POSTED: November 11, 2026
TITLE: Development Associate / Senior Associate
REQUIREMENTS: M.B.A. (focus on Real Estate Development) and 2 years of experience in Financial Analysis of Real Estate Projects (regardless of job title).
JOB DUTIES: Support and lead key workstreams across real estate acquisition, financing, development, redevelopment, and lease-up, with a particular focus on affordable housing, mixed-income residential, mixed-use development, and rehabilitation projects. Support the development team in all aspects of project execution, including new business pursuits, site acquisition, entitlements, due diligence, design coordination, contracting, financing applications, financial transactions, construction coordination, loan closings, project budgeting, lease-up, marketing coordination, community outreach, and resident engagement. Prepare detailed financial analyses, project budgets, cash flow forecasts, investment memoranda, underwriting materials, RFP responses, presentations, financing documentation, funding applications, and project-level reporting for review by project teams, senior management, corporate finance, lenders, investors, public agencies, and other project stakeholders. Coordinate with development, construction, design, accounting, asset management, portfolio management, property management, leasing, marketing, legal, and community engagement teams to support successful project execution from acquisition and pre-development through construction, stabilization, refinancing, conversion, or disposition.
SALARY: $75,608 per year.
CONTACT: Send resume to:
LR Management Company,
350 W Hubbard, Suite 300,
Chicago, IL 60654
Jobsite: Chicago, IL (Full-Time Position)