Be #gablesproud of where you work and become part of our team by applying for your new career with Gables TODAY!
OVERVIEW OF POSITION: With an eye for detail and a talent for spotting potential, as a Development Associate with Gables Residential you will scout acquisition and development opportunities and transform them into successful multifamily (and mixed-use) projects. Whether raw land or existing apartment product, you will work with our development team to evaluate multi-family development opportunities from analysis of each deal through stabilization. Your skills and knowledge of the multifamily industry will be used as you conduct feasibility analyses and complete financial pro-formas. With fine-tuned communication skills, you will act as a liaison to third parties indulging inspection consultants, legal counsel and various government representatives. As a valued member of the Development team, you will assist in coordinating the design of our products, including architecture and land planning, and as a trusted peer you will work with our Marketing team to create an effective marketing program. When you become a Development Associates with Gables, you will develop our product while developing your future.
Assist the Regional VP in identifying new acquisition opportunities, including raw and improved land for new development, as well as identifying and underwriting acquisition opportunities of existing apartment product.
Conduct feasibility analyses of deals, including detailed analysis of the market, comps, financial feasibility, land use issues and design. Collect and integrate detailed data to complete financial pro-formas.
Solicit proposals and negotiate contracts with third parties involved in (a) due diligence activities on land or existing property purchases and (b) design, engineering and inspection consultants and other outside parties.
Assist the Development and Design teams in coordinating design, including architecture and related disciplines, land planning, landscape architecture and civil engineering.
Assist the Development team in coordinating all approvals and permitting for projects, working with the Civil Engineer and Legal Counsel.
Work with Residential Services to develop a marketing program and oversee implementation through stabilization.
Assist the Development team with financial and accounting functions for the project, including oversight of all project budgets, reviewing and approving all invoices for projects and coordinating with corporate-level finance and accounting areas on the generation of periodic financial statements and reports.
Stay abreast of market trends with regard to product design, product features, demographics and competitors activities, including maintaining a database of information relating to submarket development/construction pipeline data.
Must have three to five years of multifamily development experience.
Proficiency in Microsoft Office, specifically Excel.
Excellent interpersonal and communication skills, both verbal and written.
Bachelor s degree required.
Masters in Business Administration is preferred (or pursuing a M.B.A.) with a concentration in real estate or an Architectural Degree.
An Equal Opportunity Employer - M/F/D/V.
If you're passionate about exceeding goals and providing exceptional customer service experiences, come join Gables in our mission of Taking Care!
Not ready to apply? Sign up for our job alerts to learn about future openings of interest by clicking the my account icon at the top of the page and selecting the job alerts option from the drop down.
Internal Number: R72-1
About Gables Residential
Gables Residential is an award winning, vertically integrated real estate company specializing in the development, construction, ownership, acquisition, financing and management of multifamily and mixed-use communities.
Gables manages approximately 38,000 apartment homes and 400,000 square feet of retail space and has received national recognition for excellence in development, management, sales, marketing, training, benefits and corporate accommodations. These achievements reflect the impact of our experienced and dedicated team members, our superior knowledge of the markets served, and expertise in development and management.