Associate - Development

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company’s esteemed annual list of the World’s Most Innovative Companies, as well as recognition as one of U.S. News & World Report’s Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As an Associate - Development with Hines, you will be responsible for reviewing the accounting records and administrative matters for assigned projects and entities as well as the supervision and development of respective accounting staff. Responsibilities include, but are not limited to:

• Provides management and financial support to ensure project completion and sources new market opportunities for consideration.
• Participates in the management of development projects including feasibility analysis, entitlement processes, financing, design, contracting, and construction management.
• Participates in the asset management of existing properties, including tenant relations, investor relations, and communications.
• Performs financial analysis of acquisitions and development opportunities via financial modeling, analysis of cash flows, and application of valuation methods using a combination of Argus and Excel software.
• Monitors project budgets and schedules for significant variances and oversees contractor payments where appropriate.
• Assists in the leasing of certain properties, preparing proposals, relationship with brokers and working closely with legal counsel in review of lease documents.
• Facilitates the marketing and reporting of projects to investors, makes certain that all project and venture agreements are properly documented.
• Monitors the flow of information regarding project design among interested parties, including investors, market research personnel, construction groups, and architects.
• Works closely with appropriate personnel to design and implement marketing plans.
• Develops a constant awareness of market opportunities.
• Provides support for project design, site selection and permitting activities as needed.
• Serves as a member of various project teams as required to facilitate company needs.
• Acts as a team member with all Hines employees.
• Complies with all Hines policies and procedures.

Qualifications

Minimum Requirements include:

• Three or more years of work experience with a professional organization, with a record of project success or experience.
• Two or more years related experience in real estate or in a financial analysis role.
• Work experience or educational background in finances math or engineering a plus.
• Bachelor’s degree and related experience considered in lieu of post undergraduate studies; MBA strongly preferred.
• Ability to analyze real estate and industry trends from a strategic point of view; Analyze and interpret various types of data to draw conclusions and solve problems.
• Perform numerical and financial calculations and analysis.
• Ability to exchange ideas, information, and opinions with others to formulate policies and programs and/or arrive jointly at decisions, conclusions, or solutions.
• Possess excellent interpersonal skills.
• Ability to think creatively and contribute to project success.
• Successfully manage a variety of tasks within a tight time schedule.
• Demonstrate strong initiative and ability to work independently with minimal oversight.
• Interact with employees, visitors, and business partners with poise and diplomacy.
• Ability to leverage technology and internet to perform all job functions at the highest level.
• Work indoors approximately 80% of the time and outdoors 20% of the time.
• Possesses the highest degree of integrity.
• Excellent verbal and written communication skills.
• Ability to analyze real estate from a strategic point of view.