Development Associate

Job Description

Job Description

The Carroll Companies was founded over 40 years ago by Roy Carroll and his father. The company has grown into a successful collection of commercial and residential real estate development and property management companies. The combined companies now have over $6 billion in real estate assets and are still family-owned and headquartered in Greensboro NC.

• The companies’ real estate efforts include:
• Own and self-manage over 45 luxury apartment communities with over 13,000 apartments.
• Land development, construction, and sales of single-family homes.
• Own and operate over 30 wine and self-storage facilities.
• Own and operate one hotel with two more in development.
• Own and operate CenterPointe, luxury condominium homes.
• Own and develop industrial properties for lease and purchase.
• Commitment to visionary mixed-use projects; pipeline totals more than $500M.
• In-house construction company.
• The geographic footprint includes North and South Carolina, Tennessee, Texas, and Montana.

Summary:

Learn from one of the largest privately held multifamily developers in the country! We are seeking a highly motivated and detail-oriented Development Associate to join our team. This entry-level to mid-level position is ideal for a driven individual with 3+ years of experience in real estate development, finance, or a related field. The successful candidate will play a critical role in overseeing the entire development process, from land acquisition through permitting, ensuring projects are delivered on time and within budget. This role requires a strong understanding of financial modeling, project management, and a proactive approach to managing consultants and navigating regulatory processes.

Key Responsibilities:

Financial Management:

• Develop and maintain detailed financial proformas, including budgeting, cash flow projections, and return on investment analyses.
• Oversee all financial aspects of development projects from approvals through construction, lease up & stabilization  

Project Management & Oversight: