Development Associate

Overview

AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.

S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in our purpose of creating a better way to live and that is always focused on building value for the long term.

Hit Apply below to send your application for consideration Ensure that your CV is up to date, and that you have read the job specs first.

Creating a better way to live is the purpose that binds AvalonBay associates. We take that purpose seriously and expect you will as well.

By focusing on collaboration, innovation, and taking ownership of our choices and actions, we act in ways that focus on creating value for our customers, investors and associates.

Your positive, professional, and consistent personal interactions make AvalonBay a great place to work.

The Role

This person will provide analytical and project management support to ground-up development asset teams and regional Development Department.

This person will also coordinate development project aspects, manage external relationships, support budgeting processes, and assist with sourcing and due diligence efforts.

Essential Job Functions :

External Relationship Building

Build constructive and collaborative relationships with consultants, vendors, and municipalities at administrative and project management levels.

Project Management

• Assist in preparing quarterly development reports (DRU) and monthly community reports (DCR).
• Coordinate with design, construction teams, and vendors on FF&E scope for new development projects.
• Collect, organize, and follow up on investment packages for AvalonBay’s Management Investment Committee (MIC) review.
• Prepare soft cost budgets for presentation to senior team members.
• Analyze, track, and resolve issues related to soft cost budgets and maintain them in AVB’s tracking systems.

Consultant and Vendor Selection & Management

• Coordinate bid processes, including obtaining design proposals from A&E and other consultants.
• Prepare contracts for selected consultants.

Collaboration & Leadership

Support asset teams by maintaining project plans and managing project task completion.

Sourcing & Business Development

• Assist with due diligence, feasibility analysis, financial updates, and market studies.
• Obtain demographic and market research for existing development rights and land acquisitions.
• Update supply pipeline reports quarterly with Market Research Group.

Minimum Qualifications :

• Education : Undergraduate degree required.
• Certifications / Licensures : LEED or other industry certifications desirable, but not required.
• Experience : Some experience in real estate-related fields (e.g., Development, Construction, Finance, Design, Operations, Investments) is desirable.

How AvalonBay Supports You

We know that our teams are the beating heart of our success and we’re committed to showing our appreciation. We offer comprehensive benefits including health, dental and vision, a 401(k) with company match, paid vacation and holidays, tuition reimbursement, an employee stock purchase plan and more.

Click on Benefits here for information.

Growth based on achievement and promotion from within.

Associate recognition through a company-wide recognition program that celebrates associate efforts and successes in contributing to the overall success of the organization.

A 20% discount on our incredible apartment homes.

A culture built on purpose and our core values : A Commitment to Integrity, A Spirit of Caring, and A Focus on Continuous Improvement.

Additional Info

AvalonBay is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment.

We believe that in order to achieve our purpose of creating a better way to live, we must recruit, develop and retain associates with a wide range of backgrounds, experiences and perspectives.

We know we can do great things together.

AvalonBay makes employment decisions without regard to a person’s race, ethnicity, color, religion, sex, national origin, sexual orientation, gender identity, pregnancy, age, physical or mental disability, genetic information, citizenship status, military or veteran status, or any other status protected by the law.

For California residents, if you elect to apply to AvalonBay you accept the AvalonBay California Personnel Privacy Notice here.

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