Trammell Crow Residential

Development Associate

Position Summary

TCR is looking for a highly motivated self-starter to process existing development pursuits and assist with underwriting new target opportunities. The position will report to the Managing Director of the Carolinas Division and is focused on the ground-up development of market-rate multifamily and single family rental projects in the Carolinas. The successful applicant will be responsible for assisting with numerous roles from underwriting potential new developments to processing existing opportunities. The ideal applicant will have 3-5 years experience processing development opportunities; experience with the zoning and permitting processes, working with architects and general contractors is desired.

Primary Responsibilites

  • Participate in development meetings; report on specifications, contract negotiations, and coordination of construction
  • Coordinate with architect, engineer, landscape architects, interior designers, property owners, project managers, and other team members
  • Oversee the construction draw process and develop monthly project reports
  • Ensure strict plan compliance and communicate critical issues to the Managing Director
  • Contribute design information for developing property, ensuring that building design codes are compliant with local, state and federal laws
  • Conduct framing and general construction site visits
  • Attend OAC meetings and prepare required reports for ownership.
  • Conduct market analysis, financial feasibility research and preliminary due diligence
  • Create pro forma for new developments including market information, operating expense data, and estimated hard and soft costs

Desired Skills & Experience

  • 3-5 years development experience with experience in market-rate multifamily rental product
  • Bachelor’s Degree required, Master’s Degree or Real Estate Certificate or Coursework desirable
  • Experience with coordinating consultants during design/development process required
  • Strong interpersonal skills & presentation skills required
  • Experience with permitting/zoning/entitlement process
  • Proficient in MS Office (Excel, Word, PowerPoint, Project)
  • Experience tracking budget versus proforma, change orders, construction reports, etc.
  • Site selection and submarket understanding; underwriting and market analysis experience

Click here to apply.

This overview is designed to introduce Crow Holdings and its various operating companies. Crow Holdings Capital is a U.S. SEC registered investment adviser and is the manager to the Crow Holdings Capital Funds. Crow Holdings Partners, L.L.C. is a U.S. SEC registered investment adviser and is the manager of the Crow Holdings Industrial Build-to-Hold Fund. Crow Holdings Capital, Crow Holdings Partners, Trammell Crow Residential, Crow Holdings Industrial and Crow Holdings Office are operated separately and independently from one another with separate senior leadership and investment committees. SEC registration does not imply a certain level of skill or training.