Real Estate Development Sr. Associate (Industrial)

TL;DR

Real Estate Development Sr. Associate (Industrial): Lead underwriting, financial modeling, and pipeline ownership for industrial real estate projects with an accent on pro forma construction, DCF analysis, sensitivity modeling, and return analysis. Focus on driving deal progression from site identification through entitlement, financing, construction, managing external relationships, and conducting market intelligence in Texas and Oklahoma.

On-site in Houston, TX

Salary: $115,000 - $135,000 a year

Company

Boutique, vertically integrated industrial real estate investment, development, and management firm headquartered in Houston, TX, operating across acquisitions, ground-up development, construction oversight, and asset management.

What you will do

• Lead independent underwriting and financial modeling including pro forma, DCF, sensitivity, and return analysis for development deals.
• Own a defined portion of the development pipeline, driving progression from site identification to construction commencement.
• Lead due diligence and transaction execution for land acquisitions, loans, and dispositions in coordination with advisors.
• Manage capital and lender relationships, preparing financing packages and maintaining investor contacts.
• Oversee consultants, vendors, architects, engineers, and municipalities; represent the firm externally.
• Track project milestones, flag risks, conduct market analysis, and deliver reporting and documentation.

Requirements

• 5–12 years in real estate development, private equity real estate, or related, with progression in deal responsibility.
• Proven independent underwriting and strong Excel-based financial modeling for full development pro forma.
• Experience managing external consultants, lenders, or capital relationships.
• Asset class flexibility; strong track record in development finance preferred over industrial-specific experience.
• Ability to work independently in entrepreneurial environment and communicate excellently.
• Bachelor's in Real Estate, Finance, Business, Engineering, or related.

Culture & Benefits

• Competitive base salary and discretionary year-end bonus.
• Comprehensive medical, dental, vision insurance; 401(k) with employer match.
• Minimum 15 days PTO plus professional development and conference allowance.
• Profit participation or co-invest rights aligned with deal outcomes.
• High visibility in flat organization with direct involvement in investment committee and growth path.
• Transparent, coaching-oriented culture supporting junior team members.