Position: Development Associate

Location: Based in Los Angeles, CA/Hybrid

Who We Are:

We are a growing boutique real estate investment and development firm based in Los Angeles with a mixed asset portfolio which includes but is not limited to; multifamily, extended stay corporate housing, hospitality and retail located throughout California and key cities nationwide. We are adding to our team due to growth!  Please visit CGIPlus.com to learn more about our company, values, and culture. In this newly created role, the Development Associate will assist the development team with the day-to-day management duties through acquisition to construction. The primary role is to work on tasks related to development of multi-family housing and other company mission-driven real estate development initiatives.

Essential Functions:

  • Working with the acquisition team to provide due diligence information and feasibility analysis of potential acquisitions
  • Assist the development project managers to ensure the projects follow the expected timelines, budgets, and business plans. 
  • Assist in Developing and maintaining project timelines, ensuring milestones are met on time and within budget
  • Prepare and track development budgets related to assigned projects
  • Assist in Managing project documents including discretionary and non-discretionary approvals, agency releases/declarations/determinations, easements, covenants, tract maps, construction documents, A/E design and engineering plans and specifications, contract/change orders, closeout documentation
  • Set up and maintenance of project and/or management files according to established criteria related to; contracts, documents, correspondence, agreements, reports, etc.
  • Coordinate the processing of new contracts including but not limited to, forwarding appropriate templates, monitor the contract process to completion, review final document for full execution and verify coding
  • Assist in Managing and overseeing consultants, contractors, lenders, and JV partners
  • Tracking and reporting project status to investors, lenders, and joint ventures
  • Assist with monthly construction progress reporting including but not limited to schedules, applications for payment, etc.

 

What You’ll Need To Succeed:

  • Bachelor’s degree required preferably in business administration, finance, or real estate. Graduate degree within related field preferred but not required.
  • 1-3 years of experience in real estate development or construction.
  • Excellent analytical, project management, negotiation, and interpersonal skills.

What We Offer In Return:

  • Professional development and growth opportunities.
  • Generous time off policies; holidays, vacation, one additional week off during holiday season and sick leave.
  • In addition to traditional benefits (Medical, Dental, Vision) we offer retirement savings plan, Group Life and AD&D.
  • Hybrid work environment (2x in office and 3x a week remote).
  • Great office perks; fully stocked kitchen and weekly catered lunches.

 

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