Job Details

Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 38,600 beds – and has a pipeline of over 43,000 beds in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of May 2024

Benefits That Matter

• A culture that provides you with a sense of belonging
• Hybrid and remote work options to promote work-life balance
• Competitive pay that values your contributions
• Annual incentive to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 16 holidays, including your birthday, to disconnect and celebrate
• Paid Parental Leave that begins after 90 days
• Paid volunteer time off to give back to your community
• Monthly workshop weeks; fewer meetings & more collaboration
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including a yearly subscription to a meditation app
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services
• Company retirement options including 401(k) + matching & Roth account option

Position Overview

The Associate, Development - Build-To-Rent (BTR) will work closely with Development Managers on the day-to-day diligence of their assigned Build-To-Rent projects from acquisition/entitlement hand-off through construction completion and turnover to operations. The Development Associate will support the development and construction process to successfully design, permit, contract, and complete Core’s developments on time and within budget, while adhering to Core’s standards and objectives.

Pre-Construction

• Support architectural and engineering design development, ensuring all physical components of the project meet Core’s standards and specifications, and resolve planning and design issues.
• Understand and track the permitting process against the Development Schedule.
• Document project meetings and manage accountability for deliverables.
• Confirm contractual agreements for consultants, vendors, and contractors are consistent across projects, holding vendors accountable for contract obligations.
• Ensure accurate and timely processing of invoices and billings consistent with contractual agreements.
• Assist with General Contractor agreement, including review and analysis of schedule, budget, and clarifications.

Construction

• Act as project representation for Core, serving as the main point of contact for information workflow.
• Assist with construction quality control through collaboration with Architects and General Contractors, from subcontractor buyout through punch list completion.
• Track the construction schedule, using productivity analysis and historical project metrics to ensure critical path and milestone dates are met, and recommend acceleration strategies when needed.
• Create and update project forecasting and tracking tools.
• Assist Design teams in developing FF&E contracts, scheduling, and overseeing FF&E installation.
• Review and process change orders for consistency with contracts and historical data.
• Review all project invoices for contract compliance and process monthly payments.

Other Responsibilities

• Prepare monthly draw packages, gathering and reviewing information from external parties (invoices, contracts) to generate reports and correspondence.
• Manage internal review and approval workflows for draw packages and assist with responses to questions before funding.
• Provide weekly project updates to the Development group.
• Maintain and organize electronic project files.
• Review contracts, assist in preparing template agreements, and track contract approval progress.
• Ensure Certificates of Insurance from consultants comply with contractual insurance requirements.
• Coordinate and document project meetings.
• Monitor project details, including schedule and budget changes, and adjust as necessary in coordination with Development Managers.
• Assist with cash flow estimates, project budgets, and commitment schedules.
• Occasional travel may be necessary as needed.
• Perform all other duties and tasks as assigned by management
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, you'll have

• Bachelor’s degree in Real Estate Development, Construction Management, Architecture, Engineering, or a related field.
• 3 years of experience in construction or real estate development, with a focus on managing multiple, complex projects.
• Strong understanding of development and construction processes, with the ability to manage project information and documentation effectively.
• Strong organizational, communication, and time-management skills.
• Experience with development draw packages, contracts, and quality control.

You'll crush it if you have experience with

• The following software programs; Northspyre, Smartsheet, Microsoft Project, DocuSign, and Google Suite

Organizational Structure

Reports to: Director, Development - BTR

Direct Reports: N/A

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.