Assistant Development Manager

Description Firm Overview:

Founded in 2003, PEG Companies is a vertically integrated owner, operator, and developer of multifamily, hospitality and build-to-rent assets in the U.S. and Canada. PEG currently manages approximately $2B of AUM across seven commingled funds and various separate accounts with over 1,100 employees.

The Assistant Development Manager supports the planning, coordination, and execution of real estate development projects from concept through stabilization. This role provides critical assistance to the Development team in areas including financial analysis, due diligence, design coordination, entitlement processing, construction oversight, and project reporting.

The ideal candidate is detail-oriented, analytical, and highly organized, with a strong interest in real estate development and the ability to manage multiple priorities in a dynamic environment.

• Support Development team members in executing all phases of multiple development projects.
• Coordinate with internal departments and external consultants to ensure projects meet budget, schedule, and quality objectives.

• Assist in preparing and updating financial pro formas and underwriting models.
• Conduct market and demographic research to support investment decisions and project positioning.

• Help manage due diligence activities, including third-party reports, title, environmental, and geotechnical reviews.
• Support entitlement and permitting processes by coordinating with municipalities and consultants.

• Assist in managing design and construction phases in collaboration with architects, engineers, and contractors.
• Coordinate owner-supplied items and track project budgets, schedules, and milestones.

• Prepare professional reports, presentations, and project updates for investors, lenders, and internal stakeholders.
• Maintain organized project documentation and ensure timely communication of key information.

• Support turnover processes to property management and asset management teams, ensuring operational readiness.

• Bachelor’s degree in Real Estate, Finance, Business, Construction Management, Engineering, Planning, or Architecture.

• Minimum of 2 years of relevant work experience in real estate development, construction, investment analysis, or a related field.
• A combination of internships and academic coursework may be considered in lieu of full-time experience.

• Proficiency in Microsoft Excel and PowerPoint; familiarity with project management and real estate analysis tools (e.g., Smartsheet, Procore, Argus) preferred.
• Strong quantitative and analytical skills with the ability to interpret financial data and project performance metrics.

• Capable of performing feasibility analysis, budget tracking, and market research to inform development decisions.

• Excellent written and verbal communication skills, with the ability to prepare clear and concise reports and presentations.

• Must be able to tolerate prolonged periods of sitting and/or standing at a desk.
• Must be able to operate a computer, telephone, and/or keyboard and tolerate prolonged periods performing work using a computer, telephone, and/or keyboard.
• Must be able to lift up to 15 pounds at times.
• Must be able to travel to project sites and meetings as needed.

Competitive salary and benefits package, commensurate with experience, including performance-based incentives.