Associate, Development

Location Wells Fargo Center - 333 S Grand Ave, Suite 300 Our Company At Brookfield Properties, the foundation of our success is firmly rooted in our people. Our company is comprised of experts across a range of specialties who share a goal of ensuring our properties are continuously evolving to meet the needs of our communities and stakeholders. To meet this goal, we hire visionary, entrepreneurial talent who help us innovate and enhance our business. We build collaborative teams who value integrity, creativity and diversity. Our teams operate an iconic portfolio of irreplaceable properties within the world’s most dynamic markets. As one of the largest real estate services companies, we provide management and development expertise exclusively for properties owned by Brookfield Asset Management. Job Description We Are Brookfield Properties: Brookfield Properties develops and operates over 1000 properties and 390 million square feet of high-quality, sustainability-focused real estate assets around the globe on behalf of Brookfield Asset Management, one of the world’s largest alternative investment managers. Our logistics business is a vertically integrated portfolio of 180M square feet across a footprint spanning five continents. We don’t just build and manage buildings. We develop the hubs of commerce that connect people and goods globally – places that are the backbone of an ever-evolving supply chain. We’re elevating the logistics business as we envision – and then deliver – the world’s most forward-thinking properties, creating spaces where people, businesses, and communities thrive. We are seeking a Associate, Development to join Brookfield Properties in Los Angeles, CA. In this role, you will play a key role in inspiring change and continual improvement. If you are committed to excellence and ready to contribute to a dynamic culture, we would love to meet you. The position requires a high degree of energy, enthusiasm, real estate knowledge, and professionalism. The position will report to the Vice President, Development with a day-to-day interface with other team members. Experience in development, land entitlement, construction, tenant improvement, and overseeing capital expenditure improvements will be required of the position. This position will be responsible for sourcing, budgeting, permitting, overseeing improvements, and supporting every facet of the development cycle. Role & Responsibilities: Participate in the leasing process and analyze potential leases and the resulting financial impact on an investment Build and maintain strong relationships, both internally and with architects, engineers and contractors in the region Participate in leading teams of consultants and contractors to obtain the regional development and capital projects goals and objectives Participate in management of cost and timeline of development projects, large tenant improvement projects, and important property improvement projects Participate in site planning and delivery of best-in-class Real Estate products that align with investment objectives and Brookfield approved specifications Participate in the due diligence investigation of new investment opportunities, including coordination with third parties Lead in preparing exhibits for investment memorandums that communicate conclusions and risks to management Participate in coordinating site entitlement and building due diligence including environmental site assessments, hydrology, boundary surveys, easements, geotechnical evaluations, platting, permitting, CEQA, etc. Assist as required in preparing physical due diligence reports, replacement cost budgets, and capital improvements budgets needed for pursuit of acquisition properties Participate in preparation of preliminary development budgets (i.e., Proformas, Land Models, Development reports) for proposed land, building and tenant improvement cost for review with the Development team for evaluation Establish, plan, and chair regularly scheduled project meetings to communicate the company’s expectations and oversee the timely completion of milestones set forth in each of the contemplated developments Manage internal tracking of all development financials including budgets, costs, and change orders Assist in development financials/procurement including reviewing and approving invoices, developing RFP’s, reviewing proposals and change orders, leveling proposal bids, and conducting proponent interviews Manage design queries, consultant coordination and design & construction documentation Collaborate with a team of development professionals and analysts based in the Los Angeles, CA Office, which covers the West North America Region. In addition, this person will support asset management and building acquisitions in the West Region Your Qualifications: 2-5 years of related experience, preferably work experience alongside a General Contractor and/or a Commercial Real Estate Developer Bachelor’s Degree in a related field required; major in Construction Sciences, Engineering or Architecture a plus Proficient in MS Excel, MS Project, Project Management Software Programs and Bluebeam; AutoCAD/3D modeling a plus Proven track record in design, engineering, and construction Knowledge of and experience in the construction and/or development process Leadership experience in team environments Eagerness to work with and manage internal and external resources, consultants, and contractors Proficient in oral and written communication coupled with the ability to craft and present detailed work product Forward thinking, low ego needs coupled with high engagement Promote a positive, "can-do" attitude with a real focus on efficiency and effectiveness Highly collaborative by nature and be willing to roll up his/her sleeves to drive the business Highly organized, patient, and strategic with an ability to defend their position in a well-reasoned, articulate fashion in a non-authoritative environment The ability to set clear and challenging goals while committing to improved performance, tenacious and accountable in driving results Comfortable with ambiguity and uncertainty; the ability to adapt nimbly and navigate complex situations Your Career @ Brookfield Properties: At Brookfield Properties, your career progression is important to us. As a successful employee, you will have the opportunity to grow within your team, department, and across the Brookfield organization. Our leadership teams are dedicated to the accomplishments of their employees. We also invest time into training and developing our people. End your job search and find your career today, at Brookfield Properties. Why Brookfield Properties? We imagine, create, and operate on a foundation of values to build a better world, together. Brookfield Properties strives to create spaces where going to work never feels routine. As a Brookfield Properties employee, you will enjoy many benefits such as 401K matching, tuition reimbursement, summer Fridays, paid maternity leave and more. There is also a generous employee referral program because we want our existing team members to help us build a more diverse workplace through their networks. Compensation & Benefits: Salary Type: Exempt Pay Frequency: Bi-weekly Annual Base Salary Range: $120,000-$140,000 Medical & Pharmacy Coverage: Yes, under Brookfield Medical Plan Dental Coverage: Yes, under Brookfield Medical Plan Vision Coverage: Yes, under Brookfield Medical Plan Retirement: 401(k) Insurance: Employer-paid life & short/long term disability Brookfield Properties is an equal opportunity employer, and we foster an inviting, inclusive and collaborative environment. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. #J-18808-Ljbffr