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AvalonBay Communities

REIT developing, acquiring, managing apartment communities

Development Manager

Real Estate DevelopmentConfirmed live in the last 24 hours
Full-timeBellevue, WA, USAIn-person

About the Job

Requirements

  • A bachelor's degree is required.
  • Approximately 3+ years of experience in real estate development, construction, finance, investments, operations, design, or a related field is required.
  • Strong financial modeling and analytical skills are required.
  • Excellent project management and organizational abilities are required.
  • Ability to influence and collaborate across multiple stakeholders and disciplines is required.
  • Strong communication skills and the ability to present recommendations to senior leaders and business partners are required.

Responsibilities

  • Manage multifamily and mixed-use development projects through planning, entitlement, design, and execution.
  • Prepare and maintain project financial models, pro formas, and investment analyses.
  • Evaluate market, environmental, engineering, and land use studies to support development decisions.
  • Identify risks, develop mitigation strategies, and oversee project-related contracts.
  • Prepare project updates and presentations for senior leadership and investment committees.
  • Collaborate with design and construction teams to ensure projects align with company standards and objectives.
  • Cultivate relationships with municipalities, consultants, brokers, landowners, and industry partners.
  • Represent the company in meetings with community stakeholders and business partners.
  • Support business development activities and identify new investment opportunities.
  • Manage consultant selection processes and negotiate service agreements.
  • Coordinate architects, engineers, land planners, environmental consultants, and other project partners.
  • Facilitate cross-functional project meetings, track milestones, and help resolve issues that impact project delivery.
  • Conduct market research, demographic analysis, and feasibility studies.
  • Participate in site evaluations, acquisition due diligence, and investment reviews.
  • Assist in identifying and pursuing strategic development opportunities in target markets.

Desired Qualifications

  • An MBA with a Real Estate concentration or a master's in Real Estate Development is preferred.
  • Real estate industry certifications such as LEED are a plus.

About the Company

AvalonBay Communities

REIT developing, acquiring, managing apartment communities

AvalonBay is a REIT focused on developing, redeveloping, acquiring, and managing multifamily apartment communities in the United States. It generates revenue mainly from rental income and uses vertical integration by acting as its own general contractor to control construction costs and quality. The company differentiates itself through tight control of the construction process and strong asset management and customer service in well-located markets with high barriers to entry. Its goal is to provide stable and growing returns to investors by building and operating a high-quality, diversified portfolio of apartment communities in economically strong markets.

Company size
1-10
Company stage
IPO
Headquarters
Arlington County, VA
Founded
1978

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