Real Estate Development Associate

Real Estate Development Associate

Position:
Associate Director D, Facilities

• Project Management:
  Assist the Development Director with analysis, management, and coordination of all projects, ensuring milestones are achieved and coordination with development, construction, and operations teams.
• Preparation of internal and external deliverables for development presentations and business plans for Senior Management approval.
• Procurement:
  Draft and manage RFPs, compile results, prepare presentations and analysis, and make recommendations.
• Financial Planning:
  Coordinate due diligence and transactional documentation for acquisition and financing, ensuring accuracy and consistency, and facilitate document/information flow for committee presentations.
• Reporting & Analysis:
  Assist in preparing regular monthly or quarterly reports summarizing project progress, issues, pro forma, schedule, etc., for senior management.
• Network Development:
  Build and maintain relationships with project team members, real estate consultants, city officials, and other stakeholders.
• Operations:
  Assist with the oversight of the Arts and Cultures program at the Rotunda on an as‑needed basis.
• Other duties as assigned.

• Bachelor's degree in any subject and at least 5‑7 years of experience strongly preferred, or equivalent combination of education and experience.
• Advanced education or professional certification a plus.
• Experience working in fast‑paced environments, understanding complex legal documents, and knowledge of real estate finance, public finance, or project finance.
• Prior experience covering the full range of development responsibilities from conceptualization/planning, through site planning and zoning, to construction management.
• Strong organizational, presentation, verbal, and written communication skills.
• Proficiency in MS Office software.
• Excellent interpersonal skills, team‑oriented yet self‑starting, ability to work independently, and high ethical standards.

Philadelphia, Pennsylvania

Facilities and Real Estate Services

$61,046.00 – $98,000.00 annually

Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

Health, Life, and Flexible Spending Accounts – Comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits, plus flexible spending accounts.

Tuition – Tuition assistance for the applicant, spouse, and dependent children at Penn and eligible other institutions.

Retirement – Generous retirement plans with basic, matching, and supplemental options via TIAA and Vanguard.

Time Away from Work – Substantial paid time off for vacations, personal affairs, recovery from illness, family time, and other personal needs.

Long‑Term Care Insurance – Partnership with Genworth Financial to provide long‑term care insurance, with underwriting exemption for newly hired employees.

Wellness and Work‑life Resources – Wide variety of health and wellness programs and resources to support work‑life balance.

Professional and Personal Development – Resources to advance personal and professional growth.

University Resources – Access to libraries, athletic facilities, arboretum, art galleries, music, theater, and other cultural activities.

Discounts and Special Services – Discounts on arts and entertainment, transportation, mortgages, and other goods and services.

Flexible Work Hours – Creative work‑hour arrangements and flexible locations.

Home Ownership Services – Forgivable loan for eligible employees buying a home in West Philadelphia.

Adoption Assistance – Reimbursement for qualified adoption expenses for up to two adoptions per household.