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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, construction methods, be detail-oriented, and purpose-driven to set and meet deadlines.
Responsibilities:
- Manages all aspects of development, including design, entitlements/government approvals, project budgets, and financial feasibility.
- Collaborates with the design team and various consultants, expediters, surveyors, and inspectors.
- Assists in overseeing and reviewing the general contractor’s detailed construction budget, change orders, and schedule. Review monthly updates to ensure coherent sequencing, logic, and adherence to contractual milestones.
- Supports the construction loan process by overseeing monthly requisition submissions to the lender and conducting walk-throughs with the lender’s inspector.
- Assists in obtaining the required governmental approvals and project signoffs.
- Maintains and manage project tracking logs (RFIs, submittals, permits, change orders, etc.) to ensure timely processing of all critical project documentation.
- Closely monitors the general contractor’s QC/QA and safety programs to ensure work complies with project quality standards, regulations, and contract requirements.
- Assists in preparing the Budget Status Report, tracking all contracts, and periodically updating cash flow projections based on actual construction progress.
- Manages project closeout activities and coordinates with asset management, property management, and facilities management teams.
- Assists with deal due diligence, including reviewing environmental and geotechnical reports, reviewing public records, contacting city agencies, and helping with pricing potential development schemes.
Other Functions:
- Must be willing to travel to other company sites as necessary.
- Must be able to work extended hours and weekends as needed.
- Other duties as assigned.
Skill and Experience:
- A bachelor’s degree is required. A background in Civil Engineering is highly preferred.Â
- A minimum of 4-6 years of experience in the development of multiple properties and/or retail chain development experience. Preference will be given to candidates with prior ground-up development experience.Â
- Strong analytical, problem-solving, strategic planning, and project management skills.Â
- Experience in assessment and mitigation of risks in the transaction, entitlement, and development processes.
- Experienced in environmental approval process in California is preferred
- Proficiency in project scheduling software.
- 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.
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Frequent to constant walking and standing on a job site as necessary.
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
GSA Management LLC is committed to providing equal employment opportunities to all employees and applicants. We strictly prohibit discrimination and harassment of any kind based on race, creed, color, religion, age, sex, national origin, disability, genetic information, sexual orientation, gender identity or expression, marital status, citizenship or immigration status, honorably discharged veteran or military status, or the presence of any sensory, mental, or physical disability, or the use of a trained dog guide or service animal by a person with a disability, Â or any other characteristic protected by federal, state, or local laws.
This policy applies to all employment practices, including but not limited to recruitment, hiring, placement, promotion, termination, recall, transfer, leaves of absence, compensation, and training.
GSA Management LLC complies with all applicable disability laws and is committed to providing reasonable accommodation to qualified individuals with disabilities. If you need a reasonable accommodation to participate in the application or interview process, perform essential job functions, or access other employment-related benefits, please contact Human Resources at hr@insitepg.com.
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.
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