Development Associate

Description:

Position summary: Participate in and perform all phases of medical office building development and acquisition tasks.

Essential Duties and Responsibilities:

Development Support Create timely delivery of project specific cash flow analysis for new developments and acquisitions using Argus and Excel. Pre-Leasing activities such as feasibility study interviews and preparation of feasibility study reports for M&O clients; competitive market analysis; preparing marketing materials; and leasing space to physicians. Gather and support pre-development site activities, including site information (i.e. demographics, topo.); analysis such as zoning and subdivision issues; soil and water studies, phase I evaluations; impact fees; utility support; parking requirements; traffic/DOT studies; etc. Research governmental requirements such as CON issues or local governance. Research building operational costs expected to be incurred; (real estate tax millage rates, utility costs, insurance costs, consult with property management department for building manager costs, and other costs, etc.) Prepare development costs and operate pro-forma projections for 10 years. Interface with hospital administration, hospital board members and physicians. Support delivery of projects within budget and on time.

Requirements:

Knowledge, Skills, and Abilities:

Proficient in Microsoft Office suite (Excel, Word, Powerpoint, etc.) Ability to read and interpret real estate documents. Ability to multi-task and consistently meet deadlines. Ability to work independently and in a team environment. Detail-oriented; possess a high level of accuracy. Excellent interpersonal, communication, and organizational skills. Strong verbal, written, analytical, and problem-solving skills

Minimum Qualifications:

Bachelors' degree from a four-year college or university; or five years related experience Must have reliable transportation and hold a valid driver's license. Successfully pass a criminal and credit background check.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands and fingers to handle or feel; reach with hands and arms; and talk and hear. The employee frequently is required to sit. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.

Working Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.