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Senior Development Associate

Full Time
Work Place
Real Estate Field
Postal Code
United States

This job is no longer active.


About One Real Estate Investment
Founded in 2001, OREI is a privately owned, Miami-based real estate investment and asset management company. OREI is a disciplined investor, developer, manager, and operator focused on developing and acquiring multifamily assets in the Southeast United States and Texas. OREI has over $1B in AUM with over 7,500 units and has acquired and sold over 10,000 value-add multifamily units since its inception.

  • Ability to build financial models.
  • Manage multifamily projects from inception to breaking ground.
  • Focus on garden style communities in the southeast.
  • Lead underwriting and investment committee memos.
  • Evaluate potential development opportunities with the following in mind: zoning codes and requirements, entitlement process, and market analysis.
  • Lead the LOI and PSA negotiations for new transactions.
  • Attend municipality meetings throughout the entitlement period.
  • Gather municipality fees to include in the underwriting.
  • Track all pursuit costs.
  • Source new development opportunities.
  • Maintain all pre-development activities on a schedule.
  • Coordinate all the due diligence for new opportunities including contracting the consultants.
  • Manage reports to equity partners and internal reporting.
  • Coordinate to obtain the utility will serve letters.
  • Engage the construction lender for the construction loan bringing it through closing.

  • 4+ years of multifamily experience in development.
  • Experience in capitals markets bringing construction loans to closing.
  • Proven track record of managing developments until they break ground.
  • Proven track record of sourcing new opportunities.
  • Ability for professional interactions internally and externally with the stakeholders or municipalities.
  • Excellent organization and attention to detail.
  • Ability to proactively perform the job duties with little oversight.
  • Proficiency in Excel, Word, PowerPoint, Outlook.
  • Ability to travel to source new opportunities.
Compensation and Benefits:
  • Competitive annual salary and bonus structure
  • Complete healthcare, vision and dental coverage (after probation period)
  • 15 days of PTO and paid national holidays
This job description is intended to provide a general overview of the position. It is not designed to be a comprehensive nor detailed description of all the responsibilities and accountability of the role. As an agile company, our positions can and do change based on the business need of the organization.

Job Sector



Not Specified

This job is no longer active.

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