Development Associate

Posted Yesterday
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Washington, DC, USA
In-Office
Mid level
Database
The Role
Support full lifecycle multifamily and mixed-use development by building pro formas and financial models, conducting feasibility and sensitivity analyses, coordinating design and construction teams, tracking schedules and budgets, assisting with entitlements, due diligence, financing, lender reporting, and preparing memos and updates for senior management and investors.
Summary Generated by Built In

Description

Who We Are 

Founded in 2012, Dalian currently controls over 1,000 luxury multifamily units in San Antonio, TX and Philadelphia, PA, with additional projects under construction or in predevelopment in Pittsburgh, PA; Richmond, VA; and Raleigh, NC. Our strategy is to scale our multifamily platform across major U.S. markets through a rapidly growing pipeline. Dalian is part of the broader family of companies, including CloudHQ and WindHQ, known for an entrepreneurial approach, creative problem-solving, and a culture of ownership.


What The Role Entails

Dalian Development is building a national portfolio of long-term hold multifamily and mixed-use assets, and we’re seeking a Development Associate who can combine rigorous underwriting skills with active involvement throughout design, entitlement, construction, and lease-up.

In this role, you’ll work directly with senior leadership and contribute across the full development lifecycle. You will not be confined to financial analysis; you’ll also engage in on-the-ground coordination, problem-solving, and project execution. With active projects under construction and a robust slate of predevelopment opportunities, this role offers significant growth potential as Dalian accelerates national expansion.

What You Will Get to Do 

  • Build and maintain pro formas and financial models for multifamily and mixed-use projects 
  • Conduct feasibility analyses, sensitivities, and return projections to support investment decisions
  • Support coordination of architects, engineers, contractors, designers, zoning consultants, and property management partners
  • Track project schedules, budgets, and key milestones; prepare regular variance analyses and recommendations
  • Assist with entitlements and permitting across multiple jurisdictions
  • Support full lifecycle activities including feasibility, financing, design, construction, and lease-up
  • Prepare budget approval memos and project updates for senior management and investors 
  • Coordinate due diligence (title, survey, environmental, geotechnical, zoning analysis, market studies) 
  • Assist with financing activities including loan/equity documentation, draw requests, and lender reporting

Requirements

What You Bring to The Role

  • Bachelor’s degree in Real Estate, Finance, Business, Architecture, Engineering, Construction Management, or related field
  • Minimum 3 years of relevant experience; 5+ years preferred
  • Proven ability to build complex Excel financial models from scratch
  • Strong analytical skills with an interest in applying them to real-world project execution
  • Solid understanding of real estate finance, capital structures, and development fundamentals
  • Strong written and visual communication skills (PowerPoint, memos, presentations)
  • Willingness to travel 15%+
  • Self-starter comfortable in an entrepreneurial, hands-on environment

Our Ideal Candidate Will Also Possess 

  • Financial Certifications such as CFA or ARGUS Enterprise
  • Industry involvement (ULI, NAIOP, NMHC, etc.)
  • Advanced Excel proficiency 

  

What We Offer

Dalian’s people and culture are the most enriching aspects that make us a great place to work. We are strengthened by industry experts who bring extensive knowledge, skill, and experience, leaders who bring vision, innovation and commitment to our people, and an expanding team of individuals who believe in that vision and bring their best to support their customers and team.

Our employees enjoy competitive compensation and rewarding incentives, comprehensive benefits (medical, dental, vision, life insurance, disability), 401(k) with match, 12 paid holidays, generous PTO, development opportunities, and the ability to closely impact and contribute to the growth of an exceptional organization.

Equal Employment Opportunity

Dalian is an equal employee opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, age, national origin, disability, sexual orientation, gender identity or expression, marital status, genetic information, protected veteran status, or other legally protected status.

Skills Required

  • Bachelor's degree in Real Estate, Finance, Business, Architecture, Engineering, Construction Management, or related field
  • Minimum 3 years of relevant experience (5+ years preferred)
  • Proven ability to build complex Excel financial models from scratch
  • Strong analytical skills with interest in project execution
  • Solid understanding of real estate finance, capital structures, and development fundamentals
  • Strong written and visual communication skills (PowerPoint, memos, presentations)
  • Willingness to travel 15%+
  • Self-starter comfortable in an entrepreneurial, hands-on environment
  • Advanced Excel proficiency
  • Financial certifications such as CFA or ARGUS Enterprise
  • Industry involvement (ULI, NAIOP, NMHC, etc.)
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The Company
HQ: Washington, DC
109 Employees
Year Founded: 2016

What We Do

CloudHQ designs, builds and operates mission critical data centers, delivered through a tailored, customer service focused platform designed to foster long-term relationships. CloudHQ provides 100% availability with high-density power, flexible configurations and carrier-neutral connectivity. Founded by Hossein Fateh, a pioneer of data center REITs and former co-founder & CEO of DuPont Fabros Technology, and bolstered by a team of industry veterans, all with one purpose – to provide flexible solutions in highly efficient space and resilient design for businesses of all sizes. CloudHQ have delivered over 320MW IT to date. CloudHQ have expanded globally and now have hyperscale data center campuses in Ashburn & Manassas, Virginia; London, UK; Frankfurt, Germany; Paris, France; Milan, Italy; Chicago, IL and Sao Paulo, Brazil, together with a number of growth locations in progress in US, EMEA, LATAM & APAC with the ability to deliver over 2,000 MW IT. CloudHQ pride themselves on delivering scale solutions, in high barrier to entry markets, to meet our customer’s needs.

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