Development Associate

ABOUT CIM GROUP:

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE:

The Development Associate will assist Development Lead with the day-to-day management duties from acquisition through pre-development, pre-construction, construction, closeout and pre-operation phases of the project(s) assigned. This position with support Data Center Development.

CORE RESPONSIBILITIES:

• PROJECT MANAGEMENT BY PHASE
• Entitlements & Permitting: Has begun taking the lead, under AVP/VP supervision, to secure the appropriate approvals, certifications, permits, etc. from city and other government agencies. Coordinates meetings with DBS, as necessary, to overcome plan check hurdles.
•  Construction Oversight: Understands construction concepts, building sequence, contracting methods, building materials and construction documentation.
•  Leasing / Tenant Coordination: Corresponds with Leasing Team regarding Landlord Work Letter and Delivery requirements. Tracks Tenant Improvement progress and review requests for Allowance Disbursements.
•  Feasibility & Due Diligence: Works with the Investment Deal Team(s) to procure accurate due diligence information and produce feasibility analyses of potential acquisitions within the short due diligence timeframe.
•  Sales & Marketing: Assists in the development and direction of sales and marketing campaigns with internal sales/leasing team, marketing communications, and 3rd-party vendors. Makes meaningful contributions during these campaigns.

 

• PROJECT PERFORMANCE OVERSIGHT
• Reporting: Provides reports related to project status to Development Lead, Investments Deal Team, etc. Evaluates project performance, recommends changes where necessary to ensure desired results. Monitors and reports project status to investors, lenders, joint ventures, quasi-public partnerships and the like.
• Budget Oversight: Prepares and tracks development budget related to assigned projects. Ensures milestones are met within budget. Understands controllable costs and risks. Notifies Development Lead of any observed potential cost increases.
• Schedule Oversight: Tracks project timelines, ensures milestones are met on time by notifying Development Lead of potential delays.




• SUPERVISORY RESPONSIBILITIES
• Talent Management & Development: Oversees Analysts' and Project Coordinators' work activities related to projects.
•  Vendor Management: Oversees staff-level contractors, subcontractors and vendors related to day-to-day activities. Provides recommendations and feedback during hiring of vendors and contract negotiations.




• DOCUMENT ORGANIZATION
• Project Documents: Manages project documents including approvals, agency releases/declarations/determinations, easements, covenants, tract maps, construction documents, A/E design and engineering plans/specs, contracts/change orders, closeout documentation. Maintains project and/or management files according to established criteria. Shares and uploads documents and communication on General Contractor's project management website. Oversees project related document distribution to 3rd parties and own version control.
•  Invoicing: Reviews and approves (as first approver) invoices, vendors, etc. entered by PC or project accountant in a timely manner.
•  Buyout: Oversees creation of bid documents and scope of work preparation in order to ensure bidders are pricing a comparable scope of work. Prepares bid comparison spreadsheets for team review and selection.
• Contract Negotiation: Assists in negotiating and drafting contract terms and scope with design consultants, contractors, and other vendors. Demonstrates success selecting optimal vendors

KNOWLEDGE AND SKILLS:

• Internal Relations: Responds to common inquiries from stakeholders such as investment team members, accounting staff, etc., including top management. "Manages up" well.
• External Relations: Effectively presents information to regulatory agencies, public groups and/or business owners and other stakeholders in public speaking formats.
• Reading & Comprehension: Analyzes and interprets technical materials, financial reports, legal documents and memos and shares important details with Development Lead.
• Correspondence: Effectively communicates in correspondence and reporting.
• Teamwork: Works well within development team, other CIM departments and with 3rd parties.
• Direction Setting: Works with team to translate strategies into team goals and objectives.
• Accountability: Usually willing to take share of responsibilities for team actions and makes personal adjustments when necessary.
• Problem Solving: Defines problems, collects data, establishes facts, draws valid conclusions and provides logical recommendations. Solves problems when necessary. Thinks critically and creatively.
• Independence: Works independently with some supervision of Development Lead. Shows initiative on "projects within projects". Has begun learning responsibilities of Development Lead.
• Carry Out Instruction: Applies common-sense understanding to carry out instructions from Development Lead and other departments when appropriate. Demonstrates self-awareness. Takes initiative in asking questions. Learns on the job.
• Adaptability: Maintains positive outlook through situations or challenges requiring negative or rapid change.
• Critical Thinking: Prioritizes key questions, problems and assumptions needed for decision-making. Recognizes key cause and effect factors. Draws conclusions that will prevent problems in the future
• Prior Experience: experience in industrial and/or data center development preferred.
• Prior experience: experience in electromechanical system is preferred. 

WHAT CIM OFFERS:

At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:

• A variety of Medical, dental, and vision benefit plans

• Health Savings Account with a generous employer contribution

• Company paid life and disability insurance

• 401(k) savings plan, with company match

• Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave

• Up to 16 hours of volunteer time off

• Up to 16 weeks of Paid Parental Leave

• Ongoing professional development programs

• Wellness program, including monthly and quarterly prizes

• And more!

Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required.

HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:

At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.

*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.

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CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.