Development Associate

Redondo Beach, CA - USA

Monthly Salary: $ 130000 - 160000

Posted on: 22 days ago

Vacancies: 1 Vacancy

Job Summary

Over the last 20 years Ares success has been driven by our people and our culture. Today our team is guided by our core values Collaborative Responsible Entrepreneurial Self-Aware Trustworthy and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment career development and employee-focused programming we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds experiences and perspectives can build careers within this exciting and growing industry.

Job Description

This job posting relates to a job opportunity at GSA Management LLC a vertically integrated self-storage acquisition development and management company owned by Ares.

Objective:

The Development Associate will be responsible for the preparation of site investigation reports cost completion reports project status reports and maintaining project files. The successful candidate will have knowledge of real estate transactions construction methods be detail-oriented and purpose-driven to set and meet deadlines.

Responsibilities:

Manages all aspects of development including design entitlements/government approvals project budgets and financial feasibility.
Collaborates with the design team and various consultants expediters surveyors and inspectors.
Assists in overseeing and reviewing the general contractors detailed construction budget change orders and schedule. Review monthly updates to ensure coherent sequencing logic and adherence to contractual milestones.
Supports the construction loan process by overseeing monthly requisition submissions to the lender and conducting walk-throughs with the lenders inspector.
Assists in obtaining the required governmental approvals and project signoffs.
Maintains and manage project tracking logs (RFIs submittals permits change orders etc.) to ensure timely processing of all critical project documentation.
Closely monitors the general contractors QC/QA and safety programs to ensure work complies with project quality standards regulations and contract requirements.
Assists in preparing the Budget Status Report tracking all contracts and periodically updating cash flow projections based on actual construction progress.
Manages project closeout activities and coordinates with asset management property management and facilities management teams.
Assists with deal due diligence including reviewing environmental and geotechnical reports reviewing public records contacting city agencies and helping with pricing potential development schemes.

Other Functions:

Must be willing to travel to other company sites as necessary.
Must be able to work extended hours and weekends as needed.
Other duties as assigned.

Skill and Experience:

A bachelors degree is required. A background in Civil Engineering is highly preferred.
A minimum of 4-6 years of experience in the development of multiple properties and/or retail chain development experience. Preference will be given to candidates with prior ground-up development experience.
Strong analytical problem-solving strategic planning and project management skills.
Experience in assessment and mitigation of risks in the transaction entitlement and development processes.
Experienced in environmental approval process in California is preferred
Proficiency in project scheduling software.
Excellent negotiation skills with the ability to sell your ideas and the rationale behind them.
Has exhibited a high degree of self-motivation integrity and success in past endeavors.
Excellent written and oral communication skills.
Ability to work in a fast-paced environment where deadlines are essential.
Ability to handle multiple transactions and projects simultaneously.

Physical Requirements:

Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at times.
Frequent to constant walking and standing on a job site as necessary.

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note the range takes into account a broad spectrum of qualifications including but not limited to years of relevant work experience education and other relevant qualifications specific to the role.

$130000 - $160000

GSA Management LLC is committed to providing equal employment opportunities to all employees and applicants. We strictly prohibit discrimination and harassment of any kind based on race creed color religion age sex national origin disability genetic information sexual orientation gender identity or expression marital status citizenship or immigration status honorably discharged veteran or military status or the presence of any sensory mental or physical disability or the use of a trained dog guide or service animal by a person with a disability or any other characteristic protected by federal state or local laws.

This policy applies to all employment practices including but not limited to recruitment hiring placement promotion termination recall transfer leaves of absence compensation and training.

GSA Management LLC complies with all applicable disability laws and is committed to providing reasonable accommodation to qualified individuals with disabilities. If you need a reasonable accommodation to participate in the application or interview process perform essential job functions or access other employment-related benefits please contact Human Resources at .

Reporting Relationships

Director Of Development

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Required Experience:

Over the last 20 years Ares success has been driven by our people and our culture. Today our team is guided by our core values Collaborative Responsible Entrepreneurial Self-Aware Trustworthy and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment career...

Over the last 20 years Ares success has been driven by our people and our culture. Today our team is guided by our core values Collaborative Responsible Entrepreneurial Self-Aware Trustworthy and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment career development and employee-focused programming we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds experiences and perspectives can build careers within this exciting and growing industry.

Job Description

This job posting relates to a job opportunity at GSA Management LLC a vertically integrated self-storage acquisition development and management company owned by Ares.

Objective:

Responsibilities:

Manages all aspects of development including design entitlements/government approvals project budgets and financial feasibility.
Collaborates with the design team and various consultants expediters surveyors and inspectors.
Assists in overseeing and reviewing the general contractors detailed construction budget change orders and schedule. Review monthly updates to ensure coherent sequencing logic and adherence to contractual milestones.
Supports the construction loan process by overseeing monthly requisition submissions to the lender and conducting walk-throughs with the lenders inspector.
Assists in obtaining the required governmental approvals and project signoffs.
Maintains and manage project tracking logs (RFIs submittals permits change orders etc.) to ensure timely processing of all critical project documentation.
Closely monitors the general contractors QC/QA and safety programs to ensure work complies with project quality standards regulations and contract requirements.
Assists in preparing the Budget Status Report tracking all contracts and periodically updating cash flow projections based on actual construction progress.
Manages project closeout activities and coordinates with asset management property management and facilities management teams.
Assists with deal due diligence including reviewing environmental and geotechnical reports reviewing public records contacting city agencies and helping with pricing potential development schemes.

Other Functions:

Must be willing to travel to other company sites as necessary.
Must be able to work extended hours and weekends as needed.
Other duties as assigned.

Skill and Experience:

A bachelors degree is required. A background in Civil Engineering is highly preferred.
A minimum of 4-6 years of experience in the development of multiple properties and/or retail chain development experience. Preference will be given to candidates with prior ground-up development experience.
Strong analytical problem-solving strategic planning and project management skills.
Experience in assessment and mitigation of risks in the transaction entitlement and development processes.
Experienced in environmental approval process in California is preferred
Proficiency in project scheduling software.
Excellent negotiation skills with the ability to sell your ideas and the rationale behind them.
Has exhibited a high degree of self-motivation integrity and success in past endeavors.
Excellent written and oral communication skills.
Ability to work in a fast-paced environment where deadlines are essential.
Ability to handle multiple transactions and projects simultaneously.

Physical Requirements:

Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at times.
Frequent to constant walking and standing on a job site as necessary.

Compensation

$130000 - $160000

This policy applies to all employment practices including but not limited to recruitment hiring placement promotion termination recall transfer leaves of absence compensation and training.

Reporting Relationships

Director Of Development

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.

Required Experience:

Key Skills

Laboratory Experience
Aseptic Technique
Mammalian Cell Culture
Fundraising
Microsoft Publisher
Conflict Management
Constant Contact
Salesforce
cGMP
Cell Culture
Grant Writing
Child Protective Services

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About Company

Ares Operations

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager operating integrated groups across Credit, Private Equity, Real Estate, Secondary Solutions and Strategic Initiatives. We seek to provide flexible capital to support businesses and create value ... View more

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