| Location | Irvine, CA |
| Salary | $71,800–$119,600 Per Year |
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Development Associate
Irvine, California
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Development Associate
Position Type:
Full time
Weekly Scheduled Hours:
40
State:
California
City:
Irvine
Zip Code:
92614
Overview:
Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential, Vivmark brings together two industry leaders with a shared commitment to excellence, innovation, and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And we're looking for people who want to help us do it.
As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. At Vivmark, team members move up and across functions, markets, and disciplines, building lasting careers. We invest in team members' growth, development, and capabilities that make them and us better, and we hold ourselves to the highest standard as an employer.
The best people want to work here. We hope you're one of them.
The Role:
This role has two salary ranges, depending on the level at which the candidate is hired:
Development Team Member: $71,800.00 - $119,600.00
Development Manager: $113,000.00 - $188,400.00
The final level will be determined based on each candidate's professional experience, qualifications, and overall fit for the role.
Development Team Member / Development Manager
At Vivmark Residential, our Development team is responsible for identifying, evaluating, and executing multifamily and mixed-use development opportunities that create long-term value for our residents, investors, and communities.
We are seeking a Development Team Member or Development Manager to support and lead various aspects of the real estate development process, from site evaluation and financial analysis through project execution and delivery. The level will be determined based on experience and qualifications.
What You'll Do:
As a member of the Development team, you will play a key role in evaluating new opportunities, managing active developments, and coordinating with internal and external stakeholders to advance projects from concept through completion.
Responsibilities may include:
Supporting and leading development feasibility and investment analysis
Creating and maintaining financial models and development pro formas
Conducting market research, demographic analysis, and competitive assessments
Participating in site acquisition evaluations and due diligence efforts
Preparing investment committee presentations and recommendations
Managing project budgets, soft costs, schedules, and reporting
Coordinating with architects, engineers, contractors, land use attorneys, and consultants
Reviewing and managing consultant proposals, contracts, and deliverables
Partnering closely with Development, Design, Construction, Operations, Investments, and Asset Management teams
Monitoring project performance, identifying risks, and driving solutions
Developing relationships with municipalities, community stakeholders, brokers, consultants, and industry partners
Preparing monthly, quarterly, and ad hoc reporting for active development projects
What We're Looking For:
Development Team Member Candidates
Bachelor's degree required
Strong analytical, organizational, and project management skills
Interest in real estate development, construction, investments, finance, design, or related fields
Ability to manage multiple priorities in a fast-paced environment
Strong Excel, financial analysis, and presentation skills
Development Manager Candidates
Bachelor's degree
3+ years of relevant experience in real estate development, investments, construction, asset management, finance, or a related field
Demonstrated experience managing development projects, due diligence efforts, and financial analysis
Ability to independently manage multiple projects and stakeholders
Strong communication, negotiation, and relationship management skills
Preferred Qualifications:
MBA with a concentration in Real Estate, Master's in Real Estate Development, or similar advanced degree
Industry certifications such as LEED
Multifamily, mixed-use, or commercial real estate experience
How Vivmark Supports You:
We know that our teams are the beating heart of our success and we're committed to showing our appreciation.
We offer:
Additional Info:
Vivmark Residential is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives and create an environment that encourages all voices to be heard, understood and appreciated. With this we know we can do great things.
Vivmark Residential makes employment decisions without regard to a person's race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy (including childbirth, lactation or related medical conditions), age, physical or mental disability, genetic information (including characteristics or testing), citizenship status, military or veteran status, or any other status protected by the law.
Vivmark Residential will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.
Applications are being accepted on an ongoing basis.
Vivmark Residential does not require or request that you provide any information that identifies your age, date of birth, or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.
For California residents, if you elect to apply to Vivmark Residential you accept the Vivmark Residential California Personnel Privacy Notice (https://www.avaloncommunities.com/california-personnel-privacy-notice/ (opens in new window))
No Fees Notice & Recruitment Fraud Disclaimer:
Vivmark Residential is aware that there is recruitment fraud activity whereby scammers impersonate Vivmark Residential and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates.
Please note that Vivmark Residential will never charge any candidate a registration fee, hiring fee, or any other fee in connection with its recruitment and hiring process. If you suspect that you are being contacted by a scammer impersonating our company, please report it immediately to our official HR Department (avalonbayhumanresources@avalonbay.com (opens in new window)).
Job ID JR107225
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"Given where technology is today and where AvalonBay wants to be, it makes me really excited about what we can create together, how we can affect change in the industry and the value we can unlock for both our customer and our business."
Rukus, Sr. Vice President and Chief Digital Officer
"I'm constantly challenged, pushed to think creatively, and I love that I am empowered to act like a business owner."
Darius, Maintenance Manager
"Everything is on the table. You determine your skills, opportunities and career development… but it helps to have a supervisor, mentor and company to support you."
Karen, SVP Corporate Initiatives
"Be curious and ask to be considered to work on projects outside of your comfort zone."
Jackie, SCP of Redev and Asset Management
"Given where technology is today and where AvalonBay wants to be, it makes me really excited about what we can create together, how we can affect change in the industry and the value we can unlock for both our customer and our business."
Rukus, Sr. Vice President and Chief Digital Officer
"I'm constantly challenged, pushed to think creatively, and I love that I am empowered to act like a business owner."
Darius, Maintenance Manager
"Everything is on the table. You determine your skills, opportunities and career development… but it helps to have a supervisor, mentor and company to support you."
Karen, SVP Corporate Initiatives
"Be curious and ask to be considered to work on projects outside of your comfort zone."
Jackie, SCP of Redev and Asset Management
"Given where technology is today and where AvalonBay wants to be, it makes me really excited about what we can create together, how we can affect change in the industry and the value we can unlock for both our customer and our business."
Rukus, Sr. Vice President and Chief Digital Officer
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