Related Ross is actively seeking a Senior Associate to join their development team. The Senior Associate will focus on all aspects of real estate development including site acquisition, project financing, due diligence, zoning, legal document review, budgeting, design, construction, marketing, leasing/sales and overall project and development management. The position will provide more focus to mixed-use projects.
- Underwrite new development and acquisition opportunities
- Take leadership and ownership for the execution of the development, with the goal of maximizing value creation and innovation
- Conduct market research, site assessments and other due diligence related to site acquisition and development feasibility
- Author financial forecasts, project reports and investment memoranda
- Create and manage detailed financial models and budgets for all components of the project including roll up models
- Recommend major operating and financial decisions for approval, e.g., leases and/or financings
- Lead the day-to-day development activities of the projects including entitlements and approval management, programming, public relations, environmental, design and construction, and marketing, leasing and financing coordination
- Oversee day-to-day project management responsibilities: Careful attention to whether the project is proceeding on time, on budget and in accordance with plan
- Attend and participate in project meetings and executive presentations, including design and planning meetings, internal and external presentations, project coordination meetings, stakeholder meetings, construction administration meetings, and various workshops plan
- On an ongoing basis, assess project risks and recommend strategies to mitigate them
- Be proactive in advising senior management of issues/opportunities that may have meaningful economic consequence
- In collaboration with RR Construction and Design Management divisions, work closely with architects and engineers to maximize land usage, building efficiency, design integrity and meet proforma targets
- Management and motivation of employees that would report directly or dotted line to this position
Qualifications
- A minimum of a bachelor’s degree; MBA or MRED preferred
- Minimum of 10 years’ relevant experience in mixed-use, retail and/or hospitality development
- Engineering or architectural work experience or education is desirable but not required
- Prior work experience with a prominent developer is required, including at least one completed project through the full development cycle
- Proven skill in maximizing the operating and financial performance of development projects
- Strong quantitative, financial analysis and modeling, advanced MS Excel skills are required; experience with Argus is a bonus
- Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines
- Deal instinct and owner mentality
- Strategic thinker with a keen understanding of value creation
- Creative and innovative problem-solver
- Superior interpersonal skills:
- Strong personal presence
- Ease in working with people up and down the organization hierarchy.
- Naturally adaptive to different audiences.
- Diplomatically assertive.
- Strong work ethics and sense of integrity and ethics. Values entrepreneurialism. Demonstrates strong intellectual curiosity; always seeking new approaches and challenging the organization to new levels of success
Benefits:
- Personalized Health Care: Multiple medical, dental, and vision plan options; Employee Assistance Program
- Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs
- Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching
- Career Development: Learning & training programs; tuition & certification reimbursement; internal advancement opportunities
Overview
Related Ross is transforming urban life in West Palm Beach and Palm Beach County, creating opportunity for all who live and work here. For over two decades, the company has worked to develop dynamic neighborhoods that are innovative, vibrant and inclusive. With completed, in development and planned properties in West Palm Beach and new development activity emerging in Palm Beach County, Related Ross is making long-term investments to transform and support local communities and build growth in the region.
Related Ross is a West Palm Beach-based organization that recently emerged as an independent entity from within Related Companies. Formed in 1972, Related Companies is the most prominent privately-owned real estate firm in the United States with major developments within a premier portfolio valued over $70 billion across Boston, Chicago, San Francisco, LA, Washington DC and London.
Related Ross believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate a strong entrepreneurial spirit. In its relentless commitment to excellence, Related Ross works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business.
Learn more about Related Ross at https://www.relatedross.com/.
We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.
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