Development Associate
Macdonald & Company - Jersey City, NJ
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We are partnered with a real estate investment firm that seeks to invest in high-growth, niche suburbs throughout the Sunbelt region of the U.S., focusing on developing Class A multifamily and active adult communities for middle-class renters in desirable suburbs at an affordable price point. They are seeking a highly motivated Development Associate located in New York, NY. The Associate will support project development from inception to completion, including market research, due diligence, financial analysis, construction management, and asset management. They will assist with preparing budgets, schedules, and project reports, as well as work collaboratively with internal teams, external consultants, architects, and contractors. Responsibilities may include coordinating permits and approvals, monitoring project progress, and supporting fundraising and financing efforts. Education and Experience: 4-6 years+ of relevant experience in real estate development, construction, architecture, or related field. Strong interpersonal skills and the ability to foster and maintain relationships with stakeholders Proficiency in analytical skills with the ability to interpret market data, financial models, and project feasibility Excellent communication skills, including written and verbal communication, for reporting, presentations, and collaboration Experience with fundraising and financing processes Strong research skills for market analysis and project evaluation Bachelors degree in Real Estate, Business, Construction Science, Finance, or a related field; advanced degree is a plus Previous experience or knowledge in multifamily real estate development preferred Proficient in Microsoft Office Suite; familiarity with financial modeling is a must
Created: 2026-03-07