Real Estate Development Associate

 

The Calida Group is a multifamily real estate development, investment and construction firm committed to developing distinctive lifestyles. Calida has an extensive track record of working with some of the Nation’s largest financial institutions. Under the exclusive Elysian brand, each luxury community we create reflects our commitment to quality design, construction and management while creating value and dependable results for our investment partners. Our real estate portfolio includes luxury multifamily and senior living properties in both urban and suburban locations.

 

 

 

 

We are looking for a Development Associate to work out of our Las Vegas headquarters. This position will work closely with the VP of Development and will have regular interactions with the Senior Management Team. We are looking for an experienced developer who can manage deals from start to finish, is detailed oriented and has a strong work ethic. Our goal is to provide a professionally rewarding experience in a fast-paced entrepreneurial, team environment.

 

 

 

 

 

 

Create and review complex financial models for large scale development projects

Assist senior development team in conceptualizing, planning, design development and project management

Prepare predevelopment budgets for internal review and approval of predevelopment capital

Create offering memoranda for both debt and equity requests

Arrange and synthesize third party reports such as market studies, property tax analyses, etc.

Manage consultant team throughout the due diligence process including hiring, defining scope and reviewing related reports

Identify potentially fatal deal risks early in the evaluation process and communicate to senior management team

Manage the local jurisdictional approval processes during entitlement and permitting phases

Manage contracts, scopes, budgets and schedules necessary to develop the project

Review architectural and civil plan sets from initial conceptual design through final construction drawings

Coordinate with the construction team in the preparation of construction budgets

Prepare material to present to Directors, Managing Directors and Investment Committee Members to aid with the financing and closing

Assist in creating and ongoing review of property management budgets during and after lease-up

Work closely with accounting to review draw requests and track draws in relation to budgets and loan requests

Assist development and construction team in creating, preparing and managing other projects relating to the development, design, financing and construction of apartment and senior living facilities

 

 

 

 

Demonstrated proficiency in Microsoft Word, Excel (must be familiar with complex formulas, tables and financial metrics), Power Point and Outlook required

Minimum of undergraduate or graduate degree in real estate, finance, accounting or similar required

Minimum 4-7 years of relevant work experience 

Excellent oral, written communication skills (spelling and grammar)

Excellent interpersonal skills

Organized, able to set priorities, meet deadlines and multi-task

Uncompromising attention to detail

Able to work autonomously in addition to working well in groups

Dedicated to the field of real estate, enthusiastic approach to professional responsibilities

Comfortable presenting ideas and solutions to leadership and firm’s senior management team

 

 

 

Interested candidates please submit a cover letter, resume and sample writing to Josh Nelson.  A computer skills test will be given during the interview process.