Senior Associate, Development

Who We Are BluevaleCapital

BluevaleCapital is a boutique real estate private equity firm that specializes in value-add development and special situational multi-residential projects. Over the past two years the firm has completed over $250M of transactions with the intention of creating a $1B real estate fund over the next 2-3 years. By working with government leaders and by partnering with our sponsors and lenders the companys vision is to create 10000 residential units with a focus on tackling the affordable housing crisis in North America. We are currently putting together a stellar team that will help achieve this goal.

Role Description

This is an on-site rolelocatedin Connecticut for aSenior Associate Development. TheSenior Associatehelpslead the execution of adaptive reuse and conversion projects from acquisition through stabilization. Reporting to the Director of Development this role will oversee day-to-day project coordination manage external consultants and contractors and collaborate with internal teams acrossdeal sourcing finance and asset is a hands-on role suited for a motivated development professional seeking increased responsibility within a lean entrepreneurial organization.

Key Responsibilities

Project Execution & Oversight

• Support the Director of Development in managing adaptive reuse and conversion projects from due diligence through construction and lease-up.
• Assistin developing andmaintainingproject budgets schedules and pro formas.
• Coordinate entitlement permitting and regulatory approval processes.
• Monitor construction progress and proactivelyidentifycost or schedule risks.
• Ensure projects align with investmentobjectivesand quality standards.

Vendor & Consultant Management

• Coordinate and manage third-party consultants including architects engineers general contractors and specialty vendors.
• Assistin reviewing contractor pay applications change orders and vendor contracts.
• Track consultant deliverables andmaintainproject documentation.
• Support relationships with municipal officials and regulatory agencies.

Internal Coordination

• Work cross-functionally with acquisitions finance asset management and property management teams.
• Prepare development updates and reporting materials for senior leadership and capital partners.
• Contribute to underwriting efforts during acquisition and feasibility analysis.
• Support the implementation of internal development processes and best practices.

Financial & Strategic Support

• Track project financial performance against approved budgets and pro formas.
• Assistwith lender reporting capital calls and investor updates.
• Identifyvalue-engineering opportunities and cost optimization strategies.

Qualifications:

• Bachelors degree in Real Estate Architecture Construction Management Engineering Finance or related field.
• 34 years of experience in real estate development construction management or related field.
• Experience supporting renovation repositioning or adaptive reuse projects preferred.
• Working knowledge of development budgets schedules and financial modeling fundamentals.
• Strong project coordination and organizational skills.
• Proficiencyin Excel; familiarity with project management software a plus.
• Excellent communication analytical and problem-solving skills.
• Willingness to be based in and travel throughout Connecticut as projects require.

Preferred Qualifications:

• Experience working on development projects in Connecticut or the Northeast market.
• Familiarity with Connecticut zoning entitlement andpermittingprocesses.
• Experience with Connecticut Historic Tax Credits (CHTC) or Federal Historic Tax Credit structures.
• Exposure to brownfield remediation programs and DEEP regulatory processes.
• Knowledge of coastal site plan review and waterfront development regulations where applicable.
• Experience with office-to-residential or other adaptive reuse conversion projects in urban or suburban settings.
• Familiarity with local municipalities planning & zoning boards and community engagement processes within Connecticut.

Key Competencies:

• Strong project management and execution skills
• Financial and analytical aptitude
• Detail-oriented with strong follow-through
• Ability tooperateeffectively in a lean organization
• Vendor coordination and stakeholder communication
• Ownership mindset and accountability

Qualifications

• Strong project management and organizational skills; ability to track project milestones and deadlines
• Excellent written and verbal communication skills for stakeholder engagement and report preparation
• Proficiencyin conducting market research and interpreting data
• Ability to work collaboratively with different departments and external partners
• Knowledge and experience with sustainable practices and ESG principles are a plus
• Proficiencyin Microsoft Office Suite (Excel Word PowerPoint)
• Degree or coursework in Real Estate Urban Planning Business or a related field

Compensation:

Base Pay Range: $80000 - $100000 depending on experience

Bonus package of up to 20% of base pay

Standard Health benefits package

Office:Manhattan New York City

Job Site Locations:Shelton Milford Hartford CT