Development Associate at Ares Management

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

This job posting relates to a job opportunity at GSA Management, LLC, a vertically integrated self-storage acquisition, development and management company owned by Ares.

Objective

The Development Associate will be responsible for the preparation of site investigation reports, cost completion reports, project status reports, and maintaining project files. The successful candidate will have knowledge of real estate transactions, ground-up development experience, general contracting methods, be detail-oriented, and purpose-driven to set and meet deadlines.

Responsibilities

• Understands GSA Management LLC's and SecureSpace's business needs to develop project requirements.
• Coordinates with Acquisitions and Finance on project funding and closings
• Work with Development Manager and Director of Development on multiple projects simultaneously across various markets
• Creates and manages project schedules from concept, through design and to start of completion of construction.
• Performs site evaluations and makes recommendations for site selections.
• Collaborates with various departments throughout the development process to ensure timely completion of all objectives and milestones.
• Understands project entitlements and implementation of approval requirements.
• Oversees budget and schedules projects for construction
• Manage regular reports and schedules for projects during construction
• Assists with multiple and complex entitlement processes.
• Provides weekly reports for senior management
  
  

Other Functions

• Must be willing to travel to other company sites as necessary
• Must be able to work extended hours and weekends as needed
• Full time, in office
• Other duties as assigned
  
  

Skill And Experience

• A bachelor’s degree is required. A background in Civil Engineering is highly preferred
• A minimum of 4-6 years of experience in the development of multiple properties and/or retail chain development experience
• Strong analytical, problem-solving, strategic planning, and project management skills
• Proficiency in project scheduling software
• Proven experience in the underwriting and valuation of development opportunities, land acquisitions, and underwriting transactions
• Experienced in leading teams of consultants
• Knowledge to assess and mitigate risks in the transaction, entitlement, and development processes
• Excellent negotiation skills with the ability to sell your ideas and the rationale behind them
• Has exhibited a high degree of self-motivation, integrity, and success in past endeavors
• Excellent written and oral communication skills
• Ability to work in a fast-paced environment where deadlines are essential
• Ability to handle multiple transactions and projects simultaneously
  
  

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$130,000 - $160,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.