As a Property Developer we are among the most entrepreneurial of the real estate career paths. We acquire land and prepare it for development, or acquire the site, as well as oversee the construction process. Being a Real Estate Developers we specialize in residential, commercial and industrial development, and within these they specialize by property size and type. Today's as a builder we are getting larger, working on a regional and national basis. As a larger developer we have a number of specialists within our firm. Outside the firm, we are affiliated as subcontracting consultant, specializing in land acquisition and market analysts, financing developments, project managers and marketing sales staff, to name a few. As a developer who went through the period of building in the late 1970's and early 1990's we are now actively engaged in office and industrial markets.

Understand a Career in Real Estate Development

The Deal

If you enjoy taking risks, look no further than development. You can get in by working for another developer or you can give us a call for a job opportunity, starting with some smaller transactions. Working with us involves managing labor, establishing time estimates, managing money and monitoring construction crews. As a good developer we are results oriented, creative and know how to get work done on time.

We take a concept and physically construct or alter a property that will last for years to come. In this firm, we work with the local and sometimes federal government to bring your project to life. We also aggressively pursue the funding necessary from both the debt and equity markets to make the project a reality. Because of changes in population, technology and consumer taste, there's always a need for development.

As a large developer we are a lean organization and are tight with cash so getting a job done is tough. As a developer we are a full service developer... first building and then managing and leasing the property. Most people in real estate agree that development is the riskiest and most rewarding part of the industry. We are extremely charismatic and appear regularly in the society pages and every major city has its own Donald Trump; someone behind the big projects and deals.

One of the best things about real estate is the lifestyle and development is no exception. "This is definitely a work hard, play hard career,". Since so much of the industry is focused on personal relationships, you have some gregarious folk who love to have a good time. Granted there is a learning curve.

New hires start as analysts who create and rework spreadsheets that examine returns for the developer. Part of the spreadsheet analysis is keeping track of debt payments and the returns to equity partners. In this role you'll be expected to become a Microsoft Excel expert and your principal duty will be to run the financial spreadsheets. Any time there is a change to the project, the analyst reruns the spreadsheets to determine how it impacts the developer's and the investors' returns. Since our firm is lean, analysts can expect to perform other duties such as market research: comparable project research, leasing activity in your market and demographic studies.

Associates, sometimes called project managers, work above analysts and are assigned to a specific project. The developer may have 10 buildings that are under construction but the associate is responsible for only one of them. Associates still perform a good deal of financial analysis but have additional duties such as contact with the real estate community and the development partners -- architect, contractor, investors and attorneys. Your main task is to see that the building is constructed on time and the management team will rely on you for updates and recommendations. You write a number of memos and begin to get invited to presentations to management.

Associates report to vice presidents (VPs), which at some companies are called managing directors (MDs). They're responsible for multiple assignments and make the final decisions with respect to the development project or portfolio. VPs delegate a lot of work to associates but are ultimately responsible for a development's success. They're directly involved with leasing or sale negotiations and report to management or the developer. In this role, there's a lot of responsibility and a ton of pressure.

At our firm you will have the opportunity to eventually become a principal. As such you'll be expected to contribute equity to a development. Principals are asked to help raise money and are also expected to provide concepts for future developments. This is as good as it gets in the industry: you can make in the millions and will be held in high regard.

Career Opportunities:

All Career Opportunities and the hiring process are administered through Human Resources. Please Send all request to:

Sheri Lavallee Human Resources Manager Phone:780.479.7767 Ext: 330 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it