Associate (Development)

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.

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.

• 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.

• 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