Real Estate Development Associate

Job Description

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion¹ of assets across such property types as living, office, retail, mixed-use, logistics and life science projects – all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

Hines is proud to be named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2024. ¹Includes both the global Hines organization and RIA AUM as of December 31, 2023.

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Responsibilities

As an Associate with Hines, you will be a key supporting member of the San Francisco development team, assisting senior management with all aspects of real estate development projects, including feasibility analysis, entitlements, design coordination, financing, construction, project budgeting, stakeholder coordination, and execution.
The Associate may also support acquisitions, new business pursuits, and management of existing assets as needed, but the role is primarily focused on development.
Responsibilities include, but are not limited to
Provides administrative and financial support to ensure project completion and bring new market opportunities for consideration.
Supports management of development projects, including feasibility analysis, entitlements, design, financing, contracting, construction, budgeting, schedule management, and project delivery.
Prepares and maintains development pro formas, project budgets, schedules, cash flow analyses, valuation materials, and other financial analyses using Excel and other relevant tools.
Coordinates with internal Hines team members and external stakeholders, including professional consultants, lenders, investors, brokers, attorneys, contractors, architects, and public agencies.
Monitors project budgets and schedules, identifies significant variances, and supports payment review, reporting, and other project controls.
Supports entitlement, design, site planning, consultant coordination, due diligence, and site selection activities for new and ongoing development projects.

Qualifications

Communicate clearly and professionally in written and verbal formats, including exchanging ideas, information, and opinions with team members and external stakeholders to support decisions and solutions.

Possess excellent interpersonal skills and the ability to work with a variety of stakeholders, including internal Hines team members, consultants, lenders, investors, brokers, and other business partners.

Bachelor's degree required; MBA or similar graduate education preferred.
Three or more years of real estate development experience at institutional-quality scale preferred.
Alternatively, prior real estate experience combined with an MBA or similar graduate-level education will be considered.
Demonstrated interest in real estate development required.
Ability to analyze real estate development projects, market conditions, industry trends, and project-specific data from a strategic point of view.
Fluency with real estate and investment concepts and financial analyses.
Successfully manage a variety of tasks and competing priorities within tight time schedules.
Demonstrate strong initiative, sound judgment, and ability to work independently with minimal oversight while seeking and giving feedback.
Demonstrate a strong work ethic, a desire to learn, and a willingness to give and receive feedback.

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