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Real Estate Associate Director of Development
Job in
Upper Darby, Delaware County, Pennsylvania, 19082, USA
Listed on 2026-09-13
Listing for:
Core Development
Full Time
position Listed on 2026-09-13
Job specializations:
-
Real Estate/Property
Real Estate Development, Real Estate Finance & Analysis, Real Estate Project Manager, Commercial Real Estate
Job Description & How to Apply Below
We're seeking a driven, analytical, outgoing, and highly organized Associate Director of Development to source, evaluate, and execute real estate development opportunities across Greater Philadelphia — primarily in the suburbs, with selective opportunities in Center City.
The ideal candidate is a natural relationship builder who genuinely enjoys meeting new people, socializing, attending industry events, and promoting Core Development. The role requires strong underwriting skills and a hands‑on project management mindset to support the acquisition and pre‑development process.
Key Responsibilities Acquisitions & Underwriting- Source and evaluate off‑market and listed development opportunities through broker, owner, and industry relationships.
- Build and maintain relationships with brokers, property owners, lenders, municipal officials, and other industry participants — through consistent outreach, events, and follow‑up — to generate deal flow and strengthen the company's brand.
- Build and review financial models, development pro formas, and offering memorandums that clearly communicate project costs, budgets, returns, risks, and next steps.
- Manage due diligence from contract execution through closing.
- Coordinate consultants (architects, engineers, etc), tracking deadlines, deliverables, and open issues.
- Support zoning and land development approvals.
- Manage LOIs and purchase agreements, financing and closing coordination, and ongoing communications with sellers, brokers, lenders, and equity partners.
- Build and maintain tracking tools that monitor deal and approval milestones.
- Bachelor's degree in real estate, finance, engineering, architecture, urban planning, or a related field.
- 2–5 years in real estate development, acquisitions, project management, or brokerage.
- Demonstrated project management experience — coordinating multiple concurrent deals or projects, tracking deadlines and deliverables, and keeping stakeholders aligned from due diligence through closing.
- Strong grasp of development economics, financial modeling and due diligence.
- Familiarity with PA entitlement processes is a plus.
- Entrepreneurial, adaptable, and hands‑on in a lean, fast‑paced environment.
- Core tools:
Claude, Excel and Microsoft Office. Bluebeam Revu is a plus.
- Total compensation of $95,000–$105,000 plus performance bonus.
- Ability to invest in company projects.
- Entrepreneurial culture with meaningful long‑term growth potential.
- Collaborate directly with principals
Position Requirements
10+ Years
work experience
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