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.