Development Associate - Browning.
Position: Development Associate - Multifamily
COMPANY OVERVIEW
Browning strengthens communities by developing, building, and managing game-changing
commercial real estate projects. With a reputation for executing large transactions and complex
projects, the firm’s significant and diversified portfolio includes market-leading industrial,
multifamily, and office projects in the Midwest.
JOB DESCRIPTION
The Development Associate is responsible for assisting with the management and execution of
Browning’s development processes to ensure successful completion of multifamily and mixed-
use development projects on time and on budget while exhibiting Browning’s Core Values.
This role reports directly to the Vice President of Development and will focus on providing
critical market research and financial analysis for multi-family development projects.
TO BE SUCCESSFUL IN THIS ROLE, YOU WILL:
• Conduct comprehensive market research to identify trends, opportunities, and
competitive landscape.
• Analyze demographic data and economic indicators to inform investment and
development strategies.
• Research market comps for land sales, rent, taxes and other key proforma inputs.
• Prepare presentations and reports for internal stakeholders and potential investors.
• Monitor market trends and economic indicators relevant to the multi-family sector as
well as specific markets and providing timely updates.
• Assist with due diligence, entitlement, and efforts to secure incentives.
• Engage and collaborate with local municipalities to understand zoning regulations,
incentives, and community development initiatives.
• Develop and maintain sophisticated financial models to assess development and
investment feasibility.
• Prepare reports and presentations summarizing financial insights and strategic
recommendations.
• Establish and maintain successful relationships with municipal officials, landowners,
brokers and other key information sources.
• Assist with the timely solicitation of Browning executive team approval at identified key
project milestones.
• Assist with drafting and completing investment packages, lender packages, project
updates and periodic project-level reports.
EDUCATION / EXPERIENCE:
• Minimum of 2-5 years of hands-on real estate or other professional experience in a
related industry.
• An undergraduate degree in a related field is strongly preferred.
SKILLS AND PERSONAL ATTRIBUTES:
• Detailed-oriented self-starter.
• Strong research and general analysis skills.
• Comfortable establishing and maintaining relationships with parties internal and
external to Browning.
• Excellent verbal and written communications skills with the ability to ask critical
questions.
• Proficiency with real estate financial analysis and proformas.
• Understanding of real estate development processes, stakeholders, and financial
drivers.
• Ability to engender trust and elicit information from others.
• Excellent prioritization and scheduling skills.
• Ability to understand the big picture while not losing sight of the details.
CANDIDATES WILL ALWAYS EXHIBIT BROWNING’S CORE VALUES:
Be Browning: Excellent, Empowered, Respectful, Admirable, and Safe.
Browning grants equal opportunity to all qualified persons without regard to race, color,
religion, gender, pregnancy, disability, age, national origin, military service obligations, veteran
status, citizenship, sexual orientation, or any other category protected by law. Browning
provides equal opportunity in wages, promotions, benefits and all privileges, terms, and
conditions of employment.
Contact: Pbean@browningrep.com
| Pamela Bean |
| Human Resources Specialist |
| 8940 RIVER CROSSING BLVD, SUITE 300 INDIANAPOLIS, IN 46240 |
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| BROWNINGREP.COM |
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