Associate (Development)

CIM Group

(Los Angeles, California)
Full Time
Job Posting Details
About CIM Group

CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.

Summary

The Development Associate will assist Senior Development Staff with day-to-day management duties from acquisition through pre-development, pre-construction, construction, closeout and pre-operation phases of the project(s) assigned.

Responsibilities
  • Assist in the day-to-day management of development projects including the oversight of project contractors and consultants.
  • Working with the Investment Deal Team(s) to provide due diligence information and feasibility analysis of potential acquisitions.
  • Assist in negotiating and drafting contract terms and scope with design consultants and contractors.
  • Responsible for maintaining project timeline, ensuring milestones are met on time and within budget.
  • Provide reports related to project status to Senior Development Staff, Investments Deal Team and other stakeholders.
  • Prepare and track development budget related to assigned projects.
  • Assist Senior Development Staff in securing the appropriate approvals, certifications, permits, etc. from city and other government agencies as required.
  • Responsible for maintaining and executing project contracts in accordance with department and corporate requirements.
  • Manage project documents including discretionary and non-discretionary approvals, agency releases/declarations/determinations, easements, covenants, tract maps, construction documents, A/E design and engineering plans and specifications, contracts/change orders, closeout documentation.
  • Responsible for sharing and uploading documents and communication on GC’s web based project management site.
  • Tracking and reporting project status to investors, lenders, joint ventures, quasi-public partnerships and the like
  • Assist with monthly construction progress reporting including but not limited to schedules, applications for payment, etc.
Ideal Candidate
  • Bachelor’s degree in Real Estate Development, Design/Architecture, Construction or related major. Advanced Degree preferred.
  • Minimum of two years' experience in real estate development and/or construction with demonstrated knowledge of real estate development and construction process including a focus in project management.
  • Demonstrated proficiency in Microsoft Office applications
  • Demonstrated proficiency in using SharePoint or other document control software.
  • Demonstrated proficiency in using Project Management software
Compensation and Working Conditions
Benefits Benefits included

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Los Angeles, California
Skills Desired
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  • Construction
  • Microsoft Office
  • Project Management
  • SharePoint
  • Project Management Software
  • Document Control Software
  • Real Estate Development

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