At a Glance
- Tasks: Support the development process from planning to delivery, including financial analysis and reporting.
- Company: Join Greystar, a leading global real estate company with a focus on innovation.
- Benefits: Enjoy competitive pension, healthcare, and holiday allowance as part of our corporate team.
- Other info: Be part of a company that values diversity and offers excellent career growth opportunities.
- Why this job: Make an impact in real estate development while working with diverse teams and projects.
- Qualifications: Experience in project management and knowledge of the London development landscape preferred.
The predicted salary is between 37800 - 46200 £ per year.
The Development Associate supports the execution of the Company’s development platform by supporting the capitalisation and delivery of existing developments throughout the development cycle.
In addition, you will perform financial analyses of development opportunities and prepare appropriate information and documents to facilitate the underwriting and closing of real estate transactions.
- Key Role Responsibilities
- Assists with all aspects of the Development process, from acquisition to planning, development, construction, leasing and asset management, including financial analysis.
- Supports in monitoring, tracking and reporting on the status of the development budget and programme, working closely with the construction, operations and finance teams and participating in planning and design team meetings.
- Prepares high quality monthly and quarterly reports and presentations for investors and senior business stakeholders.
- Supports the technical due diligence underwriting (financial modeling) process.
- Manages external consultants to progress co-ordinated designs, on programme and within budget.
- Maintains ongoing communications within the development team, and others affiliated with the project to provide periodic updates on the progress against schedule (programme) and budgets, resolves issues that may compromise the project delivery schedule or costs, and responds quickly and with urgency to questions, concerns, and requests for information.
- Works closely with operations to finalise operating budgets and relevant development assumptions in financial model, amenity space plans and unit plans.
- Works closely with Operations and Estates Managers to accept units from construction (including phased handover), ensuring a smooth transition and that all aspects of the project adhere to Company development standards, templates and quality levels.
- Develops and maintains relationships with local project management firms, construction companies, local authorities as well as related bodies and other key technical stakeholders, and appropriately manages on-going communications related to the technical side of the proposed development projects.
- Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
About You
We’re looking for a development and project management professional with experience delivering residential or mixed-use schemes from planning through to delivery.
You’ll bring commercial awareness, financial acumen, and the ability to lead multidisciplinary teams, manage consultant relationships, and drive complex projects forward.
A background in real estate, development, construction, or a related field is ideal, with knowledge of the London development landscape and advanced Excel and Power Point skills highly valued.
What We Offer
We include a range of benefits for our corporate team members, including competitive pension, healthcare, and holiday allowance, amongst others as standard.
About Greystar
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally.
The company's business model is unique in its ability to own, operate, and develop multifamily, student, and senior housing across the globe.
Building a global platform with a local presence, Greystar continues to expand its geographic reach around the world, bringing a globally interconnected professional rental housing platform and industry funded with institutional capital to countries where the sector does not yet exist.
Greystar’s pan - European platform was established in 2013 and has scaled rapidly, now with investment, operational and development presence in the UK, Ireland, France, Denmark, the Netherlands, Germany, Austria, and Spain.
One of Greystar’s core values is Equality, and as such, we continue to pride ourselves on being an equal opportunities employer, accounting for all protected and identifiable characteristics.
We truly value diversity of thought, background and of experience.
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Development Associate in London employer: Greystar (International)
Greystar Europe is an exceptional employer, offering a dynamic work environment where legal professionals can thrive in the real estate sector. With a strong commitment to employee growth, competitive benefits including healthcare and pension plans, and a culture that values diversity and equality, Greystar fosters meaningful relationships and supports its team members in achieving their career objectives. Located in a rapidly expanding European market, this role provides unique opportunities to engage with a variety of legal challenges while contributing to innovative housing solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Development Associate in London
✨Get Involved in Local Property Events
Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.
✨Connect with Local Agents on Social Media
Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Greystar (International).
✨Don’t Underestimate the Power of Cold Outreach
Got your eye on a specific company like Greystar (International)? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.
✨Utilise Property Management Platforms
Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Greystar (International)'s careers page directly; we love seeing passionate candidates applying through our website!
We think you need these skills to ace Development Associate in London
Some tips for your application 🫡
Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!
Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!
Tailor Your Documents for the Job:Every application should feel personal. When applying for the Development Associate role at Greystar (International), tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!
Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!
How to prepare for a job interview at Greystar (International)
✨Know Your Market Trends
In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Greystar (International) operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.
✨Prepare for Scenario Questions
Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.
✨Showcase Your Connections
In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Greystar (International). Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.
✨Demonstrate Technical Savvy
Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Greystar (International).
