 6,000 multifamily units

Our People

  • We are a driven team of professionals that like to win

  • We are opportunity and solution focused

EOS (Entrepreneurial Operating System)

  • Ensures alignment, transparency and clarity about our long-term vision and how we will get there

Our Benefits

  • Comprehensive Benefit Plans

  • Unlimited Paid Time Off and Seven Paid Holidays

  • 401k

Our Core Values:

  • Growth - We create enduring value by continuously moving forward, innovating, and improving.

  • Attitude - We display and motivate others with our positive attitude and driven work ethic.

  • Collaboration - We do our best work when we work together. Every individual is encouraged to contribute because our next great idea can come from anyone.

  • Impact - Our effort produces measurable, meaningful results.

  • Accountability - We take personal ownership for our actions, commitments, and performance.

  • Reputation - Nothing is more important than our reputation.

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Company Overview

Bonaventure Realty Group

Alexandria, Virginia