Development Associate

Fore Property Company is a full service, national real estate company that develops, builds and manages residential multifamily housing. We are currently seeking a Development Associate for our Los Gatos/South Bay office.

The Development Associate will be responsible for supporting the development team with managing multiple phases of the real estate development process (e.g., site selection, due diligence, financial analysis, budgeting, contract negotiation, site acquisition, investment package creation, permit processing, and general contractor management).

Additional responsibilities include:

• Perform market research, demographic studies, apartment database reviews, and competitive analysis.
• Develop a matrix of key competitors including property locations, specific amenities, and pricing in strategic markets and submarkets.
• Creation of financial models and due diligence efforts for JV partners and lenders
• Assist the Development Team in preparing and presenting investment packages.
• Participate in consultant meetings through pre-development and development stages.
• Participate in meetings with municipalities, neighborhood groups, design teams, and public hearings throughout the entitlement process.
• Assist in managing projects under construction to ensure adherence to development policies and procedures.

Requirements:

• 5+ years’ experience in multifamily development and construction strongly preferred
• Prior Real Estate experience required.
• Work experience and knowledge of California markets strongly preferred
• Bachelor’s degree in Business Administration, Finance, Real Estate, Architecture, Civil Engineering, or Building Construction Management preferred
• Graduate degree in Business Administration, Finance or Real Estate strongly preferred
• Knowledge of construction processes
• Ability and willingness to travel to various locations in California as required

Fore Property Company is an Equal Opportunity Employer and offers an extremely competitive salary package which includes excellent base salary, 401(k) with company match, Medical/Dental/Vision, 2 weeks’ vacation, sick days, 10 paid holidays per year.

FPC is a drug free work place. All candidates must undergo a drug test and background check including DMV and criminal records