Development Associate Position Available In Orange, Florida

The Development Associate is a critical role at Constellation Real Estate Partners. This person is deeply involved in every step of the development process from start (deal sourcing) to finish (stabilization & value creation). This person will help define strategy through in-depth analysis of market data/research, front-line development of brokerage relationships to source opportunities, lead the underwriting/investment committee process, contribute to due diligence, entitlements, and site planning, and work on key elements of the execution, including sourcing/securing financing and leasing of projects. General responsibilities will include, but are not limited to: Regularly interface with the brokerage community across applicable markets to obtain market information and drive deal opportunities. Complete market research and form investment recommendations – through communication with brokers and third-party data providers – to analyze relevant lease comparables, sale comparables, competitive sets, development pipelines, and general market data. Underwrite development and value-add acquisition investment opportunities using Excel and Argus software, including developing pro forma cash flows, supporting schedules, and sensitivity analyses. Compile Investment Committee Memoranda for potential transactions. Content may include maps, investment merit narrative, outlining potential risks/mitigations, market color, and underwriting support. Assist throughout the due diligence process to identify/mitigate risk and optimize site plans for functionality and cost. Service-minded contribution to efforts in sourcing and securing construction financing Collaboration with construction management to ensure accurate budgeting and monthly draws. Coordinate lease-up of projects alongside Development Partner Preferred Qualifications Bachelor’s degree required Demonstrated interest in real estate development Proficiency in Microsoft Excel, PowerPoint, and Word Strong written and verbal communication skills Excellent attention to detail Demonstrated analytical skills Ability to multi-task and prioritize among numerous deals/tasks in a fast-paced environment. Travel is required for market reconnaissance, industry events, and continuing education. Self-Starter & Problem-Solver Team-oriented & Optimistic About Constellation Real Estate Partners Constellation develops and acquires logistics properties across the Southwest, Texas and Southeast, utilizing a unique combination of ‘old school’ (industry experience & relationships) and ‘new school’ (data science) investment practices. Constellation is committed to achieving superior risk-adjusted returns for its investors and positive outcomes for customers, brokers, colleagues, and the community by striving for superior market knowledge and relationships. www.constellationrep.com