Development Associate jobs in United States
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Ares Management · 6 hours ago

Development Associate

Ares Management is a vertically integrated self-storage acquisition, development and management company. The Development Associate will be responsible for managing various aspects of development projects, including design, entitlements, project budgets, and collaboration with contractors and consultants.

Asset ManagementBusiness DevelopmentCreditFinanceFinancial ServicesInsurance
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Growth Opportunities
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H1B Sponsor Likelynote

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
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

Qualification

Real estate transactionsConstruction methodsProject managementProject scheduling softwareEnvironmental approval processAnalytical skillsStrategic planningProblem-solving skillsNegotiation skillsCommunication skills

Required

A bachelor's degree is required
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
Experience in assessment and mitigation of risks in the transaction, entitlement, and development processes
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

Preferred

A background in Civil Engineering is highly preferred
Preference will be given to candidates with prior ground-up development experience
Experienced in environmental approval process in California is preferred

Benefits

Discretionary performance-based bonus

Company

Ares Management

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Ares Management is an alternative asset manager focusing on credit, private equity, and real estate.

H1B Sponsorship

Ares Management has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2023 (1)

Funding

Current Stage
Public Company
Total Funding
$5.4B
2025-10-29Post Ipo Equity· $1.5B
2025-01-09Post Ipo Equity· $2.3B
2024-10-09Post Ipo Debt· $750M

Leadership Team

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Michael Arougheti
Director, Co-Founder & Current CEO
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Antony Ressler
Co-Founder, Director and Executive Chairman
Company data provided by crunchbase